STANDARD BANK GROUP LIMITED - Change in classification of Sola David-Borha from non-executive director to independent non-executive director

Change in classification of Sola David-Borha from non-executive director to independent non-executive director

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


SHARE CODES
JSE and A2X share code: SBK
ISIN: ZAE000109815
NSX share code: SNB
SBKP ZAE000038881 (First preference shares)
SBPP ZAE000056339 (Second preference shares)
JSE bond code: SBKI

("Standard Bank Group" or "the Group")

CHANGE IN CLASSIFICATION OF SOLA DAVID-BORHA FROM NON-EXECUTIVE DIRECTOR TO
INDEPENDENT NON-EXECUTIVE DIRECTOR

In compliance with paragraph 3.59(c) of the JSE Listings Requirements, shareholders are advised of the
following change in the classification of a non-executive director.

The boards of Standard Bank Group and The Standard Bank of South Africa Limited (SBSA), on
recommendation from the Directors' Affairs Committee, have assessed Ms Sola David-Borha's
independence and are satisfied that she meets the requirements of independence, including those as
set out in King IV.

Accordingly, Ms David-Borha, who was classified as a non-executive director upon her appointment to
the boards of Standard Bank Group and SBSA, has been reclassified as an independent non-executive
director of both companies with effect from 23 May 2024.



Johannesburg
24 May 2024


Sponsor
The Standard Bank of South Africa Limited

Namibian sponsor
Simonis Storm Securities (Proprietary) Limited

Date: 24-05-2024 02:54:00
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