Basel III capital adequacy, leverage ratio and liquidity coverage ratio disclosure as at 30 September 2021 Standard Bank Group Limited (Incorporated in the Republic of South Africa) Registration No. 1969/017128/06 JSE and A2X share code: SBK NSX share code: SNB ISIN: ZAE000109815 SBKP ZAE000038881 (First preference shares) SBPP ZAE000056339 (Second preference shares) (“Standard Bank Group” or “the group”) Basel III capital adequacy, leverage ratio and liquidity coverage ratio disclosure as at 30 September 2021. In terms of the requirements under Regulation 43(1)(e)(iii) of the regulations relating to banks, Directive 11/2015 and Directive 1/2018 issued in terms of section 6(6) of the Banks Act (Act No. 94 of 1990), minimum disclosure on the capital adequacy of the group and its leverage ratio is required on a quarterly basis. This disclosure is in accordance with Pillar 3 of the Basel III accord. Standard Bank Group capital adequacy and leverage ratio September 2021 (Rm) Ordinary share capital and premium 18 016 Ordinary shareholders' reserves 171 176 Qualifying Common Equity Tier I non-controlling interest 8 009 Regulatory deductions against Common Equity Tier I capital (19 699) Common Equity Tier I capital 177 502 Unappropriated profit (12 180) Common Equity Tier 1 capital excl. unappropriated profit 165 322 Qualifying other equity instruments 9 328 Qualifying Tier I non-controlling interest 1 265 Tier I capital excl. unappropriated profit 175 915 Qualifying Tier II subordinated debt 21 463 General allowance for credit impairments 6 090 Tier II capital 27 553 Total regulatory capital excl. unappropriated profit 203 468 September 2021 (Rm) Credit risk 111 424 Counterparty credit risk 7 553 Equity risk in the banking book 1 995 Market risk 9 167 Operational risk 20 514 Investments in financial entities 7 025 Total minimum regulatory capital requirement 2 157 678 September 2021 Capital Adequacy Ratio (excl. unappropriated profit) Total capital adequacy ratio (%) 15.5 Tier I capital adequacy ratio (%) 13.4 Common Equity Tier I capital adequacy ratio (%) 12.6 Capital Adequacy Ratio (incl. unappropriated profit) Total capital adequacy ratio (%) 16.4 Tier I capital adequacy ratio (%) 14.3 Common Equity Tier I capital adequacy ratio (%) 13.5 Leverage ratio Tier I capital (excl. unappropriated profit) (Rm) 175 915 Tier I capital (incl. unappropriated profit) (Rm) 188 095 Total exposures (Rm) 2 340 444 Leverage ratio (excl. unappropriated profits, %) 7.5 Leverage ratio (incl. unappropriated profits, %) 8.1 Note: 1 Including unappropriated profits. 2 Measured at 12% and excludes confidential bank-specific capital requirements and the Pillar 2A buffer requirement that has been temporarily removed in response to the Covid-19 pandemic. There is currently no requirement for the countercyclical buffer add-on in South Africa or in other jurisdictions in which the group has significant exposures. The Standard Bank of South Africa Limited (SBSA) and its subsidiaries’ capital adequacy and leverage ratio September 2021 (Rm) Ordinary share capital and premium 49 313 1 Ordinary shareholders' reserves 54 686 Regulatory deductions against Common Equity Tier I capital (10 094) Common Equity Tier I capital 93 905 Unappropriated profit (8 259) Common Equity Tier 1 capital excl. unappropriated profit 85 646 Qualifying other equity instruments 8 778 Tier I capital excl. unappropriated profit 94 424 Qualifying Tier II subordinated debt 19 124 General allowance for credit impairments 3 150 Tier II capital 22 274 Total regulatory capital excl. unappropriated profit 116 698 September 2021 (Rm) Credit risk 67 784 Counterparty credit risk 5 794 Equity risk in the banking book 876 Market risk 5 638 Operational risk 12 169 Investments in financial entities 1 426 Total minimum regulatory capital requirement 2 93 687 September 2021 (Rm) Capital Adequacy Ratio (excl. unappropriated profit) Total capital adequacy ratio (%) 15.6 Tier I capital adequacy ratio (%) 12.6 Common Equity Tier I capital adequacy ratio (%) 11.4 Capital Adequacy Ratio (incl. unappropriated profit) Total capital adequacy ratio (%) 16.7 Tier I capital adequacy ratio (%) 13.7 Common Equity Tier I capital adequacy ratio (%) 12.5 Leverage ratio Tier I capital (excl. unappropriated profit) (Rm) 94 424 Tier I capital (incl. unappropriated profit) (Rm) 102 683 Total exposures (Rm) 1 784 612 Leverage ratio (excl. unappropriated profits, %) 5.3 Leverage ratio (incl. unappropriated profits, %) 5.7 Note: 1 Including unappropriated profits. 