CAPITAL-PROTECTED INVESTMENTS FEBRUARY 2014

Investment offers

Capital-protected investments Issue price

Nominal amount

Participation Rate

Term

Equity-linked Note Eastern Europe Follows the stock market in Czech Republic, Hungary and Poland.

1402A 1402B

10 200 11 000

10 000 10 000

55% 120%

4 yr 4 yr

Equity-linked Note Europe Follows a basket of ten European companies’.

1402E 1402F

10 100 11 000

10 000 10 000

50% 170%

3 yr 3 yr

Equity-linked Note Global Titans Follows a basket of ten multi-national companies’.

1402K 1402L

10 000 11 000

10 000 10 000

50% 220%

3 yr 3 yr

Equity-linked Note Sweden 10 Companies’ Follows a basket of ten Swedish companies’.

1402S 1402T

10 100 11 000

10 000 10 000

50% 135%

4 yr 4 yr

Currency-linked Note Emerging Markets Follows a basket of three Emerging Markets currencies.

1402V 1402X

10 000 10 500

10 000 10 000

100% 250%

3 yr 3 yr

Risks Investments in financial instruments are always associated with some risks. You can find more information in SEB’s Swedish MTN program which is published on SEB’s website and in the brochure.

How to invest You can buy our capital-protected investments through the internet by visiting our website seb.se/kapitalskydd. You can also visit your nearest SEB office or call +46 (0) 771-365 365

Invest safely in different asset classes through capital protected investments SEB’s investment philosophy is based on to seven different asset classes, that open up to a variety of investment opportunities. The palette ranges from more traditional asset classes like equities and interest rates to alternative asset classes like properties, currencies, commodities, private equity and hedge funds. You can combine the potential gain of one of these underlying assets while maintaining the security of our capital protected notes.

The benefits of capital protected investments

Seen over a longer time period, there are benefits to investing in capital protected notes. Analyses on Swedish index-linked notes issued by SEB from 1999, show that the index-linked notes have outperformed its underlying index. Both the index-linked note and the underlying index follow the market movement. However, the capital protection prevents the downside market performance which benefits the performance of the index-linked note.

The graph illustrates the performance (including brokerage fee of 2 percent) of the capital protected investment whose return is linked to the Swedish stock market, compared with the Swedish stock market (including dividends). The data refers to past performance. Historical performance is no guarantee for future results.

Source: Bloomberg & SEB

0

50

100

150

200

250

300

350

400

1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

SEB Index-linked note Sw eden Sw edish equity index incl. dividends

How does a capital protected investment work? A capital protected investment means that the nominal amount will be paid by the issuer on redemption day. The investments described in this brochure are issued by SEB. Repayment of the nominal amount and possible return therefore requires that SEB meets it’s obligations on the maturity date. Normally, a capital protected investment is constructed to fit investors who believe in a rising market. This means that if the underlying market that the investment is linked to has risen on the maturity date, the investment will pay an amount related to the rise. If the price of the underlying market is unchanged or has fallen, the investment will repay the nominal amount (SEK 10,000 per note) on the redemption date .The growth in the underlying market is calculated as the difference between the initial and closing value. Some types of capital protected investments are constructed so that any additional amount is paid out even if the underlying market has fallen, moved within a certain range or has gone up compared to another market. The general description in this brochure relates to capital protected investments that are constructed for those who believe in a rising market. How each individual investment works is described on the respective information page for each product in this brochure and it’s specific Final Terms. The closing value is often defined as an average over the final year, this reduces the impact of a possible fall. If the underlying market rises during this period, the closing value will be lower than the actual market rise. At a fall, the closing value will be higher than the actual market fall. Further information on how the closing value is determined for the current investment is detailed on the Fact page at the end of this brochure. What is a participation rate? The participation rate shows how much of the market’s rise you may have access to (leverage). The participation rate is multiplied by the market rise. If the participation rate is greater than 100 percent, the investor can get a higher return than the underlying market rise. The participation rates in this brochure are preliminary and they will be determined at settlement date. Thereafter, they remain unchanged. A few examples of what affects participation rates are Swedish interest rates, the price movement (volatility) in the selected market and the situation on the currency markets. Information about the minimum participation rate can be found at the end of this brochure under the section “Issuer’s right to cancel”. The final participation rates will be confirmed in the Final Terms which can be found on the Secondary Market, quotation list on www.seb.se.

