Nedbank Group Executive Leadership Changes – Appointment of Managing Executive, Business and Commercial Banking NEDBANK GROUP LIMITED (Incorporated in the Republic of South Africa) Registration number: 1966/010630/06 JSE share code: NED NSX share code: NBK A2X share code: NED ISIN: ZAE000004875 JSE alpha code: NEDI (Nedbank Group) NEDBANK GROUP EXECUTIVE LEADERSHIP CHANGES – APPOINTMENT OF MANAGING EXECUTIVE, BUSINESS AND COMMERCIAL BANKING Nedbank Group is pleased to announce the appointment of Andiswa Bata (41) as Managing Executive of Nedbank Business and Commercial Banking (BCB), subject to regulatory approval. Andiswa's appointment follows the strategic reorganization of Retail and Business Banking and Nedbank Wealth and the resultant creation of the BCB cluster that will cover the spectrum of SME, Commercial and Mid-corp clients. Andiswa is a seasoned banker with 18 years of banking experience across business and investment banking. Her career reflects a deep commitment to driving both performance and purpose, with a particular focus on advancing financial inclusion and supporting the growth of Small and Medium Enterprises (SMEs). She began her career in investment banking, holding various roles at Absa Capital and Standard Bank CIB, spanning across debt structuring, syndication & distribution, and global markets. Since joining FNB in 2018, Andiswa has held several strategic leadership roles, culminating in the position of the CEO of FNB Business segment. Andiswa holds a Bachelor of Business Science from the University of Cape Town. Jason Quinn, Chief Executive, and the rest of the Group Exco and the Nedbank Board extend a warm welcome to Andiswa and look forward to working with her. Sandton 9 July 2025 Sponsors to Nedbank Group in South Africa: Nedbank Corporate and Investment Banking, a division of Nedbank Limited Sponsor to Nedbank Group in Namibia: Old Mutual Investment Services (Namibia) (Pty) Ltd Date: 09-07-2025 12:30:00 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.