THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa Limited Financial Instrument Final Redemption Announcement - SBRN27?

The Standard Bank of South Africa Limited
Financial Instrument Final Redemption Announcement - “SBRN27”

The Standard Bank of South Africa Limited
Financial Instrument Final Redemption Announcement - "SBRN27"

Stock Code: SBRN27
ISIN Code: ZAE000311791


Final Redemption with Election

Holders of the listed SBRN27 Index Linked Notes ("the Notes")
which are redeeming on 30 December 2025 are reminded that:

Valuation Date:                       Monday, 15 December 2025
Valuation Rate Announcement by 11:00: Wednesday, 17 December
                                      2025
Last Date to Trade:                   Thursday, 18 December 2025
Suspension Date:                      Friday, 19 December 2025
Valuation Time:                       The time the Index Level
                                      is   published    on   the
                                      Valuation Date
Closing date for elections by 12:00: Tuesday, 23 December 2025
Record Date:                          Tuesday, 23 December 2025
Maturity Date (Delivery/Payment):     Tuesday, 30 December 2025
De-Listing Date:                      Wednesday,31      December
                                      2025

Before or latest on Tuesday, 23 December 2025 ("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 1invest MSCI World ISIN: ISINZAE000255170
     ETFs 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
     30 December 2025 ("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 30 December 2025 ("the Maturity
     Date") to the account of the holder.
  3. If Standard Bank receives no notice from either the
     holder's Independent Financial Advisor or the holder does
     not digitally elect before or on 23 December 2025 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 30 December 2025 ("the Maturity Date").

    After the delivery of the ETFs (Option 1) or payment of the
    sale proceeds of the ETFs (Option 2) on 30 December 2025,
    the Notes (SBRN27) will be de-listed from the JSE.

Dated: Wednesday, 03 December 2025
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: 03-12-2025 11:35:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.