FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration number: 1929/001225/06) Issuer code: FRII LEI: ZAYQDKTCATIXF9OQY690 Bond code: FRC429 ISIN: ZAG000189192 Bond code: FRC430 ISIN: ZAG000189200 (FRB) NOTIFICATION OF FULL CAPITAL REDUCTIONS AND ACCRUED INTEREST PAYMENTS 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 full capital reductions and accrued interest payments of the FRC429 and FRC430 notes (the notes). Bond code: FRC429 ISIN: ZAG000189192 Nominal amount before reduction: ZAR 50 000 000.00 Reduction in nominal amount: ZAR 50 000 000.00 Nominal amount after reduction: ZAR 0.00 Settlement / redemption amount: ZAR 50 452 472.60 Accrued interest amount: ZAR 452 472.60, included in the settlement amount Annualised interest rate: 10.655% Bond code: FRC430 ISIN: ZAG000189200 Nominal amount before reduction: ZAR 50 000 000.00 Reduction in nominal amount: ZAR 50 000 000.00 Nominal amount after reduction: ZAR 0.00 Settlement/redemption amount: ZAR 50 472 219.18 Accrued interest amount: ZAR 472 219.18, included in the settlement amount Annualised interest rate: 11.120% Interest period: 28 April 2023 to 28 May 2023 Pay date/early redemption date: 29 May 2023 These reductions are due to the repurchase of the notes by FRB, in accordance with the terms and conditions of the notes. 25 May 2023 Debt sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited)