BNP PARIBAS ISSUANCE B.V. - ZA428 - Issue of ZAR 20,000,000 Index Securities due 19 March 2031

ZA428 - Issue of ZAR 20,000,000 Index Securities due 19 March 2031

BNP Paribas Issuance B.V (incorporated in the Netherlands on 10
November 1989)

Issuer Code : BNPPP

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

Stock Code: ZA428
ISIN Code: ZAE000356606
Dated: 18 March 2026

Issue of ZAR 20,000,000 Index Securities due 19 March 2031

The JSE Limited has granted a listing to BNP Paribas Issuance B.V. – ZA428 Index Securities due 19 March 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 19 March 2026.

Authorised Programme size      Unlimited
Total securities issued        ZAR27,316,947,336

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
                                S&P 500 Index®
                                Shanghai Shenzhen CSI 300 Index
Valuation Date:                 Wednesday, 5 March 2031
Finalisation Date:              By 11:00, Wednesday, 12 March 2031
Last day to trade:              Thursday, 13 March 2031
Suspension Date:                Friday, 14 March 2031
Record Date:                    Tuesday, 18 March 2031
Maturity Date:                  Wednesday, 19 March 2031
Termination Date:               Thursday, 20 March 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

Debt Sponsor: The Standard Bank of South Africa Limited

Date: 18-03-2026 09:55:00
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