Results Of Annual General Meeting (AGM) And Retirement Of Director Standard Bank Group Limited (Incorporated in the Republic of South Africa) (Registration number 1969/017128/06) JSE share code: SBK NSX share code: SNB ISIN: ZAE000109815 (“Standard Bank Group” or “the Company”) RESULTS OF ANNUAL GENERAL MEETING (AGM) AND RETIREMENT OF DIRECTOR Standard Bank Group is pleased to advise its shareholders that all the ordinary and special resolutions proposed in the Notice of AGM dated 7 March 2018 and tabled at the Company’s AGM held today, Thursday 24 May 2018, were passed by the requisite majority of votes cast by shareholders. The voting details with respect to the proposed resolutions were as follows: Resolution Number of % of For* Against Abstai Number shares voted shares % * ned voted** % % 1 Ordinary 1 316 950 675 81.28 100 0.00 0.74 Resolution: Adopt audited annual financial statements 2.1 Ordinary 1 316 692 750 81.26 97.79 2.21 0.63 Resolution: Re-election of Thulani Gcabashe as a director 2.2 Ordinary 1 316 689 621 81.26 97.32 2.68 0.63 Resolution: Election of Hao Hu as a director 2.3 Ordinary 1 316 694 000 81.26 96.35 3.65 0.63 Resolution: Re-election of Kgomotso Moroka as a director 2.4 Ordinary 1 316 693 102 81.26 92.08 7.92 0.63 Resolution: Re-election of Atedo Peterside as a director 2.5 Ordinary 1 316 698 065 81.26 99.39 0.61 0.63 Resolution: Re-election of Peter Sullivan as a director 2.6 Ordinary 1 316 693 242 81.26 97.43 2.57 0.63 Resolution: Election of Lubin Wang as a director 3.1 Ordinary 1 134 759 666 70.03 87.87 12.13 14.36 Resolution: Re- appointment of KPMG Inc. as auditors 3.2 Ordinary 1 321 760 781 81.58 84.69 15.31 0.25 Resolution: Re- appointment of Pricewaterho useCoopers Inc. as auditors 4 Ordinary 1 316 696 024 81.26 89.97 10.03 0.63 Resolution: Place unissued ordinary shares under control of directors 5 Ordinary 1 303 772 625 80.47 89.54 10.46 0.64 Resolution: Place unissued preference shares under control of directors 6.1 Non-binding 1 313 004 912 81.04 94.20 5.80 0.91 advisory vote on remuneration policy 6.2 Non-binding 1 313 001 332 81.04 95.27 4.73 0.91 advisory vote on remuneration implementati on report 7 Special Resolution: Approve non- executive directors’ fees 7.1 Chairman 1 316 677 449 81.26 95.25 4.75 0.63 7.2 Director 1 310 292 558 80.87 99.28 0.72 1.11 7.3 International 1 310 390 405 80.87 98.69 1.31 1.11 Director 7.4 Group Directors’ Affairs Committee 7.4.1 Member 1 310 402 085 80.87 99.64 0.36 1.11 7.5 Group Risk and Capital Management Committee 7.5.1 Chairman 1 310 350 457 80.87 98.36 1.64 1.11 7.5.2 Member 1 310 402 949 80.87 99.64 0.36 1.11 7.6 Group Remuneration Committee 7.6.1 Chairman 1 310 397 417 80.87 99.34 0.66 1.10 7.6.2 Member 1 310 405 439 80.88 99.63 0.37 1.11 7.7 Group Social and Ethics Committee 7.7.1 Chairman 1 310 402 380 80.87 99.44 0.56 1.11 7.7.2 Member 1 310 402 179 80.87 99.64 0.36 1.11 7.8 Group Audit Committee 7.8.1 Chairman 1 310 402 380 80.87 98.36 1.64 1.11 7.8.2 Member 1 310 304 402 80.87 99.64 0.36 1.11 7.9 Group Technology and Information Committee 7.9.1 Chairman 1 310 402 450 80.87 99.35 0.65 1.11 7.9.2 Member 1 310 402 353 80.87 99.55 0.45 1.11 7.10 Group Model Approval Committee 7.10.1 Chairman 1 310 402 353 80.87 99.44 0.56 1.11 7.10.2 Member 1 310 378 352 80.87 99.64 0.36 1.11 7.11 Ad hoc 1 297 421 451 80.07 99.82 0.18 1.14 meeting attendance 8 Special 1 315 448 202 81.19 98.96 1.04 0.72 resolution General authority to acquire the company’s ordinary shares 9 Special # # 99.19 0.81 0.74 resolution General authority to acquire the company’s non- redeemable preference shares 10 Special 1 316 694 662 81.26 98.26 1.74 0.63 resolution Loans or other financial assistance to related or inter- related companies *In relation to the total number of shares voted at the AGM. **Based on 1 620 283 191 shares in issue at the date of the AGM. # The holders of the non-redeemable, non-cumulative, non-participating preference shares (2nd preference shares) were entitled to vote on this resolution and were entitled to that portion of the total votes in the company which the aggregate amount of the nominal value of the shares held by such shareholders bears to the aggregate amount of the nominal value of the value of the ordinary and 2nd preference shares issued by the company. RETIREMENT OF DIRECTOR In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, Standard Bank Group announces that, having reached retirement age, Richard Matthew Wingfield Dunne (Richard) retired as a non-executive director of Standard Bank Group at the close of the company’s Annual General Meeting held today, Thursday, 24 May 2018. He also retired from the board of The Standard Bank of South Africa Limited at the close of its Annual General Meeting held on Wednesday, 23 May 2018. The boards extend their appreciation to Richard for his contribution to the group and wish him well in his retirement. Johannesburg 24 May 2018 Lead sponsor The Standard Bank of South Africa Limited Independent Sponsor Deutsche Securities (SA) Proprietary Limited Namibian sponsor Simonis Storm Securities (Proprietary) Limited Date: 24/05/2018 05:05:00 Produced by the JSE SENS Department. 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