Issue above par – the possibility of higher returns but to greater risk. Some investments are offered at different prices, for example SEK 10,000 or SEK 11,000. The higher the price the investor pays at time of purchase for a capital protected investment, the higher the participation rate and therefore the higher potential for future returns. If the investor chooses a capital protected investment for SEK 11,000 the investor will take a greater risk of SEK 1,000. If the market goes up, the investor receives a higher return. If the market falls or remains unchanged on the redemption date, the investor receives the principal amount (SEK 10,000) and makes a loss equal to the issue above par and Commission. Possibility to sell before maturity. The basic idea of a capital protected investment is that the investor keeps it until the redemption date, as this is when the investor receives at least the principal amount. You still have the opportunity to sell during the term of the investment, for example if the investment has risen in value and you want to make a profit hedging. Sales are made at daily value, which means that prices can be both higher and lower than the investment’s nominal amount, partly because of how the underlying market has developed to the time of sale. If the underlying market value rises, the value of the investment is also rising, but not as fast. At the beginning of the maturity of the investment, you should not have the same expectation that a capital protected investment will increase in value at the same pace as the underlying market. This is particularly true for the capital protected investments that have a limit on the possible return (when there are only returns up to a certain, predetermined level).

*Preliminary. For the lowest possible participation rate, please read the section “Issuer’s right to cancel”. ** For exact term, see Fact page

Issue Price 1402A: SEK 10,200 per Note Issue Price 1402B: SEK 11,000 per Note Participation Rate 1402A: 55 %* Participation Rate 1402B: 120 %* Maturity: 4 years**

Summary The return is linked to the index CECE Composite Index that follows the stock markets in Czech Republic, Hungary and Poland, please see list below. The product is Capital Protected. At maturity, the investor receives at least 100 percent of the Nominal Amount. Why invest in Eastern Europe? + Eastern European countries who export to the region

benefit from a growing German Economy.

+ A further expansion in private consumption contributes to the Eastern European growth.

- The Polish government has lost popularity as they

tighten their budget.

- Trots bättre tillväxtutsikter blir de kommande årens återhämtning måttlig.

Equity-markets that are included in the CECE Composite Index

The Czech Traded Index --- follows the equity market in the Czech Republic. The Hungarian Traded Index --- follows the equity market in Hungary. The Polish Traded Index --- follows the equity market in Poland.

EQUITY-LINKED NOTE EASTERN EUROPE 1402A/1402B

*Preliminary. For the lowest possible participation rate, please read the section “Issuer’s right to cancel”. ** For exact term, see Fact page

Issue Price 1402E: SEK 10,100 per Note Issue Price 1402F: SEK 11,000 per Note Participation Rate 1402E: 50 %* Participation Rate 1402F: 170 %* Maturity: 3 years**

Summary The return is linked to a basket of ten European companies, please see list below. The product is Capital Protected. The return is affected both by the basket performance and the exchange rate changes between the Swedish krona and the Euro. A weakening of the Euro has a negative effect while a strengthening of the Euro has a positive effect. The nominal amount is not affected by exchange rate changes. At maturity, the investor receives at least 100 percent of the Nominal Amount. Why invest in Europe? + Strong finances in many European companies. + Private and professional investors are more positive towards the market. - There are still uncertainties in the European economy.

- Investors’ are still conservative about the development in Europe.

