Standard Bank Group Limited (Incorporated in the Republic of South Africa) Registration No. 1969/017128/06 JSE and A2X share code: SBK NSX share code: SNB ISIN: ZAE000109815 SBKP ZAE000038881 (First preference shares) SBPP ZAE000056339 (Second preference shares) JSE bond code: SBKI (“Standard Bank Group” or “the group”) Basel III capital adequacy, leverage ratio, liquidity coverage ratio and net stable funding ratio disclosure as at 31 March 2022. In terms of the requirements under Regulation 43(1)(e)(iii) of the regulations relating to banks, Directive 11/2015 and Directive 1/2018 issued in terms of section 6(6) of the Banks Act (Act No. 94 of 1990), minimum disclosure on the capital adequacy of the group and its leverage ratio is required on a quarterly basis. This disclosure is in accordance with Pillar 3 of the Basel III accord. Standard Bank Group capital adequacy and leverage ratio March 2022 (Rm) Ordinary share capital and premium 27 451 1 Ordinary shareholders' reserves 167 986 Qualifying Common Equity Tier I non-controlling interest 8 355 Regulatory deductions against Common Equity Tier I capital (20 533) Common Equity Tier I capital 183 259 Unappropriated profit (12 126) Common Equity Tier 1 capital excl. unappropriated profit 171 133 Qualifying other equity instruments 8 771 Qualifying Tier I non-controlling interest 1 461 Tier I capital excl. unappropriated profit 181 365 Qualifying Tier II subordinated debt 22 822 General allowance for credit impairments 5 973 Tier II capital 28 795 Total regulatory capital excl. unappropriated profit 210 160 March 2022 (Rm) Credit risk 123 209 Counterparty credit risk 11 310 Equity risk in the banking book 2 108 Market risk 9 291 Operational risk 22 232 Investments in financial entities 8 343 Total minimum regulatory capital requirement 2 176 493 March 2022 Capital Adequacy Ratio (excl. unappropriated profit) Total capital adequacy ratio (%) 15.5 Tier I capital adequacy ratio (%) 13.4 Common Equity Tier I capital adequacy ratio (%) 12.6 Capital Adequacy Ratio (incl. unappropriated profit) Total capital adequacy ratio (%) 16.4 Tier I capital adequacy ratio (%) 14.3 Common Equity Tier I capital adequacy ratio (%) 13.5 Leverage ratio Tier I capital (excl. unappropriated profit) (Rm) 181 365 Tier I capital (incl. unappropriated profit) (Rm) 193 491 Total exposures (Rm) 2 444 141 Leverage ratio (excl. unappropriated profits, %) 7.4 Leverage ratio (incl. unappropriated profits, %) 7.9 Note: 1 Including unappropriated profits. 2 Measured at 13% and excludes confidential bank-specific capital requirements. There is currently no requirement for the countercyclical buffer add-on in South Africa or in other jurisdictions in which the group has significant exposures. The Standard Bank of South Africa Limited (SBSA) and its subsidiaries’ capital adequacy and leverage ratio March 2022 (Rm) Ordinary share capital and premium 49 313 1 Ordinary shareholders' reserves 52 143 Regulatory deductions against Common Equity Tier I capital (9 499) Common Equity Tier I capital 91 957 Unappropriated profit (2 872) Common Equity Tier 1 capital excl. unappropriated profit 89 085 Qualifying other equity instruments 8 772 Tier I capital excl. unappropriated profit 97 857 Qualifying Tier II subordinated debt 20 636 General allowance for credit impairments 2 864 Tier II capital 23 501 Total regulatory capital excl. unappropriated profit 121 357 March 2022 (Rm) Credit risk 74 993 Counterparty credit risk 9 027 Equity risk in the banking book 974 Market risk 5 659 Operational risk 13 120 Investments in financial entities 2 254 Total minimum regulatory capital requirement 2 106 027 March 2022 (Rm) Capital Adequacy Ratio (excl. unappropriated profit) Total capital adequacy ratio (%) 15.5 Tier I capital adequacy ratio (%) 12.5 Common Equity Tier I capital adequacy ratio (%) 11.3 Capital Adequacy Ratio (incl. unappropriated profit) Total capital adequacy ratio (%) 15.8 Tier I capital adequacy ratio (%) 12.8 Common Equity Tier I capital adequacy ratio (%) 11.7 Leverage ratio Tier I capital (excl. unappropriated profit) (Rm) 97 857 Tier I capital (incl. unappropriated profit) (Rm) 100 729 Total exposures (Rm) 1 864 313 Leverage ratio (excl. unappropriated profits, %) 5.2 Leverage ratio (incl. unappropriated profits, %) 5.4 Note: 1 Including unappropriated profits. 