Enhanced Investments - Financial Portal

Appointment Of Chief Executive - Standard Bank Namibia Limited

Published: 2023-09-13 11:05:25 ET

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
that the board tenure for the following directors has been extended to 31 December 2023:

1.     Mr. Herbert Maier - Independent Non-Executive Director;
2.     Ms. Natasha Bassingthwaighte - Independent Non-Executive Director.

The extension is in line with the Company’s transitionary board succession plan and to further ensure
sufficient handover to the new Board members.

Noteholders are further informed of the retirement of Ms. Birgit Rossouw as Independent Non-
Executive Director effective 30 September 2023.


By order of the Board

13 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

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

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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.
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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.