Company

Bayerische Motoren Werke AG Deutsche Telekom AG Muenchener Rueckver AG Siemens AG TeliaSonera AB Air Liquide SA Gaz de France Suez SA ENI S.p.A. Unilever NA Vinci SA

Sector

Consumer Discretionary Telecommunication Finance Industrials Telecommunication Material Utilities Energy Consumer Staples Industrials

Country

Germany Germany Germany Germany Sweden France France Italy Netherlands France

EQUITY-LINKED NOTE EUROPE 1402E/1402F

*Preliminary. For the lowest possible participation, please read the section “Issuer’s right to cancel”. ** For exact term, see Fact page

Issue Price 1402K: SEK 10,000 per Note Issue Price 1402L: SEK 11,000 per Note Participation Rate 1402K: 50 %* Participation Rate 1402L: 220 %* Maturity: 3 years**

Summary The return is linked to a basket of ten large multi-national companies, please see list below. The product is Capital Protected. The return is affected both by the basket performance and the exchange rate changes between the Swedish krona and the U.S. dollar. A weakening of the dollar has a negative effect while a strengthening of the dollar has a positive effect. The nominal amount is not affected by exchange rate changes. At maturity, the investor receives at least 100 percent of the Nominal Amount. Why invest in Global Titans equities? + Large, established companies offer higher stability.

+ Many valuations are at attractive levels. - If risk appetite is large it will probably benefit smaller companies.

- Many companies are sensitive to movements in private consumption.

Company

AT&T Inc E.ON SE Johnson & Johnson Inc Procter & Gamble Co Royal Dutch Shell Plc HSBC Holdings Plc ConocoPhillips Co CLP Holdings Ltd Vodafone Group Plc Siemens AG

Sector

Telecommunication Utilities Health Care Consumer Staples Energy Finance Energy Utilities Telecommunication Industrials

Country

USA Germany USA USA Netherlands Hong Kong USA Hong Kong Great Britain Germany

EQUITY-LINKED NOTE GLOBAL TITANS 1402K/1402L

*Preliminary. For the lowest possible participation rate, please read the section “Issuer’s right to cancel”. ** For exact term, see Fact page

Issue price 1402S: SEK 10,100 per Note Issue price 1402T: SEK 11,000 per Note Participation Rate 1402S: 50%* Participation Rate 1402T: 135%* Maturity: 4 years**

Summary The return is linked to a basket of ten Swedish companies that are listed on Nasdaq OMX Stockholm AB, please see list below. The product is Capital Protected. At maturity, the investor receives at least 100 percent of the Nominal Amount.

Why invest in Sweden? + The Stockholm Stock Exchange is historically a winner in a positive market

climate.

+ Signs show that the economy is on the way up. - Less stimulation in U.S. economy can have a negative effect on the equity

market

- Uncertainty about the strength of global demand in coming years.

Company

ABB Ltd Autoliv Inc LM Ericsson Hennes & Mauritz AB Investor AB Nordea AB Sandvik AB Swedbank AB TeliaSonera AB Volvo AB

Sector

Industrials Consumer Staples Telecommunication Consumer Discretionary Finance Finance Industrials Finance Telecommunication Industrials

EQUITY-LINKED NOTE SWEDEN 10 COMPANIES’ 1402S/1402T

*Preliminary. For the lowest possible participation rate, please read the section “Issuer’s right to cancel”. ** For exact term, see Fact page

Issue price 1402V: SEK 10,000 per Note Issue price 1402X: SEK 10,500 per Note Participation Rate 1402V: 100%* Participation Rate 1402X: 250%* Maturity: 3 years**

Summary The return is linked to a basket of five emerging markets currencies: Mexican Peso, Singapore Dollar and Polish Zloty, please see list below. The basket generates a positive performance if the Euro weakens against the basket. The product is Capital Protected. At maturity, the investor receives at least 100 percent of the Nominal Amount.

