FIRSTRAND BANK LIMITED - FRC587 - Notification of a Full Capital Reduction of Listed Debt Securities and Accrued Interest Amount

FRC587 - Notification of a Full Capital Reduction of Listed Debt Securities and Accrued Interest Amount

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRC587           ISIN: ZAG000216250
(FRB)

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

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 amount of the
FRC587 notes.

Bond code:                                                        FRC587
ISIN:                                                             ZAG000216250
Nominal amount before reduction:                                  R130 000 000.00
Reduction of nominal amount:                                      R130 000 000.00
Nominal amount after reduction:                                   R0.00
Settlement amount:                                                R130 000 000.00
Record date:                                                      18 September 2025
Pay date of the repurchase:                                       19 September 2025
Effective date of the reduction in nominal amount:                19 September 2025
Coupon:                                                           9.292%
Accrued interest amount:                                          R2 680 678.36
Interest period:                                                  30 June 2025 to 18 September 2025

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

15 September 2025

Debt sponsor
FirstRand Bank Limited

Date: 15-09-2025 04:20:00
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