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NWF014 - Finalisation Announcement: Confirmation of Autocall Redemption Amount and Results of Noteholder Election
NEDBANK LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1951/000009/06
JSE Alpha Code: NBKP
(Nedbank or the Issuer)
NWF014 FINALISATION ANNOUNCEMENT: CONFIRMATION OF AUTOCALL REDEMPTION AMOUNT
AND RESULTS OF NOTEHOLDER ELECTIONS
Noteholders are referred to the announcement released on SENS on 20 July 2026 and are hereby advised of
the results of the Noteholder elections, and the final updated economics that will be applied to NWF014 in
respect of Noteholders who did not elect Noteholder Early Redemption Election and will therefore remain
invested in NWF014.
Any capitalised terms not defined in this announcement shall have the meanings ascribed to them in the
NWF014 applicable pricing supplement (APS).
1. Noteholder Elections
1.1 Autocall Redemption Amount (final)
Specified Denomination per Note: ZAr 1,000 (1,000 cents)
Initial Exchange Rate: 17.8125
USD equivalent initial capital: USD 56.1403 cents
USD Autocall coupon: 15%
USD equivalent initial capital + Autocall coupon: USD 64.5614 cents
USD/ZAR exchange rate: 16.78
Autocall Redemption Amount: ZAr 1083.34 (1083.34 cents)
1.2 Results of Noteholder Elections
Noteholders holding 110,000 Notes (being 5.017% of Notes in issue) elected Option 1: Cash Settlement,
resulting in a total cash payment of ZAR 1,191,300. The remaining Noteholders elected Option 2: Remain
invested / made no election, in respect of 2,082,556 Notes. These Noteholders are referred to paragraph 2
below for the updated economics for NWF014.
2. Updated Economics for Noteholders Remaining Invested in NWF014
Where the Noteholder did not elect Cash Settlement (Option 1), the Note has been rolled with new economics
as summarised in the announcement dated 20 July 2026.
A further announcement will be released on 1 August 2026 with the updated Initial Index Levels for the relevant
Reference Equity Indices as determined on 31 July 2026.
The updated APS and further information relating to NWF014 will also be made available on Nedbank's
website on 1 August 2026.
27 July 2026
Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Date: 27-07-2026 04:50:00
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