NEW DEVELOPMENT BANK - NDB- Appointment of President

NDB- Appointment of President

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 President

In accordance with paragraph 6.39 of the JSE Debt Listings Requirements, noteholders are hereby
advised of the appointment of Mr. Lan Fo'an as a Governor of New Development Bank following the
resignation of Mr. Kun Liu with effect from 30 January 2024.

Johannesburg
31 January 2024

Debt Sponsor
The Standard Bank of South Africa Limited

Date: 31-01-2024 10:44:00
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