The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “RLN165”

Stock Code: RLN165
ISIN Code: ZAE000357273


The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – RLN165 Equity Index Linked Notes due -
13 February 2031- sponsored by The Standard Bank of South Africa
Limited (“the Issuer”) under its Structured Note Programme (“the
Programme”) dated 20 December 2024 which can be found on the
Issuer’s website.

Authorised Programme size           ZAR150 000 000 000

Total notes issued                  ZAR120,495,512,532.31
(including current issue)

Full Note details are as follows:

Issue Date:                         09 February 2026

Nominal Issued:                     ZAR20,919,000.00

Redemption Basis:                   Equity Index Linked

Issue Price:                        100 000 ZA cents per Note

Number of Notes:                    20,919

Final Index Level Determination     The scheduled Final Index
Date:                               Level Determination Date is
                                    03 February 2031, such date
                                    being subject to adjustment
                                    in   accordance    with   the
                                    provisions of this Pricing
                                    Supplement and the Equity
                                    Terms. If the Final Index
                                    Level Determination Date is
                                    a    Disrupted    Day,    the
                                    Calculation     Agent    will
                                    determine the final level of
                                    the   Index   on   the   next
                                    following Exchange Business
                                    Day which is not a Disrupted
                                    Day. If the scheduled Final
                                    Index Level Determination
                                    Date   is   adjusted,    such
                                    adjusted date will be the
                                    Final       Index       Level
                                  Determination Date   for
                                  purposes of this Pricing
                                  Supplement.

Finalisation Date:                05 February 2031, 11H00 am
                                  and if such day is not an
                                  Exchange Business Day, the
                                  Exchange    Business   Day
                                  immediately preceding that
                                  day.

Last Date to Trade:               05 February 2031,, and if
                                  such day is not an Exchange
                                  Business Day, the Exchange
                                  Business   Day   immediately
                                  preceding that day.

Suspension Date:                  06 February 2031, being the
                                  date, on which trading in
                                  the Notes will be suspended
                                  by the Exchange.

Record Date:                      10 February 2031, and if
                                  such day is not an Exchange
                                  Business Day, the Exchange
                                  Business Day on which the
                                  Notes settles in accordance
                                  with the regular settlement
                                  cycle following the Last
                                  Date to Trade as

Maturity/Delivery Date:           13 February 2031

De-Listing Date:                  14 February 2031

Business Day Convention:          Preceding Business Day

Placement Agent:                  The Standard Bank of South
                                  Africa Limited


[These Notes will be physically settled by delivery of ETFs
(specified in the Pricing Supplement) to holders of the Notes
on the Maturity/Delivery Date specified above.]

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


Dated: 06 February 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