Standard Bank Namibia Limited Incorporated in the Republic of Namibia Registration number: 78/01799 (“The Company”) Issuer code: SBN02 ISIN no.: ZAG000178419 Issuer code: SBN03 ISIN no.: ZAG000178427 Appointment Of Chief Executive In accordance with rule 6.39 of the JSE Debt Listings Requirements, Noteholders are hereby advised of the appointment of Mr. Erwin Tjipuka as Chief Executive of SBN Holdings Limited and Standard Bank Namibia Limited with effect 1 October 2023. Mr. Tjipuka is a Namibian Chartered Accountant and an experienced professional with a demonstrated history of working in the professional and financial services industries. Skilled in Financial Management, External Audit, Corporate Finance, Management Consulting and Banking. He is a transformational leader with a passion for talent development. He holds directorships in various Namibian companies. We welcome Mr. Tjipuka to the Company and wish him every success in the role. The appointment will be ratified by the Shareholders at the next Annual General Meeting of the Company. By order of the Board 4 September 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 Limited