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Notification of an increase in programme amount

Published: 2024-03-13 18:18:32 ET
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NEDBANK LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1951/000009/06
JSE alpha code: BINBK
(“Nedbank”)

NOTIFICATION OF INCREASE IN PROGRAMME AMOUNT

Noteholders are advised that in line with its authority to do so in terms of the provisions of the
programme memorandum for its ZAR30,000,000,000 Structured Note Programme (“the Programme”),
the board of directors of Nedbank, on 1 March 2024, resolved to increase the maximum aggregate
outstanding principal amount of all of the notes that may be in issue under the Programme at any one
point in time from ZAR30,000,000,000 to ZAR60,000,000,000 (“the Increase in the Programme
Amount”).

The Increase in the Programme Amount is effective from 13 March 2024.

13 March 2024

Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited