FIRSTRAND BANK LIMITED - FRC404 - Notification of a Full Capital Reduction of Listed Debt Securities and Accrued Interest Payment

FRC404 -  Notification of a Full Capital Reduction 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: FRC404           ISIN: ZAG000186065
(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
FRC404 notes.

Bond code:                                                     FRC404
ISIN:                                                          ZAG000186065
Nominal amount before reduction:                               R63 460 000.00
Reduction of nominal amount:                                   R63 460 000.00
Nominal amount after reduction:                                R0.00
Settlement amount:                                             R67 105 400.40, inclusive of accrued interest, calculated in accordance
                                                               with paragraph 37 of the pricing supplement
Record date (for STRATE purposes):                             10 October 2025
Pay / settlement date:                                         13 October 2025
Effective date of the reduction in nominal amount:             13 October 2025
Coupon rate:                                                   12.96%
Accrued interest amount:                                       R3 312 301.05
Interest period:                                               19 May 2025 to 12 October 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.

9 October 2025

Debt sponsor
FirstRand Bank Limited

Date: 09-10-2025 02:00:00
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