Adjustment of the Exchange Ratio and the Threshold Amounts of the Distributed Dividend per Share of the Bonds Redeemable in Cash and/or in Existing Shares (ORNAE)

Following the free allocation of shares on March 3, 2021, decided by the Board of Directors of SEB S.A. held on February 23, 2021, making use of the authorization it has been given by the Combined Annual Shareholders’ General Meeting of May 19, 2020 under the 19^th resolution, the Exchange Ratio and the Threshold Amounts of the Distributed Dividend per Share of the Bonds Redeemable in Cash and/or in Existing Shares (ORNAE) due November 2021 (ISIN code FR0013218807) are adjusted.