Introduction to the Standard Bank Group

Industrial and Commercial Bank of China Limited (ICBC), the world’s largest bank by assets, is a 20.1% shareholder. This strategic relationship enables us to work with ICBC to facilitate investment flows and commercial relationships between China and Africa, to the benefit of African countries. Our second largest shareholder is the Government Employees Pension Fund of South Africa which holds 12.3% of shares.

The Standard Bank Group (SBG) is the largest African banking group by assets, with a market capitalisation of approximately R289 billion (USD20 billion), offering a range of banking and related financial services across sub-Saharan Africa.

Our vision is to be the leading financial services organisation in, for and across Africa, delivering exceptional client experiences and superior value.

Being a truly African organisation allows us to create shared value for our clients, our people, our shareholders and society by contributing to their financial wellbeing and the socioeconomic growth of the economies in which we operate.

We have a 157-year history in South Africa, and for 30 years we have been building our franchises across sub-Saharan Africa as well as extending into key international markets.

We subscribe to the Code of Banking Practice, a set of principles governing banking in South Africa which ensures the highest standards of professionalism, integrity and fairness.

New York

São Paulo

London

Beijing

DubaiDubai

We operate in 20 African countries and are headquartered in Johannesburg. Our primary listing is on the Johannesburg Stock Exchange (JSE) in South Africa, with a secondary listing in Namibia. Subsidiary banks are listed on exchanges in Kenya, Malawi, Nigeria and Uganda.

51% of Standard Bank is owned by international investors, with China (20%), USA (15%) and UK (2%) making up the top three.

49% of Standard Bank is owned by South Africans.

We are a financial services organisation in, for and across Africa.Our purpose is to drive Africa’s growth. We are committed to being more than a provider of financial products and services – we are a catalyst for economic change in our countries of operation and we make life better for our fellow Africans by doing the right business the right way.

INTERNATIONAL FINANCIAL SERVICES

•• Isle of Man

•• Jersey

•• Mauritius

STANDARD BANK GROUP REPORTING TO SOCIETY 2018

INTRODUCTION

2

INTEGRATED FINANCIAL SERVICES

WEALTH offers insurance, investment, fiduciary, bespoke banking and multi-generational wealth preservation solutions to high net worth, retail, business and commercial and corporate clients across the group’s footprint.

CORPORATE & INVESTMENT BANKING (CIB) offers corporate and investment banking services to clients, including governments, parastatals, larger corporates, multinationals and financial institutions.

PERSONAL & BUSINESS BANKING (PBB) provides banking and other financial services to individual clients and small and medium-sized enterprises (SMEs).

LIBERTY Life insurance and investment management activities of the group companies in the Liberty Holdings Group. Please refer to www.libertyholdings.co.za for more information.

WHO WE AREWe are an African-focused, client-centric, digitally enabled,

integrated financial services organisation.

OUR OPERATING CONTEXTOur presence across a wide range of countries and sectors

presents us with both risks and opportunities.

Client centricity Digitisation Integrated group

FOCUS AREAS

OUR STRATEGYOur strategy remains unchanged, and continues to respond to our operating

context, our stakeholders’ needs and the related material issues.

OUR VALUE CREATION MODELOur business model enables us to respond in a dynamic environment of

competing stakeholder expectations, complex competitive forces and regulatory pressures.

Standard Bank’s value drivers – Arno Daehnke

SEE and why it is important to Standard Bank – Sola David-Borha

STANDARD BANK GROUP REPORTING TO SOCIETY 2018

INTRODUCTION

3

INTRODUCTION TO THE STANDARD BANK GROUP continued