THE THEKWINI FUND 17 (RF) LIMITED - TKWI17 - Notice of redemption on 23 February 2026 of the Class A, B, C and D Notes

TKWI17 - Notice of redemption on 23 February 2026 of the Class A, B, C and D Notes

The Thekwini Fund 17 (RF) Limited
(incorporated with limited liability in the Republic of South
Africa)
(Registration number: 2020/916910/06)
Issuer Code: TKWI17

Instrument   Code:   T17A14   ISIN:   ZAG000202896
Instrument   Code:   T17A21   ISIN:   ZAG000174988
Instrument   Code:   T17A22   ISIN:   ZAG000181447
Instrument   Code:   T17A23   ISIN:   ZAG000185935
Instrument   Code:   T17A31   ISIN:   ZAG000174921
Instrument   Code:   T17A32   ISIN:   ZAG000181488
Instrument   Code:   TH17B1   ISIN:   ZAG000174913
Instrument   Code:   TH17B2   ISIN:   ZAG000181470
Instrument   Code:   TH17B3   ISIN:   ZAG000185950
Instrument   Code:   TH17C1   ISIN:   ZAG000174905
Instrument   Code:   TH17C2   ISIN:   ZAG000181454
Instrument   Code:   TH17C3   ISIN:   ZAG000185968
Instrument   Code:   TH17D1   ISIN:   ZAG000174889
Instrument   Code:   TH17D2   ISIN:   ZAG000181462
Instrument   Code:   TH17D3   ISIN:   ZAG000185976

NOTICE OF REDEMPTION BY THE ISSUER ON 23 FEBRUARY 2026 OF EACH OF THE CLASS A NOTES, THE CLASS B NOTES, 
THE CLASS C NOTES AND THE CLASS D NOTES ISSUED BY THE ISSUER UNDER THE ZAR5,000,000,000 ASSET BACKED NOTE 
PROGRAMME OF THE ISSUER

Notice is hereby given that the Issuer shall, on 23 February 2026, redeem the Outstanding Principal Amount under:

  •   R 421 157 418.00 Class A1 Secured Floating Rate Notes due 21 February 2056 (the Class A1 Notes) (ISIN No.
      ZAG000202896; Bond Exchange Listing Code T17A14);


  •   R 936 000 000.00 Class A2 Secured Fixed Rate Notes due 21 February 2056 (the Class A21 Notes) (ISIN No.
      ZAG000174988; Bond Exchange Listing Code T17A21);


  •   R 1 005 000 000.00 Class A2 Secured Floating Rate Notes due 21 February 2056 (the Class A22 Notes) (ISIN No.
      ZAG000181447; Bond Exchange Listing Code T17A22);


  •   R 364 000 000.00 Class A2 Secured Floating Rate Notes due 21 February 2056 (the Class A23 Notes) (ISIN No.
      ZAG000185935; Bond Exchange Listing Code T17A23);

  •   R 120 000 000.00 Class A3 Secured Fixed Rate Notes due 21 February 2056 (the Class A31 Notes) (ISIN No.
      ZAG000174921; Bond Exchange Listing Code T17A31);

  •   R 246 000 000.00 A3 note Secured Floating Rate Notes due 21 February 2056 (the Class A32 Notes) (ISIN No.
      ZAG000181488; Bond Exchange Listing Code T17A32);

  •   R 107 000 000.00 Class B1 Secured Floating Rate Notes due 21 February 2056 (the Class B1 Notes) (ISIN No.
      ZAG000174913; Bond Exchange Listing Code TH17B1);

  •   R 125 000 000.00 Class B2 Secured Floating Rate Notes due 21 February 2056 (the Class B2 Notes) (ISIN No.
      ZAG000181470; Bond Exchange Listing Code TH17B2);

  •   R 35 000 000.00 Class B3 Secured Floating Rate Notes due 21 February 2056 (the Class B3 Notes) (ISIN No.
      ZAG000185950; Bond Exchange Listing Code TH17B3);

  •   R 80 000 000.00 Class C1 Secured Floating Rate Notes due 21 February 2056 (the Class C1 Notes) (ISIN No.
      ZAG000174905; Bond Exchange Listing Code TH17C1);

  •   R 90 000 000.00 Class C2 Secured Floating Rate Notes due 21 February 2056 (the Class C2 Notes) (ISIN No.
      ZAG000181454; Bond Exchange Listing Code TH17C2);

  •   R 30 000 000.00 Class C3 Secured Floating Rate Notes due 21 February 2056 (the Class C3 Notes) (ISIN No.
      ZAG000185968; Bond Exchange Listing Code TH17C3);

  •   R 74 000 000.00 Class D1 Secured Floating Rate Notes due 21 February 2056 (the Class D1 Notes) (ISIN No.
      ZAG000174889; Bond Exchange Listing Code TH17D1);

  •   R 82 000 000.00 Class D2 Secured Floating Rate Notes due 21 February 2056 (the Class D2 Notes) (ISIN No.
      ZAG000181462; Bond Exchange Listing Code TH17D2); and

  •   R 28 000 000.00 Class D3 Secured Floating Rate Notes due 21 February 2056 (the Class D3 Notes) (ISIN No.
      ZAG0001859760; Bond Exchange Listing Code TH17D3),


(collectively, the "Notes"), which Notes were issued under the Issuer's ZAR5,000,000,000 asset backed note programme
established in terms of a programme memorandum dated on or about 11 March 2021 and amended, novated from time to time
("Programme Memorandum").

The Notes shall be redeemed on 23 February 2026, being the Coupon Step-Up Date of each of the Class A Notes, the Class B
Notes, the Class C Notes and the Class D Notes respectively.

Capitalised terms and expressions used in this notice, and not otherwise defined herein, shall have the meanings assigned to
such terms and expressions in the Programme Memorandum.

Johannesburg
26 January 2026


Debt Sponsor
The Standard Bank of South Africa Limited

Date: 26-01-2026 04:18:00
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