FIRSTRAND BANK LIMITED - FRC602 - Notification of a Full Capital Reduction of Listed Debt Securities and Accrued Interest Payment

FRC602 - 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: FRC602       ISIN: ZAG000224064
(FRB)

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

In accordance with the terms and conditions of the FRB 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 FRC602 notes (the notes).

Bond code:                                                        FRC602
ISIN:                                                             ZAG000224064
Nominal amount before reduction:                                  R700 000 000.00
Reduction in nominal amount:                                      R700 000 000.00
Nominal amount after reduction:                                   R0.00
Settlement amount:                                                R704 054 246.00, determined in accordance with
                                                                  paragraph 37 of the pricing supplement
Record date:                                                      15 April 2026
Pay date:                                                         16 April 2026
Effective date of reduction in nominal amount:                    16 April 2026
Coupon rate:                                                      10.57%
Accrued interest amount:                                          R4 054 260.00
Interest period:                                                  27 March 2026 to 15 April 2026

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

10 April 2026

Debt sponsor
FirstRand Bank Limited

Date: 10-04-2026 02:30:00
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