Enhanced Investments - Financial Portal

SBN-Extension of Charmain's Tenure

Published: 2023-12-27 14:02:21 ET

SBN Holdings Limited
(Incorporated in the Republic of Namibia)
(Registration number: 2006/306)
(“SBN Holdings” or “the Group”)
Bond Codes:
SBN02: ZAG000178419
SBN03: ZAG000178427

EXTENSION OF CHAIRMAN’S TENURE

We refer to the SENS issued on 12 September 2023 in relation to the extension of tenure of the
Chairman of the Board of directors of the organisation until 31 December 2023.

In accordance with paragraph 6.39 of the JSE Debt Listings Requirements, Noteholders are hereby
advised that because of regulatory processes that must still be finalized in relation to the appointment
of a new Chairman for the organization, the tenure of Mr. Herbert Maier as a director and Chairman on
the board of SBN Holdings Limited and Standard Bank Namibia is herewith extended until further notice.



By order of the Board
27 December 2023


Registered Office
Standard Bank Namibia Limited
1, Chasie Street, Kleine Kuppe, Windhoek
P.O. Box 3327, Windhoek, Namibia


Debt Sponsor
Standard Ban of South Africa Limited

Enhanced Investments, Inc.
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.