NEDBANK GROUP LIMITED - Pillar 3 Capital Adequacy, Leverage and Liquidity Disclosures At 31 December 2024

Pillar 3 Capital Adequacy, Leverage and Liquidity Disclosures At 31 December 2024

Nedbank Group Limited                                    Nedbank Limited
(Incorporated in the Republic of South Africa)           (Incorporated in the Republic of South Africa)
Registration number: 1966/010630/06                      Registration No. 1951/000009/06
JSE share code: NED                                      JSE alpha code: BINBK
NSX share code: NBK
A2X share code: NED
ISIN: ZAE000004875
JSE alpha code: NEDI
('Nedbank Group' or 'the group')


PILLAR 3 CAPITAL ADEQUACY, LEVERAGE AND LIQUIDITY DISCLOSURES AT 31 DECEMBER
2024


Shareholders and noteholders are advised that Nedbank Group and Nedbank Limited have released
their Pillar 3 Risk and Capital Management Report for the financial year ended 31 December 2024, as
required by regulation 43 of the regulations relating to banks, issued in terms of the Banks Act, 94 of
1990. This report is available on the group's website:
https://group.nedbank.co.za/explore-investor-relations/results-and-reports.html


At 31 December 2024, Nedbank Group reported a CET1 capital adequacy ratio, including
unappropriated profits of 13,3% (Dec 2023: 13,5%) well above the top end of the board-approved target
range of 11,0% to 12,0%, a Liquidity Coverage Ratio of 135,2% (Dec 2023: 134,6%) and a Net Stable
Funding Ratio of 116,0% (Dec 2023: 117,3%).


The disclosures have not been audited nor reviewed by the group's joint external auditors.


Sandton
4 March 2025


Sponsor to Nedbank Group in South Africa:
Nedbank Corporate and investment Banking, a division of Nedbank Limited


Sponsor to Nedbank Group in Namibia:
Old Mutual Investment Services (Namibia) (Pty) Ltd


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

Date: 04-03-2025 05:00:00
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