Informative Notice – 20200515 RMB Holdings Unbundling of Firstrand RMB Holdings (South Africa): Unbundling of Firstrand Limited (South Africa) Informative Notice (FTSE/JSE Africa Index Series) 15 May 2020 FTSE/JSE notes the announcement by RMB Holdings (South Africa, FTSE/JSE Top 40 Index constituent, RMH, ZAE000024501) regarding the unbundling of its shareholding in Firstrand Limited (South Africa, FTSE/JSE Top 40 Index constituent, FSR, ZAE000066304). In the event, shareholders of RMB Holdings will receive 1.31189 shares of Firstrand Limited for each share held. Subject to Finalisation and based on the current timetable, FTSE/JSE anticipates the following treatment: Wednesday 24 June 2020 (from market open) On the ex-date, a temporary line representing the shares of Firstrand Limited distributed to RMB Holdings shareholders will be added to RMB Holdings’ Indexes. The close price of the temporary line will be updated daily to align with the close price of Firstrand Limited. RMB Holdings will have its price adjusted by the value of the Firstrand Limited Unbundling (1.31189 * 23 June 2020 close price of Firstrand Limited). This will result in a market capitalisation neutral event. Wednesday 01 July 2020 (from market open) Two days after settlement, the temporary line will be removed from all indexes and Firstrand Limited will remain in its indexes with an increased investability weight in accordance with the terms received. Please note Firstrand Limited and RMB Holdings will not be subject to re-evaluation and will remain in the same indexes as prior to the event (example: FTSE/JSE Top 40), in accordance with the treatment of Stock Distributions. Dummy lines are non-tradable instruments temporarily used within indexes to reflect investor experience in a corporate event. For further details please refer to section 3.0 of the Corporate Actions and Events Guide. For further information please contact FTSE Russell Client Services at info@ftserussell.com or call: Australia +1800 653 680 Hong Kong +852 2164 3333 Japan +81 3 4563 6346 London +44 (0) 20 7866 1810 New York +1866 551 0617 JSE Limited +27 11 520 7000 Alternatively please visit our website at www.ftserussell.com Terms of Use | Copyright © 2020 FTSE Russell Date: 15-05-2020 05:30:00 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.