The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “SBC124”

Stock Code: SBC124
ISIN Code:   ZAG000213315

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC124 Senior Unsecured Mixed Rate Notes
31 March 2033 - sponsored by The Standard Bank of South Africa
Limited, under its Structured Note Programme.

Authorised Programme size             ZAR120,000,000,000
Total notes issued
(including current issue)             ZAR103,851,603,429.70.
Full Note details are as follows:
Issue Date:                           10 March 2025
Nominal Issued:                       ZAR150,000,000

Coupon Rate:                           In respect of each Interest
                                       Period from, and including:
                                (i)    the Issue Date until, but
                                       excluding, 31 March 2028:
                                       three month ZAR-JIBAR-SAFEX
                                       plus 2.80% quarterly; and

                                (ii) From, and including, 31
                                     March   2028   until,   but
                                     excluding,   the   Maturity
                                     Date: Fixed 9.35% semi-
                                     annually.


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
                                      31   March,   30    June,   30
                                      September,     31     December
                                      Determination     Date(s)   of
                                      each year, commencing on
                               Issue   Date   until    (but
                               excluding) 31 March 2028

Trade Type:                    Price
Issue Price:                   100%
Maturity Date:                 31 March 2033
Interest Commencement Date:    Issue Date
First Interest Payment Date:   31 March 2025

Interest Payment Dates:        In respect of:

                               Fixed Rate Notes - Each 31
                               March and 30 September of
                               each year until the Maturity
                               Date,    with     the   first
                               Interest Payment Date being
                               30 September 2028 or, if
                               such day is not a Business
                               Day, the Business Day on
                               which the interest will be
                               paid,   as    determined   in
                               accordance       with     the
                               applicable     Business   Day
                               Convention (as specified in
                               this   Applicable     Pricing
                               Supplement)

                               Floating Rate Notes –

                               Each 31 March, 30 June, 30
                               September, 31 December of
                               each    year    until    (and
                               including) 31 March 2028
                               with   the   first   Interest
                               Payment Date being 31 March
                               2025, if such day is not a
                               Business Day, the Business
                               Day on which the interest
                               will be paid, as determined
                               in   accordance    with   the
                               applicable    Business    Day
                               Convention (as specified in
                               this    Applicable    Pricing
                               Supplement)
Business Day Count/Convention:     Actual/365(Fixed)and
                                   Following Business Day.

Books Close:                         The Books Closed Period
                                    (during which the Register
                                    will be closed) will be
                                    from each 26 March, 25
                                    June, 25 September, and 26
                                    December,     until     the
                                    applicable Interest Payment
                                    Date.

Last day to register:                17h00 on 25 March, 24
                                    June, 24 September, and 25
                                    December of each year, or
                                    if such day is not a 12
                                    Business Day, the Business
                                    Day   before  each   Books
                                    Closed Period


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 07 March 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