STANDARD BANK GROUP LIMITED - Appointment of an independent non-executive director

Appointment of an independent non-executive director

STANDARD BANK GROUP LIMITED
Registration number 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)

(“Standard Bank Group” or “the Group”)

APPOINTMENT OF AN INDEPENDENT NON-EXECUTIVE DIRECTOR

In compliance with section 3.59 of the Listings Requirements of the JSE Limited and section 6.39 of the
JSE Debt Listings Requirements, the Standard Bank Group board is pleased to announce the
appointment of Lwazi Loyiso Bam to its board and the board of The Standard Bank of South Africa
Limited as an independent non-executive director with effect from 1 November 2022.

Lwazi Bam (50), B.Com (Hons)(University of KwaZulu Natal), B.Compt (UNISA), AMP (Harvard Business
School), CA(SA), was the CEO for the Deloitte Africa firm, a member of the Deloitte Global Network, until
31 May 2022. He also served as a member of the Deloitte Global Executive Committee, and prior to this,
he served on the Deloitte Global Board.

Mr Bam remained a partner of the firm until 30 September 2022 to oversee the completion of several
projects.

Mr Bam previously served as a President of the Association for the Advancement of Black Accountants
in Southern Africa (ABASA). He is former Chairman of the South African Institute of Chartered
Accountants (SAICA), as well as former Chairman of the African Children’s Feeding Scheme (ACFS).

Standard Bank Group welcomes Lwazi to the boards and looks forward to his contribution.

Johannesburg
31 October 2022

JSE sponsor
The Standard Bank of South Africa Limited

Namibian sponsor
Simonis Storm Securities (Proprietary) Limited

Date: 31-10-2022 05:50:00
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