Enhanced Investments - Financial Portal

NN448 - Listing of New Financial Instrument

Published: 2025-08-22 09:30:28 ET

NEDBANK LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1951/000009/06
JSE Alpha Code: BINBK

Listing of New Financial Instrument

The JSE Limited has granted approval for a new financial instrument listing to Nedbank Limited under its
Structured Note Programme dated 8 February 2019 as follows:

New instrument:                               NN448
Authorised programme size:                    R60,000,000,000.00
Total amount in issue after this issuance:    R48,223,126,018.00
Instrument type:                              Credit linked and combined floating/fixed rate notes
Nominal issued:                               R100,000,000.00
Issue date:                                   26 August 2025
Issue price:                                  100%
Date convention:                              Following business day
Trade type:                                   Yield
Maturity date:                                31 January 2030
Interest rate (floating):                     3 month JIBAR as at 26 August 2025 plus a margin of 3.00%
                                              from and including 26 August 2025 to but excluding 31 July 2028
Interest rate (fixed):                        3.13% from and including 31 July 2028 to but excluding 31
                                              January 2030
Books close dates (floating):                 21 January, 20 April, 21 July and 21 October until 31 July 2028
Books close dates (fixed):                    21 January and 21 July until 31 January 2030
Interest payment dates (floating):            31 January, 30 April, 31 July and 31 October until 31 July 2028
Interest payment dates (fixed):               31 January and 31 July until 31 January 2030
Last day to register (floating):              By 17:00 on 20 January, 19 April, 20 July and 20 October until
                                              31 July 2028
Last date to register (fixed):                By 17:00 on 20 January and 20 July until 31 January 2030
Interest commencement date (floating):        26 August 2025
Interest commencement date (fixed):           31 July 2028
First interest payment date (floating):       31 October 2025
First interest payment date (fixed):          31 January 2029
ISIN:                                         ZAG000218546
Additional information:                       Senior, unsecured

The Applicable Pricing Supplement is available at: Debt investors programme (nedbank.co.za)

The notes relating to the new financial instrument will be dematerialised in the Central Securities Depository
(“CSD”) and settlement will take place electronically in terms of JSE Rules. For further information on the Note
please contact:

22 August 2025

Debt Sponsor
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

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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.