2 Measured at 13.5% and excludes any confidential bank-specific capital requirements. There is currently no requirement for the countercyclical buffer add-on in South Africa or in other jurisdictions in which the group has significant exposures. Liquidity Coverage Ratio (LCR) In terms of the Basel III requirements in Directive 11/2014 issued in terms of section 6(6) of the Banks Act, (Act No. 94 of 1990), banks are directed to comply with the minimum disclosure on the liquidity coverage ratio (LCR) on both a Standard Bank Group consolidated as well as SBSA Solo entity level. This disclosure is in accordance with Pillar 3 of the Basel III liquidity accord. The LCR is designed to promote short-term resilience of the 30-calendar day liquidity profile, by ensuring that banks have sufficient high quality liquid assets (HQLA) to meet potential outflows in a stressed environment. The temporary liquidity relief measure granted by the South African Reserve Bank (SARB) due to the effects of Covid-19 pandemic has been withdrawn in a phased approach whereby the minimum regulatory requirement increased from 80% to 90% effective 1 January 2022 as per the SARB Prudential Authority directive D8/2021 issued on 29 October 2021. Standard Bank Group Consolidated SBSA Solo 31 March 2022 31 March 2022 Rm Rm Total HQLA 367 507 226 079 Net cash outflows 259 951 201 958 LCR (%) 141.4 111.9 Minimum requirement (%) 90.0 90.0 Note: 1. Only banking and/or deposit taking entities are included. The group data represents a consolidation of the relevant individual net cash outflows and the individual HQLA portfolios, where surplus HQLA holdings in excess of the minimum requirement of 90% have been excluded from the aggregated HQLA figure in the case of all Africa Regions entities. 2. The above figures reflect the simple average of 90 days of daily observations over the quarter ended 31 March 2022 for SBSA including SBSA Isle of Man branch, Stanbic Bank Ghana, Stanbic Bank Uganda, Stanbic IBTC Bank Nigeria, Standard Bank Namibia, Standard Bank Isle of Man Limited and Standard Bank Jersey Limited. The remaining Africa Regions banking entities results are based on the average of the month-end data points as at 31 January 2022, 28 February 2022 and 31 March 2022. The figures are based on the regulatory submissions to the SARB. 3. The SBSA Solo disclosure excludes foreign branches. Net Stable Funding Ratio In terms of the Basel III requirements in Directive 8/2017 issued in terms of section 6(6) of the Banks Act, (Act No. 94 of 1990), banks are directed to comply with the minimum disclosure on the net stable funding ratio (NSFR) on both a Standard Bank Group consolidated as well as SBSA Solo entity level. This disclosure is in accordance with Pillar 3 of the Basel III liquidity accord. The objective of the Basel III Net stable funding ratio (NSFR) is to promote funding stability and resilience in the banking sector by requiring banks to maintain a stable funding profile in relation to the composition of assets and off-balance sheet activities. . Standard Bank Group Consolidated SBSA Solo 31 March 2022 31 March 2022 Rm Rm Available stable funding 1 403 009 956 614 Required stable funding 1 158 557 903 804 NSFR (%) 121.1 105.8 Minimum requirement (%) 100.0 100.0 The information contained in this announcement has not been reviewed and reported on by the group's external auditors. Johannesburg 25 May 2022 Lead sponsor The Standard Bank of South Africa Limited Independent sponsor JP Morgan Equities South Africa Proprietary Limited Namibian sponsor Simonis Storm Securities (Proprietary) Limited