THE STANDARD BANK OF SOUTH AFRICA LIMITED - SCIB: The Standard Bank Of South Africa- Warrants terms amendment

SCIB: The Standard Bank Of South Africa- Warrants terms amendment

The Standard Bank of South Africa Limited

2025/06/25

ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARD BANK TELKOM SA
SOC LIMITED WARRANTS

Following the TELKOM SA SOC LIMITED ("TKG") announcement of a special dividend of
97.82051c.

Following this announcement, notice is hereby given that the terms of the TKG warrants
will be adjusted to place the warrant holders in the same financial position. The terms
of the warrants shall be determined at the close of business on 08 July 2025.

The following warrants will be affected by this corporate action:

Existing Terms
 ISIN         JSE Code Exercise Price Conversion Ratio Expiry   Exercise Style
 ZAE000343976 TKGSBG          R40.00               21 20-Feb-26 American Call
New Terms
 ISIN         JSE Code Exercise Price Conversion Ratio Expiry   Exercise Style
 ZAE000343976 TKGSBG             TBA              TBA 20-Feb-26 American Call

The Effective Date of the adjustment shall be 09 July 2025.

This Notice together with the Common Terms Document and Conditions Annexure
record the terms and conditions of the agreement between the Parties. Any terms used
in this Notice which are defined in the Common Terms Document, Conditions Annexure
and the relevant Supplements shall bear the meaning ascribed to them therein, unless
specifically stated otherwise herein. Other than as set out herein, the terms and
conditions set out in the Common Terms Document, Conditions Annexure and relevant
Supplements remain unchanged and in full force and effect.

Please note that Share Instalments are subject to selling restrictions and prospective
purchases are referred to the relevant Conditions Annexure for details of such
restrictions.

For further information contact:
Standard Bank
Warrants
Tel 0800 111 780
Email: derivatives@standardbank.co.za
Issuer: The Standard Bank of South Africa Limited
Sponsor: SBG Securities (Pty) Ltd
(A subsidiary of the Standard Bank Group Limited)
(Incorporated in the Republic of South Africa, 13 March 1962, Registration number
1972/008305/07)

Date: 25-06-2025 11:25:00
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