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Disclosure of Beneficial Interests in Securities

Nedbank GroupNEDOn SENS Friday 6 November 2026, 12:00 SAST

Shareholding changeNot material

In brief

BlackRock Inc has disposed of an interest in Nedbank Group ordinary shares, bringing its total interest to 4.76% of the company's total issued ordinary shares.

The announcement

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 6.54
of the JSE Limited Listings Requirements, shareholders are hereby advised that Nedbank Group has
received formal notification that BlackRock Inc (BlackRock) 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 BlackRock now amounts to 4.76% 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 BlackRock in making this statement.

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

Sandton

6 November 2026

Sponsor 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: 06/11/2026 12:00:00
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