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 – NGL07 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 NGL07 Pricing Supplement dated 4 April 2019, investors are herewith advised of the early full capital redemption of NGL07 effective Tuesday, 9 April 2024. In accordance with the terms and conditions, the Registrar of Banks (Relevant Authority) has granted written approval for the Issuer Early Redemption Election of the NGL07 notes exercised by Nedbank Group. JSE Code ISIN Capital redemption Amount Record date amount outstanding after capital redemption NGL07 ZAG000158254 R2 500,000,000.00 R0.00 Monday, 8 April 2024 4 March 2024 Debt Sponsor Nedbank Corporate and Investment Banking, a division of Nedbank Limited