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