Resignation from the board of directors FIRSTRAND LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1966/010753/06) JSE ordinary share code: FSR; ISIN code: ZAE000066304 JSE B preference share code: FSRP; ISIN code: ZAE000060141 NSX ordinary share code: FST LEI: 529900XYOP8CUZU7R671 (FirstRand or the group) FIRSTRAND BANK LIMITED (Incorporated in the Republic of South Africa) (Registration number 1929/001225/06) JSE company code interest rate issuer: FRII JSE company code debt issuer: FRD JSE company code ETF issuer: FRLE LEI: ZAYQDKTCATIXF9OQY690 RESIGNATION FROM THE BOARD OF DIRECTORS In compliance with paragraph 3.59 of the JSE Limited Listing Requirements, the boards of FirstRand Limited and its wholly-owned subsidiary, FirstRand Bank Limited, (the boards) wish to announce the resignation of Mr Paballo Joel Makosholo as an independent non-executive director with effect from 30 June 2020. Mr Makosholo has been requested by his employer, to serve on the board of another financial institution. Mr Makosholo was appointed to the boards of FirstRand Limited and FirstRand Bank Limited in October 2015 and the boards sincerely thank him for his invaluable commitment and contribution as an independent non-executive director. Sandton 19 May 2020 Sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited) Date: 19-05-2020 03:38:00 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.