SENS

NED : Disclosure of Beneficial Interests in Securities:

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)

DISCLOSURE OF BENEFICIAL INTERESTS IN SECURITIES

In accordance with section 122(3)(b) of the Companies Act, (Act No. 71 of 2008) and paragraph 3.83(b)

of the JSE Limited Listings Requirements, shareholders are hereby advised that Nedbank Group has

received formal notification that clients of Coronation Asset Management Proprietary Limited

("Coronation") have, in aggregate, disposed of an interest in the ordinary shares of Nedbank Group,

such that the total interest in the ordinary shares of Nedbank Group held by Coronation's clients now

amounts to 4.95% of the total issued ordinary shares of Nedbank Group.

The board of Nedbank Group ("Board") accepts responsibility for the information contained in this

announcement and confirms that, to the best of its knowledge and belief, such information is true and

that this announcement does not omit anything likely to affect the importance of such information

included. The Board has relied on the accuracy of the information contained in the notification received

from Coronation in making this statement.

Nedbank Group has filed the required notice with the Takeover Regulation Panel.

Sandton

4 February 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: 04-02-2025 04:00:00

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