Bank of Sweden Tercentenary Foundation

“Board of directors review all decisions made”

“Return reviewed by board members prior to filing”

“All salaries reviewed by board directors”

“AVAILABLE UPON REQUEST”

“Net unrealized gain(loss) and exch. Rate conversion changes = -$35086776”

“SUPPLEMENTAL INFORMATION STMT #1: The Foundation's Board of Directors rule on grants. Before they reach the Board, the applications for grants are vetted and evaluated by one or, frequently, more preparatory committees. Board members and deputy members plus external scientific experts serve on these committees. As a rule, applications are also evaluated by one or more experts in Sweden or abroad.Each application is primarily evaluated on the basis of international standards and on intra- and extra-scientific criteria. Two main questions are asked before a ruling is made:1. Does is represent high-level scientific research?2. Is this research important to society?Ruling on grants for new projects are made in two stages.In the first stage, assessments are based on project outlines. The committees then select the project outlines deemed to display the greatest scientific merit and interest to the Foundation and which are to be conducted by scientists judged to be qualified and suitable for the project in question. These scientists are then given an opportunity to submit complete applications. Other project outlines are rejected.In the second stage, complete applications are evaluated (usually after vetting by an external expert) prior to a final ruling by the Board.Applications on research whose ethics are open to question are evaluated according to the same standards and in the same way as in state research councils.In certain fields, regarded as important but inadequately financed, the Foundation sometimes appoints special sector committees. The task of these committees is to ascertain research need, encourage scientific research, and promote the exchange of information.”

“SUPPLEMENTAL INFORMATION STMT #2:This Form 990 has been prepared to report the world-wide operations of Bank of Sweden Tercentenary Foundation. Bank of Sweden Tercentenary Foundation has not been separately incorporated in the U.S. The Foundation's only direct contact with the United States is through investments in u.s. stocks. The following is a summary of 2024 U.S. investments activity. Summary Statment of U.S. Activity in U.S. Dollars: 2024 ----Realized gain (loss) from the sale of U.S. stocks/ADR shares $ 26,620.055U.S. Stock & ADR/GDR SHARE Dividends in U.S. Dollars $ 4,798,744 Further breakdown of U.S. investments and activities is available upon request.”

“SUPPLEMENTAL INFORMATION STMT #3:PART VIII, LINE 6(a)-6(d):There is no U.S. owned real estate for 2024. However, any U.S. owned real estate, if any shown, is nondebt financed property, though some realty holdings in other countries are subject to mortgages.”