BNP PARIBAS ISSUANCE B.V. - ZA435 - Issue of ZAR 30,000,000 Index Securities due 02 March 2032

ZA435 - Issue of ZAR 30,000,000 Index Securities due 02 March 2032

BNP Paribas Issuance B.V (incorporated in the Netherlands on 10
November 1989)

Issuer Code : BNPPP

Guarantor: BNP Paribas (incorporated in France on 23 May 2000)

Stock Code: ZA435
ISIN Code: ZAE000357182
Dated: 25 February 2026

Issue of ZAR 30,000,000 Index Securities due 02 March 2032

The JSE Limited has granted a listing to BNP Paribas Issuance B.V. – ZA435 Index Securities due 02 March 2032, under its Note,
Warrant and Certificate Programme dated 27 May 2025 (read with the JSE Placement Document dated 1 September 2016) as
supplemented from time to time, effective 26 February 2026.

Authorised Programme size      Unlimited
Total securities issued        ZAR26,966,947,336

Full Note details are as follows:

Nominal Issued:                 ZAR 30,000,000
Issue Price:                    ZAR 1,000 per Certificate
Type of Securities:             Index
                                Securities

Underlying Entity(ies):         EURO STOXX 50
                                Hang Seng Index
                                S&P 500




Valuation Date:                Tuesday, 17 February 2032
Finalisation Date:             By 11:00 Tuesday, 24 February 2032
Last day to trade:             Wednesday, 25 February 2032
Suspension Date:               Thursday, 26 February 2032
Record Date:                   Monday 01 March 2032
Maturity Date:                 Tuesday, 02 March 2032
Termination Date:              Wednesday, 03 March 2032

Copies of the Final Terms are available on request, at the following email address: DL.BNPP.Solutions.MEA@bnpparibas.com
Copies of the Base Prospectus and the JSE Placement Document are available on the Issuer's website at:   
https://rates-globalmarkets.bnpparibas.com/documents/legaldocs/resourceindex.htm


Placement Agent:                   BNP Paribas Financial Markets
S.N.C. (formerly known as BNP Paribas Arbitrage S.N.C.)

Settlement will take place electronically in terms of JSE Rules.

For further information on the Securities issued please contact:
Brett Dugmore        BNP               Tel: +44 207 595 9636

Sponsor: The Standard Bank of South Africa Limited
Date: 24-02-2026 04:15:00
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