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Mon 19 Feb 2024, 8:00 Full Capital Redemption – NGT103
Full Capital Redemption – NGT103

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 – NGT103

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 NGT103 Pricing Supplement dated 19 March 2019, investors are herewith
advised of the early full capital redemption of NGT103 effective Monday, 25 March 2024.

In accordance with the terms and conditions, the South African Registrar of Banks (Relevant Authority) has
granted written approval for the Issuer Early Redemption Election of the NGT103 notes exercised by Nedbank
Group.

JSE Code         ISIN               Capital redemption         Amount               Record date
                                    amount                     outstanding after
                                                               capital redemption
NGT103           ZAG000157678       R671,000,000.00            R0.00                Friday, 22 March
                                                                                    2024


19 February 2024

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

Date: 19-02-2024 08:00:00
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