FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRS331       ISIN: ZAG000196684
Bond code: FRS332       ISIN: ZAG000196676
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENTS

The JSE has granted FirstRand Bank the listings of its FRS331 and FRS332 unsecured structured notes, in terms of
its note programme (the programme) dated 29 November 2011, as amended from time to time, effective 2 June
2023.

Debt security code:                         FRS331
ISIN:                                       ZAG000196684
Coupon rate:                                3 Month JIBAR plus 300 basis points from the issue date and ending on
                                            but excluding 31 March 2026 and a fixed rate of 10.64% from 31 March
                                            2026 and ending on but excluding the maturity date
First interest payment date:                30 June 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
Maturity date:                              31 March 2032

Debt security code:                         FRS332
ISIN:                                       ZAG000196676
Coupon rate:                                3 Month JIBAR plus 300 basis points from the issue date and ending on
                                            but excluding 30 April 2026 and a fixed rate of 9.13% from 30 April 2026
                                            and ending on but excluding the maturity date
First interest payment date:                31 July 2023
Interest payment date(s):                   31 January, 30 April, 31 July and 31 October of each year until the
                                            maturity date
Last day to register:                       By 17:00 on 26 January, 25 April, 26 July and 26 October of each year
                                            until the maturity date
Books close:                                27 January, 26 April, 27 July and 27 October of each year until the
                                            maturity date
Maturity date:                              31 January 2030

Type of debt security:                      Mixed rate notes
Nominal issued:                             ZAR 50 000 000.00
Issue date:                                 2 June 2023
Issue price:                                100% of par
Interest commencement date:                 2 June 2023
Interest determination date(s):             The first business day of each interest period, with the first interest
                                            determination date being the issue date
Final maturity amount:                      100% of the aggregate nominal amount
Business day convention:                    Modified Following Business Day
Other:                                      The pricing supplements 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, the reference bond early redemption
                                            event, the early redemption at the option of the Issuer and the early
                                            redemption amount and the any conditions additional to, or modified
                                        from, those set forth in the terms and conditions provisions contained in
                                        the pricing supplements
Programme amount:                       ZAR 60 000 000 000.00
Total notes in issue under programme:   ZAR 34 558 023 740.97, as at the signature date of the FRS332
                                        pricing supplement
Dealer:                                 Rand Merchant Bank, a division of FirstRand Bank Limited




1 June 2023

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