NEDBANK GROUP LIMITED - Resignation of executive committee member

Resignation of executive committee member

NEDBANK GROUP LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1966/010630/06
JSE share code: NED
NSX share code: NBK
ISIN: ZAE000004875
(“Nedbank Group” or “the Group”)

NEDBANK LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1951/000009/06
JSE share code: NBKP
ISIN: ZAE000043667
(“Nedbank”)

RESIGNATION OF EXECUTIVE COMMITTEE MEMBER

Nedbank Group regrets to announce the resignation of Mr Thulani Sibeko as Group
Executive: Group Marketing, Communications and Corporate Affairs with effect from 27
June 2017 to pursue another career opportunity. Mr Sibeko reported to Mr Mfundo Nkuhlu,
the Chief Operating Officer, who in addition to his current responsibilities will oversee this
role until a permanent replacement is announced.

Chief Executive, Mike Brown commented: ‘We thank Thulani for his valuable contribution in
shaping the marketing and communication strategy for Nedbank, and repositioning the brand
in the market. He was a respected member of the bank’s leadership team and we wish him
well in his future endeavours.’

Sandton
27 June 2017

Sponsors to Nedbank Group in South Africa:
Merrill Lynch South Africa (Pty) Limited
Nedbank CIB

Sponsor to Nedbank Group in Namibia:
Old Mutual Investment Services (Namibia) (Pty) Ltd
Sponsors to Nedbank Limited:
Investec Bank Limited
Nedbank Corporate and Investment Banking

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