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Wed 31 Dec 2025, 10:35 The Standard Bank of South Africa Limited Amendment Announcement - “SBEN65”
The Standard Bank of South Africa Limited
Amendment Announcement - “SBEN65”

The Standard Bank of South Africa Limited
Amendment Announcement - "SBEN65"


Stock Code: As tabulated below
ISIN Code: As tabulated below


In accordance with the FTSE/JSE announcement on 03 January 2025, the SWIX indices will be
decommissioned on the 31 December 2025 (Termination Date). As a result, the Equity Index Linked
Note, as tabulated below, sponsored by The Standard Bank of South Africa Limited ("the Issuer")
under its Structured Note Programme ("the Programme") which can be found on the Issuer's website
will be amended as of 31 December 2025 by the deletion of the relevant SWIX Index and the replacement
thereof with the relevant replacement index together with the relevant Initial Index Level as of
the relevant strike date.


Note    ISIN        SWIX   SWIX Index Replacement Replacement        Initial
Code                Index  name        Index Code Index name         Index
                    code                                             Level
SBEN65 ZAE000352811 J433TR FTSE/JSE    JCAPALTR   FTSE/JSE           107,110.10
                           Capped                 Capped All
                           Shareholder            Share Total
                           Weighted               Return
                           All   Share            Index FTSE
                           Total
                           Return
                           Index


Additional Terms and Conditions: Investors must read the Pricing Supplement for full details of
the specific terms and conditions applicable to this specific Note issuance.
Notes will be deposited in the Central Securities Depository ("CSD") and settlement will take place
electronically in terms of JSE Rules.


Dated: 31 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: 31-12-2025 10:35:00
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