STANDARD BANK GROUP LIMITED - Board Succession In Respect Of The Chairman Of The Group Audit Committee

Board Succession In Respect Of The Chairman Of The Group Audit Committee

Standard Bank Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1969/017128/06)
JSE share code: SBK
NSX share code: SNB
ISIN: ZAE000109815
("Standard Bank Group" or "the Group")

BOARD SUCCESSION IN RESPECT OF THE CHAIRMAN OF THE GROUP AUDIT COMMITTEE

In line with the provisions of Standard Bank Group’s Memorandum of Incorporation, Richard Dunne
will be retiring at the Group’s next annual general meeting to be held on 24 May 2018. Richard is an
independent non-executive director and chairman of the Group Audit Committee (GAC).

Upon his retirement, Richard Dunne will be succeeded by Gesina Maria Beatrix (Trix) Kennealy as
chairman of the GAC, effective from the close of the annual general meeting.

Trix Kennealy, an independent non-executive director, was appointed to the Group’s board in 2016
and is a member of the Group Audit, Group Risk and Capital Management and Remuneration
committees. She holds a BCom (Pretoria), BCom (Hons)(UJ), CA(SA) and has extensive business and
financial experience. She is also the chairman of the Accounting Standards Board and a non-executive
director of Sasol Limited.

T S Gcabashe
Chairman
Johannesburg
9 March 2018

Sponsor
The Standard Bank of South Africa Limited

Independent sponsor
Deutsche Securities (SA) (Proprietary) Limited

Namibian sponsor
Simonis Storm Securities (Proprietary) Limited

Date: 09/03/2018 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.