FRS222 FRS227 - Request for Written Consent of Noteholders as per Condition 23 of the FirstRand Bank Note Programme FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration number: 1929/001225/06) Issuer code: FRII LEI: ZAYQDKTCATIXF9OQY690 Bond code: FRS222 ISIN: ZAG000169228 Bond code: FRS227 ISIN: ZAG000169897 (FRB) NOTICE OF REQUEST FOR WRITTEN CONSENT OF NOTEHOLDERS IN ACCORDANCE WITH CONDITION 23 OF THE FIRSTRAND BANK LIMITED ZAR30,000,000,000 NOTE PROGRAMME 1. This notice of request for consent (this Consent Request) is delivered by the Issuer to each holder of Notes (as defined below) (the Noteholders) issued under the FirstRand Bank Limited ZAR30,000,000,000 Note Programme (the Programme) established pursuant to a programme memorandum dated 29 November 2011, as amended and/or supplemented from time to time (the Programme Memorandum) in accordance with Condition 22 (Notices) of the section headed “Terms and Conditions of the Notes” in the Programme Memorandum (the Terms and Conditions), for purposes of obtaining the Noteholders’ written consent required in terms of Condition 23 (Amendment of these Conditions) to amend and restate the Terms and Conditions of the following applicable pricing supplements: 1.1 the applicable pricing supplement dated 30 June 2020 (the FRS222 Applicable Pricing Supplement) in relation to the issue of ZAR60,000,000 Structured Notes with a Scheduled Termination Date of 6 July 2022 (Stock Code FRS222) (the FRS222 Notes); and 1.2 the applicable pricing supplement dated 29 July 2020 (the FRS227 Applicable Pricing Supplement) in relation to the issue of ZAR245,000,000 Structured Notes with a Scheduled Termination Date of 31 July 2022 (Stock Code FRS227) (the FRS227 Notes), the FRS222 Notes and the FRS227 Notes, together constituting the Notes and the FRS222 Applicable Pricing Supplement and the FRS227 Applicable Pricing Supplement, together constituting the Applicable Pricing Supplements. 2. Capitalised terms used herein which are not otherwise defined shall bear the meaning ascribed thereto in the Terms and Conditions where the context requires. 3. The Issuer seeks the Noteholders’ consent in accordance with Condition 23.3 (Amendment of these Conditions) of the Terms and Conditions to amend and restate the Terms and Conditions of the Applicable Pricing Supplements to reflect the changes highlighted in the revised versions of each Applicable Pricing Supplement annexed as Schedules 1 to 2 to the notice disseminated by Strate in order to extend the maturity date of the Notes, which consequently required an amendment to the margin of the Notes, as requested by noteholders of the FRS222 and FRS227 notes, by completing the Consent Notice annexed as Schedule 3 to the notice disseminated by Strate and delivering same to the registered office of the relevant Participant that provided said Noteholder with the Consent Notice in accordance with the terms and conditions agreed upon with such participant, and providing a copy thereof to Strate Proprietary Limited (Strate) on Strate-CDAdmin@strate.co.za, FirstRand Bank Limited, acting through its Rand Merchant Bank division (as Dealer) on sorelle.gross@rmb.co.za and the Issuer on lynette.fortuin@rmb.co.za by no later than 17h00 on Monday, 27 June 2022 in accordance with the terms and conditions of Schedule 3. The relevant Participant will then notify Strate of the total number of Consent Notices received, both in favour and not in favour of the proposed amendments. 4. This Notice is being delivered to Strate, for dissemination by them to the Participants and noteholders, in accordance with Condition 23 (Amendment of these Conditions) as read with Condition 22 (Notices) of the Terms and Conditions. 27 May 2022 Debt Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 27-05-2022 01:15:00 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.