Nedbank Group Executive leadership appointments 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 GROUP EXECUTIVE LEADERSHIP APPOINTMENTS Nedbank Group is pleased to announce the following appointments to its Group Executive Committee (‘Group Exco’). Khensani Nobanda (39) has been appointed as the Group Executive for Group Marketing and Corporate Affairs with effect from 15 May 2018. Deborah Fuller (45) has been appointed as the Group Executive for Human Resources with effect from 25 June 2018 following the early retirement of Abe Thebyane on 31 March 2018. Khensani obtained her BCom in 1999 from Wits (majoring in marketing and information systems) and her MBA in 2013 from GIBS. She joined Nedbank in September 2017 as Executive Head of Group Marketing and now assumes the role of the Group Executive for Group Marketing and Corporate Affairs following the resignation of Thulani Sibeko in 2017. She was previously Executive Head of Department for post-paid mass and high value segment marketing at Vodacom and held senior roles in marketing at South African Breweries and Unilever. Deborah obtained a Bachelor of Social Sciences degree from Rhodes University in 1993. She has extensive HR experience both in South Africa and globally in large corporates, specialising in strategic HR leadership, leadership development and talent management, employee engagement, diversity and inclusion, and building high performance HR teams. She was previously Cluster Head (Managing Director) for HR: Retail and Business Banking for Barclays Africa Group Limited, and Head of HR for Group Enabling Functions for Standard Bank Group Limited. Prior to that she held several senior HR roles at General Electric in the United Kingdom. Mike Brown, Chief Executive, and the rest of the Group Exco look forward to working with Khensani and Deborah. Sandton 15 May 2018 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 Date: 15/05/2018 02:00:00 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.