Mandatum Oyj - Major shareholder announcements

Mandatum plc: Disclosure Under Chapter 9 Section 5 of the Securities Market Act (Skandinaviska Enskilda Banken AB)

Mandatum plc, Stock exchange release, 21 March 2025 at 10:45 a.m. EET

Mandatum plc (Business ID 3355142-3) has received a notification, pursuant to
Chapter 9, Section 5 of the Finnish Securities Markets Act, that Skandinaviska
Enskilda Banken AB and its funds' direct or indirect holding of the shares and
votes in Mandatum plc has decreased below the threshold of 5% on 19 March 2025.

Total positions of Skandinaviska Enskilda Banken AB, and its funds subject to
the notification:

+----------------+----------+------------------+-----+----------------------+
|                |%of shares|% of shares and   |Total|Total number of shares|
|                |and       |voting rights     |of   |and voting rights of  |
|                |voting    |through financial |both |issuer                |
|                |rights    |instruments (total|in % |                      |
|                |(total    |of B)             |(A+B)|                      |
|                |of A)     |                  |     |                      |
+----------------+----------+------------------+-----+----------------------+
|Resulting       |0.11%     |0%                |0.11%|502,696,752           |
|situation on the|          |                  |     |                      |
|date on         |          |                  |     |                      |
|which threshold |          |                  |     |                      |
|was crossed or  |          |                  |     |                      |
|reached         |          |                  |     |                      |
+----------------+----------+------------------+-----+----------------------+
|Positions of    |7.00%     |0.005314%         |7.01%|                      |
|previous        |          |                  |     |                      |
|notification    |          |                  |     |                      |
|(if applicable) |          |                  |     |                      |
+----------------+----------+------------------+-----+----------------------+

Notified details of the resulting situation on the date on which the threshold
was crossed:
A: Shares and voting rights

+------------+---------+------------------------+---------+-------------------+
|Class/type  |Number of shares and voting rights|% of shares and voting rights|
|of shares   |                                  |                             |
|            |                                  |                             |
|ISIN code   |                                  |                             |
+------------+---------+------------------------+---------+-------------------+
|            |Direct   |Indirect                |Direct   |Indirect           |
|            |         |(SMA 9:6 and 9:7)       |(SMA 9:5)|(SMA 9:6 and 9:7)  |
|            |(SMA 9:5)|                        |         |                   |
+------------+---------+------------------------+---------+-------------------+
|FI4000552526|0        |562,201                 |0%       |0.11%              |
+------------+---------+------------------------+---------+-------------------+
|SUBTOTAL A  |562,201                           |0.11%                        |
+------------+---------+------------------------+---------+-------------------+

B: Financial instruments according to SMA 9:6a

+----------+----------+--------------+-----------+-----------------+-----------+
|Type of   |Expiration|Exercise/Conve|Physical or|Number of shares |% of shares|
|financial |date      |rsion Period  |cash       |and voting rights|and voting |
|instrument|          |              |settlement |                 |rights     |
+----------+----------+--------------+-----------+-----------------+-----------+
|          |          |              |           |                 |           |
+----------+----------+--------------+-----------+-----------------+-----------+
|          |          |              |           |                 |           |
+----------+----------+--------------+-----------+-----------------+-----------+
|          |          |              |SUBTOTAL B |                 |           |
+----------+----------+--------------+-----------+-----------------+-----------+

Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate
controlling natural person or legal entity:

+---------------+-----------+-----------------------------+-------------+
|Name           |% of shares|% of shares and voting rights|Total of both|
|               |and voting |through financial instruments|             |
|               |rights     |                             |             |
+---------------+-----------+-----------------------------+-------------+
|Skandinaviska  |0%         |0%                           |0%           |
|Enskilda Banken|           |                             |             |
|AB             |           |                             |             |
|               |           |                             |             |
|(publ)         |           |                             |             |
+---------------+-----------+-----------------------------+-------------+
|SEB Life       |0.11%      |0%                           |0.11%        |
|International  |           |                             |             |
|Assurance      |           |                             |             |
|               |           |                             |             |
|Company        |           |                             |             |
+---------------+-----------+-----------------------------+-------------+
|               |           |                             |             |
+---------------+-----------+-----------------------------+-------------+

Additional information:
Investors

Lotta Borgström
VP, Investor Relations
Tel. +358 50 022 1027
lotta.borgstrom(a)mandatum.fi

Media
Niina Riihelä
SVP, Communications, Brand and Sustainability
Tel. +358 40 728 1548
niina.riihela(a)mandatum.fi

Mandatum in brief
Mandatum is a major financial services provider that combines expertise in
wealth management and life insurance.Mandatum offers clients a wide array of
services covering asset and wealth management, savings and investment,
compensation and rewards as well as pension plans and personal risk insurance.
Mandatum offers services to corporate, retail, institutional and wealth
management clients.At the centre of Mandatum's success are highly skilled
personnel, a strong brand as well as a proven investment track record.

mandatum.fi/en/group (http://www.mandatum.fi/en/group)

Distribution:

Nasdaq Helsinki

Financial Supervisory Authority

Key media

www.mandatum.fi