THE THEKWINI WAREHOUSING CONDUIT (RF) LIMITED - TWC512-New Financial Instrument Listing Announcement

TWC512-New Financial Instrument Listing Announcement

The Thekwini Warehousing Conduit (RF) Limited
Issuer Code: BITT
Stock Codes: TWC512
ISIN Code: ZAG000219916
Date: 15 October 2025

New Financial Instrument Listing Announcement

Authorised Programme size                  ZAR 6 000 000 000
Total notes issued (incl. this issue)      ZAR 2 860 000 000
Total notes issued (excl. this issue)      ZAR 2 606 000 000

Full Note details are as follows:

Designation of Note:                       TWC512
Nominal Issued:                            ZAR 254 000 000
Issue Date                                 16 October 2025
Issue Price:                               7.285% (3m Jibar as at 14 October 2025 plus margin of 31bps)
Coupon Indicator:                          Fixed
Issue Price:                               100%
Maturity Date:                             15 January 2026
Interest Payment Date(s):                  15 January 2026
Books Close:                               9 January 2026 to 15 January 2026
Business Day Convention:                   Following Business Day
Last day to register:                      By 17:00 on 8 January 2026
Interest Commencement Date:                16 October 2025
Rating:                                    P-1.za by Moody's Investors Services
Guarantee/ Credit Enhancement              The Issuer's obligations under the TWC512 Fixed Rate Note is
                                           secured by a limited recourse guarantee issued by The Thekwini
                                           Warehousing Conduit Security SPV (RF) Pty Limited. For information
                                           regarding credit enhancement, please refer to the Programme
                                           Memorandum which can be found at the
                                           http://www.sahomeloans.com/investors


Placement Agent:                           The Standard Bank of South Africa Limited, acting
                                           through its Corporate and Investment Banking
                                           division

Debt Sponsor:                              The Standard Bank of South Africa Limited
Other Provisions:                          As set out in item 65 of the applicable pricing
                                           supplement further information with regards to the
                                           Home Loan Pool please refer to
                                           http://www.sahomeloans.com/investors



Notes will be deposited in the Central Depository ("CSD") and settlement will take place
electronically in terms of JSE Rules.

Further information on the Note issued please contact the Debt Sponsor.

Date: 15-10-2025 02:42:00
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