FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration number: 1929/001225/06) Issuer code: FRII LEI: ZAYQDKTCATIXF9OQY690 Bond code: FRC343 ISIN: ZAG000169533 (FRB) NOTIFICATION OF A FULL CAPITAL REDUCTION AND ACCRUED INTEREST PAYMENT 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 reduction of the FRC343 notes (the notes). Bond code: FRC343 ISIN: ZAG000169533 Nominal amount before reduction: R180 000 000.00 Reduction in nominal amount: R180 000 000.00 Nominal amount after reduction: R0.00 Settlement/redemption amount: R191 099 889.33 Accrued interest amount: R3 616 890.41, included in the settlement amount Annualised interest rate: 9.525% Interest period: 22 March 2023 to 6 June 2023 Pay date/early redemption date: 7 June 2023 Record date (for STRATE purposes): 6 June 2023 This reduction is due to the repurchase of the notes by FRB, in accordance with the terms and conditions of the notes. 5 June 2023 Debt sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited)