THE STANDARD BANK OF SOUTH AFRICA LIMITED - Financial Instrument Final Redemption Late Announcement - SBEN35?

Financial Instrument Final Redemption Late Announcement - “SBEN35”

The Standard Bank of South Africa Limited
Financial Instrument Final Redemption Late      Announcement   -
"SBEN35"

Stock Code: SBEN35
ISIN Code: ZAE000334512


Final Redemption with Election


Holders of the listed SBEN Equity Index Linked Notes ("the
Notes") which are redeeming on 20 April 2026 are reminded that:


Valuation Date:                       Monday, 13 April 2026

Valuation Rate Announcement by 13:00: Tuesday, 14 April 2026

Valuation Time:                      The time the Index Level
                                     is   published   on    the
                                     Valuation Date
Last Date to Trade:                  Tuesday, 14 April 2026
Suspension Date:                     Wednesday, 15 April 2026
Record Date:                         Friday, 17 April 2026
Closing date for elections by 12:00: Friday, 17 April 2026
Maturity Date (Delivery/Payment):    Monday, 20 April 2026
De-Listing Date:                     Tuesday, 21 April 2026


Before or latest on Friday, 17 April 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 to receive
     delivery of the 1nvest MSCI World ETFs (ISIN: ZAE000255170)
     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 20
     April 2026("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 20 April 2026("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 17 April 2026 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 20 April 2026("the
    Maturity Date").


    After the delivery of the ETFs (Option 1) or payment of the
    sale proceeds of the ETFs (Option 2) on 20 April 2026, the
    Notes (SBEN35) will be de-listed from the JSE.



Dated: Tuesday, 24 March 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: 24-03-2026 05:43:00
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