THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa Limited Financial Instrument Redemption Announcement - SBRN26?

The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - “SBRN26”

The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - "SBRN26"

Stock Code: SBRN26
ISIN Code: ZAE000310207

Final Redemption SBRN26

Holders of the listed SBRN26 Equity Index Linked Notes ("the
Notes") which are redeeming on 21 October 2025 are informed that
the final level of the index was determined and calculated on
14 October 2025 as 9302.35. The final FX level was determined
and calculated on 14 October 2025 as ZAR23.0704.

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 21 October 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 21 October 2025 an amount of 725 469 South
   African cents per the Note 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 20 October 2025, option 2 will apply by default.

4. After the delivery of the ETFs (Option 1) on 21 October 2025
   or payment of the sale proceeds of the ETFs (Option 2) on
   21 October 2025, the Notes (SBRN26) will be de-listed from
   the JSE on 22 October 2025.


Dated: 15 October 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: 15-10-2025 01:00:00
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