Enhanced Investments - Financial Portal

Pillar 3 Capital Adequacy, Leverage and Liquidity Disclosures at 31 December 2023

Published: 2024-04-05 18:00:40 ET

Nedbank Group Limited                                    Nedbank Limited
(Incorporated in the Republic of South Africa)           (Incorporated in the Republic of South Africa)
Registration number: 1966/010630/06                      Registration No. 1951/000009/06
JSE share code: NED                                      JSE alpha code: BINBK
NSX share code: NBK
A2X share code: NED
ISIN: ZAE000004875
JSE alpha code: NEDI
(‘Nedbank Group’ or ‘the group’)


PILLAR 3 CAPITAL ADEQUACY, LEVERAGE AND LIQUIDITY DISCLOSURES AT 31 DECEMBER
2023


Shareholders and noteholders are advised that Nedbank Group and Nedbank Limited have released
their Pillar 3 Risk and Capital Management Report for the financial year ended 31 December 2023, as
required by regulation 43 of the regulations relating to banks, issued in terms of the Banks Act, 94 of
1990. This report is available on the group's website:
https://www.nedbank.co.za/content/nedbank/desktop/gt/en/investor-relations/information-hub/capital-
and-risk-management-reports.html.


At 31 December 2023, Nedbank Group reported a CET1 capital adequacy ratio of 13,5% (Dec 2022:
14,0%) well above the top end of the board-approved target range of 11,0% to 12,0%, a Liquidity
Coverage Ratio of 134.6% (Dec 2022: 160,5%) and a Net Stable Funding Ratio of 117,3% (Dec 2022:
119,1%).


The disclosures have not been audited nor reviewed by the group’s joint external auditors.


Sandton
5 April 2024


Sponsors to Nedbank Group in South Africa:
Nedbank Corporate and investment Banking, a division of Nedbank Limited
Merrill Lynch SA Proprietary Limited t/a BofA Securities


Sponsor to Nedbank Group in Namibia:
Old Mutual Investment Services (Namibia) (Pty) Ltd


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

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.