THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa Limited Financial Instrument Redemption Announcement - RLN013?

The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - “RLN013”

The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - "RLN013"

Stock Code: RLN013
ISIN Code: ZAE000316717

Final Redemption

Noteholders of RLN013 have elected to early redeem the listed
RLN013 Equity Index Linked Notes ("the Notes") with early
redemption on 24 November 2025 are reminded that:

Valuation Date:                       Monday, 17 November 2025
Valuation Time:                       The time the Index Level is
                                      published on the Valuation
                                      Date
Last Date to Trade:                   Tuesday, 18 November 2025
Finalisation Date of Final
Redemption value of RLN013 announced
by 11:00am:                          Tuesday, 18 November 2025
Notification Date of whether
RLN013 may or may not de-list:       Tuesday, 18 November 2025
Suspension Date:                     Wednesday, 19 November
                                     2025
Record Date:                         Friday, 21 November 2025
Closing date for elections:          By 11:00am, Friday, 21
                                     November 2025
Maturity Date (Delivery/Payment):    Monday, 24 November 2025
Election results and ETF             Monday, 24 November 2025
determination details announced
De-Listing Date:                     Tuesday, 25 November 2025

Before or latest by 11h00am on Friday, 21 November 2025 ("the
Closing Date for Elections"), holders of the Notes must elect
which one of the options below they wish to follow. Holders of
the Notes may either contact their financial advisors and
request their financial advisors to inform Standard Bank through
their standing communication channels about their clients'
elections or the holders may elect themselves digitally via
their broker's CSDP which of the following options they wish to
follow:

  1. Option 1: A holder of the Notes may elect not to follow
     Option 2 or Option 3 below, but rather to roll the
     investment into a new Capital Escalator Note Stock Code:
     RLN159 "RLN159"). The index level of RLN159 will be
     determined on the Valuation Date (17 November 2025) at the
     Valuation Time, which is the same date and time on which
     the final redemption value of RLN013 will be determined.
     Due to the difference in time zones, holders of the Notes
     will be informed on Tuesday, 18 November 2025 what the
     final redemption value of RLN013 is. RLN159 will be issued
     on 24 November 2025 and will be delivered to the relevant
     holders which have elected Option 1 within one week after
     the issuing of RLN159.

  2. Option 2: A holder of the Notes may elect to receive
     delivery   of  the  1nvest   TOP40  ETF   (ETFT40)  ISIN:
     ZAE000279212(such participatory interests herein referred
     to as "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. The ETFs will be delivered
     to such holder on Monday, 24 November 2025 ("the Maturity
     Date").

  3. Option 3: A holder of the Notes may elect not to roll the
     investment into RLN159 (that is, not to follow Option 1)
     or not to receive delivery of the ETFs on the Maturity Date
     (that is, not to follow Option 2), but may elect to rather
     instruct Standard Bank to sell the ETFs on behalf of the
     holder of the Notes and pay the redemption amount of such
     sale of the ETFs to the holder of the Notes on      Monday,
     24 November 2025 ("the Maturity Date") to the account of
     the holder.

  4. If Standard Bank receives no notice from either the
     holder's Independent Financial Advisor or the holder does
     not digitally elect before or by 11h00am on Friday,
     21 November 2025 Option 1 or Option 2 Standard Bank will
     assume that the holder had elected Option 3 (which is the
     default election) that is, that the holder had instructed
     Standard Bank to sell the ETFs on behalf of such holder and
     make payment of the proceeds of the sale of such ETFs to
     the account of such holder on Monday, 24 November 2025
     ("the Maturity Date").

After the issue of RLN159 (Option 1) or delivery of the ETFs
(Option 2), or payment of the sale proceeds of the ETFs (Option
3), Tuesday, 25 November 2025, the Notes (RLN013) will be de-
listed from the JSE.

Dated: Tuesday, 04 November 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: 04-11-2025 04:20:00
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