NEDBANK GROUP LIMITED - Disclosure of Beneficial Interests in Securities

Disclosure of Beneficial Interests in Securities

NEDBANK GROUP LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1966/010630/06
JSE share code: NED
NSX share code: NBK
A2X share code: NED
ISIN: ZAE000004875
JSE alpha code: NEDI
(Nedbank Group)

DISCLOSURE OF BENEFICIAL INTERESTS IN SECURITIES

In accordance with section 122(3)(b) of the Companies Act (Act No. 71 of 2008) and paragraph 6.54 of
the JSE Listings Requirements, shareholders are hereby advised that Nedbank Group has received
formal notification that Lazard Asset Management LLC (Lazard) have, in aggregate, acquired an
interest in the ordinary shares of Nedbank Group, such that the total interest in the ordinary shares of
Nedbank Group held by Lazard now amounts to 5.016% of the total issued ordinary shares of Nedbank
Group.

The board of Nedbank Group (Board) accepts responsibility for the information contained in this
announcement and confirms that, to the best of its knowledge and belief, such information is true and
that this announcement does not omit anything likely to affect the importance of such information
included. The Board has relied on the information contained in the notification received from Lazard
and on the responses provided by Lazard to subsequent enquiries made by Nedbank Group in relation
to that information.

Nedbank Group has filed the required notice with the Takeover Regulation Panel.


Sandton

2 October 2026

Sponsor to Nedbank Group in South Africa
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Sponsor to Nedbank Group in Namibia
Old Mutual Investment Services (Namibia) (Pty) Ltd

Date: 02/10/2026 03:30:00
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