NEDBANK GROUP LIMITED - Change to the boards of directors

Change to the boards of directors

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’)

NEDBANK GROUP LIMITED AND NEDBANK LIMITED – CHANGE TO THE BOARDS OF
DIRECTORS

The boards of Nedbank Group and Nedbank (the Companies) advise that Mr Peter Moyo has
tendered his resignation as a non-executive director of the Companies with effect from 19 March
2020.

Nedbank Group Chairman, Vassi Naidoo, thanked Peter for his contribution to the group since his
appointment in 2018 in terms of the relationship agreement between Old Mutual Limited and Nedbank
Group Limited which provides for Old Mutual Limited to nominate one director to the boards of the
Companies for as long as OML’s shareholding is equal to or greater than 15% in Nedbank Group.

Sandton
20 March 2020

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: 20-03-2020 08:00:00
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