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 code:                         NN238
Authorised programme size:                   R30,000,000,000.00
Total amount in issue after this issuance:   R20,495,426,580.00
Instrument type:                             Combined floating, fixed rate and credit linked
Nominal issued:                              R30,000,000.00
Issue price:                                 100%
Coupon (Floating):                           Margin of 19.10% minus 3-month JIBAR as at 2 August 2023
Coupon (Fixed):                              8.60% for the period from and including 31 July 2026 to, but
                                             excluding, 31 January 2030
Trade type:                                  Price
Final maturity date:                         31 January 2030
Books close dates (Floating):                21 October, 21 January, 20 April and 21 July until 31 July 2026
Books close dates (Fixed):                   21 July and 21 January from 31 July 2026 until 31 January 2030
Interest payment dates (Floating):           31 October, 31 January, 30 April and 31 July of each year until
                                             31 July 2026
Interest payment dates (Fixed):              31 July and 31 January of each year until the 31 March 2030
Last day to register (Floating):             By 17h00 on 20 October, 20 January, 19 April and 20 July of
                                             each year until 31 July 2026
Last day to register (Fixed):                By 17h00 on 20 July and 20 January of each year from 31 July
                                             2026 until 31 January 2030
Issue date:                                  2 August 2023
Date convention:                             Following business day
Interest commencement date (Floating):       2 August 2023
Interest commencement date (Fixed):          31 July 2026
First interest payment date (Floating):      31 October 2023
First interest payment date (Fixed):         31 January 2027
ISIN:                                        ZAG000198003
Additional information:                      Senior, unsecured


The Applicable Pricing Supplement is available at: www.jse.co.za

The note relating to the new financial instrument (“Note”) 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 issue please contact:

Corporate Actions JSE                        +27 11 5207000

1 August 2023

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