NEW DEVELOPMENT BANK - New Development Bank Appointment of Director

New Development Bank Appointment of Director

New Development Bank
(Established by the Articles of Agreement on the New Development Bank – Fortaleza, July 15, 2014)
Issuer Code: NDBI
(the "Issuer")

New Development Bank Appointment of Director

In accordance with paragraph 6.42 of the JSE Limited Debt and Specialist Securities Listings Requirements,
noteholders are hereby advised of the appointment of Mr. Solomon Arokiaraj as Director of the New
Development Bank replacing Ms. Manisha Sinha with effect from 16 May 2025.

The appointment is in accordance with the Articles of Agreement of the Issuer and were made pursuant to
the policy dealing with the nomination of directors of the Issuer.

Johannesburg
19 May 2025

Debt Sponsor
The Standard Bank of South Africa Limited

Date: 19-05-2025 07:05:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.