NEDBANK LIMITED - NN477 - Listing of New Financial Instrument

NN477 - Listing of New Financial Instrument

NEDBANK LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1951/000009/06
JSE Alpha Code: BINBK

Listing of New Financial Instrument

The JSE Limited has granted approval for a new financial instrument listing to Nedbank Limited under its
Structured Note Programme dated 8 February 2019 as follows:


New instrument:                               NN477
Authorised programme size:                    R60,000,000,000.00
Total amount in issue after this issuance:    R51,919,200,020
Instrument type:                              Credit linked and combined floating/fixed rate notes
Nominal issued:                               R75,000,000.00
Issue date:                                   10 November 2025
Issue price:                                  100%
Date convention:                              Following business day
Trade type:                                   Yield
Maturity date:                                31 January 2040
Interest rate (floating):                     Compounded Daily Zaronia with a 5 business day lookback
                                              period without observation shift, plus a margin of 300 bps
Interest rate (fixed):                        9.41% from and including 31 January 2029 to but excluding 31
                                              January 2040
Books close dates (floating):                 21 January, 20 April, 21 July and 21 October until 31 January
                                              2029
Books close dates (fixed):                    21 January, 20 April, 21 July and 21 October until until 31
                                              January 2040
Interest payment dates (floating):            31 January, 30 April, 31 July and 31 October until 31 January
                                              2029
Interest payment dates (fixed):               31 January, 30 April, 31 July and 31 October of each year until
                                              the Maturity Date
Last day to register (floating):              By 17:00 on 20 January, 19 April, 20 July and 20 October until
                                              31 January 2029
Last date to register (fixed):                By 17:00 on 20 January, 19 April, 20 July and 20 October until
                                              until 31 January 2040
Interest commencement date (floating):        10 November 2025
Interest commencement date (fixed):           31 January 2029
First interest payment date (floating):       31 January 2026
First interest payment date (fixed):          30 April 2029
ISIN:                                         ZAG000220849
Additional information:                       Senior, unsecured

The Applicable Pricing Supplement is available at: https://group.nedbank.co.za/explore-investor-
relations/debt-investors.html

The notes relating to the new financial instrument will be dematerialised in the Central Securities Depository
("CSD") and settlement will take place electronically in terms of JSE Rules. For further information on the Note
please contact:

6 November 2025

Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 06-11-2025 04:50:00
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.