Why invest in Emerging Markets currencies? + Benefit from the recovery in some of the strongest EM economies. + Opportunity to spread risk through a new type of asset (currency). - EM currencies are vulnerable if the US Federal Reserve would tighten monetary

policy faster than expected. - A surprisingly strong development in the Euro zone could lend the euro

additional support.

Currency

Peso Dollar Zloty

Country

Mexico Singapore Polen

Code

MXN SGD PLN

CURRENCY-LINKED NOTE EMERGING MARKETS 1402V/1402X

Calculation examples

SEB1402A SEB1402BIndex Initial investment Redemption Return Annualised Index Initial investment Redemption Return Annualised

return* incl fees amount incl fees return** return* incl fees amount incl fees return**

-20% 10 404 kr 10 000 kr -3,9% -1,0% -20% 11 220 kr 10 000 kr -10,9% -2,8%

0% 10 404 kr 10 000 kr -3,9% -1,0% 0% 11 220 kr 10 000 kr -10,9% -2,8%

7,3% 10 404 kr 10 404 kr 0,0% 0,0% 10,2% 11 220 kr 11 220 kr 0,0% 0,0%

20% 10 404 kr 11 100 kr 6,7% 1,6% 20% 11 220 kr 12 400 kr 10,5% 2,5%

40% 10 404 kr 12 200 kr 17,3% 4,1% 40% 11 220 kr 14 800 kr 31,9% 7,2%

60% 10 404 kr 13 300 kr 27,8% 6,3% 60% 11 220 kr 17 200 kr 53,3% 11,3%

80% 10 404 kr 14 400 kr 38,4% 8,5% 80% 11 220 kr 19 600 kr 74,7% 15,0%

SEB1402E SEB1402FIndex Initial investment Redemption Return Annualised Index Initial investment Redemption Return Annualised

return* incl fees amount incl fees return** return* incl fees amount incl fees return**

-20% 10 302 kr 10 000 kr -2,9% -1,0% -20% 11 220 kr 10 000 kr -10,9% -3,8%

0% 10 302 kr 10 000 kr -2,9% -1,0% 0% 11 220 kr 10 000 kr -10,9% -3,8%

6,0% 10 302 kr 10 302 kr 0,0% 0,0% 7,2% 11 220 kr 11 220 kr 0,0% 0,0%

20% 10 302 kr 11 000 kr 6,8% 2,2% 20% 11 220 kr 13 400 kr 19,4% 6,1%

40% 10 302 kr 12 000 kr 16,5% 5,2% 40% 11 220 kr 16 800 kr 49,7% 14,4%

60% 10 302 kr 13 000 kr 26,2% 8,1% 60% 11 220 kr 20 200 kr 80,0% 21,7%

80% 10 302 kr 14 000 kr 35,9% 10,8% 80% 11 220 kr 23 600 kr 110,3% 28,1%

If the dollar strengthens by 20 percent. The redemption amount will be If the dollar strengthens by 20 percent. The redemption amount will be

12 400 kr, which is equivalent to 6.37 percent in annulised return. 18 160 kr, which is equivalent to 17.41 percent in annulised return.

If the dollar weakens by 20 percent. The redemption amount will be If the dollar weakens by 20 percent. The redemption amount will be

11 600 kr, which is equivalent to 4.03 percent in annulised return. 15 440 kr, which is equivalent to 11.23 percent in annulised return.

SEB1402K SEB1402LIndex Initial investment Redemption Return Annualised Index Initial investment Redemption Return Annualised

return* incl fees amount incl fees return** return* incl fees amount incl fees return**

-20% 10 200 kr 10 000 kr -2,0% -0,7% -20% 11 220 kr 10 000 kr -10,9% -3,8%

0% 10 200 kr 10 000 kr -2,0% -0,7% 0% 11 220 kr 10 000 kr -10,9% -3,8%

4,0% 10 200 kr 10 200 kr 0,0% 0,0% 5,5% 11 220 kr 11 220 kr 0,0% 0,0%

20% 10 200 kr 11 000 kr 7,8% 2,5% 20% 11 220 kr 14 400 kr 28,3% 8,7%

40% 10 200 kr 12 000 kr 17,6% 5,6% 40% 11 220 kr 18 800 kr 67,6% 18,8%

60% 10 200 kr 13 000 kr 27,5% 8,4% 60% 11 220 kr 23 200 kr 106,8% 27,4%

80% 10 200 kr 14 000 kr 37,3% 11,1% 80% 11 220 kr 27 600 kr 146,0% 35,0%

If the dollar strengthens by 20 percent. The redemption amount will be If the dollar strengthens by 20 percent. The redemption amount will be

12 400 kr, which is equivalent to 6.73 percent in annulised return. 20 560 kr, which is equivalent to 22.37 percent in annulised return.

If the dollar weakens by 20 percent. The redemption amount will be If the dollar weakens by 20 percent. The redemption amount will be

11 600 kr, which is equivalent to 4.38 percent in annulised return. 17 040 kr, which is equivalent to 14.95 percent in annulised return.

SEB1402S SEB1402TIndex Initial investment Redemption Return Annualised Index Initial investment Redemption Return Annualised

return* incl fees amount incl fees return** return* incl fees amount incl fees return**

-20% 10 302 kr 10 000 kr -2,9% -0,7% -20% 11 220 kr 10 000 kr -10,9% -2,8%

0% 10 302 kr 10 000 kr -2,9% -0,7% 0% 11 220 kr 10 000 kr -10,9% -2,8%

6,0% 10 302 kr 10 302 kr 0,0% 0,0% 9,0% 11 220 kr 11 220 kr 0,0% 0,0%

20% 10 302 kr 11 000 kr 6,8% 1,7% 20% 11 220 kr 12 700 kr 13,2% 3,1%

40% 10 302 kr 12 000 kr 16,5% 3,9% 40% 11 220 kr 15 400 kr 37,3% 8,2%

60% 10 302 kr 13 000 kr 26,2% 6,0% 60% 11 220 kr 18 100 kr 61,3% 12,7%

80% 10 302 kr 14 000 kr 35,9% 8,0% 80% 11 220 kr 20 800 kr 85,4% 16,7%

SEB1402V SEB1402XIndex Initial investment Redemption Return Annualised Index Initial investment Redemption Return Annualised

return*** incl fees amount incl fees return** return*** incl fees amount incl fees return**

-20% 10 200 kr 10 000 kr -2,0% -0,7% -20% 10 710 kr 10 000 kr -6,6% -2,3%

0% 10 200 kr 10 000 kr -2,0% -0,7% 0% 10 710 kr 10 000 kr -6,6% -2,3%

2,0% 10 200 kr 10 200 kr 0,0% 0,0% 2,8% 10 710 kr 10 710 kr 0,0% 0,0%

20% 10 200 kr 12 000 kr 17,6% 5,6% 20% 10 710 kr 15 000 kr 40,1% 11,9%

40% 10 200 kr 14 000 kr 37,3% 11,1% 40% 10 710 kr 20 000 kr 86,7% 23,1%

60% 10 200 kr 16 000 kr 56,9% 16,2% 60% 10 710 kr 25 000 kr 133,4% 32,7%

80% 10 200 kr 18 000 kr 76,5% 20,8% 80% 10 710 kr 30 000 kr 180,1% 41,0%

**Annualised return is the return per year, including fees.

Sweden 10 Companies Sweden 10 Companies

Emerging Markets Emerging Markets

*Return of the underlying index is calculated as (final value/initial value-1). ***Return of the underlying index is calculated as (1-final value/initial value).

