THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa Limited Financial Instrument Redemption Announcement - RLN028?

The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - “RLN028”

The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - "RLN028"


Stock Code: RLN028
ISIN Code: ZAE000319554


Final Redemption with Election


Noteholders of RLN028 have elected to early redeem the listed
RLN028 Equity Index Linked Notes ("the Notes") with early
redemption on 05 March 2026 are reminded that:


Valuation Date:                       Monday, 23 February 2026
Valuation Time:                       The time the Index Level is
                                      published on the Valuation
                                      Date
Finalisation Date of Final
Redemption value of RLN028 announced
by 11:00am:                          Tuesday, 24 February 2026
Notification Date of whether
RLN028 may or may not de-list:       By 11:00am, Wednesday, 25
                                     February 2026
Last Date to Trade:                  Wednesday, 25 February
                                     2026
Suspension Date:                     Thursday, 26 February 2026
Closing date for elections:          By 11:00am, Monday, 02
                                     March 2026
Record Date:                         Monday, 02 March 2026
Maturity Date (Delivery/Payment):    Thursday, 05 March 2026
Election results and ETF             Thursday, 05 March 2026
determination details announced
De-Listing Date:                     Friday, 06 March 2026


Before or latest by 11h00am on Wednesday, 02 March 2026("the
Closing Date for Elections"), holders of the Notes must elect
which one of the options below they wish to follow. Holders of
the Notes may either contact their financial advisors and
request their financial advisors to inform Standard Bank through
their standing communication channels about their clients'
elections or the holders may elect themselves digitally via
their broker's CSDP which of the following options they wish to
follow:

  1. Option 1: A holder of the Notes may elect not to follow
     Option 2 or Option 3 below, but rather to roll the
     investment into a new Note Stock Code: RLN167 "RLN167").
     The index level of RLN167 will be determined on the
     Valuation Date (02 March 2026) at the Valuation Time, which
     is the same date and time on which the final redemption
     value of RLN028 will be determined. Due to the difference
     in time zones, holders of the Notes will be informed on
     Tuesday, 24 February 2026 what the final redemption value
     of RLN028 is. RLN0167 will be issued on 05 March 2026 and
     will be delivered to the relevant holders which have
     elected Option 1 within one week after the issuing of
     RLN167.

  2. Option 2: A holder of the Notes may elect to receive
     delivery of the 1nvest Top40 ETF (such participatory
     interests herein referred to as "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.
     The ETFs will be delivered to such holder on Thursday, 05
     March 2026("the Maturity Date").

  3. Option 3: A holder of the Notes may elect not to roll the
     investment into RLN167 (that is, not to follow Option 1)
     or not to receive delivery of the ETFs on the Maturity Date
     (that is, not to follow Option 2), but may elect to rather
     instruct Standard Bank to sell the ETFs on behalf of the
     holder of the Notes and pay the redemption amount of such
     sale of the ETFs to the holder of the Notes on Thursday,
     05 March 2026("the Maturity Date") to the account of the
     holder.

  4. If Standard Bank receives no notice from either the
     holder's Independent Financial Advisor or the holder does
     not digitally elect before or by 11h00am on Monday, 02
     March 2026 Option 1 or Option 2 Standard Bank will assume
     that the holder had elected Option 3 (which is the default
     election) that is, that the holder had instructed Standard
     Bank to sell the ETFs on behalf of such holder and make
     payment of the proceeds of the sale of such ETFs to the
     account of such holder on    Thursday, 05 March 2026("the
     Maturity Date").


After the issue of RLN167 (Option 1) or delivery of the ETFs
(Option 2), or payment of the sale proceeds of the ETFs (Option
3), Thursday, 05 March 2026, the Notes (RLN028) will be de-
listed from the JSE.


Dated: Friday, 13 February 2026

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: 13-02-2026 07:15:00
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