TRADING STATEMENT IN RESPECT OF THE YEAR ENDING 31ST DECEMBER 2023

In terms of the Listing Requirements of the Malawi Stock Exchange, a listed company is required to publish a Trading Statement as soon as there is a reasonable degree of certainty that the nancial results for the period to be reported upon next will dier by at least 20% from the nancial results for the previous corresponding period.

Standard Bank PLC (the Bank) accordingly advises that its prot after tax for the year ending 31st December 2023 is expected to be higher than the previous corresponding year by between 20% and 35%. This represents a prot after tax of between MK46.5 billion and MK52.3 billion compared to prior year's prot after tax of MK38.8 billion.

The information on which the above Trading Statement is based has not been audited by the Bank's auditors.

The summarised nancial results of the Bank for the year ending 31st December 2023 will be published in the press in March 2024.

Norah Nsanja, ACG

Company Secretary

28th December 2023

Standard Bank Plc is licensed and regulated by Reserve Bank of Malawi

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Standard Bank Limited published this content on 28 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 December 2023 15:24:59 UTC.