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URL Link [\Common\DDAP.SPRD.SENS.STORIES\SENS_20250926_S511027.pdf]
Symbol [NPNSBP]
SCIB: The Standard Bank of South Africa- Warrant terms adjustment

The Standard Bank of South Africa Limited

2025/09/26

Following the NASPERS LTD - N SHS ("NPN") announcement relating to the sub
division shareholders will receive 5 NPN shares for every 1 NPN share held. The last
day to trade NPN to participate in the exchange offer is Tuesday 30 September 2025

Following this announcement, notice is hereby given that the terms of the NPN
warrants will be adjusted to place the holders in the same financial position as they
would have been in prior.

The following warrants will be affected by this corporate action:

Curren Terms
                                  Exercise     Conversion                  Exercise
       ISIN         JSE Code                                   Expiry
                                   Price         Ratio                      Style
                                                                           American
  ZAE000343919       NPNSBP      R4,365.00        1543        19-Feb-26
                                                                             Call

Adjusted Terms:
                                 Exercise     Conversion                  Exercise
       ISIN         JSE Code                                   Expiry
                                  Price         Ratio                      Style
                                                                          American
  ZAE000343919       NPNSBP       R873.00        308.60      19-Feb-26
                                                                            Call

The Effective Date of the adjustment shall be 01st October 2025.

This Notice together with the Common Terms Document and Conditions Annexure
record the terms and conditions of the agreement between the Parties. Any terms
used in this Notice which are defined in the Common Terms Document, Conditions
Annexure and the relevant Supplements shall bear the meaning ascribed to them
therein, unless specifically stated otherwise herein. Other than as set out herein, the
terms and conditions set out in the Common Terms Document, Conditions Annexure
and relevant Supplements remain unchanged and in full force and effect.

For further information contact:
Standard Bank
Warrants
Tel 0800 111 780
Email: [email protected]
Issuer: The Standard Bank of South Africa Limited
Sponsor: SBG Securities (Pty) Ltd
(A subsidiary of the Standard Bank Group Limited)
(Incorporated in the Republic of South Africa, 13 March 1962, Registration number
1972/008305/07)
.

Date: 26-09-2025 01:15:00
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