FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRS333       ISIN: ZAG000196759
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE has granted FirstRand Bank the listing of its FRS333 unsecured structured notes, in terms of its note
programme (the programme) dated 29 November 2011, as amended from time to time, effective 5 June 2023.

Type of debt security:                      Mixed rate notes
Debt security code:                         FRS333
ISIN:                                       ZAG000196759
Nominal issued:                             ZAR 120 000 000.00
Issue date:                                 5 June 2023
Issue price:                                100% of par
Interest commencement date:                 5 June 2023
Interest determination date(s):             The first business day of each interest period, with the first interest
                                            determination date being the issue date
Coupon rate:                                3 Month JIBAR plus 300 basis points, with a maximum rate of 12.27%,
                                            from the issue date and ending on but excluding 7 March 2028 and a
                                            fixed rate of 12.50% from 7 March 2028 and ending on but excluding the
                                            maturity date
First interest payment date:                7 September 2023
Interest payment date(s):                   7 March, 7 June, 7 September and 7 December of each year until the
                                            maturity date
Last day to register:                       By 17:00 on 2 March, 2 June, 2 September and 2 December of each year
                                            until the maturity date
Books close:                                3 March, 3 June, 3 September and 3 December of each year until the
                                            maturity date
Maturity date:                              7 December 2033
Final maturity amount:                      100% of the aggregate nominal amount
Business day convention:                    Following Business Day
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, the provisions relating to redemption,
                                            the net asset value event, 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
                                            supplement
Programme amount:                           ZAR 60 000 000 000.00
Total notes in issue under programme:       ZAR 34 678 023 740.97, as at the signature date of the pricing
                                            supplement
Dealer:                                     Rand Merchant Bank, a division of FirstRand Bank Limited


2 June 2023

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