Shareholders

If there is one group of Nedbank stakeholders to whom we have a particular responsibility when it comes to the sustainability of our bank, that group is our shareholders. For this reason we place a top priority on providing them with up-to-date, comprehensive information regarding our activities and performance. In this way our shareholders are not only empowered to make informed investment decisions, but also encouraged to provide valuable feedback to assist us in further enhancing our operations. It’s a win-win relationship that ensures that Nedbank Group is always credible, transparent, and open to new ideas.

GRI – Financial Services Sector Supplement: FS5 AND FS6

 

shareholder interaction

At Nedbank Group we understand that sound investment decisions can be made only when the investor has sufficient information at his or her disposal. As the owners of our business, our shareholders have a vested interest in its sustainable success, and we have a responsibility to ensure that they have all the information they need to make considered investment choices. We therefore constantly engage with our shareholders with the dual aim of keeping them informed and understanding what they expect of us. This ongoing feedback is the responsibility of the Nedbank Group Executive Committee and the Nedbank Group Board, and all information is disclosed equally and simultaneously to all shareholders, analysts and market participants through an array of communications channels, including the following:

• Results presentations
• Analyst presentations in areas of specified interest
• Conferences
• Teleconferences
• Webcasts and TV broadcasts
• Corporate website: www.nedbankgroup.co.za
• Media releases
• Annual General Meeting
• Annual Report
• Results and dividend announcements
• Securities Exchange News Service

During 2008 our investor relations activities included:

• a total of 123 investor meetings as part of local and international roadshows following results announcements;
• participation in seven broker conferences;
• an investor lunch held by Nedbank Corporate in Cape Town;
• a presentation at the 11th Annual UBS Financial Services Conference;
• a Provisioning and Credit Policy presentation held by Nedbank Retail; and
• a total of 141 other management meetings with shareholders, analysts and rating agencies.

All investor meetings are formally minuted and attended by more than one person from Nedbank Group or the group’s investor relations consultancy. Currently, 11 broker analysts actively analyse and publish research on Nedbank Group.

Debt investor relations activities continued extensively in 2008 with interaction across a broad spectrum of asset managers as part of the successful R1,75 billion Hybrid Tier 1 issuance. Local and offshore opportunities to place both capital and senior instruments remain a key aspect of strategic capital management.

 

EYETHU SHAREHOLDERS

The group’s pioneering BEE transaction continues to generate significant benefits for black employees, shareholders and business partners. For full details, please refer to the Black Economic Empowerment Report.