BNP PARIBAS ISSUANCE B.V. - ZA408 - Issue of ZAR 1,200,000,000 Share Securities due 13 December 2030

ZA408 - Issue of ZAR 1,200,000,000 Share Securities due 13 December 2030

BNP Paribas Issuance B.V (incorporated in the Netherlands on 10
November 1989)
Structured Product Issuer Code: BNPPP

Guarantor: BNP Paribas (incorporated in France on 23 May 2000)

Stock Code: ZA408
ISIN Code: ZAE000353611
Dated: 11 December 2025

Issue of ZAR 1,200,000,000 Share Securities due 13 December 2030

The JSE Limited has granted a listing to BNP Paribas Issuance B.V. – ZA408 Share Securities due 13 December 2030, under its
Note, Warrant and Certificate Programme dated 27 May 2025 (read with the JSE Placement Document dated 1 September 2016) as
supplemented from time to time, effective 12 December 2025.

Authorised Programme size      Unlimited
Total securities issued        ZAR 26 121 947 336

Full Note details are as follows:

Nominal Issued:                 ZAR 1,200,000,000
Issue Price:                    ZAR 1,000 per Certificate
Type of Securities:             Share
                                Securities

Underlying Entity(ies):         AXA SA
                                China Mobile Ltd
                                Verizon Communications Inc
                                PetroChina Co Ltd
                                Engie SA
                                China   Petroleum   and  Chemical
                                Corp
                                Eni SpA
                                Takeda Pharmaceutical Co Ltd
                                Repsol SA
                                Intesa Sanpaolo SpA
                                BNP Paribas SA
                                Simon Property Group Inc
                                Aegon Ltd
                                Target Corp
                                Best Buy Co Inc
                                Partners Group Holding AG
                                Trade Desk Inc
                                Bank of China Ltd
                                Enel SpA
                                TotalEnergies SE

Finalisation Date:             By 11:00 Friday, 06 December 2030
Last day to trade:             Monday, 09 December 2030
Suspension Date:               Tuesday, 10 December 2030
Record Date:                   Thursday, 12 December 2030
Maturity Date:                 Friday, 13 December 2030
Termination Date:              Tuesday, 17 December 2030

Copies of the Final Terms are available on request, at the following email address: DL.BNPP.Solutions.MEA@bnpparibas.com


Copies of the Base Prospectus and the JSE Placement Document are available on the Issuer's website at: https://rates-
globalmarkets.bnpparibas.com/documents/legaldocs/resourceindex.htm


Placement Agent:                   BNP Paribas Financial Markets
S.N.C. (formerly known as BNP Paribas Arbitrage S.N.C.)

Settlement will take place electronically in terms of JSE Rules.

For further information on the Securities issued please contact:
Brett Dugmore        BNP               Tel: +44 207 595 9636

Sponsor: The Standard Bank of South Africa Limited, acting through its Corporate and Investment Banking division

Date: 11-12-2025 12:30:00
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.