FIRSTRAND BANK LIMITED - FRE025 - Listing of Structured Product Notes

FRE025 - Listing of Structured Product Notes

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
JSE company code structured product issuer: FRBT
LEI: ZAYQDKTCATIXF9OQY690
Stock code: FRE025          ISIN: ZAE000358297
(FRB)

LISTING OF STRUCTURED PRODUCT NOTES

The JSE Limited (JSE) has granted FRB approval for the listing of the FRE025 structured products notes (SPs), which will be
listed on the main board of the JSE in the investment products sector, with effect from the commencement of business on
Monday, 2 March 2026 and traded through any authorised user of the JSE.

Long name:                                            FRB SP353Mar313
Short name:                                           FRBSP3103
Stock code:                                           FRE025
ISIN code:                                            ZAE000358297
Instrument number:                                    125817
Underlying asset:                                     Societe Generale SGI Dynamic US Equity & Gold Vol. Controlled 5.5%
                                                      Index
Issue date:                                           Monday, 02 March 2026
Issue size (units):                                   17 500 structured notes of R1 000 each
Denomination:                                         ZAR
Issue price (Rands):                                  R1 000.00
Interest payment date:                                Friday, 2 March 2029
Fixed Coupon amount:                                  An amount in ZAR determined and calculated by the calculation agent
                                                      equal to the below:
                                                      FCA =50%*ANA*(33%), all definitions used in this calculation are as per
                                                      the pricing supplement
Instalment dates:                                     Friday, 2 March 2029 (first instalment) and the maturity date
Instalment amounts:                                   On each instalment date, an amount in ZAR determined and calculated
                                                      by the calculation agent as per the pricing supplement
First instalment valuation date:                      Wednesday, 21 February 2029
First instalment finalisation date announced          Friday, 23 February 2029
by 11:00:
First instalment last day to trade:                   Friday, 23 February 2029
First instalment ex-date:                             Monday, 26 February 2029
First instalment record date:                         Wednesday, 28 February 2029
First instalment payment date:                        Friday, 2 March 2029

Maturity valuation date:                              Thursday, 20 February 2031
Maturity finalisation date announced by 11:00:        Monday, 24 February 2031
Maturity last day to trade:                           Monday, 24 February 2031
Maturity suspension date:                             Tuesday, 25 February 2031
Maturity record date:                                 Thursday, 27 February 2031
Maturity/settlement date:                             Monday, 3 March 2031
Termination date:                                     Tuesday, 4 March 2031
Final redemption amount:                              As determined by the calculation agent in accordance with paragraph 9
                                                      of the pricing supplement
Contact:                                              David van Wyk
Telephone number:                                     +27 11 282 8000

The pricing supplement will be available for inspection through a secure electronic manner at the election of the person
requesting inspection, upon request, and has been made available for inspection on the FirstRand Limited website:
https://www.firstrand.co.za/investors/debt-investor-centre/jse-listed-instruments/.

25 February 2026

Debt sponsor
FirstRand Bank Limited

Date: 25-02-2026 12:21:00
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