FIRSTRAND BANK LIMITED - FRS451 - Listing of New Financial Instrument

FRS451 - Listing of New Financial Instrument

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRS451       ISIN: ZAG000223223
(FRB)

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE has granted FRB the listing of its FRS451 unsecured structured notes, in terms of its note programme (the programme) dated 29
November 2011, as amended or supplemented from time to time, effective 5 March 2026.

Debt security code:                                FRS451
ISIN:                                              ZAG000223223
Nominal issued:                                    R811 800 000.00
Type of debt security:                             Single index and currency linked notes
Issue date:                                        5 March 2026
Issue price:                                       100% of par
Last day to register:                              By 17:00 on 14 February 2031
Books close:                                       15 February 2031,
Business day convention:                           Following business day
Maturity date:                                     19 February 2031
Final maturity amount:                             An amount in ZAR determined and calculated by the calculation agent equal to the index
                                                   linked redemption amount:
                                                   ILRA = ANA * (100% + PPN * MIN (MAX (FIL / IIL - CS ; 0); IC) * FXFVD/FXFSD), all
                                                   definitions used in this calculation are as per the pricing supplement
Summary of additional terms:                       In addition to the terms and conditions contained in the programme, please refer to the
                                                   redemption/payment basis, the early redemption at the option of the issuer, the final and
                                                   early redemption amounts, any conditions additional to, or modified from, those set forth
                                                   in the terms and conditions and the FX disruption provisions contained in the pricing
                                                   supplement

Programme amount:                                  R90 000 000 000.00
Total notes in issue under programme:              R64 298 976 496.71 as at the signature date of the pricing supplement
Dealer:                                            FirstRand Bank Limited, acting through its Rand Merchant Bank division

25 February 2026

Debt sponsor
FirstRand Bank Limited

Date: 25-02-2026 04:25:00
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.