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The Standard Bank of South Africa Limited Financial Instrument Redemption Announcement - “SBEN14” Stock Code: SBEN14 ISIN Code: ZAE000319133 Holders of the listed SBEN14 Equity Index Linked Notes (“the Notes”) which are redeeming on 17 February 2026 are informed that the level of the index was determined and calculated on 10 February 2026 as 8550.524 and the FX Final Level was determined and calculated on 11 February 2026 as ZAR15.8920/USD1.00. Following this determination and calculation holders of the Notes are advised as follows: 1. Option 1: 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 the relevant ETFs (allocated to their accounts on 17 February 2026). 2. Option 2: Holders who elected not to receive delivery of the ETFs on the Maturity Date (that is, not to follow Option 1), 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 17 February 2026 an amount of 159 757.2957 South African cents per the Note equivalent to the value of the relevant ETFs held by them on the Record Date. 3. Holders who did not make an election from options 1 to 2 by 12:00pm on 16 February 2026, option 2 will apply by default. 4. After the delivery of the ETFs (Option 1) on 17 February 2026 or payment of the sale proceeds of the ETFs (Option 2) on 17 February 2026, the Notes (SBEN14) will be de-listed from the JSE on 18 February 2026. Dated: Wednesday, 11 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