Eastern Europe Eastern Europé

Europe Europe

Global Titans Global Titans

Fact page Subscription period 31 January 2014 – 28 February 2014. Payment due date 11 March 2014. Term Eastern Europe and Sweden 10 Companies’ 11 March 2014 – 9 March 2018.

Emerging Markets, Europe and Global Titans 11 March 2014 – 10 March 2017. Nominal amount SEK 10 000 per note. Start value Eastern Europe, Emerging Markets, Europe and Sweden 10 Companies’ Calculated on 5 March 2014. Global Titans Calculated as an average of the closing value of the underlying asset(s) 5-7 March and 10-11 March 2014.

Start value Currency Europe and Global Titans Calculated on 5 March 2014. Final value Eastern Europe and Sweden 10 Companies’ Calculated as an average of the closing value of the underlying market on the 21th of every month from 21 February 2017 – 21 February 2018.

Europe and Global Titans Calculated as an average of the closing value of the underlying market on the 22th of every month from 22 February 2016 – 22 February 2017. Emerging Markets Calculated on 25 January 2017. Final value Currency Europe and Global Titans Calculated on 23 February 2017. Price, Fees and Compensation The price per Note varies from SEK 10,000 to SEK 11,000 plus a Commission depending on the chosen investment. A Commission (transaction cost) and an arranger’s fee (included in the price of the investment) are charged to cover SEB’s operating expenses and operating profit. The conditions for the product are set on the payment date, and settlement amount and Commission are due for payment. If the product is sold on the secondary market a Commission will be charged according to current price list. Commission 2 percent of settlement amount per settlement note. VP account holders are subject to an additional transaction fee of SEK 10. Arranger’s fee The arranger’s fee may vary and is determined after the terms have been decided. The arranger’s fee may not exceed

1.5 % of the issued amount per year. The calculation is based on the assumption that the investment is retained until the redemption date. The arranger’s fee covers costs such as production, stock exchange registration, distribution, licensing and risk management. Risk management refers to the risk arising from SEB’s commitment to fulfill the terms of the investment; this risk must be actively managed during the investment's term. As a result, a risk management margin arises which can be either positive or negative. The arranger’s fee is included in the price of the investment. Compensation SEB may provide compensation to a third party that distributes the Bank’s capital protected investments. The compensation is normally calculated as a percentage of the invested nominal amount related to the sales of such a distributor. This means that the compensation is calculated only after the sales period is closed. SEB normally pays out 0.5-1 percent of the invested nominal amount. The compensation is part of SEB’s Arranger’s fee. More information about the bank’s compensation and conflicts of interest can be found in ”Information about SEB and it’s securities services” which can be found at www.seb.se, Spara & Placera, ”Regler för hantering av värdepapper”. Payment methods On payment date, the settlement amount is deducted in accordance with directions in the application form. Depository VP or custodian account with SEB or other bank or securities broker (although not custodian accounts with Stadshypotek or Aktiespararnas FK). Currency hedging These capital protected investments offer the opportunity to invest in global markets without currency fluctuations directly affecting the return because all calculations and payments are made in Swedish kronor. Does not apply to 1402E, 1402F, 1402K and 1402L, 1402V and 1402X whose return is directly linked to currencies. Exchange listing The NASDAQ OMX Stockholm Stock Exchange or other regulated stock exchange. Secondary market You can sell your capital protected investment at any time, since SEB under normal circumstances will offer a bid price. The price may be higher or lower than both the original amount invested and the nominal amount depending on the valuation. The price on the secondary market is determined by terms to maturity, the underlying market development, price movement (volatility) and interest rates. Generally, investments that contain restrictions on the growth in underlying assets, have less adherence with gains in the underlying assets than would otherwise be the case. These investments are suitable

