Auditor’s Review Report on PostNord AB’s Sustainability Report

Translation of the auditor’s report in Swedish

To the readers of the PostNord AB’s Sustainability Report

Introduction

We have been engaged by the Board of Directors of the PostNord AB to review PostNord AB’s Sustainability Report for the year 2013. PostNord has defined the scope of the Sustainability Report on page 42.

Board of Director and Group Management responsibility for the Sustainability Report

The Board of Directors and Group Management are responsible for ongoing activities regarding the environment, health & safety, quality, social responsibility and sustainable development, and for the preparation and presentation of the Sustainability Report in accordance with the applicable criteria , which are set forth on page 42 of the Sustainability Report and are comprised of the portions of The Global Reporting Initiative (GRI) Sustainability Reporting Guidelines G3 that are applicable to sustainability reporting as well as the company’s own accounting and calculation principles.

Auditor responsibility

Our responsibility is to express a conclusion on the Sustainability Report based on our review.

We have performed our review in accordance with RevR 6 Assurance of Sustainability Reports issued by FAR. A review consists of making inquiries, primarily of persons responsible for the preparation of the Sustainability Report, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with IAASB’s Standards on Auditing and Quality Control and other generally accepted auditing standards in Sweden. The procedures performed consequently do not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

The criteria on which our review are based are the parts of the Sustainability Reporting Guidelines G3, published by The Global Reporting Initiative (GRI), which are applicable to the Sustainability Report, as well as the accounting and calculation principles that the Company has developed and disclosed. These are presented on pages 66–68. We consider these criteria suitable for the preparation of the Sustainability Report.

We consider that the evidence we obtained during our review is sufficient and appropriate as a basis for our conclusion below.

Conclusion

Based on our review, nothing has come to our attention that causes us to believe that the information in the PostNord AB’s Sustainability Report has not, in all material respects, been prepared in accordance with the above stated criteria.

Stockholm, February 28, 2014

KPMG AB

Helene Willberg Torbjörn Westman

Authorized Public Accountant Specialist Member of FAR