SPP Livförsäkring AB- cahnges in terms and conditions of subordinated loan (SEK 700,000,000) dated 19 february 2014

The terms and conditions dated on 19 February 2014 regarding the subordinated
loan (the “Subordinated Loan”) in the amount of up to SEK 700,000,000 which was
originally issued by SPP Livförsäkring AB (publ) (”SPP Liv”) have been updated
to reflect the change of issuer to SPP Pension & Försäkring AB (publ) (“SPP
Pension & Försäkring”)

As a result of the merger between SPP Liv Fondförsäkring AB (publ) (now SPP
Pension & Försäkring AB (publ)) and SPP Liv the terms and conditions of the
Subordinated Loan has been updated to reflect the change of issuer under the
Subordinated Loan.

The updated terms and conditions in which SPP Pension & Försäkring has replaced
SPP Liv as issuer are held available on www.spp.se

Stockholm, 15 January 2015

For further information please contact:

CEO SPP Pension & Försäkring - Sarah Mcphee

sarah.mcphee@spp.se or +46 (0)8 451 75 20

Head of Communications SPP Pension & Försäkring - Åsa Wallenberg

asa.wallenberg@spp.se or +46 (0)70 361 34 09