THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa Limited Financial Instrument Redemption Announcement - SBRN33?

The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - “SBRN33”

The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - "SBRN33"


Stock Code: SBRN33
ISIN Code: ZAE000314381


SBRN33 Final Redemption / SBRN86 Issuance


Holders of the listed SBRN33 Equity Index Linked Notes ("the
Notes") which are redeeming on 16 March 2026 are informed that
the final level of the index was determined and calculated on
09 March 2026 as 238.09. The final FX level was determined and
calculated on 09 March 2026 as ZAR16.2642.


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


1.   Option 1: Holders who elected to follow Option 1 are hereby
     notified that their investment in SBRN33 will not roll into
     SBRN86.   Holders will have to elect option 2: to receive
     delivery of the ETFs or option 3: to instruct Standard Bank
     to sell the ETFs below.

2.   Option 2: Holders who elected to receive delivery of the
     ETFs 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 16 March 2026).

3.   Option 3: Holders who elected not to roll the investment
     into SBRN86 (no longer applicable) or not to receive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 16 March 2026 an amount of
     677 741 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   Holders who did not make an election from option 1 (no longer
     applicable), option 2 or option 3 before or latest by 11:00am
     on Wednesday, 11 March 2026 (the "Closing Date of
     Elections"), option 3 will apply by default.
5.   After delivery of the ETFs (Option 2) on 16 March 2026 or
     payment of the sale proceeds of the ETFs (Option 3) 16 March
     2026, the Notes (SBRN33) will be de-listed from the JSE on
     17 March 2026.


Dated: 10 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: 10-03-2026 01:20:00
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