Standard Bank Group (JSE:SBK) News - Voluntary trading update, No Change Statement and Notice of Annual General Meeting

Standard Bank Group Limited
Registration number 1969/017128/06
Incorporated in the Republic of South Africa
Website: www.standardbank.com/reporting

Share codes
JSE share code: SBK ISIN: ZAE000109815
NSX share code: SNB ZAE000109815
A2X share code: SBK

Voluntary trading update, No Change Statement and Notice of Annual General Meeting

1.   Voluntary trading update

     As at the date of reporting of the group’s 2021 financial results (11 March 2022), ICBCS Standard
     Bank Plc (ICBCS), as an emerging markets and commodities business, had exposure to certain
     entities which were impacted, directly and indirectly, by the developments in Ukraine and Russia.
     Since then, ICBCS has reduced the impacted counterparty positions and is actively managing the
     related market risk.

     The group has a 40% stake in ICBCS. We will provide a further update as part of our 1Q22 update in
     late April 2022.

2.   No Change Statement

     The consolidated audited annual financial statements of Standard Bank Group Limited (the group) for
     the year ended 31 December 2021 on which KPMG Inc. and PricewaterhouseCoopers Inc. expressed
     an unmodified opinion, were released on Friday, 11 March 2022. The full audit opinion, including any
     key audit matters, is available at https://reporting.standardbank.com/results-reports/annual-reports/
     and at the following link as part of the group’s annual financial statements:

     https://thevault.exchange/?get_group_doc=18/1646978093-SBG2021AnnualFinancialStatements.pdf

     No modifications have been made to the audited annual financial statements from the date of release
     to the date of this announcement.

     An electronic version of the group’s annual integrated report, governance and remuneration report,
     risk and capital management report, environmental, social and governance report, report to society
     and climate-related financial disclosures will also be made available at
     www.standardbank.com/reporting on Thursday, 31 March 2022.

3. Annual General Meeting

     Notice is hereby given that the 53rd Annual General Meeting (AGM) of Standard Bank Group will
     be held on Tuesday, 31 May 2022 at 09h00. This will be a meeting conducted virtually (i.e.,
     entirely by electronic communication) due to preventative measures as a result of the Covid-19
     pandemic. This has been done in the interest and wellbeing of all stakeholders as scientists have
     predicted that South Africa will experience the fifth wave of Covid-19 towards the end of April or
     early May 2022.

     Shareholders wishing to participate will need to register on https://meetnow.global/za by clicking
     on the Standard Bank logo or submitting a written notice via email to Computershare at
     proxy@computershare.co.za. Further details on how shareholders can access the virtual meeting
     are included in the notice of AGM which is available from Thursday, 31 March 2022 and a
     shareholders’ guide to assist and provide meeting participation guidelines will be made available at
     https://reporting.standardbank.com/agm/. Should you have any further questions, please send an
     email to groupsecretary@standardbank.co.za.

   The summary information pertaining to the AGM is as follows:

    Issuer Name                                                            Standard Bank Group Limited

    Type of Instrument                                            Ordinary Shares & Preference Shares &
                                                                                    Preference Shares

                                                                                         ZAE000109815
    ISIN Numbers                                                                         ZAE000038881
                                                                                         ZAE000056339
    JSE Codes                                                                       SBK & SBKP & SBPP

    Meeting Type                                                                Annual General Meeting

    Meeting Venue                                                                      Virtual Meeting

    Record Date – To determine which shareholders are
    entitled to receive the Notice of meeting                                            25 March 2022

    Publication/Posting Date                                                   Thursday, 31 March 2022

    Last day to Trade – Last day to trade to determine
    eligible shareholders that may attend, speak and vote
    at the Meeting                                                               Tuesday, 24 May 2022

    Record Date ? Record date to determine eligible
    shareholders that may attend, speak and vote at the
    Meeting                                                                       Friday, 27 May 2022

    Meeting deadline date (For administrative purposes,
    forms of proxy for the meeting to be lodged)                         09:00 on Monday, 30 May 2022

    Meeting date                                                         09:00 on Tuesday, 31 May 2022

    Publication of results                                                       Tuesday, 31 May 2022

    Website link                                              https://reporting.standardbank.com/agm/


Johannesburg
31 March 2022

Lead sponsor
The Standard Bank of South Africa Limited

Independent Sponsor
J.P. Morgan Equities South Africa Proprietary Limited

Namibian sponsor
Simonis Storm Securities (Proprietary) Limited

Date: 31-03-2022 02:40:00
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