FRII FRD FRLE FRTN - CEO change at RMB 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 JSE company code ETN issuer: FRTN LEI: ZAYQDKTCATIXF9OQY690 (FRB or the bank) CEO CHANGE AT RMB Noteholders are advised that after seven years as RMB CEO, Mr James Formby will hand over the role to Ms Emmarentia (Emrie) Brown effective 1 October 2022, at which point, Ms Brown will become a prescribed officer and join the FirstRand Limited (FirstRand or the group) strategic executive committee as the CEO of RMB. FirstRand’s succession planning is focused on building talent pools that enable promotion from within, thus ensuring strategic and operational continuity. Ms Brown began her career with RMB in 2001 and is a long-standing member of RMB’s senior management team. Currently the head of RMB’s Banking division, which represents the most significant portion of RMB’s total earnings, Ms Brown has extensive experience in lending, advisory, corporate transactional and investment banking, and has built strong, long-term client relationships. FirstRand congratulates Ms Brown on her new role. The group is grateful to Mr Formby for his careful and dedicated stewardship of RMB, which continued to deliver growth and returns to shareholders and maintained its market leadership position in both South Africa and the broader African region. Mr Formby has a number of options available to him within the broader group, which he is considering. Sandton 5 May 2022 Debt sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited) Date: 05-05-2022 08:35:00 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.