KCCGLD - Krugerrand Custodial Certificate: Audit Report and Clause 11 Notification FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration No. 1929/001225/06) Issuer Code: FRLE LEI: ZAYQDKTCATIXF9OQY690 ETF Code: KCCGLD ISIN: ZAE000195830 (FRB) KRUGERRAND CUSTODIAL CERTIFICATE: AUDIT REPORT AND CLAUSE 11 NOTIFICATION KRUGERRAND CUSTODIAL CERTIFICATE: AUDIT REPORT In line with clause 15.4.2 of the offering circular dated 21 October 2014 (the offering circular), investors are advised that the latest Krugerrand Custodial Certificate audit report (the report) of the underlying asset holdings at Brink’s Southern Africa Proprietary Limited (the custodian) is available for review on the following website: https://www.rmb.co.za/page/krugerrandcustodial-certificate. CLAUSE 11 NOTIFICATION In line with clause 11 of the offering circular (clause 11), investors are further advised that 5 Krugerrand coins (the coins) constituting less than 0.2% of inventory held by the custodian are unaccounted for. FRB wishes to notify investors that an assessment of the the quantum of the loss has taken place and confirms that the total loss is within the ZAR 3 000 000.00 threshold, as stipulated in the terms and conditions of the offering circular. FRB has replaced these coins, bringing the records of the custodian in balance again. FRB further confirms that the procedures set out in clause 11 will be duly followed and that the loss covered amounts to ZAR 133 073.36, and the remaining balance of the loss threshold is ZAR 2 866 926.64. Investors can contact Ettienne van Wyk on +27 11 269 9607 for confirmation of the remaining balance of the loss threshold. 15 September 2021 Debt sponsor Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 15-09-2021 05:00:00 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.