New Financial Instrument Listing - NGT106 - 04 August 2020 NEDBANK GROUP LIMITED Reg No 1966/010630/06 Incorporated in the Republic of South Africa JSE Code: NGT106 ISIN No: ZAG000169970 New Listing of Nedbank Group Limited Floating Rate Note Callable The JSE Limited has granted a listing to NEDBANK GROUP LIMITED on the Interest Rate Market with effect from 04 August 2020 under its Domestic Medium Term Note Programme. Authorised Programme size R 25,000,000,000.00 Total Notes Outstanding R 20,907,000,000.00 (including this issuance) INSTRUMENT TYPE: PERPETUAL FLOATING RATE NOTE Bond Code NGT106 Nominal Issued R 500,000,000.00 Issue Price 100% Coupon 8.625% (3 Month JIBAR as at 30 July 2020 of 3.675% plus 495bps) Coupon Rate Indicator Floating Trade Type Price Final Maturity Date 31 December 2099 (Perpetual) Books Close Date 31 January, 30 April, 31 July, 31 October Interest Payment Date(s) 5 February, 5 May, 5 August, 5 November Last Day to Register By 17:00 on 30 January, 29 April, 30 July, 30 October Issue Date 4 August 2020 Date Convention Modified Following Interest Commencement Date 4 August 2020 First Interest Payment Date 5 November 2020 Early Redemption Date (Call) 5 August 2025 ISIN No. ZAG000169970 Additional Information Subordinate, Unsecure - First Tier Additional Terms and Conditions N/A Applicable Pricing Supplement https://www.jse.co.za/content/JSEPricingSupplementsItems/2020/NGT106% 20PricingSupplement(2)0408.pdf Securities Depository (“CSD”) and settlement will take place electronically in terms of JSE Rules. Date: 04 August 2020 Debt Sponsor: Nedbank Corporate and Investment Banking Date: 04-08-2020 09:17:00 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.