Nedbank’s offer to acquire about 66% of NCBA becomes unconditional

• Nedbank Group's offer to acquire about 66% of NCBA Group became unconditional on October 15, 2026.
• The acquisition covers approximately 1,087,362,891 NCBA shares, with consideration comprising cash and newly issued shares in the buyer.
• Completion is expected on or about November 3, 2026, with final cash and share consideration figures due November 5.
• NCBA's financial results are expected to be consolidated into the group's results in the fourth quarter of 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nedbank Group Ltd. published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S605165), on October 19, 2026, and is solely responsible for the information contained therein.