FIRST NATIONAL BANK OF NAMIBIA LIMITED - FNNI - Notification of the resignation of the Debt Sponsor

FNNI - Notification of the resignation of the Debt Sponsor

First National Bank of Namibia Limited
(Incorporated in the Republic of Namibia)
(Registration number 2002/180)
JSE Company code: FNNI
NSX Company code: FNNIN
(“FNB Namibia”)


NOTIFICATION OF THE RESIGNATION OF THE DEBT SPONSOR

In accordance with to paragraph 2.4(e) of the JSE Limited (“JSE”) Debt Listings Requirements (the
“Requirements”), noteholders are hereby advised that Rand Merchant Bank (a division of FirstRand
Bank Limited) (the “Debt Sponsor”) has resigned as the Debt Sponsor to First National Bank of Namibia
Limited with effect from 28 February 2021.

The reason for the resignation is as a result of paragraph 2.4(e) of the Requirements stipulating that
all issuers must appoint an independent debt sponsor by 1 March 2021.


05 February 2021

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 05-02-2021 02:50:00
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