FIRSTRAND BANK LIMITED - FRC592 - Notification of a Full Capital Redemption of Listed Debt Securities and Accrued Interest Payment

FRC592 - Notification of a Full Capital Redemption of Listed Debt Securities and Accrued Interest Payment

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code:       FRC592           ISIN: ZAG000218058
(FRB)

NOTIFICATION OF A FULL CAPITAL REDUCTION OF LISTED DEBT SECURITIES AND ACCRUED INTEREST PAYMENT

In accordance with the terms and conditions of FRB's R90 000 000 000.00 note programme dated 29 November 2011, as amended
or supplemented from time to time, noteholders are herewith advised of the full capital reduction and accrued interest payment of the
FRC592 notes.

Bond code:                                                        FRC592
ISIN:                                                             ZAG000218058
Nominal amount before reduction:                                  R75 000 000.00
Reduction of nominal amount:                                      R75 000 000.00
Nominal amount after reduction:                                   R0.00
Settlement amount:                                                R82 612 500.00, inclusive of accrued interest, calculated in accordance
                                                                  with paragraph 37 of the pricing supplement
Record date (for STRATE purposes):                                26 November 2025
Pay / settlement date:                                            27 November 2025
Effective date of the reduction in nominal amount:                27 November 2025
Coupon rate:                                                      11.36%
Accrued interest amount:                                          R1 353 863.01
Interest period:                                                  30 September 2025 to 26 November 2025

This full capital reduction is due to the repurchase of the listed debt securities by FRB, in accordance with the terms and conditions of the
notes.

24 November 2025

Debt sponsor
FirstRand Bank Limited

Date: 24-11-2025 03:55:00
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