Standard Bank Group Limited and The Standard Bank of South Africa Limited announced that Dr. Xueqing Guan and Mr. Atedo Peterside, will retire as directors at the conclusion of the Annual General Meetings, scheduled to be held on 10 June 2024 and 23 May 2024 respectively. Dr. Guan and Mr. Peterside are required, in terms of the Memoranda of Incorporation of Standard Bank Group and SBSA, to retire by rotation at the respective companies' AGMs. Both directors have formally advised the Company and SBSA that they will not make themselves available for re-election. Consequently, they will step down from the boards and board committees that they serve on at the conclusion of the AGMs.