FRS218 - 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: FRS218 ISIN: ZAG000168527 (FRB) LISTING OF NEW FINANCIAL INSTRUMENT The JSE Limited (JSE) has granted FRB the listing of its unsecured structured notes, in terms of its note programme (the programme) dated 29 November 2011, as amended from time to time, effective 8 June 2020. Debt security code: FRS218 ISIN: ZAG000168527 Type of debt security: Single index and currency linked notes Nominal issued: ZAR 166 000 000.00 Issue date: 8 June 2020 Issue price: 100% Coupon rate: 4.5% per annum payable semi-annually in arrears Coupon amount: An amount in ZAR determined and calculated by the Calculation Agent in accordance with the following formula: ANA * FC * DC * (FXFID/FXFSD) All definitions used in this calculation are as per the pricing supplement Interest commencement date: 8 June 2020 First interest payment date: 8 December 2020 Interest payment date(s): 8 June and 8 December of each year until the Maturity Date Last day to register: By 17:00 on 3 June and 3 December of each year until the Maturity Date Books close: 4 June and 4 December of each year until the Maturity Date Business day convention: Following Business Day Maturity date: 8 June 2025 Final maturity amount: An amount in ZAR determined and calculated by the Calculation Agent equal to the Index Linked Redemption Amount: ILRA = ANA * ((FIL / IIL) - CP)) * (FXFVD/FXFSD) All definitions used in this calculation are as per the pricing supplement Other: The pricing supplement contains additional terms and conditions to the terms and conditions as contained in the programme Summary of additional terms: Please refer to the fixed rate note, early redemption, no obligation to redeem, increased cost of hedging and FX disruption provisions contained in the pricing supplement Programme amount: ZAR 30 000 000 000.00 Total notes in issue under programme: ZAR 26 914 931 274.57 as at issue date Dealer: Rand Merchant Bank, a division of FirstRand Bank Limited 5 June 2020 Debt Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 05-06-2020 01:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.