Redemption Notice - SBK18 and SBK24 THE STANDARD BANK OF SOUTH AFRICA LIMITED (REGISTRATION NUMBER 1962/000738/06) Issuer Code: BISTDB Stock Code: SBK24 ISIN Code: ZAG000130584 Stock Code: SBK18 ISIN Code: ZAG000100827 Stock Code: SBK24 ISIN Code: ZAG000130584 Redemption of ZAR 880,000,000 Subordinated Unsecured Tier 2 Notes due 19 October 2025 On 19 October 2015, The Standard Bank of South Africa Limited (“Standard Bank”) issued ZAR 880,000,000 Subordinated Unsecured Tier 2 Notes due 19 October 2025(the “SBK24 Notes”). The SBK24 Notes are subject to the terms and conditions contained in the Programme Memorandum dated 25 November 2014 (the “Programme Memorandum”) as read together with the Applicable Pricing Supplement issued in respect of the SBK24 Notes dated 19 October 2015 (the “Applicable Pricing Supplement”). In terms of the Applicable Pricing Supplement, the maturity date of the SBK24 Notes is 19 October 2025, unless redeemed early at the option of Standard Bank on 19 October 2020, subject to the prior written approval of the Prudential Authority. Pursuant to Condition 50(a) of the Applicable Pricing Supplement and having obtained the requisite prior written approval from the Prudential Authority, Standard Bank hereby gives notice that it shall redeem the SBK24 Notes on 19 October 2020 at 100% of the aggregate nominal amount thereof, together with any interest accrued thereon up until that date. Last Day to Register By 17h00 on Thursday, 08 October 2020 Books Closed Friday, 09 October 2020 Payment Day Monday, 19 October 2020 Stock Code: SBK18 ISIN Code: ZAG000100827 On 24 October 2012, The Standard Bank of South Africa Limited (“Standard Bank”) issued ZAR 3,500,000,000 Subordinated Unsecured Tier 2 Notes due 24 October 2025(the “SBK18 Notes”). The SBK18 Notes are subject to the terms and conditions contained in the Programme Memorandum dated 20 August 2012 (the “Programme Memorandum”) as read together with the Applicable Pricing Supplement issued in respect of the SBK18 Notes dated 19 October 2012 (the “Applicable Pricing Supplement”). In terms of the Applicable Pricing Supplement, the maturity date of the SBK18 Notes is 24 October 2025, unless redeemed early at the option of Standard Bank on 24 October 2020, subject to the prior written approval of the Prudential Authority. Pursuant to Condition 50(a) of the Applicable Pricing Supplement and having obtained the requisite prior written approval from the Prudential Authority, Standard Bank hereby gives notice that it shall redeem the SBK18 Notes on 24 October 2020 at 100% of the aggregate nominal amount thereof, together with any interest accrued thereon up until that date. Last Day to Register By 17h00 on Tuesday, 13 October 2020 Books Closed Wednesday, 14 October 2020 Payment Day Monday, 26 October 2020 Dated 14 September 2020 For further information contact: Standard Bank Jan Brits Email: jan.brits2@standardbank.co.za Debt Sponsor: Standard Bank Date: 14-09-2020 07:35:00 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.