Enhanced Investments - Financial Portal

Nedbank Group – Changes to Board Committees

Published: 2023-10-30 17:30:41 ET

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 number: 1951/000009/06
JSE share code: NED                              JSE alpha code: BINBK
NSX share code: NBK                              (Nedbank)
A2X share code: NED
ISIN: ZAE000004875
JSE alpha code: NEDI
(Nedbank Group)
(collectively ‘the Group’)


NEDBANK GROUP – CHANGES TO BOARD COMMITTEES


Shareholders are hereby notified of the following changes to Nedbank Group Board Committees:


•   Phumzile Langeni has been appointed as a member of the Group Remuneration Committee with
    immediate effect.
•   Rob Leith has been appointed as Chairperson of the Group IT Committee and a member of the
    Group Directors’ Affairs Committee with immediate effect. This follows the resignation of Mteto
    Nyati (previously Chairperson of the Group IT Committee) from the Nedbank Group Board on 9
    October 2023.
•   Rob Leith will step down as a member of the Group Remuneration Committee on conclusion of the
    current remuneration cycle, being 31 March 2024.


The board of directors look forward to Phumzile and Rob’s continued contribution to Nedbank Group in
these new roles.




Sandton
30 October 2023


Sponsors to Nedbank Group in South Africa:
Merrill Lynch South Africa (Pty) Limited t/a BofA Securities
Nedbank Corporate and Investment Banking, a division of Nedbank Limited


Sponsor to Nedbank Group in Namibia:
Old Mutual Investment Services (Namibia) (Pty) Ltd


Debt Sponsor to Nedbank in South Africa:
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

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

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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.