Enhanced Investments - Financial Portal

Full Capital Redemption

Published: 2023-06-12 10:22:20 ET

NEDBANK GROUP LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1966/010630/06
JSE Alpha Code: NEDI
(‘Nedbank Group’ or the ‘Issuer’)

Full Capital Redemption – NGL05

In accordance with the provisions of the terms and conditions of Nedbank Group’s unsecured subordinated
notes in terms of its Domestic Medium-Term Note Programme and sections D3 and D4 (‘Issuer Early
Redemption Election’) of the NGL05 Pricing Supplement dated 23 July 2018, investors are herewith advised of
the early full capital redemption of NGL05 effective 26 July 2023.

In accordance with the terms and conditions, the Registrar of Banks (Relevant Authority) has granted written
approval for the Issuer Early Redemption Election of the NGL05 notes exercised by Nedbank Group.

JSE Code        ISIN                Capital redemption          Amount                Record date
                                    amount                      outstanding after
                                                                capital redemption
NGL05           ZAG000152687        R1 507,000,000.00           R0.00                 Tuesday, 25 July
                                                                                      2023


12 June 2023

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

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.