THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa Limited Financial Instrument Final Redemption Announcement - SBEN14?

The Standard Bank of South Africa Limited
Financial Instrument Final Redemption Announcement - “SBEN14”

The Standard Bank of South Africa Limited
Financial Instrument Final Redemption Announcement - "SBEN14"

Stock Code: SBEN14
ISIN Code: ZAE000319133


Final Redemption with Election

Holders of the listed SBEN Equity Index Linked Notes ("the
Notes") which are redeeming on 17 February 2026 are reminded
that:

Valuation Date:                       Tuesday, 10 February 2026
Last Date to Trade:                   Wednesday,11      February
                                      2026
Valuation Rate Announcement by 13:00: Thursday, 12 February 2026
Valuation Time:                       The time the Index Level
                                      is   published    on   the
                                      Valuation Date
Suspension Date:                      Thursday, 12 February 2026
Record Date:                          Monday, 16 February 2026
Closing date for elections by 12:00: Monday, 16 February 2026
Maturity Date (Delivery/Payment):     Tuesday, 17 February 2026
De-Listing Date:                      Wednesday,   18   February
                                      2026

Before or latest on Monday, 16 February 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 to receive
     delivery of the 1nvest MSCI World Index ETFs (ISIN:
     ZAE000255170) 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 17 February 2026 ("the Maturity Date").

  2. Option 2: A holder of the Notes may elect 1) not to receive
     delivery of the ETFs on the Maturity Date (that is, not to
     follow Option 1), 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 17 February 2026 ("the Maturity
     Date") to the account of the holder. If Standard Bank
     receives no notice from either the holder's Independent
    Financial Advisor or the holder does not digitally elect
    before or on 16 February 2026 Option 1 or Option 2 Standard
    Bank will assume that the holder had elected Option 2 (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 17 February 2026
    ("the Maturity Date").

    After the delivery of the ETFs (Option 1) or payment of the
    sale proceeds of the ETFs (Option 2) on 17 February 2026,
    the Notes (SBEN14) will be de-listed from the JSE.

Dated: Friday, 06 February 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: 06-02-2026 11:40:00
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