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SBPP ZAE000056339 (Second preference shares) (“Standard Bank” or “the group”) Voluntary trading update for the four months to 30 April 2021 and trading statement for the six- month period ending 30 June 2021 Pre-close trading update the global growth outlook are positive – the IMF upgraded its expectations for global gross domestic product (GDP) growth in 2021 to 6%. The interest rate hiking cycle is expected to be delayed. Strong global commodity demand and pricing are favourable for sub-Saharan Africa, and South Africa in particular. In South Africa, strong export prices have driven a trade surplus and the fiscal outlook has improved. There are signs that an economic recovery is underway, and sentiment has improved. Inflation is

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