Standard Bank Group Limited

13 March 2024

Appointment of a non-executive director

In compliance with section 3.59 of the Listings Requirements of the JSE Limited and section 6.39 of the JSE Debt Listings Requirements, the Standard Bank Group board is pleased to announce the appointment of Olusola (Sola) Adejoke David-Borha to its board and that of The Standard Bank of South Africa Limited, as a non-executive director with effect from 13 March 2024. The appointment is subject to finalisation of the South African Reserve Bank Prudential Authority's regulatory processes.

Ms David-Borha (63) holds a BSc. (Hons) (University of Ibadan, Nigeria), MBA (University of Manchester) and AMP (Harvard Business School). She is a non-executive director of Stanbic IBTC Holdings Plc and will remain a non-executive director of Coca-Cola Hellenic Bottling Company, United Kingdom until May 2024.

Ms David-Borha was previously employed by the Group and served as Chief Executive Officer for Africa Regions until her retirement in March 2021.

The board is delighted to welcome Sola and looks forward to her contribution.

For further information, please contact:

Marc Hearn

Standard Bank Group Limited
9th Floor
5 Simmonds Street, Johannesburg PO Box 2001
South Africa
Telephone number: +27 11 344 5004

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