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Amendments to Nedbank Group's ZAR40,000,000,000 Domestic Medium Term Note Programme
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" or the "Issuer")
AMENDMENTS TO NEDBANK GROUP'S ZAR40,000,000,000 DOMESTIC MEDIUM TERM NOTE
PROGRAMME
Nedbank Group established a ZAR40,000,000,000 Domestic Medium Term Note Programme ("DMTN
Programme") under which Nedbank may, from time to time, issue secured or unsecured, subordinated
or unsubordinated notes of any kind pursuant to the Amended and Updated DMTN Programme
Memorandum dated 8 February 2019 ("DMTN Programme Memorandum").
Noteholders are advised that Nedbank Group has amended and updated the DMTN Programme
Memorandum on the basis set out in the Amended and Updated DMTN Programme Memorandum
dated 4 February 2026 ("Amended DMTN Programme Memorandum")
Any capitalised terms not defined in this SENS announcement have the meanings ascribed to them in
the respective sections of the Amended DMTN Programme Memorandum headed "Terms and
Conditions".
The Amended DMTN Programme Memorandum, has, in summary, been updated as follows:
1. To comply with all the applicable provisions of the JSE Debt & Specialist Securities Listings
Requirements.
2. To increase the programme amount of the Amended DMTN Programme Memorandum from
R40,000,000,000 to R75,000,000,000.
3. The introduction to the Amended DMTN Programme Memorandum as well as the various
sections in the Amended DMTN Programme Memorandum have been updated extensively as
part of a general revision of the Amended DMTN Programme Memorandum.
4. By the inclusion and removal of various definitions as appropriate.
5. The general sequencing in the Amended DMTN Programme Memorandum has been revised.
6. The "Documents Incorporated by Reference" section of the Amended DMTN Programme
Memorandum has been updated to reflect all documents incorporated by reference.
7. The ambit of the Amended DMTN Programme Memorandum has been extended to include FLAC
Instruments.
8. By the inclusion of a separate "Risk Factors and Other Disclosures Statement" which includes
the following information:
• the risk factors that the Issuer believes may affect its ability to fulfil its obligations under
the Notes as well as the factors which are material for the purpose of assessing the market
risks associated with the Notes;
• the Banking and Prudential Regulation in South Africa;
• South African Exchange Control;
• South African Taxation;
• Subscription and Sale; and
• Settlement, Clearing and Transfer of Notes.
9. By the inclusion of a separate "Information Statement" which includes the following information:
• a description of Nedbank Group, including, but not limited to, its business, management,
directors and corporate governance disclosure;
• the Issuer's directors and debt officer;
• the register of conflicts of interests or confirmation that no conflicts of interests exist; and
• corporate information in respect of the DMTN Programme.
The Amended DMTN Programme Memorandum was approved by the JSE on 6 February 2026. The
Amended DMTN Programme Memorandum, the Information Statement and the Risk Factors and Other
Disclosures Statement are available for inspection on the following website link: Debt Investors |
Nedbank
6 February 2026
Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Date: 06-02-2026 05:45:00
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