THE STANDARD BANK OF SOUTH AFRICA LIMITED - Financial Instrument Redemption Announcement - SBRN41?

Financial Instrument Redemption Announcement - “SBRN41”

The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - “SBRN41”


Stock Code: SBRN41
ISIN Code: ZAE000322079


SBRN41 Final Redemption / SRN010 Issuance


Holders of the listed SBRN41 Equity Index Linked Notes (“the
Notes”) which are redeeming on 19 November 2026 are informed
that the final level of the index and was determined and
calculated on 12 November 2026 as 7592.4 and the final FX level
was determined and calculated on 12 November 2026 as
USD1/ZAR16.7600.


Following this determination and calculation holders of the
Notes are advised as follows:


1.   Option 1: Holders who elected not to follow Option 2 or
     Option 3 mentioned in the SENS Announcement of 28 October
     2026, but rather to roll their investment in SBRN41 Notes
     into a new note with Note Stock Code: SRN010 with ISIN Code:
     ZAE000372041 (“SRN010”), the level of the Index will be
     determined on 16 November 2026.


2.   Option 2: Holders who elected to receive delivery of the
     ETFs, will receive the relevant ETFs (allocated to their
     accounts on 19 November 2026).


3.   Option 3: Holders who elected not to roll the investment
     into SRN010 (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 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 19 November 2026
     an amount of 125 456 South African cents per the Note
     equivalent to the value of the relevant ETFs held by them
     on the Record Date.


4.   Holders who did not make an election from options 1 to 3
     before or latest by 11:00am on Monday, 16 November 2026 (the
     “Closing   Date   of   Elections”),   option   3   will   apply   by
     default.


5.   After the issue and delivery of the SRN010 Notes (Option 1)
     or delivery of the ETFs (Option 2) on 19 November 2026 or
     payment of the sale proceeds of the ETFs (Option 3) 19
     November 2026, the Notes (SBRN41) will be de-listed from the
     JSE on 20 November 2026.


Dated: 13 November 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: 13/11/2026 12:40:00
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