THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa Limited Financial Instrument Final Redemption Announcement - SBRN35?

The Standard Bank of South Africa Limited
Financial Instrument Final Redemption Announcement - “SBRN35”

The Standard Bank of South Africa Limited
Financial Instrument Final Redemption Announcement - "SBRN35"


Stock Code: SBRN35
ISIN Code: ZAE000316477


Final Redemption SBRN35


Holders of the listed SBRN35 Index Linked Notes ("the Notes")
which are redeeming on 22 May 2026 are informed that the final
level of the index was determined and calculated as 232.45 and
the final level of the FX was determined and calculated as ZAR
16.6885/USD1 on Friday, 15 May 2026.


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 22 May 2026).

  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 22 May 2026 an amount of 56 288 South
     African cents per 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 Tuesday, 19 May 2026, option 2 will apply by
     default.

  4. After the delivery of the ETFs (Option 1) on 22 May 2026
     or payment of the sale proceeds of the ETFs (Option 2) on
     22 May 2026, the Notes (SBRN35) will be de-listed from the
     JSE on Monday, 25 May 2026.


Dated: Monday, 18 May 2026


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: 18-05-2026 02:40:00
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