NEDBANK GROUP LIMITED - Pillar 3 Risk and Capital Management Report for the Quarter ended 30 September 2024

Pillar 3 Risk and Capital Management Report for the Quarter ended 30 September 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 No. 1951/000009/06
JSE share code: NED                                      JSE alpha code: BINBK
NSX share code: NBK
A2X share code: NED
ISIN: ZAE000004875
JSE alpha code: NEDI
('Nedbank Group')
(collectively the 'group')


PILLAR 3 RISK AND CAPITAL MANAGEMENT REPORT FOR THE QUARTER ENDED 30 SEPTEMBER 2024


Shareholders and noteholders are advised that the Nedbank Group and Nedbank Limited Pillar 3 Risk and
Capital Management Report for the quarter ended 30 September 2024, is available on the group's website:
https://www.nedbank.co.za/content/nedbank/desktop/gt/en/investor-relations/information-hub/capital-and-
risk-management-reports.html.

At 30 September 2024, Nedbank Group reported a CET1 capital adequacy ratio, including unappropriated
profits, of 12,8% (June 2024: 13,3% and September 2023: 12,9%), above the upper end of the group's
board-approved target range of 11% to 12%, reflecting the benefit of ongoing strong earnings growth, offset
by the group's interim 2024 dividend.

Liquidity metrics remained strong. At 30 September 2024, the group's Liquidity Coverage Ratio (LCR) was
129,0% (June 2024: 127,4% and September 2023: 143,4%) and Net Stable Funding Ratio (NSFR) was
117,3% (30 June 2024: 113,6% and 3 September 2023: 115,1%).

These disclosures have not been audited nor reviewed by the group's joint external auditors.


Sandton
22 November 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 Limited:
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 22-11-2024 09:00:00
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