FIRSTRAND BANK LIMITED - FRC586 - Listing of New Financial Instrument

FRC586 - Listing of New Financial Instrument

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRC586       ISIN: ZAG000216011
(FRB)

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE has granted FRB the listing of its FRC586 senior unsecured unsubordinated notes, in terms of its note programme (the programme)
dated 29 November 2011, as amended or supplemented from time to time, effective 3 June 2025.

Debt security code:                                FRC586
ISIN:                                              ZAG000216011
Type of debt security:                             Mixed rate credit linked notes
Nominal issued:                                    R300 000 000.00
Issue date:                                        3 June 2025
Issue price:                                       100% of par
Interest commencement date:                        3 June 2025
Coupon rate:                                       3 Month JIBAR plus 200 basis points for all interest periods commencing from the issue
                                                   date and ending on but excluding 31 March 2028 and 9.30% per annum for all interest
                                                   periods commencing from 31 March 2028 and ending on but excluding the maturity date
First interest payment date:                       30 June 2025
Interest determination date(s):                    The first business day of each interest period, with the first interest determination date
                                                   being the issue date
Interest payment date(s):                          31 March, 30 June, 30 September and 31 December in each year until the maturity date
Last day to register:                              By 17:00 on 26 March, 25 June, 25 September and 26 December in each year until the
                                                   maturity date
Books close:                                       27 March, 26 June, 26 September and 27 December in each year until the maturity date
Business day convention:                           Modified following business day
Maturity date:                                     31 March 2032, subject to paragraph 51 of the pricing supplement
Final redemption amount:                           100% of the aggregate nominal amount
Summary of additional terms:                       In addition to the terms and conditions contained in the programme, please refer to the
                                                   cessation of interest, mixed rate note, the early redemption at the option of the issuer, the
                                                   early redemption amount and the credit linked note provisions as contained in the pricing
                                                   supplement

Programme amount:                                  R60 000 000 000.00
Total notes in issue under programme:              R52 039 503 155.76 as at the signature date of the pricing supplement
Dealer:                                            FirstRand Bank Limited, acting through its Rand Merchant Bank division

30 May 2025

Debt sponsor
FirstRand Bank Limited

Date: 30-05-2025 03:20:00
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