FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration number: 1929/001225/06) Issuer code: FRII LEI: ZAYQDKTCATIXF9OQY690 Bond code: FRC267 ISIN: ZAG000150004 (FRB) NOTIFICATION OF A PARTIAL CAPITAL REDUCTION OF LISTED DEBT SECURITIES In accordance with the terms and conditions of FRB’s ZAR 60 000 000 000.00 note programme dated 29 November 2011, as amended or supplemented from time to time, noteholders are herewith advised of the partial capital reduction of the FRC267 notes (the notes). Bond code: FRC267 ISIN: ZAG000150004 Nominal amount before reduction: ZAR 30 130 700.00 Reduction in nominal amount: ZAR 6 030 700.00 Nominal amount after reduction: ZAR 24 100 000.00 Settlement/redemption amount: ZAR 6 001 885.00 Pay date/early redemption date: 22 May 2023 Accrued interest amount: ZAR 26 561.85, included in the settlement amount Annualised interest rate: 11.483% Interest period: 8 May 2023 to 21 May 2023 This reduction is due to the repurchase of the notes by FRB, in accordance with the terms and conditions of the FRC267 notes. 19 May 2023 Debt sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited)