FIRSTRAND BANK LIMITED - FRC396 - Notification of a Full Capital Reduction of Listed Debt Securities and Accrued Interest Payment

FRC396 - Notification of a Full Capital Reduction of Listed Debt Securities and Accrued Interest Payment

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code:       FRC396           ISIN: ZAG000184656
(FRB)

NOTIFICATION OF A FULL CAPITAL REDUCTION OF LISTED DEBT SECURITIES AND ACCRUED INTEREST PAYMENT

In accordance with the terms and conditions of FRB's R60 000 000 000.00 note programme dated 29 November 2011, as amended
or supplemented from time to time, noteholders are herewith advised of the full capital reduction and accrued interest payment of the
FRC396 note.

Bond code:                                                        FRC396
ISIN:                                                             ZAG000184656
Nominal amount before reduction:                                  R25 000 000.00
Reduction of nominal amount:                                      R25 000 000.00
Nominal amount after reduction:                                   R0.00
Repurchase amount:                                                R25 295 594.00, inclusive of accrued interest, calculated in accordance
                                                                  with paragraph 37 of the pricing supplement
Pay date of the repurchase and accrued interest:                  17 June 2025
Record date:                                                      19 June 2025
Effective date of the reduction in nominal amount:                20 June 2025
Accrued interest amount:                                          R340 564.00
Interest Rate:                                                    9.562%
Interest Period:                                                  22 April 2025 to 13 June 2025

This full capital reduction is due to the repurchase of the listed debt securities by the Issuer, in accordance with the terms and conditions
of the notes.

17 June 2025

Debt sponsor
FirstRand Bank Limited

Date: 17-06-2025 12:40:00
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