in general for an investor whose investment horizon is consistent with the investment’s maturity. A Commission will be charged according to current price list. Codes and Isin codes Information regarding the value of capital protected investments is provided on contract notes, annual statements, internet and letters from SEB and Euroclear Sweden AB (previously VPC) and on NASDAQ OMX Stockholm AB’s price quote list. Capital protected investments are referred to by their codes which are listed below: Codes Isin codes SEB1402A SE0005620895 SEB1402B SE0005620903 SEB1402E SE0005620911 SEB1402F SE0005620929 SEB1402K SE0005620937 SEB1402L SE0005620945 SEB1402S SE0005620952 SEB1402T SE0005620960 SEB1402V SE0005620978 SEB1402X SE0005620986 Comprehensive terms and conditions The terms in SEB’s MTN programme published July 2013 and any published prospectus supplements together with the Final Terms, dated March 2014, govern these capital protected investments. SEB's base prospectus is published and approved by The Swedish Financial Supervisory Authority. The published base prospectus and Final Terms are available for viewing at www.seb.se or please contact The Telephone Bank on +46 771 365 365. The base prospectus is also available at The Swedish Financial Supervisory Authority. These capital protected investments and all related contractual documentation will be governed by, and construed in accordance with, Swedish law. Disputes concerning the interpretation and application of these General Terms and Conditions shall be adjudicated by Swedish courts, in the first instance by the Stockholm District Court. Swedish confidentiality (PuL) legislation For information regarding SEB’s treatment of personal and other information pursuant to Swedish PuL confidentiality legislation, please refer to the reverse of the application form. Issuer Skandinaviska Enskilda Banken AB (publ) ”SEB”, SE106 40, Stockholm, orgnr 502032-9081, has permission to manage Securities operations. SEB is under supervision of The Swedish Financial Supervisory Authority. SEB has received rating ”A+” according to Standard & Poor’s, and ”A1” according to Moody’s. Rating may be subject to change so it is the Investor’s duty to obtain information about the current rating. SEB Head-quarters is based in Stockholm.

Issuer’s right to cancel SEB reserves the right to cancel any or all of the investment alternatives if:

A) Economic, financial or political events occur, which according to SEB's judgement may jeopardise the successful launch of these capital protected investments.

B) The subscribed amount for any of the investment alternatives is less than SEK 20,000,000.

C) The degree of participation cannot be set to at least:

SEB1402A 45 % SEB1402B 105 % SEB1402E 40 % SEB1402F 155 % SEB1402K 40 % SEB1402L 200 % SEB1402S 40 % SEB1402T 120 % SEB1402V 90 % SEB1402X 220 % Product group B. More information about SEB’s product groups can be found at www.seb.se, Spara & Placera, ”Regler för hantering av värdepapper”. Complaint If you have any complaints regarding this product, you can contact the division within SEB that provided the product. If the complaint remains please contact:

SEB Kundrelationer SE106 40 Stockholm Phone no. +46 (0) 771-62 10 00 Further information about complaints and how to proceed with your complaint case can be found on SEB’s website, www.seb.se. Want to know more? To contact SEB, visit your nearest SEB office, call +46 (0) 771-365 365 or visit us our website, www.seb.se/kapitalskydd. In general This brochure is produced by SEB and provides general market information on SEB’s capital protected investments. The content is based on sources that SEB have judged to be reliable. SEB is not responsible for errors or defects in that information or for any loss whatsoever that may occur from reliance on it. If the information refers to an investment analysis you should if possible read the full report and information published in relation thereto. You are responsible in full for your investment decisions and should always obtain detailed information before deciding on an investment. Further information, such as product sheets, the Final Terms and the information-/marketing brochures for capital protected investments are available at www.seb.se.

