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BISTDB - Notification of an update to the Issuer’s ZAR110,000,000,000 Domestic Medium Term Note Programme
THE STANDARD BANK OF SOUTH AFRICA LIMITED
(Incorporated in the Republic of South Africa)
(Registration No. 1962/000738/06)
Issuer Code: BISTDB
("SBSA" or "the Issuer")
NOTIFICATION OF AN UPDATE TO THE ISSUER'S ZAR110,000,000,000 DOMESTIC MEDIUM TERM NOTE PROGRAMME
Noteholders are advised that SBSA has updated the following documents:
• the programme memorandum dated 13 November 2025 (the "Programme Memorandum") relating to its ZAR110,000,000,000
Domestic Medium Term Note Programme (the "Programme"); and
• the Issuer Disclosure Schedule dated 13 November 2025 relating to The Standard Bank of South Africa Limited, which
is incorporated by reference in the Programme Memorandum; and
• the Risk Factors and Other Disclosures Schedule dated 13 November 2025 relating to the Programme, which is incorporated
by reference in the Programme Memorandum.
A summary of the key changes made to the Programme Memorandum are as follows:
• amend the documents incorporated by reference section
• updates to the section of the Programme Memorandum headed "Summary of the Programme" to:
o include the Rating Agency of the Issuer
o Update to the conflict of interest register link
o correct errors of a typographical nature;
o clarify and remove certain definitions;
• amendments to the section of the Programme Memorandum headed "Terms and Conditions of the Notes" to:
o update to the pro-forma pricing supplement
o incorporate, clarify or remove certain definitions as per the Debt and Specialist Securities Listings Requirements
and introduction of the Flac instruments, Flac requirements and Flac standards
o incorporate additional definitions
o incorporate Condition 72(f) Screen rate determination for floating rate notes which reference Zaronia (Recognition
of RSA Bail-in Powers);
o incorporate additional disclosure of RSA Bail-in Powers
o correct errors of a typographical nature;
• updates to include the definition of the JSE DSS Requirements
The amendments to the Programme Memorandum have been approved by the JSE.
The updated programme memorandum, the updated Issuer Disclosure Schedule and the updated Risk Factors and Other Disclosures Schedule, each dated
13 November 2025 are available for inspection on Standard Bank Group Limited's corporate website:
https://reporting.standardbank.com/debt-investors/debt-securities/debt-securities/.
17 November 2025
Johannesburg
Debt Sponsor: The Standard Bank of South Africa Limited (acting through its Corporate and Investment Banking division)
Date: 17-11-2025 08:25:00
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