THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa Limited Financial Instrument Redemption Announcement - SBRN69?

The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - “SBRN69”

The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - "SBRN69"


Stock Code: SBRN69
ISIN Code: ZAE000350203


Final Redemption with Election


Noteholders of SBRN69 have elected to early redeem the listed
SBRN69 Equity Index Linked Notes ("the Notes") with early
redemption on 27 January 2026 are reminded that:


Valuation Date:                       Thursday, 15 January 2026
Valuation Time:                       The time the Index Level is
                                      published on the Valuation
                                      Date
Finalisation Date of Final
Redemption value of SBRN69 announced
by 11:00am:                          Friday, 16 January 2026
Notification Date of whether
SBRN69 may or may not de-list:       Friday, 16 January 2026


Last Date to Trade:                   Monday, 19 January 2026
Suspension Date:                      Tuesday, 20 January 2026
Closing date for elections:           By 11:00am, Thursday, 22
                                      January 2026
Record Date:                          Thursday, 22 January 2026
Maturity Date (Delivery/Payment):     Tuesday, 27 January 2026
Election results and ETF              Tuesday, 27 January 2026
determination details announced
De-Listing Date:                      Wednesday, 28 January 2026

Before or latest by 11h00am on Thursday, 22 January 2026("the
Closing Date for Elections"), holders of the Notes must elect
which one of the options below they wish to follow. Holders of
the Notes may either contact their financial advisors and
request their financial advisors to inform Standard Bank through
their standing communication channels about their clients'
elections or the holders may elect themselves digitally via
their broker's CSDP which of the following options they wish to
follow:

  1. Option 1: A holder of the Notes may elect not to follow
     Option 2 or Option 3 below, but rather to roll the
     investment into a new Note Stock Code: SBRN82 "SBRN82").
     The index level of SBRN82 will be determined on the
     Valuation Date (15 January 2026) at the Valuation Time,
     which is the same date and time on which the final
     redemption value of SBRN69 will be determined. Due to the
     difference in time zones, holders of the Notes will be
     informed on Friday, 16 January 2026 what the final
     redemption value of SBRN69 is. SBRN82 will be issued on 27
     January 2026 and will be delivered to the relevant holders
     which have elected Option 1 within one week after the
     issuing of SBRN82.

  2. Option 2: A holder of the Notes may elect to receive
     delivery of the 1nvest VANECK GOLD MINERS ETF (such
     participatory interests herein referred to as "the ETFs")
     which the relevant holder bought on the Trade Date of the
     Notes adjusted to be equal to the redemption value of the
     Notes. The ETFs will be delivered to such holder on Tuesday,
     27 January 2026("the Maturity Date").

  3. Option 3: A holder of the Notes may elect not to roll the
     investment into SBRN82 (that is, not to follow Option 1)
     or not to receive delivery of the ETFs on the Maturity Date
     (that is, not to follow Option 2), but may elect to rather
     instruct Standard Bank to sell the ETFs on behalf of the
     holder of the Notes and pay the redemption amount of such
     sale of the ETFs to the holder of the Notes on Tuesday,
     27 January 2026("the Maturity Date") to the account of the
     holder.

  4. If Standard Bank receives no notice from either the
     holder's Independent Financial Advisor or the holder does
     not digitally elect before or by 11h00am on Thursday, 22
     January 2026 Option 1 or Option 2 Standard Bank will assume
     that the holder had elected Option 3 (which is the default
     election) that is, that the holder had instructed Standard
     Bank to sell the ETFs on behalf of such holder and make
     payment of the proceeds of the sale of such ETFs to the
     account of such holder on Tuesday, 27 January 2026("the
     Maturity Date").


After the issue of SBRN82 (Option 1) or delivery of the ETFs
(Option 2), or payment of the sale proceeds of the ETFs (Option
3), Tuesday, 27 January 2026, the Notes (SBRN69) will be de-
listed from the JSE.


Dated: Friday, 09 January 2026


Sponsor – The Standard Bank of South Africa Limited
For further information on the Notes issued please contact:
Johann Erasmus           SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za

Date: 09-01-2026 10:50:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.