FSR FSRP FST FRII FRD FRLE - Pillar 3 Quarterly Disclosures as at 31 March 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:529900XYOP8CUZU7R671 (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 LEI: ZAYQDKTCATIXF9OQY690 (FRB or the bank) PILLAR 3 QUARTERLY DISCLOSURES AS AT 31 MARCH 2020 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 2020 are set out below. R million FSR FRB Ordinary share capital and premium 8 008 16 808 Other reserves and non-controlling interests 131 537 76 950 Regulatory deductions (12 412) (512) Total Common Equity Tier 1 capital 127 133 93 246 Total Additional Tier 1 capital 7 913 4 686 Total Tier 1 capital 135 046 97 932 Tier 2 instruments 22 888 21 801 Other qualifying reserves 4 383 826 Regulatory deductions (2 455) (3 369) Total Tier 2 capital 24 816 19 258 Total qualifying capital and reserves 159 862 117 190 Minimum capital requirement Credit 94 950 62 743 Counterparty credit 3 560 2 993 Operational 17 117 13 065 Market 2 521 2 236 Equity investment 3 391 657 Other assets 4 074 2 876 Threshold items 2 767 931 Total minimum capital requirement 128 380 85 501 Common Equity Tier 1 capital ratio 11.4% 12.5% Tier 1 capital ratio 12.1% 13.2% Total capital ratio 14.3% 15.8% Notes: - Figures above have not been reviewed or reported on by the group or bank’s external auditors. - FRB includes foreign branches. - Qualifying capital and reserves, and capital ratios exclude unappropriated profits. - Capital ratios at 31 March 2020 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 11.50% for both the group and the bank. The countercyclical buffer requirement at 31 March 2020 was 0% for both group and bank. - The Prudential Authority’s temporary relief measures for COVID- 19, i.e. a reduction in the Pillar 2A requirement from 1% to 0% is only effective from April 2020. 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/investors/basel-pillar-3-disclosure/ Sandton 28 May 2020 Sponsor and debt sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited) Date: 28-05-2020 01:45:00 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.