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Dealings in Securities by the Nedbank Group (2005) Share Scheme Trust

Published: 2024-03-22 16:00:38 ET
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NEDBANK GROUP LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1966/010630/06
JSE share code: NED
NSX share code: NBK
ISIN: ZAE000004875
JSE alpha code: NEDI
(Nedbank Group)

DEALINGS IN SECURITIES BY THE NEDBANK GROUP (2005) SHARE SCHEME TRUST

In terms of paragraphs 3.63 - 3.74 of the Listings Requirements of the JSE Limited, the following
information is disclosed in respect of dealings in shares:

Name:                                            Nedbank Group (2005) Share Scheme Trust
Nature of transaction:                           Purchase of shares in terms of the Nedbank Group
                                                 (2005) Share Option, Matched Share and Restricted
                                                 Share Scheme (Scheme) to satisfy the obligations of
                                                 the Scheme in respect of the 2024 issuance of
                                                 Restricted Shares to employees, and vesting of the
                                                 2021 Matched Share Scheme.
Nature of trade:                                 Open market
Class of securities:                             Nedbank Group ordinary shares

Date of transaction:                             15 March 2024
Number of shares:                                725 000
Average price per share:                         R224.1080
Lowest price per share:                          R222.41
Highest price per share:                         R227.56
Total value:                                     R162 478 300.00

Date of transaction:                             18 March 2024
Number of shares:                                406 730
Average price per share:                         R223.0314
Lowest price per share:                          R221.15
Highest price per share:                         R227.56
Total value:                                     R90 713 561.32

Date of transaction:                             19 March 2024
Number of shares:                                356 730
Average price per share:                         R223.9663
Lowest price per share:                          R222.50
Highest price per share:                         R224.51
Total value:                                     R79 895 498.20

Date of transaction:                             20 March 2024
Number of shares:                                665 025
Average price per share:                         R227.3326
Lowest price per share:                          R224.00
Highest price per share:                         R228.35
Total value:                                     R151 181 862.32
Extent of interest:                          Direct beneficial
Clearance to deal obtained:                  Yes

Sandton
22 March 2024

Sponsors to Nedbank Group in South Africa:
Merrill Lynch South Africa (Pty) Limited
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

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