If necessary, you can also obtain advice on investments customized to your individual needs from your advisor at SEB. Disclaimer The index CECE Composite Index (CECE) is calculated and published by Vienna Stock Exchange and therefore represents its intellectual property. The designation „CECE” is a registered trademark of Vienna Stock Exchange. The index description as well as its rules and composition are online available on www.indices.cc. Vienna Stock Exchange does not guarantee the accuracy and/or the completeness of the index or any data included therein and Vienna Stock Exchange shall have no liability for any errors, omissions, or interruptions therein. SEB1402A and SEB1402B are not in any way sponsored, endorsed, sold or promoted by Vienna Stock Exchange. Vienna Stock Exchange makes no warranty or representation whatsoever, express or implied,to owners of the products, or any other person or entity from the use of the index or any data included therein. Without limiting any of the foregoing, in no event shall Vienna Stock Exchange have any liability for any special, punitive, indirect, or consequential damages (including lost profits), even if notified of the possibility of such damages.

RISKS A safe investment, but a risk nonetheless. A capital protected investment is safe because it combines the possibility of investment gains, from the underlying markets, with the security of a bond. However, there are certain risks associated with a capital protected investment. A summary of these risks follows here: Credit risk: SEB is the issuer of these capital protected investments. This means that you, as the holder of a capital protected investment, have a credit risk at SEB. Repayment of the nominal amount and any applicable return assumes that SEB is able to fulfill these commitments on the redemption date. A capital protected investment is not covered by the state deposit guarantee programme. Liquidity risk / Price risk: The capital protection, i.e. the repayment of the nominal amount, is only applicable on the redemption date. This means that the market price of the investment may be lower than the nominal amount if it is sold during its term. The price on the secondary market during the term may be higher or lower than the nominal amount depending upon the valuation. The price is calculated on various factors, amongst others, the remaining term, underlying market movements and volatility in the markets. Currency risk: A capital protected investment offers the opportunity to invest in global markets without fluctuations in currency rates directly affecting the return, because all calculations and payments are made in Swedish Kronor. This does not apply to products which have their returns linked to currency rate fluctuations.

Other risks: A capital protected investment which has an issue price of e g SEK 11,000, carries a risk through the payment of a premium of SEK 1,000. If the underlying market rises it offers the possibility of a higher return. If the underlying market has dropped in value on the redemption date the investment returns the nominal amount. You take a risk on the interest you could have received if the money had been invested in pure interest-bearing investments. An investment in a capital protected investment can give a different return than a direct investment in the underlying market. Different arrangers’ capital protected investments, linked to the same market, are often constructed in different ways and are therefore difficult to compare. Information about how this capital protected investment is constructed can be found in the brochure. You can find more information in SEB’s Swedish MTN program which is published on SEB’s website. Rules on taxation Information about taxation is based on the rules that apply today. Tax rules may change over time. Any individual who is unsure about how a capital protected investment is taxed should consult a tax advisor. The consequences of the tax rules for each person will depend on their individual circumstances. Investment is constructed can be found in the brochure. You can find more information in SEB’s Swedish MTN program which is published on SEB’s website.

Example of total cost when investing a nominal amount of SEK 10 000 with a commission of 2 percent

Investment alternative Term

Issue Price Commission (SEK)*

Maximum arranger’s fee **

Total cost

Eastern Europe 1402A 1402B

4 years 4 years

102% 110%

204 SEK 220 SEK

600 SEK 600 SEK

804 SEK 820 SEK

Europe 1402E 1402F

3 years 3 years

101% 110%

202 SEK 220 SEK

450 SEK 450 SEK

652 SEK 670 SEK

Global Titans 1402K 1402L

3 years 3 years

100% 110%

200 SEK 220 SEK

450 SEK 450 SEK

650 SEK 670 SEK

Sweden 10 Companies’

1402S 1402T

4 years 4 years

101% 110%

202 SEK 220 SEK

600 SEK 600 SEK

802 SEK 820 SEK

Emerging Markets

1402S 1402T

3 years 3 years

100% 105%

200 SEK 210 SEK

450 SEK 450 SEK

650 SEK 660 SEK

• The Commission is calculated as a percentage of the invested nominal amount and is paid separately. • ** Maximum arranger’s fee is calculated as 1.5 percent x term.