FIRSTRAND BANK LIMITED - FRC591 - Listing of New Financial Instrument

FRC591 - 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: FRC591       ISIN: ZAG000218033
(FRB)

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE has granted FRB the listing of its FRC591 senior unsecured unsubordinated notes, in terms of its note programme (the programme)
dated 29 November 2011, as amended or supplemented from time to time, effective 12 August 2025.

Debt security code:                                FRC591
ISIN:                                              ZAG000218033
Type of debt security:                             Mixed rate credit linked notes
Nominal issued:                                    R75 000 000.00
Issue date:                                        12 August 2025
Issue price:                                       100% of par
Interest commencement date:                        12 August 2025
Coupon rate:                                       3 Month JIBAR plus 180 basis points for all interest periods commencing from the issue
                                                   date and ending on but excluding 30 June 2030 and 11.15% per annum for all interest
                                                   periods commencing from 30 June 2030 and ending on but excluding the maturity date
First interest payment date:                       30 September 2025
Interest determination date(s):                    The first business day of each interest period, with the first interest determination date
                                                   being the issue date
Interest payment date(s):                          31 March, 30 June, 30 September and 31 December in each year until the maturity date
Last day to register:                              By 17:00 on 26 March, 25 June, 25 September and 26 December in each year until the
                                                   maturity date
Books close:                                       27 March, 26 June, 26 September and 27 December in each year until the maturity date
Business day convention:                           Modified following business day
Maturity date:                                     31 March 2038, subject to paragraph 51 of the pricing supplement
Final redemption amount:                           100% of the aggregate nominal amount
Summary of additional terms:                       In addition to the terms and conditions contained in the programme, please refer to the
                                                   cessation of interest, mixed rate note, the early redemption at the option of the issuer, the
                                                   early redemption amount and the credit linked notes provisions as contained in the pricing
                                                   supplement

Programme amount:                                  R60 000 000 000.00
Total notes in issue under programme:              R54 498 772 130.79 as at the signature date of the pricing supplement
Dealer:                                            FirstRand Bank Limited, acting through its Rand Merchant Bank division

8 August 2025

Debt sponsor
FirstRand Bank Limited

Date: 08-08-2025 12:50:00
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