Nedbank Group Limited Nedbank Limited (Incorporated in the Republic of South Africa) (Incorporated in the Republic of South Africa) Registration number: 1966/010630/06 Registration No. 1951/000009/06 JSE share code: NED JSE alpha code: BINBK NSX share code: NBK A2X share code: NED ISIN: ZAE000004875 JSE alpha code: NEDI (‘Nedbank Group’ or ‘the group’) PILLAR 3 CAPITAL ADEQUACY, LEVERAGE AND LIQUIDITY DISCLOSURES AT 30 JUNE 2023 Shareholders and noteholders are advised that Nedbank Group and Nedbank Limited have released their Pillar 3 Risk and Capital Management Report for the six months ended 30 June 2023, as required by regulation 43 of the regulations relating to banks, issued in terms of the Banks Act, 94 of 1990. This report is available on the group's website: https://www.nedbank.co.za/content/nedbank/desktop/gt/en/investor-relations/information-hub/capital- and-risk-management-reports.html. At 30 June 2023, Nedbank Group reported a CET1 capital adequacy ratio of 13,3% (Dec 2022: 14,0%; June 2022: 13,5%) well above the top end of the board-approved target range of 11,0% to 12,0%, a Liquidity Coverage Ratio of 143,3% (Dec 2022: 160,5%, June 2022: 143,5%) and a Net Stable Funding Ratio of 118,9% (Dec 2022: 119,1%, June 2022: 120,3%). The disclosures have not been audited nor reviewed by the group’s joint external auditors. Sandton 14 September 2023 Sponsors to Nedbank Group in South Africa: Nedbank Corporate and investment Banking, a division of Nedbank Limited Merrill Lynch SA Proprietary Limited t/a BofA Securities Sponsor to Nedbank Group in Namibia: Old Mutual Investment Services (Namibia) (Pty) Ltd Debt Sponsor to Nedbank Limited: Nedbank Corporate and Investment Banking, a division of Nedbank Limited