The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “SBC245”

Stock Code: SBC245
ISIN Code:   ZAG000223298

The JSE Limited has granted a listing to Th e Standard Bank of
South Africa Limited – SBC245 Senior Unsecured Mixed Rate Notes
due 20 December 2032 - sponsored by The Standard Bank of South
Africa Limited, under its Structured Note Programme.

Authorised Programme size           ZAR150,000,000,000

Total notes issued                  ZAR122,023,191,532.31.
(including current issue)

Full Note      details   are   as
follows:

Issue Date:                         02 March 2026

Nominal Issued:                     ZAR350,000,000

Coupon Rate:                        In respect of each Interest
                                    Period from, and including:
                                    (i) the Interest Commencement
                                    Date to, but excluding, 20
                                    December   2029:   three-month
                                    ZAR-JIBAR-SAFEX plus 2.00%;
                                    and

                                    (ii) 20 December 2029 until,
                                    but excluding, the Maturity
                                    Date: 8.00% per annum payable
                                    semi-annually in arrears

Coupon Indicator:                   Mixed Rate

Interest Determination Dates:       In respect of:

                                    Fixed   Rate     Notes   –   Not
                                    Applicable

                                    Floating Rate Notes - Each 20
                                    March, 20 June, 20 September
                                    and 20 December of each year,
                                    commencing on Issue Date until
                                    (but excluding) 20 December
                                    2029

Trade Type:                         Price
Issue Price:                   100%

Maturity Date:                 20 December 2032

Interest Commencement Date:    Issue Date

First Interest Payment Date:   20 March 2026

Interest Payment Dates:        In respect of:

                               Fixed Rate Notes - Each 20 June
                               and 20 December of each year
                               until the Maturity Date, with
                               the first Interest Payment
                               Date being 20 June 2030 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 – 20 March,
                               20 June, 20 September and 20
                               December of each year until
                               (and including) 20 December
                               2029 with the first Interest
                               Payment Date being 20 March
                               2026, 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

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 15 March, 15 June, 15
                               September and 15 December,
                               until the applicable Interest
                               Payment Date.
Last day to register:           17h00 on 14 March, 14 June, 14
                                September and 14 December of
                                each year, or if such day is
                                not   a  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 27 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