2 Measured at 12.5% and excludes any confidential bank-specific capital requirements and the Pillar 2A buffer requirement that has been temporarily removed in response to the Covid-19 pandemic. There is currently no requirement for the countercyclical buffer add-on in South Africa or in other jurisdictions in which the group has significant exposures. Liquidity Coverage Ratio (LCR) In terms of the Basel III requirements in Directive 11/2014 issued in terms of section 6(6) of the Banks Act, (Act No. 94 of 1990), banks are directed to comply with the minimum disclosure on the liquidity coverage ratio (LCR) on both a Standard Bank Group consolidated as well as SBSA Solo entity level. This disclosure is in accordance with Pillar 3 of the Basel III liquidity accord. The LCR is designed to promote short-term resilience of the 30-calendar day liquidity profile, by ensuring that banks have sufficient high quality liquid assets (HQLA) to meet potential outflows in a stressed environment. In light of the effects of Covid-19 on the South African market, the SARB has amended the minimum requirements relating to the liquidity coverage ratio (LCR) from 100% to 80% (effective 1 April 2020) to provide temporary liquidity relief to banks, in line with the intention of the Basel III LCR framework, and to promote continued provision of credit by banks. No temporary relief has been applied to the net stable funding ratio (NSFR). Standard Bank Group Consolidated SBSA Solo 30 September 2021 30 September 2021 Rm Rm Total HQLA 330 552 199 470 Net cash outflows 226 741 174 512 LCR (%) 145.8 114.3 Minimum requirement (%) 80.0 80.0 Note: 1. Only banking and/or deposit taking entities are included. The group data represents a consolidation of the relevant individual net cash outflows and the individual HQLA portfolios, where surplus HQLA holdings in excess of the minimum requirement of 80% have been excluded from the aggregated HQLA figure in the case of all Africa Regions entities. 2. The above figures reflect the simple average of 92 days of daily observations over the quarter ended 30 September 2021 for SBSA including SBSA Isle of Man branch, Stanbic Bank Ghana, Stanbic Bank Uganda, Stanbic IBTC Bank Nigeria, Standard Bank Namibia, Standard Bank Isle of Man Limited and Standard Bank Jersey Limited. The remaining Africa Regions banking entities results are based on the average of the month-end data points as at 31 July 2021, 31 August 2021 and 30 September 2021. The figures are based on the regulatory submissions to the SARB. 3. The SBSA Solo disclosure excludes foreign branches. Net Stable Funding Ratio In terms of the Basel III requirements in Directive 8/2017 issued in terms of section 6(6) of the Banks Act, (Act No. 94 of 1990), banks are directed to comply with the minimum disclosure on the net stable funding ratio (NSFR) on both a Standard Bank Group consolidated as well as SBSA Solo entity level. This disclosure is in accordance with Pillar 3 of the Basel III liquidity accord. The objective of the Basel III Net stable funding ratio (NSFR) is to promote funding stability and resilience in the banking sector by requiring banks to maintain a stable funding profile in relation to the composition of assets and off-balance sheet activities. Standard Bank Group Consolidated SBSA Solo 30 September 2021 30 September 2021 Rm Rm Available stable funding 1 371 848 930 534 Required stable funding 1 100 892 864 588 NSFR (%) 124.6 107.6 Minimum requirement (%) 100.0 100.0 The information contained in this announcement has not been reviewed and reported on by the group's external auditors. Johannesburg 23 November 2021 Lead sponsor The Standard Bank of South Africa Limited Independent sponsor JP Morgan Equities South Africa Proprietary Limited Namibian sponsor Simonis Storm Securities (Proprietary) Limited Date: 23-11-2021 09:00:00 Produced by the JSE SENS Department. 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