THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa Limited Financial Instrument Redemption Announcement - SBRN15?

The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - “SBRN15”

The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - "SBRN15"

Stock Code: SBRN15
ISIN Code: ZAE000303343

Final Redemption SBRN15

Holders of the listed SBRN15 Equity Index Linked Notes ("the
Notes") which are redeeming on Monday, 07 April 2025 are informed
that the level of the index was determined and calculated on
Monday, 31 March 2025 as 197.15 and the FX Final Level was
determined    and    calculated    on   31    March    2025    as
ZAR18.3661/USD1.00.

Following this determination and calculation holders of the
Notes are advised as follows:


1. Option 1: Holders who elected to receive delivery of 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, will receive the relevant ETFs (allocated to their
   accounts on 07 April 2025). The holders will receive 69.951
   1nvest MSCI World Index Feeder ETF per Note (ISIN
   ZAE000255170) allocated to their custody accounts on 07 April
   2025.

2. Option 2: Holders who elected not to receive delivery of the
   ETFs on the Maturity Date (that is, not to follow Option 1),
   but elected to instruct Standard Bank to sell the ETFs on
   behalf of the holders of the Notes and pay the redemption
   amount of such sale of the ETFs to the holder of the Notes,
   will receive on 07 April 2025 an amount of 674 747.00 South
   African cents per the Note equivalent to the value of the
   relevant ETFs held by them on the Record Date.

3. Holders who did not make an election from options 1 to 2 by
   12:00pm on 28 March 2025, option 2 will apply by default.

4. After the delivery of the ETFs (Option 1) on 07 April 2025 or
   payment of the sale proceeds of the ETFs (Option 2) on 07
   April 2025, the Notes (SBRN15) will be de-listed from the JSE
   on Tuesday, 08 April 2025.


Dated: Tuesday, 01 April 2025


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: 01-04-2025 01:20:00
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