STANDARD BANK GROUP LIMITED - Changes To A Directors Classification And Responsibilities

Changes To A Director’s Classification And Responsibilities

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

JSE share code: SBKP
ISIN: ZAE000038881 (First preference shares)
JSE share code: SBPP
ISIN: ZAE000056339 (Second preference shares)
JSE bond code: SBKI
("Standard Bank Group")

THE STANDARD BANK OF SOUTH AFRICA LIMITED
Registration number 1962/000738/06
Incorporated in the Republic of South Africa
JSE bond code: BISTDB

CHANGES TO A DIRECTOR'S CLASSIFICATION AND RESPONSIBILITIES

In accordance with the provisions of paragraph 3.59 of the JSE Listings Requirements and
paragraph 6.42 of the Debt and Specialist Securities Listings Requirements, shareholders are advised
of the following changes to a Standard Bank Group and The Standard Bank of South Africa Limited
(SBSA) director's classification and responsibilities, which will take effect from 1 January 2025.

The South African Reserve Bank (SARB) Prudential Authority's Directive 4 of 2018 (the Directive), which
came into effect in April 2020, applies to South African registered banks and their controlling companies.
In terms paragraph 8.1.2.8, any independent non-executive director who has served on the board for a
period of nine years or longer, and remains a member of the board after the aforementioned period, shall
for the purpose of the Directive be deemed to no longer be independent.

Martin Oduor-Otieno was appointed to the boards of Standard Bank Group and SBSA on 1 January 2016
and, in terms of the provisions of the Directive, will be reclassified as a non-executive director with effect
from 1 January 2025. He will relinquish his membership of the Group and SBSA Audit Committees upon
his reclassification.

Johannesburg
25 November 2024

JSE sponsor
The Standard Bank of South Africa Limited

Namibian sponsor
Simonis Storm Securities (Proprietary) Limited

Date: 25-11-2024 04:52:00
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