THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa Limited Financial Instrument Redemption Announcement - RLN018?

The Standard Bank of South Africa Limited 
Financial Instrument Redemption Announcement - “RLN018”

The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - "RLN018"

Stock Code: RLN018
ISIN Code: ZAE000317210

Declaration of Final Redemption with Election

Noteholders of the listed RLN018 Equity Index Linked Notes ("the
Notes") which are redeeming on Friday, 12 June 2026 are reminded
that:

Last Date to Trade:                   Thursday, 04 June 2026
Valuation Date:                       Friday, 05 June 2026
Valuation Time:                       The time the Index Level is
                                      published on the Valuation
                                      Date
Suspension Date:                      Friday, 05 June 2026
Finalisation Date of Final
Redemption value of RLN018 announced
by 11:00am:                          Monday, 08 June 2026
Closing date for elections:          By 12:00pm, Tuesday, 09
                                     June 2026
Record Date:                         Tuesday, 09 June 2026


Maturity Date (Delivery/Payment):     Friday, 12 June 2026
Election results and ETF              Friday, 12 June 2026
determination details announced by
11:00am:
De-Listing Date:                      Monday, 15 June 2026

Before or latest by 12h00pm on Tuesday, 09 June 2026 ("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 note Stock Code: RLN180 ("RLN180").
     The index level of RLN180 will be determined on 10 June
     2026. Holders of the Notes will be informed on Monday, 08
     June 2026 what the final redemption value of RLN018 is.
     RLN180 will be issued and delivered to the relevant holders
     which have elected Option 1 on Friday, 12 June 2026.

  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 Friday, 12 June 2026 ("the Maturity
     Date").

  3. Option 3: A holder of the Notes may elect not to roll the
     investment into RLN180 (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 Friday, 12
     June 2026 ("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 12h00pm on Tuesday, 09
     June 2026 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 Friday, 12 June 2026 ("the
     Maturity Date").

After the issue of RLN180 (Option 1) or delivery of the ETFs
(Option 2), or payment of the sale proceeds of the ETFs (Option
3), the Notes (RLN018) will be de-listed from the JSE on Monday,
15 June 2026.

Dated: Thursday, 21 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: 21-05-2026 01:20:00
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