NEDBANK GROUP LIMITED - Pillar 3 Risk and Capital Management Report for the Quarter ended 31 March 2022

Pillar 3 Risk and Capital Management Report for the Quarter ended 31 March 2022

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’)
(collectively the ‘group’)

PILLAR 3 RISK AND CAPITAL MANAGEMENT REPORT FOR THE QUARTER ENDED 31 MARCH
2022

Shareholders and noteholders are advised that the Nedbank Group and Nedbank Limited Pillar 3 Risk
and Capital Management Report for the quarter ended 31 March 2022, is available on the group’s
website:
https://www.nedbank.co.za/content/nedbank/desktop/gt/en/investor-relations/information-hub/capital-
and-risk-management-reports.html.

At 31 March 2022, Nedbank Group reported a CET1 capital adequacy ratio, including unappropriated
profits, of 12,7% (March 2021: 11,3% and December 2021: 12,8%), above the upper end of our board-
approved target range of 11% to 12%, a Liquidity Coverage Ratio of 134,3% (March 2021: 128,4% and
December 2021: 128,1%) and a Net Stable Funding Ratio of 118,3% (March 2021: 112,2% and
December 2021: 116,1%).

These disclosures have not been audited or reviewed by the group’s joint external auditors.

Sandton
27 May 2022

Sponsors to Nedbank Group in South Africa:
Nedbank Corporate and investment Banking, a division of Nedbank Limited
Merrill Lynch SA Proprietary Limited t/a BofA Securities

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: 27-05-2022 08:16:00
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