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THE STANDARD BANK OF SOUTH AFRICA LIMITED (Incorporated in the Republic of South Africa) (Registration number 1962/000738/06) (“SBSA”) or (“the Company”) JSE bond code: SBKI APPOINTMENT OF AN INDEPENDENT NON-EXECUTIVE DIRECTOR In compliance with section 3.59 of the Listings Requirements of the JSE Limited and section 6.39 of the JSE Debt Listings Requirements, the Standard Bank Group board is pleased to announce the appointment of Lwazi Loyiso Bam to its board and the board of The Standard Bank of South Africa Limited as an independent non-executive director with effect from 1 November 2022. Lwazi Bam (50), B.Com (Hons)(University of KwaZulu Natal), B.Compt (UNISA), AMP (Harvard Business School), CA(SA), was the CEO for the Deloitte Africa firm, a member of the Deloitte Global Network, until 31 May 2022. He also served as a member of the Deloitte Global Executive Committee, and prior to this, he served on the Deloitte Global Board. Mr Bam remained a partner of the firm until 30 September 2022 to oversee the completion of several projects. Mr Bam previously served as a President of the Association for the Advancement of Black Accountants in Southern Africa (ABASA). He is former Chairman of the South African Institute of Chartered Accountants (SAICA), as well as former Chairman of the African Children’s Feeding Scheme (ACFS). Standard Bank Group welcomes Lwazi to the boards and looks forward to his contribution. Johannesburg 31 October 2022 JSE sponsor The Standard Bank of South Africa Limited Namibian sponsor Simonis Storm Securities (Proprietary) Limited
