NEDBANK GROUP LIMITED - Regulatory Approval for the Appointment of Jason Quinn as Group CE and Executive Director from 31 May 2024

Regulatory Approval for the Appointment of Jason Quinn as Group CE and Executive Director from 31 May 2024

NEDBANK GROUP LIMITED                            NEDBANK LIMITED
(Incorporated in the Republic of South Africa)   (Incorporated in the Republic of South Africa)
Registration number: 1966/010630/06              Registration number: 1951/000009/06
JSE share code: NED                              JSE alpha code: BINBK
NSX share code: NBK                              (Nedbank)
A2X share code: NED
ISIN: ZAE000004875
JSE alpha code: NEDI
(Nedbank Group)
(collectively, the Group)


RECEIPT OF REGULATORY APPROVAL FOR THE APPOINTMENT OF JASON QUINN AS GROUP
CHIEF EXECUTIVE AND EXECUTIVE DIRECTOR FROM 31 MAY 2024


Further to the announcement released on SENS on 22 November 2023, wherein it was advised that the
Nedbank Group and Nedbank boards of directors (the Boards) had, subject to regulatory approval,
appointed Jason Quinn as CE-designate of Nedbank Group and Nedbank, shareholders are advised
that approval has now been received from the Prudential Authority of the South African Reserve Bank
for Jason's appointment as Group Chief Executive and executive director on the Boards.


As previously advised, Jason will assume the role of Group Chief Executive on Mike Brown's planned
retirement from the Boards upon conclusion of the Nedbank Group annual general meeting, currently
scheduled for 31 May 2024.


Sandton
28 February 2024


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


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

Date: 28-02-2024 05:40:00
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