FSR FSRP FST FRII FRD FRLE - Pillar 3 Quarterly Disclosures as at 31 March 2019 FirstRand Limited (Incorporated in the Republic of South Africa) (Registration number 1966/010753/06) JSE ordinary share code: FSR Ordinary share ISIN: ZAE000066304 JSE B preference share code: FSRP B preference share ISIN: ZAE000060141 NSX ordinary share code: FST (FSR or the group) FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration number 1929/001225/06) JSE company code interest rate issuer: FRII JSE company code debt issuer: FRD JSE company code ETF issuer: FRLE (FRB or the bank) PILLAR 3 QUARTERLY DISCLOSURES AS AT 31 MARCH 2019 In accordance with Pillar 3 of the Basel Accord, Regulation 43 of the Regulations relating to Banks requires the group to disclose quarterly information on its capital adequacy. The capital positions (excluding unappropriated profits) for the group and the bank for the quarter ended 31 March 2019 are set out below. R million FSR FRB Ordinary share capital and premium 8 073 16 808 Other reserves and non-controlling interests 116 824 69 001 Regulatory deductions (10 289) 519 Total Common Equity Tier 1 capital 114 608 86 328 Total Additional Tier 1 capital 7 382 4 742 Total Tier 1 capital 121 990 91 070 Tier 2 instruments 24 653 23 714 Other qualifying reserves 5 545 2 937 Regulatory deductions (7 494) (2 590) Total Tier 2 capital 22 704 24 061 Total qualifying capital and reserves 144 694 115 131 Minimum capital requirement Credit 85 426 60 585 Counterparty credit 1 766 1 521 Operational 16 398 12 195 Market 3 049 2 535 Equity investment 3 039 539 Other assets 3 533 2 700 Threshold items 2 288 913 Total minimum capital requirement 115 499 80 988 Common Equity Tier 1 capital ratio 11.6% 12.3% Tier 1 capital ratio 12.3% 13.0% Total capital ratio 14.6% 16.4% Notes: - Figures above have not been reviewed or reported on by the group’s external auditors. - FRB includes foreign branches and subsidiaries. - Total qualifying capital and reserves, and capital positions exclude unappropriated profits. - Ratios as at 31 March 2019 include the transitional impact of IFRS 9. - The disclosed minimum capital requirement excludes the confidential bank-specific individual capital requirement and add-on for domestic systemically-important banks, but includes the countercyclical buffer requirement. The minimum requirement is 11.69% and 11.56% for group and bank, respectively. - The group is required to calculate the countercyclical buffer requirement on private sector credit exposures in foreign jurisdictions where these buffer requirements are applicable. The current impact on the minimum requirements for the group and bank is 19 bps and 6 bps, respectively. ADDITIONAL DISCLOSURE Regulation 43 of the Regulations relating to Banks and the BCBS Pillar 3 framework require additional quarterly disclosures on capital, risk weighted assets, leverage and liquidity. These disclosures are available on the group’s website: https://www.firstrand.co.za/InvestorCentre/Pages/commondisclosures .aspx Sandton 31 May 2019 Sponsor and Debt Sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited) Date: 31/05/2019 11:15:00 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.