EQS-Adhoc: Nordea Mortgage Bank Plc: Annual Report 2019

Stock Exchange release Nordea Mortgage Bank Plc: Annual Report 2019 Nordea Mortgage Bank Plc's Annual Report, Corporate Governance Report and Alternative performance measures have been published. The documents are attached to this release and they are available on the Internet at https://www.nordea.com/en/investor-relations/reports-and-presentations/subsidiary-reports/finnish-subsidiary-reports/. Only information having material influence on the value of securities is included in this press release. The Annual Report now published covers the operations of Nordea Mortgage Bank Plc in Finland. Nordea Mortgage Bank Plc is a subsidiary wholly owned by Nordea Bank Abp. The financial statements of Nordea Bank Abp comprise the operations of the Nordea Group as a whole and gives the best overview of the Group. Summary of the year 2019:

- The operating profit of Nordea Mortgage Bank amounted to EUR 154.8m

- Net interest income totalled EUR 219.7m

- Total operating income was EUR 212.8m

- Total operating expenses were EUR -68.3m, increase mainly explained by additional service fees related to the purchase of EUR 2,229.5m loan portfolio in June 2019

- Net loan losses totalled EUR +10.3m, due to allowance reversals triggered by the change of parameters of statistical models for loan loss provisions. Realised loan losses were EUR -0.4m

- Loans to the public increased 16% compared to year-end 2018 and amounted to EUR 26,719.9m, increase mainly driven by the purchase of EUR 2,229.5m loan portfolio

- Debt securities in issue decreased 4% and amounted to EUR 16,117.7m

- The size of the cover pool increased 11% compared to year-end 2018 and amounted to EUR 21,943.2m, mainly as a result of the purchase of EUR 2,229.5m loan portfolio

Nordea Mortgage Bank Plc's semi-annual report will be published 17 July 2020. Helsinki, 27 February 2020 Nordea Mortgage Bank Plc Board of Directors Additional information: Jussi Pajala, Chief Executive Officer + 358 40 545 3859 Vesa Ruokokoski, Chief Financial Officer + 358 50 364 3251 http://www.rns-pdf.londonstockexchange.com/rns/3586E_2-2020-2-27.pdf http://www.rns-pdf.londonstockexchange.com/rns/3586E_3-2020-2-27.pdf http://www.rns-pdf.londonstockexchange.com/rns/3586E_1-2020-2-27.pdf

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