THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa Limited Financial Instrument Redemption Announcement - SBRN25?

The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - “SBRN25”

The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - "SBRN25"

Stock Code: SBRN25
ISIN Code: ZAE000309787

Final Redemption SBRN25

Holders of the listed SBRN25 Equity Index Linked Notes ("the
Notes") which are redeeming on 13 October 2025 are informed that
the final level of the index was determined and calculated on
06 October 2025 as 235.99.

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

1. Option 1: Holders who elected to receive delivery of the ETFs
   which the relevant holder bought on the Trade Date of the
   Notes adjusted to be equal to the redemption value of the
   Notes, will receive the relevant ETFs (allocated to their
   accounts on 13 October 2025).

2. Option 2: Holders who elected not to receive delivery of the
   ETFs on the Maturity Date (that is, not to follow Option 1),
   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 13 October 2025 an amount of 500,000 South
   African cents per the Note equivalent to the value of the
   relevant ETFs held by them on the Record Date.

3. Holders who did not make an election from options 1 to 2 by
   12:00pm on 10 October 2025, option 2 will apply by default.

4. After the delivery of the ETFs (Option 1) on 13 October 2025
   or payment of the sale proceeds of the ETFs (Option 2) on
   13 October 2025, the Notes (SBRN25) will be de-listed from
   the JSE on 14 October 2025.


Dated: 07 October 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: 07-10-2025 01:15:00
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