Divestment of Skandia’s Danish activities (DK) by Livförsäkringsbolaget Skandia (SE) to AP Pension (DK) — Amount not disclosed

Carnegie acted as exclusive financial adviser to Skandia in the divestment of all its Danish activities to AP Pension. Skandia is the 7th largest commercial life insurance company in Denmark with approx. DKK 32 billion in assets under management and 118,000 customers. January 2019.