NEDBANK GROUP LIMITED (Incorporated in the Republic of South Africa) Registration number: 1966/010630/06 JSE Alpha Code: NEDI LISTING OF NEW FINANCIAL INSTRUMENT The JSE Limited has granted approval for a new financial instrument listing to Nedbank Group Limited under its Domestic Medium Term Note Programme as follows: Bond code: NGL02G Authorised programme size: R40,000,000,000.00 Total amount in issue after this issuance: R23,143,000,000.00 Instrument type: Floating rate note Nominal issued: R2 074 000 000 Issue price: 100% Interest rate: 3 Month JIBAR as at 03 October 2023 plus a margin of 1.715% Trade type: Price Maturity date: 4 October 2033 Books close dates: 30 December, 30 March, 29 June and 29 September Interest payment dates: 4 January, 4 April, 4 July and 4 October Last day to register: By 17:00 on 29 December, 29 March, 28 June and 28 September Issue date: 03 October 2023 Date convention: Modified Following Interest commencement date: 3 October 2023 First interest payment date: 4 January 2024 Call date: 4 October 2028 ISIN: ZAG000199431 Additional information: Sustainability use of proceeds note Subordinated, unsecured – Tier 2 The Applicable Pricing Supplement is available on the following link: https://www.nedbank.co.za/content/dam/nedbank/site- assets/AboutUs/Investor%20Centre/Debt%20Investor/Debt%20Investor%20Programme/Pricing%20Supple ments/Subordinated%20Debt/NEDBANK%20GROUP_DMTN_SUB%20NOTE_T2_NGL02G_APS.pdf 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: Nhlanganiso Kunene Nedbank CIB +27 10 234 8620 Corporate Actions JSE +27 11 520 7000 02 October 2023 Debt Sponsor Nedbank Corporate and Investment Banking, a division of Nedbank Limited