NIB - Nordic Investment Bank

08/14/2026 | Press release | Distributed by Public on 08/14/2026 09:43

Amendment to Annual Report by Foreign Governmen/Political Subdivision (Form 18-K/A)

Exhibit X

Consent of Independent Auditors

The Board of Directors

Nordic Investment Bank

We consent to the incorporation by reference in the registration statement (No. 333-250159) on Schedule B of Nordic Investment Bank of our report dated 13 August 2026, with respect to the statement of financial position of Nordic Investment Bank as of 30 June 2026 and the related statement of comprehensive income, statement of changes in equity and cash flow statement for the six-month period then ended, and a summary of significant accounting policies and other explanatory notes to the interim financial statements, which report appears in this Amendment No. 2 to the 31 December 2025 Annual Report on Form 18-K/A.

/s/ Jukka Paunonen

/s/ Peter Sott

Jukka Paunonen Peter Sott
Authorized Public Accountant (KHT) Authorized Public Accountant
PricewaterhouseCoopers Oy Öhrlings PricewaterhouseCoopers AB
Itämerentori 2 Torsgatan 21
FI-00101 Helsinki, Finland SE-113 97 Stockholm, Sweden

14 August 2026

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