FIRSTRAND LIMITED - Withdrawal of financial guidance for the year to 30 June 2020

Withdrawal of financial guidance for the year to 30 June 2020

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
LEI code: 529900XYOP8CUZU7R671
(FirstRand)

WITHDRAWAL OF FINANCIAL GUIDANCE FOR THE YEAR TO 30 JUNE 2020

In the Prospects section of its results announcement for the six months to 31 December 2019, released
on the Stock Exchange News Service on 10 March 2020, FirstRand provided guidance on expected
earnings and ROE performance for the full year to 30 June 2020. This financial guidance was based on
the group’s macroeconomic view in early March 2020.

The escalation of the COVID-19 pandemic and the current lockdown scenarios in most of the markets
in which the group operates, has required significant revisions to the group’s macroeconomic forecasts.
As a result, shareholders are hereby advised that FirstRand’s 30 June 2020 financial performance
guidance has been withdrawn and expected earnings and ROE performance for the full year to 30 June
2020 remain under review.

Once FirstRand has sufficient certainty regarding its expected performance for the full year to 30 June
2020, it will update shareholders accordingly.

The information contained in this announcement has not been reviewed or reported on by the group’s
external auditors and does not constitute a trading statement in terms of the JSE Limited Listings
Requirements.

Sandton
24 April 2020

Financial adviser and sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)

Date: 24-04-2020 02:11:00
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