THE STANDARD BANK OF SOUTH AFRICA LIMITED - Financial Instrument Redemption Announcement - RLN001 Correction

Financial Instrument Redemption Announcement - “RLN001” Correction

The Standard Bank of South Africa Limited
Financial   Instrument  Redemption   Announcement   -   "RLN001"
Correction


Stock Code: RLN001
ISIN Code: ZAE000314225


RLN001 Final Redemption / RLN168 Issuance


This announcement replaces the announcement made on this issue
on the 03rd of March 2026. Holders of the listed RLN001 Equity
Index Linked Notes ("the Notes") which are redeeming on 09 March
2026 are informed that the level of the index was determined and
calculated on 02 March 2025 as 118 789.70.


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 17 February
     2026, but rather to roll their investment in RLN001 Notes
     into   a   new  Capital   Accumulator  ("RLN168")   (ISIN:
     ZAE000358206], the level of the Index was determined on 02
     March 2025 as 118 789.70.


2.   Option 2: Holders who elected to receive delivery of the
     ETFs (ISIN:ZAE000358206) which the relevant holder bought
     on the Trade Date of the Notes adjusted to be approximate
     to the redemption value of the Notes, will receive the
     relevant ETFs (allocated to their accounts on 09 March
     2026).


3.   Option 3: Holders who elected not to roll the investment
     into RLN168 (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 09 March 2026 an
     amount of     135 000 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 by
     11:00pm on 04 March 2026, option 3 will apply by default.


5.   After the issue and delivery of the RLN168 Notes (Option 1)
     or delivery of the ETFs (Option 2) on 09 March 2026 or
     payment of the sale proceeds of the ETFs (Option 3) 09 March
     2026, the Notes (RLN001) will be de-listed from the JSE on
     10 March 2026.


Dated: 03 March 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: 03-03-2026 01:01:00
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