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SBKI-Appointment of Non-Executive Director

Published: 2024-03-13 11:15:32 ET
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STANDARD BANK GROUP LIMITED
Registration number 1969/017128/06
Incorporated in the Republic of South Africa
Website: www.standardbank.com/reporting

JSE bond code: SBKI

(“Standard Bank Group” or “the Group”)

APPOINTMENT OF A NON-EXECUTIVE DIRECTOR

In compliance with section 6.39 (a) of the Debt Listings Requirements of the JSE Limited the Standard
Bank Group board is pleased to announce the appointment of Olusola (Sola) Adejoke David-Borha to its
board and that of The Standard Bank of South Africa Limited, as a non-executive director with effect from
13 March 2024. The appointment is subject to finalisation of the South African Reserve Bank Prudential
Authority’s regulatory processes.

Ms David-Borha (63) holds a BSc. (Hons) (University of Ibadan, Nigeria), MBA (University of Manchester)
and AMP (Harvard Business School). She is a non-executive director of Stanbic IBTC Holdings Plc and
will remain a non-executive director of Coca-Cola Hellenic Bottling Company, United Kingdom until May
2024.

Ms David-Borha was previously employed by the Group and served as Chief Executive Officer for Africa
Regions until her retirement in March 2021. This appointment was made in accordance with the Issuer’s
policy dealing with the nomination of directors.

The board is delighted to welcome Sola and looks forward to her contribution.

Johannesburg
13 March 2024

Debt sponsor
The Standard Bank of South Africa Limited