BNP PARIBAS ISSUANCE B.V. - Za417 - Issue of ZAR 20,000,000 Index Securities due 12 December 2031

Za417 - Issue of ZAR 20,000,000 Index Securities due 12 December 2031

BNP Paribas Issuance B.V (incorporated in the Netherlands on 10
November 1989)
Structured Product Issuer Code: BNPPP

Guarantor: BNP Paribas (incorporated in France on 23 May 2000)

Stock Code: ZA417
ISIN Code: ZAE000355061
Dated: 11 December 2025

Issue of ZAR 20,000,000 Index Securities due 12 December 2031

The JSE Limited has granted a listing to BNP Paribas Issuance B.V. – ZA417 Index Securities due 12 December 2031, under its
Note, Warrant and Certificate Programme dated 27 May 2025 (read with the JSE Placement Document dated 1 September 2016) as
supplemented from time to time, effective 12 December 2025.

Authorised Programme size      Unlimited
Total securities issued        ZAR 26 121 947 336

Full Note details are as follows:

Nominal Issued:                 ZAR 20,000,000
Issue Price:                    ZAR 1,000 per Certificate
Type of Securities:             Index
                                Securities

Underlying Entity(ies):         EURO STOXX 50 Index
                                Hang Seng Index
                                S&P 500 Index®

Valuation Date:                Friday, 28 November 2031
Finalisation Date:             By 11:00 Friday, 05 December 2031
Last day to trade:             Monday, 08 December 2031
Suspension Date:               Tuesday, 09 December 2031
Record Date:                   Thursday, 11 December 2031
Maturity Date:                 Friday, 12 December 2031
Termination Date:              Monday, 15 December 2031

Copies of the Final Terms are available on request, at the following email address: DL.BNPP.Solutions.MEA@bnpparibas.com
Copies of the Base Prospectus and the JSE Placement Document are available on the Issuer's website at:   https://rates-
globalmarkets.bnpparibas.com/documents/legaldocs/resourceindex.htm


Placement Agent:                   BNP Paribas Financial Markets
S.N.C. (formerly known as BNP Paribas Arbitrage S.N.C.)

Settlement will take place electronically in terms of JSE Rules.

For further information on the Securities issued please contact:
Brett Dugmore        BNP               Tel: +44 207 595 9636

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

Date: 11-12-2025 12:07:00
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