FIRSTRAND BANK LIMITED - LVETNC LVETNQ - Receipt of Dividend Payment and Update to the Net Asset Value

LVETNC LVETNQ - Receipt of Dividend Payment and Update to the Net Asset Value

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
JSE company code ETN issuer: FRTN
LEI: ZAYQDKTCATIXF9OQY690
JSE Alpha code: LVETNC             ISIN: ZAE000345674
JSE Alpha code: LVETNQ             ISIN: ZAE000345641
(FRB)

RECEIPT OF DIVIDEND PAYMENT AND UPDATE TO THE NET ASSET VALUE

Holders of the LVETNC and LVETNQ exchange-traded notes (ETNs) are advised that on Monday, 28 April 2025, LVMH Moet
Hennessy Louis Vuitton SE paid a dividend of €7.50 per share. As per published guidance, this dividend was synthetically
reinvested, net of all taxes, charges and fees, for the ETNs at the FR closing price on Monday, 28 April 2025. The result of
the synthetic dividend reinvestment is to increase the fractional number of shares each ETN references and no distribution or
payment will be made.

Dividend amount €7.50/share
Effective tax rate 15.00%
Reinvestment amount €6.375 /share
Reinvestment price €502.00/share

The daily published net asset value (NAV) has already been updated to include the effect of the dividend being paid, which
can be viewed at:
https://www.rmb.co.za/page/inward-listed-etns

NAV formulae for the instruments can be found at:
https://www.firstrand.co.za/investors/debt-investor-centre/prospectuses-and-programme-memoranda/
https://www.firstrand.co.za/investors/debt-investor-centre/jse-listed-instruments/

29 April 2025

JSE Debt sponsor
FirstRand Bank Limited

Date: 29-04-2025 04:50:00
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