THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa Limited Financial Instrument Final Redemption Announcement - SBEN11?

The Standard Bank of South Africa Limited
Financial Instrument Final Redemption Announcement - “SBEN11”

The Standard Bank of South Africa Limited
Financial Instrument Final Redemption Announcement - "SBEN11"

Stock Code: SBEN11
ISIN Code: ZAE000315511


Final Redemption with Election

Holders of the listed SBEN11 Equity Index Linked Notes ("the
Notes") which are redeeming on 24 October 2025 are reminded
that:

Valuation Date:                       Friday, 17 October 2025
Last Date to Trade:                   Monday, 20 October 2025
Valuation Rate Announcement by 13:00: Tuesday, 21 October 2025
Valuation Time:                       The time the Index Level
                                      is   published   on   the
                                      Valuation Date
Suspension Date:                      Tuesday, 21 October 2025
Record Date:                          Thursday, 23 October 2025
Closing date for elections by 12:00: Thursday, 23 October 2025
Maturity Date (Delivery/Payment):     Friday, 24 October 2025
De-Listing Date:                      Monday, 27 October 2025

Before or latest on 23 October 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 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 24 October 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 24 October 2025 ("the Maturity
     Date") to the account of the holder. 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 October 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 24 October 2025 ("the
    Maturity Date").

    After the delivery of the ETFs (Option 1) or payment of the
    sale proceeds of the ETFs (Option 2) on 27 October 2025,
    the Notes (SBEN11) will be de-listed from the JSE.



Dated: Tuesday, 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 04:40:00
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