General Corporate

Merger of Stocard GmbH into Klarna Bank AB

NOTICE TO SHAREHOLDERS, CREDITORS AND EMPLOYEES OR EMPLOYEE REPRESENTATIVES OF KLARNA BANK AB (PUBL) AND STOCARD GMBH

The boards of directors of Klarna Bank AB (publ) (“KBAB”), a public limited liability company incorporated under Swedish law (reg. no. 556737-0431), and stocard GmbH (“Stocard”), a private limited liability company incorporated under German law (HRB 712032), have on 5 August 2025 approved and signed a merger plan concerning a cross-border merger. Stocard is as of the date hereof a wholly-owned subsidiary of KBAB. In the contemplated merger, Stocard will merge into KBAB. KBAB is the surviving company, whereas Stocard is the absorbed company. As a consequence of the merger, Stocard will be dissolved without liquidation and KBAB will acquire, by virtue of universal succession, all assets and liabilities of Stocard, as described in the merger plan.

The shareholders, creditors and employee representatives (or, if none exist, the employees themselves) of KBAB and Stocard are entitled to provide comments on the merger plan in writing, in accordance with Chapter 23, Section 41 a of the Swedish Companies Act (Sw. aktiebolagslagen (2005:551)). Potential comments must be delivered either:

  • by email to corporate.legal@klarna.com;

  • by mail to Klarna Bank AB (publ), att. Martin Hall, Sveavägen 46, 111 34 Stockholm, Sweden; or

  • by mail to Stocard GmbH, att. Yaron Shaer, Glücksteinallee 25, Mannheim 68163, Germany.

Potential comments must be delivered at the latest five (5) business days prior to the decision of the board of directors of KBAB to apply to the Swedish Financial Supervisory Authority for permission to execute the merger plan, which is planned to be made on 1 October 2025. Consequently, comments must be delivered by 24 September 2025 at the latest.

The merger plan and related documents as well as this notice, have been made available on KBAB’s website at: klarna.com from where such documents are also available for downloading and printing.


Date: 20 August 2025

Merger plan with appendices

On 1 September 2025 Klarna Bank AB filed a version of the statement by the auditor with a clarification regarding the date of the last signature on the merger plan. The statement of the auditor with the clarification is available for download

here
.