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FIRSTRAND BANK LIMITED - FRII - Availability of the Annual Report

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FRII - Availability of the Annual Report

FIRSTRAND BANK LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
JSE company code interest rate issuer: FRII
LEI: ZAYQDKTCATIXF9OQY690
(FRB or the bank)

AVAILABILITY OF THE ANNUAL REPORT

FRB is a wholly owned subsidiary of FirstRand Limited (FirstRand or the group). The group released its audited annual financial
statements earlier today.

Noteholders are advised that FRB's annual report for the year ended 30 June 2025,containing the audited annual financial statements
and an accompanying unqualified audit report (collectively, the annual report) will be made available on the group's website at
https://www.firstrand.co.za/investors/integrated-reporting-hub/financial-reporting/.

The annual report can also be accessed through a secure electronic manner at the election of the person requesting inspection.

Furthermore, noteholders are hereby advised that there was a restatement to FRB's statement of cash flows for the year ended 30 June
2024 in the annual financial statements. Details of the restatement are set out below.

Statement of cash flows – updated methodology for allocation of non-cash items
FRB improved its methodology for allocating non-cash items, specifically related to foreign currency translation reserve (FCTR)
movements. The revised methodology resulted in a reallocation of R3 153 million out of advances to deposits and debt funding in the
cash flow from operating activities section of the statement of cash flows for the year ended 30 June 2024.

The total net cash generated from operating activities, investing and financing activities, as well as net cashflow movement and cash at
the end of the year remain unchanged. In addition, the restatement has no impact on profit or loss, earnings ratios or the statement of
financial position.

Further information about this change has been disclosed on page C24 of the annual report.

11 September 2025

Debt sponsor
FirstRand Bank Limited

Date: 11-09-2025 08:45:00
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