Enhanced Investments - Financial Portal

SBSA-Company Secretary Change

Published: 2022-11-08 14:42:54 ET

STANDARD BANK OF South AFRICA LIMITED
Registration number 1962/000738/06)
Incorporated in the Republic of South Africa
Website: www.standardbank.com/reporting


JSE bond code: SBKI

CHANGE IN GROUP SECRETARY

In compliance with section 6.39 of the JSE Debt Listings Requirements, the Standard Bank
Group board of directors (“the Board”) is pleased to announce the appointment of Kobus
Froneman (51) BCompt (Unisa) as group secretary of Standard Bank Group and The Standard
Bank of South Africa Limited (“SBSA”) with effect from 8 November 2022.

Mr Froneman has held an executive position in the Group’s Governance Office over the past 10
years. He has gained extensive risk and governance experience and exposure to engagement
with boards and Regulators during his 21 years in the financial services industry.

Ms Zola Stephen will step down as group secretary of Standard Bank Group and SBSA and will
be transitioning to a new role within the Group.

The Board extends its sincere appreciation to Zola for her invaluable contribution over the past
10 years and wishes Kobus well in his new role.


Johannesburg
8 November 2022

JSE sponsor
The Standard Bank of South Africa Limited

Namibian sponsor
Simonis Storm Securities (Proprietary) Limited

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

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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.