STANDARD BANK GROUP LIMITED - Regulatory Approval Of Change Of Auditors

Regulatory Approval Of Change Of Auditors

STANDARD BANK GROUP LIMITED
Registration number 1969/017128/06
Incorporated in the Republic of South Africa
Website: www.standardbank.com/reporting

SHARE CODES
JSE and A2X share code: SBK
ISIN: ZAE000109815
NSX share code: SNB
("Standard Bank Group" or "the Company")

REGULATORY APPROVAL OF CHANGE OF AUDITORS

On 1 February 2022, Shareholders were advised via the Johannesburg Exchange's Stock
Exchange News Service (SENS) that the Company would, subject to approval from
shareholders and the South African Prudential Authority (PA) rotate its joint auditors in 2024
and 2026.

Approval was obtained from shareholders at the Company's annual general meeting held on
10 June 2024 to appoint Ernst & Young Incorporated (EY) as the joint external auditor of
Standard Bank Group (refer to SENS announcement of 10 June 2024: Results of Annual
General Meeting).

Shareholders are advised that the PA has granted approval in terms of section 61(2) of the
Banks Act, 94 of 1990 for the appointment of EY as the joint external auditor of Standard Bank
Group and Mr Ranesh Premlall Hariparsad of EY as the joint engagement partner responsible
for the audit of the Company.

Furthermore, the PA has also granted approval in terms of section 61(2) of the Banks Act, 94
of 1990 for the approval of EY as the joint external auditor of The Standard Bank of South
Africa Limited (SBSA) and Mr Ranesh Premlall Hariparsad of EY as the joint engagement
partner responsible for the audit of SBSA.


Johannesburg
14 November 2024

JSE sponsor
The Standard Bank of South Africa Limited

Namibian sponsor
Simonis Storm Securities (Proprietary) Limited

Date: 14-11-2024 05:20:00
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.