NEDBANK GROUP LIMITED (Incorporated in the Republic of South Africa) Registration number 1966/010630/06 JSE Alpha Code: NEDI (‘Nedbank Group’ or the ‘Issuer’) Full Capital Redemption – NGT103 In accordance with the provisions of the terms and conditions of Nedbank Group’s unsecured subordinated notes in terms of its Domestic Medium-Term Note Programme and sections D3 and D4 (‘Issuer Early Redemption Election’) of the NGT103 Pricing Supplement dated 19 March 2019, investors are herewith advised of the early full capital redemption of NGT103 effective Monday, 25 March 2024. In accordance with the terms and conditions, the South African Registrar of Banks (Relevant Authority) has granted written approval for the Issuer Early Redemption Election of the NGT103 notes exercised by Nedbank Group. JSE Code ISIN Capital redemption Amount Record date amount outstanding after capital redemption NGT103 ZAG000157678 R671,000,000.00 R0.00 Friday, 22 March 2024 19 February 2024 Debt Sponsor Nedbank Corporate and Investment Banking, a division of Nedbank Limited