Apr 29, 2022

Early redemption of Additional Tier 1 Capital Notes

Klarna Bank AB (publ) – Early redemption of Additional Tier 1 Capital notes

Stockholm, Sweden - 29 April, 2022 Klarna Bank AB (publ) (the “Issuer”) informs that it intends to voluntarily redeem the SEK 250,000,000 floating rate Additional Tier 1 Capital Notes with ISIN SE0009888753 (the “Notes”) on the first call date in accordance with the terms and conditions dated 26 May 2017. All outstanding Notes will be redeemed in full at their nominal amount, together with accrued but unpaid interest. The redemption date is expected to be 27 May 2022.

A notice of early redemption will today be circulated to the holders of the Notes and will be published on the website of the Issuer and the Agent. The notice is irrevocable.

Agent:

Intertrust (Sweden) AB 

Kristofer Nivenius

trustee@intertrustgroup.com

+46 (0) 70 688 1910

For further information, please contact Klarna at:

Aoife Houlihan, VP of Communications

Phone: +46 (0) 72855 8047

Email: aoife.houlihan@klarna.com / press@klarna.com