NEDBANK GROUP LIMITED - Full Capital Redemption

Full Capital Redemption

NEDBANK GROUP LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1966/010630/06
JSE Alpha Code: NEDI
(‘Nedbank Group’ or the ‘Issuer’)

Full Capital Redemption – NGL05

In accordance with the provisions of the terms and conditions of Nedbank Group’s unsecured subordinated
notes in terms of its Domestic Medium-Term Note Programme and sections D3 and D4 (‘Issuer Early
Redemption Election’) of the NGL05 Pricing Supplement dated 23 July 2018, investors are herewith advised of
the early full capital redemption of NGL05 effective 26 July 2023.

In accordance with the terms and conditions, the Registrar of Banks (Relevant Authority) has granted written
approval for the Issuer Early Redemption Election of the NGL05 notes exercised by Nedbank Group.

JSE Code        ISIN                Capital redemption          Amount                Record date
                                    amount                      outstanding after
                                                                capital redemption
NGL05           ZAG000152687        R1 507,000,000.00           R0.00                 Tuesday, 25 July
                                                                                      2023


12 June 2023

Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 12-06-2023 09:22:00
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