Standard Bank Namibia Limited Registration No. 2006/306 Registered in Namibia (“SBN Holdings Limited”) APPOINTMENT OF DIRECTOR In accordance with 6.39 of the JSE Debt Listing Requirements, noteholders are hereby advised of the appointment of Ms. Nangosora Ashley Tjipitua, as an Independent Non-Executive Director of the SBN Holdings Limited and Standard Bank Namibia Limited. Regulatory approval was obtained effective 10 March 2023. The profile of Ms. Tjipitua, is attached and the appointment will be ratified by Shareholders at the next Annual General Meeting of the Company. We welcome Ms. Tjipitua to the board of directors of the company. By order of the Board 15 March 2023 Registered Office Standard Bank Namibia Limited 1, Chasie Street, Kleine Kuppe, Windhoek P.O. Box 3327, Windhoek, Namibia Debt Sponsor The Standard Bank of South Africa Sponsor IJG Securities (Pty) Ltd Member of the NSX 4th Floor, 1@Steps c/o Grove and Chasie Street Kleine Kuppe P O Box 186, Windhoek, Namibia Registration No. 95/505