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STANDARD BANK GROUP LIMITED - Trading statement for the year ended 31 December 2022

Release Date: 22/02/2023 08:06
Wrap Text
Trading statement for the year ended 31 December 2022

Standard Bank Group Limited
Registration No. 1969/017128/06
Incorporated in the Republic of South Africa
Website: www.standardbank.com/reporting

Share codes
JSE and A2X share code: SBK
ISIN: ZAE000109815
NSX share code: SNB
SBKP ZAE000038881 (First preference shares)
SBPP ZAE000056339 (Second preference shares)
JSE bond code: SBKI
(“Standard Bank” or “the group”)

Trading statement update for the year ended 31 December 2022

Standard Bank is currently in the process of finalising the group’s results for the year ended
31 December 2022 (FY22). The strong momentum referred to in the announcement on 28
November 2022 supported the group’s FY22 performance. The impact of the sovereign debt
challenges in Ghana were more than offset by strong performances across the rest of the
group’s franchise.

In accordance with section 3.4(b) of the Listings Requirements of the JSE Limited,
shareholders are advised that Standard Bank is satisfied that a reasonable degree of certainty
exists with regards to the group’s financial results for FY22. The group’s headline earnings
per share (HEPS) and earnings per share (EPS) for FY22 are expected to be higher than the
reported HEPS and EPS for the year ended 31 December 2021 (FY21), translating into:

                    FY21                 Range                         FY22 range
 HEPS              1 573.0      30% - 35% higher than FY21         2 044.9     2 123.6
 EPS               1 563.2      32% - 37% higher than FY21         2 063.4     2 141.6

FY22 Results

Standard Bank will release results for FY22 on 9 March 2023. Details regarding the
presentation are available on the group’s Investor Relations website -
https://reporting.standardbank.com/

Shareholders are advised that the information contained in this announcement has not been
reviewed or reported on by the group’s auditors.

Queries:
Investor Relations
Sarah Rivett-Carnac
Email: sarah.rivett-carnac@standardbank.co.za

Johannesburg
22 February 2023

JSE Sponsor
The Standard Bank of South Africa Limited

Namibian sponsor
Simonis Storm Securities (Proprietary) Limited

Date: 22-02-2023 08:06:00
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