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URL Link [\Common\DDAP.SPRD.SENS.STORIES\SENS_20261105_S606182.pdf]
Symbol [PRXSBW]
Symbol [PRXSBP]
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SCIB: The Standard Bank of South Africa Limited - Adjustments to the terms and conditions of Prosus NV Warrants

The Standard Bank of South Africa Limited

2026/11/05

ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARD
BANK PROSUS NV WARRANTS

Following the Prosus NV (?PRX?) announcement on the Capitalisation Payment,
PRX shareholders will receive a Cash Payment of 520.2386 cents for every 1 PRX
share held.

Following this announcement, notice is hereby given that the terms of the PRX
warrants will be adjusted to place the warrant holders in the same financial position
they were prior to the Capital Payment ex-date.

The terms of the warrants shall be determined at the close of business on 05
November 2026.

The following warrants will be affected by this corporate action:

Existing Terms

     ISIN          JSE Code Exercise Price Conversion Ratio          Expiry      Exercise Style

ZAE000357554        PRXSBC       R895.00           357             18/11/2026    American Call
ZAE000368320        PRXSBD       R750.00           264             11/03/2027    American Call
ZAE000368312        PRXSBP       R600.00           174             11/03/2027    European Put
ZAE000357547       PRXSBW        R730.00           220             18/11/2026    European Put

New Terms

                              JSE                  Conversion
            ISIN                  Exercise Price                        Expiry     Exercise Style
                             Code                    Ratio
    ZAE000357554             PRXSBC    R888.46           R354.39      18/11/2026    American Call
    ZAE000368320             PRXSBD    R744.52           R262.07      11/03/2027    American Call
    ZAE000368312             PRXSBP    R595.61           R172.73      11/03/2027    European Put
    ZAE000357547             PRXSBW    R724.66           R218.39      18/11/2026    European Put

The Effective Date of the adjustment shall be close of business 5th November 2026.

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.

Please note that Share Instalments are subject to selling restrictions and prospective
purchases are referred to the relevant Conditions Annexure for details of such
restrictions.

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: 05/11/2026 05:50:00
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