FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRS316
ISIN: ZAG000193699
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted FirstRand Bank Limited the listing of its FRS316 senior unsecured unsubordinated
structured notes, in terms of its note programme (the programme) dated 29 November 2011, as amended from time
to time, effective 16 February 2023.

Debt security code:                          FRS316
ISIN:                                        ZAG000193699
Type of debt security:                       Mixed rate note
Nominal issued:                              ZAR 75 000 000.00
Issue date:                                  16 February 2023
Issue price:                                 100% of par
Interest commencement date:                  16 February 2023
Coupon rate:                                 3 Month JIBAR plus 300 basis points for all interest periods commencing
                                             from the issue date and ending on but excluding 31 December 2027,
                                             subject to a maximum rate of 10.765% and 9.420% for all interest periods
                                             commencing from and including 31 December 2027 and ending on but
                                             excluding the maturity date
Interest determination date(s):              For all interest periods commencing from the issue date and ending on
                                             but excluding 31 December 2027, the first business day of each interest
                                             period, with the first interest determination date being the issue date
First interest payment date:                 31 March 2023
Interest payment date(s):                    31 March, 30 June, 30 September and 31 December of each year until
                                             the maturity date
Last day to register:                        By 17:00 on 26 March, 25 June, 25 September and 26 December of each
                                             year until the maturity date
Books close:                                 27 March, 26 June, 26 September and 27 December of each year until
                                             the maturity date
Business day convention:                     Modified Following Business Day
Maturity date:                               31 March 2032
Final maturity amount:                       100% of the aggregate nominal amount
Other:                                       The pricing supplement contains additional terms and conditions to the
                                             terms and conditions as contained in the programme
Summary of additional terms:                 Please refer to the mixed rate note provisions, reference bond early
                                             redemption event, the early redemption at the option of the issuer, the
                                             early redemption amount and the reference bond and hedging disruption
                                             provisions as contained in the pricing supplement
Programme amount:                            ZAR 60 000 000 000.00
Total notes in issue under programme:        ZAR 31 958 437 830.47 as at the signature date of the pricing
                                             supplement
Dealer:                                      FirstRand Bank Limited, acting through its Rand Merchant Bank division



15 February 2023

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)