Full Capital Redemption – NGL06

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 – NGL06

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 and sections D3 and D4 ('Issuer Early
Redemption Election') of the NGL06 Pricing Supplement dated 29 November 2018, investors are herewith
advised of the early full capital redemption of NGL06 effective 1 December 2023.

In accordance with the terms and conditions, the Registrar of Banks (Relevant Authority) has granted written
approval for the Issuer Early Redemption Election of the NGL06 notes exercised by Nedbank Group.

JSE Code        ISIN                Capital redemption          Amount                Record date
                                    amount                      outstanding after
                                                                capital redemption
NGL06           ZAG000155839        R1 000,000,000.00           R0.00                 Thursday, 30
                                                                                      November 2023
2 November 2023

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

Date: 02-11-2023 09:31:00
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