THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa Limited Financial Instrument Redemption Announcement - RLN013?

The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - “RLN013”

The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - "RLN013"


Stock Code: RLN013
ISIN Code: ZAE000316717


RLN013 Final Redemption / RLN159 Issuance


Holders of the listed RLN013 Equity Index Linked Notes ("the
Notes") which are redeeming on 24 November 2025 are informed
that the level of the index was determined and calculated on
17 November 2025 as 104 793.80.


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


1.   Option 1: Holders who elected not to follow Option 2 or
     Option   3   mentioned  in  the   SENS   Announcement  of
     14 November 2025, but rather to roll their investment in
     RLN013 Notes into a new Capital Escalator ("RLN159"), the
     level of the Index was determined on 17 November 2025 as
     104 793.80.


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 24 November 2025).


3.   Option 3: Holders who elected not to roll the investment
     into RLN159 (that is, not to follow Option 1) 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 24 November 2025
     an amount of    136 000 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 options 1 to 3 by
     12:00pm on 19 November 2025, option 3 will apply by default.
5.   After the issue and delivery of the RLN159 Notes (Option 1)
     or delivery of the ETFs (Option 2) on 24 November 2025 or
     payment of the sale proceeds of the ETFs (Option 3)
     24 November 2025, the Notes (RLN013) will be de-listed from
     the JSE on 25 November 2025.


Dated: 18 November 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: 18-11-2025 12:25:00
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