SCIB: The Standard Bank Of South Africa - NPN share installment terms adjustment The Standard Bank of South Africa Limited 2021/08/02 Following the NASPERS LTD - N SHS (“NPN”) announcement relating to the voluntary share exchange of PROSUS NV (“PRX”), NASPERS LTD - N SHS shareholders are entitled to exchange their NPN ordinary shares for new ordinary shares N in the new capital of Prosus.. The last day to trade NPN to participate in the exchange offer is Tuesday 10 August 2021 Following this announcement, notice is hereby given that the terms of the NPN share instalments will be adjusted to place the share instalment holders in the same financial position as they would have been in prior to the tender offer. The share installments will trade as a basket of NPN & PRX. With a ratio of 0.524108 NPN and 1.082384 PRX shares on the morning of the 17th August 2021 The following share instalments will be affected by this corporate action: ISIN JSE Code Exercise Price Conversion Ratio Expiry Exercise Style ZAE000291951 NPNSTA R 2,300.00 1 05-Oct-21 European Call The Effective Date of the adjustment shall be 17th August 2021. This Notice together with the Common Terms Document and Conditions Annexure record the terms and conditions of the agreement between the Parties. Any terms used in this Notice which are defined in the Common Terms Document, Conditions Annexure and the relevant Supplements shall bear the meaning ascribed to them therein, unless specifically stated otherwise herein. Other than as set out herein, the terms and conditions set out in the Common Terms Document, Conditions Annexure and relevant Supplements remain unchanged and in full force and effect. Please note that Share Instalments are subject to selling restrictions and prospective purchases are referred to the relevant Conditions Annexure for details of such restrictions For further information contact: Standard Bank Warrants Tel 0800 111 780 Email: derivatives@standardbank.co.za Issuer: The Standard Bank of South Africa Limited Sponsor: SBG Securities (Pty) Ltd (A subsidiary of the Standard Bank Group Limited) (Incorporated in the Republic of South Africa, 13 March 1962, Registration number 1972/008305/07) . Date: 16-08-2021 10:30:00 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.