NGT107 - Full Capital Redemption

NEDBANK GROUP LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1966/010630/06
JSE Alpha Code: NEDI
('Nedbank Group' or the 'Issuer')

Full Capital Redemption – NGT107

In accordance with the provisions of the terms and conditions of Nedbank Group's unsecured subordinated
notes in terms of its Domestic Medium-Term Note Programme (DMTN Programme) and sections D3 and D4
('Issuer Early Redemption Election') of the NGT107 Applicable Pricing Supplement (APS) dated 15 November
2020, investors are herewith advised of the early full capital redemption of NGT107 effective Wednesday, 19
November 2025.

In line with the terms and conditions of the DMTN Programme, APS and the Banks Act and Regulations, the
Registrar of Banks has granted written approval for the early redemption of the NGT107 note by Nedbank
Group.

JSE Code         ISIN               Capital redemption         Amount                  Record date
                                    amount                     outstanding after
                                                               capital redemption
NGT107           ZAG000172438       R 472,000,000.00           R0.00                   Tuesday, 18 November 2025
                                                                                        


9 October 2025

Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 09-10-2025 01:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.