THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa Limited Financial Instrument Redemption Announcement - SBEN39?

The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - “SBEN39”

The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - "SBEN39"

Stock Code: SBEN39
ISIN Code: ZAE000336624

Final Redemption SBEN39

Holders of the listed SBEN39 Equity Index Linked Notes ("the
Notes") which are redeeming on 26 June 2025 are informed that
the level of the index was determined and calculated on 19 June
2025 as 484.1164.

Following this determination and calculation holders of the
Notes are advised as follows:

1. Option 1: Holders who elected to receive delivery of 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, will receive the relevant ETFs (allocated to their
   accounts on 26 June 2025).

2. Option 2: Holders who elected not to receive delivery of the
   ETFs on the Maturity Date (that is, not to follow Option 1),
   but elected to instruct Standard Bank to sell the ETFs on
   behalf of the holders of the Notes and pay the redemption
   amount of such sale of the ETFs to the holder of the Notes,
   will receive on 26 June 2025 an amount per Note that will be
   determined and published by 11:00am on Monday 23 June 2025
   equivalent to the value of the relevant ETFs held by them on
   the Record Date.

3. Holders who did not make an election from options 1 to 2 by
   12:00pm on 18 June 2025, option 2 will apply by default.

4. After the delivery of the ETFs (Option 1) on 26 June 2025 or
   payment of the sale proceeds of the ETFs (Option 2) on 26
   June 2025, the Notes (SBEN39) will be de-listed from the JSE
   on 27 June 2025.


Dated: Friday, 20 June 2025


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: 20-06-2025 12:15:00
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