The Standard Bank of South Africa Limited
Financial Instrument Redemption Announcement - “RLN016”

The Standard Bank of South Africa Limited


Financial Instrument Redemption Announcement - "RLN016"

Stock Code: RLN016
ISIN Code: ZAE000317202

Declaration of Final Redemption with Election

Noteholders of the listed RLN016 Equity Index Linked Notes ("the
Notes") which are redeeming on Friday, 12 June 2026 are reminded
that:

Last Date to Trade:                   Thursday, 04 June 2026
Valuation Date:                       Friday, 05 June 2026
Valuation Time:                       The time the Index Level is
                                      published on the Valuation
                                      Date
Suspension Date:                      Friday, 05 June 2026
Finalisation Date of Final
Redemption value of RLN016 announced
by 11:00am:                          Monday, 08 June 2026
Closing date for elections:          By 12:00pm, Tuesday, 09
                                     June 2026
Record Date:                         Tuesday, 09 June 2026


Maturity Date (Delivery/Payment):     Friday, 12 June 2026
Election results and ETF              Friday, 12 June 2026
determination details announced by
11:00am:
De-Listing Date:                      Monday, 15 June 2026

Before or latest by 12:00pm on Tuesday, 09 June 2026 ("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 not to follow Option
     2 or Option 3 below, but rather to roll the investment into
     a new Stock Code: RLN179 ("RLN179"). The index level of RLN179
     will be determined on 10 June 2026. Holders of the Notes will
     be informed on Monday, 08 June 2026 what the final redemption
     value of RLN016 is. RLN179 will be issued and delivered to
     the relevant holders which have elected Option 1 on Friday,
     12 June 2026.

  2. Option 2: A holder of the Notes may elect to receive delivery
     of the 1nvest TOP40 ETF (ETFT40) ISIN: ZAE000279212(such
     participatory interests herein referred to as "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 Friday,
     12 June 2026 ("the Maturity Date").

  3. Option 3: A holder of the Notes may elect not to roll the
     investment into RLN179 (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 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     Friday, 12 June 2026 ("the
     Maturity Date") to the account of the holder.

  4. If Standard Bank receives no notice from either the holder's
     Independent Financial Advisor or the holder does not
     digitally elect before or by 12h00pm on Tuesday, 09 June 2026
     Option 1 or Option 2 Standard Bank will assume that the holder
     had elected Option 3 (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 Friday,
     12 June 2026 ("the Maturity Date").

After the issue of RLN179 (Option 1) or delivery of the ETFs
(Option 2), or payment of the sale proceeds of the ETFs (Option
3), Monday, 15 June 2026, the Notes (RLN016) will be de-listed
from the JSE.

Dated: Thursday, 21 May 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: 21-05-2026 01:30:00
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