The Standard Bank of South Africa Limited Financial Instrument Redemption Announcement - “SBRN01” Stock Code: SBRN01 ISIN Code: ZAE000282364 Final Redemption Holders of the listed SBRN01 Equity Index Linked Notes (“the Notes”) which are redeeming on 28 June 2023 are informed that: 1. Option 1: Holders who elected not to follow Option 2 or Option 3 mentioned in the SENS Announcement of 23 May 2023, but rather to roll their investment in SBRN01 Notes into a new Market Multiplier Note (“SBRN42”), the level of the Index was determined on 20 June 2023 as 4388.71. For each SBRN01 Note that is rolled into SBRN42 Notes (ISIN ZAE000322459), the holders will receive 1.510300 SBRN42 Notes (ISIN ZAE000322459) per SBRN01 Note allocated to their custody accounts on 03 July 2023. 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 equal to the redemption value of the Notes, will receive 3.606800 ETF500 ETFs (ISIN ZAE000255055) allocated to their accounts on 03 July 2023. 3. Option 3: Holders who elected not to roll the investment into SBRN42 (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 28 June 2023 an amount of ZAR1 510.34 or 151034 South African cents per Note held by them on the Record Date. After the issue and delivery of the SBRN42 Notes (Option 1) or delivery of the ETFs (Option 2) on 03 July 2023 or payment of the sale proceeds of the ETFs (Option 3) on 28 June 2023, the Notes (SBRN01) will be de-listed from the JSE on 04 July 2023. Dated: 22 June 2023 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