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Dealings in securities by the Nedbank Group (2005) Share Scheme Trust

Published: 2023-03-13 17:30:40 ET
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NEDBANK GROUP LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1966/010630/06
JSE share code: NED
NSX share code: NBK
ISIN: ZAE000004875
JSE alpha code: NEDI
(“Nedbank Group”)

DEALINGS IN SECURITIES BY THE NEDBANK GROUP (2005) SHARE SCHEME TRUST

In terms of paragraphs 3.63 - 3.74 of the Listings Requirements of the JSE, the following information
is disclosed in respect of dealings in shares:

Name:                                            Nedbank Group (2005) Share Scheme Trust
Class of securities:                             Nedbank Group ordinary shares

Date of transaction:                             7 March 2023
Number of shares:                                450 000
Average price per share:                         R233.0139
Lowest price per share:                          R231.17
Highest price per share:                         R237.06
Total value:                                     R104 856 255.00

Date of transaction:                             8 March 2023
Number of shares:                                680 000
Average price per share:                         R221.4161
Lowest price per share:                          R217.44
Highest price per share:                         R232.44
Total value:                                     R150 562 948.00

Date of transaction:                             9 March 2023
Number of shares:                                4 870
Average price per share:                         R224.4403
Lowest price per share:                          R223.13
Highest price per share:                         R225.00
Total value:                                     R1 093 024.26

Date of transaction:                             10 March 2023
Number of shares:                                44 295
Average price per share:                         R225.0591
Lowest price per share:                          R222.01
Highest price per share:                         R228.38
Total value:                                     R9 968 992.83

Nature of transaction:                           Purchase of shares in terms of the Nedbank Group
                                                 (2005) Share Option, Matched Share and Restricted
                                                 Share Scheme (‘Scheme’) to satisfy the obligations of
                                                 the Scheme
Nature of trade:                                 Open market
Extent of interest:                              Direct beneficial
The required written clearance for dealing in these shares has been obtained.

Sandton
13 March 2023

Sponsors to Nedbank Group in South Africa:
Merrill Lynch South Africa (Pty) Limited
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Sponsor to Nedbank Group in Namibia:
Old Mutual Investment Services (Namibia) (Pty) Ltd