Thwk16-Partial Redemption and Interest Payments The Thekwini Fund 16 (RF) Limited (incorporated with limited liability in the Republic of South Africa) (Registration number: 2018/418593/06) Instrument Code: T16OM1 ISIN: ZAG000161720 Instrument Code: T16OM2 ISIN: ZAG000170119 Instrument Code: T16OM3 ISIN: ZAG000172578 Instrument Code: TH16A1 ISIN: ZAG000161662 Instrument Code: TH16A2 ISIN: ZAG000161670 Instrument Code: TH16A3 ISIN: ZAG000161688 Instrument Code: TH16A4 ISIN: ZAG000170036 Instrument Code: TH16A5 ISIN: ZAG000170044 Instrument Code: TH16A7 ISIN: ZAG000172487 Instrument Code: TH16A8 ISIN: ZAG000172495 Instrument Code: TH16A9 ISIN: ZAG000172511 Instrument Code: TH16B1 ISIN: ZAG000161696 Instrument Code: TH16B2 ISIN: ZAG000170051 Instrument Code: TH16B3 ISIN: ZAG000172537 Instrument Code: TH16C1 ISIN: ZAG000161704 Instrument Code: TH16C2 ISIN: ZAG000170069 Instrument Code: TH16C3 ISIN: ZAG000172552 Instrument Code: TH16D1 ISIN: ZAG000161712 Instrument Code: TH16D2 ISIN: ZAG000170077 Instrument Code: TH16D3 ISIN: ZAG000172560 Capital Redemption and Interest Payable Announcement In accordance with the Terms and Conditions of The Thekwini Fund 16 (RF) Ltd notes, relevant noteholders are advised of the below capital redemption effective Monday, 23 May 2022. Partial Redemption Amount Capital Outstanding Stock Code ISIN Redemption after Capital Amount Redemption T16OM4 ZAG000178898 R101 274 408.00 R18 277 410.00 The interest payable to the Noteholders for The Thekwini Fund 16 (RF) Limited on Monday, 23 May 2022 is as follows: Total Interest Amount in Instrument Interest respect of Interest Rate % Aggregate Code Payment Date Nominal Amount (R) T16OM1 23-May-22 5.08% 0.00 T16OM2 23-May-22 5.14% 0.00 T16OM3 23-May-22 4.94% 0.00 TH16A1 23-May-22 5.45% 6 306 993.10 TH16A2 23-May-22 5.64% 14 094 488.88 *TH16A3 23-May-22 8.49% 0.00 TH16A4 23-May-22 5.68% 9 845 427.12 TH16A5 23-May-22 5.69% 5 122 955.95 TH16A7 23-May-22 5.44% 2 157 268.44 TH16A8 23-May-22 5.66% 5 166 536.22 TH16A9 23-May-22 5.76% 0.00 TH16B1 23-May-22 5.88% 1 026 529.86 TH16B2 23-May-22 6.24% 700 301.10 TH16B3 23-May-22 6.26% 405 914.85 TH16C1 23-May-22 6.19% 802 754.63 TH16C2 23-May-22 6.67% 548 931.95 TH16C3 23-May-22 6.54% 309 893.64 TH16D1 23-May-22 8.34% 998 297.42 TH16D2 23-May-22 9.19% 1 008 349.81 TH16D3 23-May-22 8.69% 455 079.78 *Fixed note interest is paid semi-annually. 17-May-22 Debt Sponsor The Standard Bank of South Africa Limited Date: 17-05-2022 12:39:00 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.