FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRC457       ISIN: ZAG000194465
Bond code: FRC458       ISIN: ZAG000194481
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENTS

The JSE has granted FRB the listing of its FRC457 and FRC458 senior unsecured unsubordinated notes, in terms of
its note programme (the programme) dated 29 November 2011, as amended from time to time, effective 10 March
2023.

Debt security code:                         FRC457
ISIN:                                       ZAG000194465
Type of debt security:                      Credit linked notes
Nominal issued:                             ZAR 35 300 000.00
Issue price:                                101.5577558% of par
Interest commencement date:                 16 February 2023
Coupon rate:                                3 Month JIBAR plus 208 basis points for the interest periods commencing
                                            on (and including) the interest commencement date and ending on but
                                            excluding the first instalment date and 3 Month JIBAR plus 155 basis
                                            points for the interest period commencing on (and including) the first
                                            instalment date and ending on but excluding the maturity date
Interest determination date(s):             The first business day of each interest period, with the first interest
                                            determination date being the issue date
First interest payment date:                16 May 2023
Interest payment date(s):                   16 February, 16 May, 16 August and 16 November of each year until the
                                            maturity date and 14 December 2027
Last day to register:                       By 17:00 on 11 February, 11 May, 11 August and 11 November of each
                                            year until the maturity date and 9 December 2027
Books close:                                12 February, 12 May, 12 August and 12 November of each year until the
                                            maturity date and 10 December 2027
Maturity date:                              14 December 2027, subject to paragraph 51
Final maturity amount:                      An amount as determined by the Calculation Agent in accordance with
                                            paragraph 46 of the pricing supplement
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      original aggregate       nominal amount,
                                            redemption/payment basis, the reference obligation early redemption
                                            event, the early redemption at the option of the issuer, the early and final
                                            redemption amounts, the additional provisions relating to the redemption
                                            of the notes, the instalment note provision and the credit linked notes
                                            provisions as contained in the pricing supplement

Debt security code:                         FRC458
ISIN:                                       ZAG000194481
Type of debt security:                      Credit linked notes
Nominal issued:                             ZAR 25 000 000.00
Issue price:                                100% of par
Interest commencement date:                 10 March 2023
Coupon rate:                                3 Month JIBAR plus 285 basis points
Interest determination date(s):             The first business day of each interest period
First interest payment date:                20 March 2023
Interest payment date(s):                   20 March, 20 June, 20 September and 20 December of each year until
                                            the maturity date
Last day to register:                   By 17:00 on 15 March, 15 June, 15 September and 15 December of each
                                        year until the maturity date
Books close:                            16 March, 16 June, 16 September and 16 December of each year until
                                        the maturity date
Maturity date:                          20 December 2029
Final maturity amount:                  100% of the aggregate nominal amount, subject to paragraph 51 of the
                                        pricing supplement
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 cessation of interest, the net asset value and
                                        reference obligation early redemption events, 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


Issue date:                             10 March 2023
Business day convention:                Modified following business day
Programme amount:                       ZAR 60 000 000 000.00
Total notes in issue under programme:   ZAR 32 078 756 098.47 as at the signature date of the FRC458
                                        pricing supplement
Dealer:                                 Rand Merchant Bank, a division of FirstRand Bank Limited




09 March 2023

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