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 SBRN27

Holders of the listed SBRN27 Index Linked Notes ("the Notes")
which are redeeming on Tuesday 30 December 2025 are informed
that the level of the index was determined and calculated on
Monday 15 December 2025 as 9617.16, and the FX Final Level was
determined and calculated on Wednesday 17 December 2025 as
ZAR22.3172/GBP1.00.

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 30 December 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 30 December 2025 an amount of 796,828.048
     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 Tuesday 23 December 2025, option 2 will apply
     by default.

  4. After the delivery of the ETFs (Option 1) on 30 December
     2025 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 on Wednesday 31 December 2025.


Dated: Wednesday, 17 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: 17-12-2025 01:37:00
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