The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN822”

Stock Code: CLN822
ISIN Code: ZAG000185752

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN822 Senior Unsecured Mixed Rate Credit
Linked Notes due 28 February 2031 - sponsored by The Standard
Bank of South Africa Limited, under its Structured Note
Programme.

Authorised Programme size           ZAR80,000,000,000
Total notes issued
(including current issue)           ZAR66,401,485,397.61.
Full Note details are as follows:
Issue Date:                         11 May 2022
Nominal Issued:                     ZAR25,000,000
Coupon Rate:                        Fixed Notes – From, and
                                    including, 28 February 2025
                                    until (but excluding) the
                                    Maturity Date: 10.07% per
                                    annum payable quarterly in
                                    arrears; and
                                    Floating Rate Notes - From,
                                    and including, the Interest
                                    Commencement Date to, but
                                    excluding, 28 February 2025:
                                    the greater of 16.76% minus
                                    three-month ZAR-JIBAR-SAFEX
                                    and 0% as per the Applicable
                                    Pricing Supplement
Coupon Indicator:                   Fixed Rate Notes – Fixed
                                    Floating    Rate   Notes   -
                                    Floating

Interest Determination Dates:       In respect of:

                                    Fixed Rate    Notes     –   Not
                                    Applicable

                                    Floating Rate Notes - Each
                                    28 February,          31 May,
                                    31 August and 30 November of
                                    each year, commencing on the
                                    Issue   Date    until    (but
                                    excluding) 28 February 2025
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                    28 February 2031
Interest Commencement Date:       Issue Date
First Interest Payment Date:      31 May 2022

Interest Payment Dates:           In respect of:

                                  Fixed Rate Notes – each
                                  28 February,         31 May,
                                  31 August and 30 November of
                                  each year until the Maturity
                                  Date,    with   the    first
                                  Interest Payment Date being
                                  31 May 2025

                                  Floating Rate Notes – each
                                  28 February,         31 May,
                                  31 August and 30 November of
                                  each    year   until    (and
                                  including) 28 February 2025


Business Day Count/Convention:    Actual/365(fixed)        and
                                  Following Business Day

Books Close:                      From   each   23   February,
                                  26 May,     26 August    and
                                  25 November     until    the
                                  applicable Interest Payment
                                  Date

Last day to register:             By: 17:00 on 22 February,
                                  25 May,     25 August     and
                                  24 November of each year, or
                                  if such day is not a Business
                                  Day, the Business Day before
                                  each Books Closed Period
Optional Call Date:               28 February 2025
Placement Agent:                  The Standard Bank of South
                                  Africa Limited
Debt Security subject
to guarantee; security
or credit enhancement:            Not Applicable

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

Dated 10 May 2022
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