FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration number: 1929/001225/06) Issuer code: FRII LEI: ZAYQDKTCATIXF9OQY690 Bond code: FRC370 ISIN: ZAG000177163 Bond code: FRC371 ISIN: ZAG000177189 Bond code: FRC376 ISIN: ZAG000178831 Bond code: FRC377 ISIN: ZAG000178849 (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 FRC370, FRC371, FRC376 and FRC377 notes (the notes). Bond code: FRC370 ISIN: ZAG000177163 Nominal amount before reduction: R 143 000 000.00 Reduction in nominal amount: R 143 000 000.00 Nominal amount after reduction: R 0.00 Settlement / redemption amount: R 143 000 000.00 Accrued interest amount: R 1 733 348.05, included in the settlement amount Annualised interest rate: 5.267% Bond code: FRC371 ISIN: ZAG000177189 Nominal amount before reduction: R 143 000 000.00 Reduction in nominal amount: R 143 000 000.00 Nominal amount after reduction: R 0.00 Settlement/redemption amount: R 143 000 000.00 Accrued interest amount: R 1 749 802.85, included in the settlement amount Annualised interest rate: 5.317% Bond code: FRC376 ISIN: ZAG000178831 Nominal amount before reduction: R 92 850 000.00 Reduction in nominal amount: R 92 850 000.00 Nominal amount after reduction: R 0.00 Settlement / redemption amount: R 92 850 000.00 Accrued interest amount: R 1 009 648.36, included in the settlement amount Annualised interest rate: 4.725% Bond code: FRC377 ISIN: ZAG000178849 Nominal amount before reduction: R 92 850 000.00 Reduction in nominal amount: R 92 850 000.00 Nominal amount after reduction: R 0.00 Settlement/redemption amount: R 92 850 000.00 Accrued interest amount: R 998 964.25, included in the settlement amount Annualised interest rate: 4.675% Interest period: 20 March 2023 to 11 June 2023 Pay date/early redemption date: 12 June 2023 Record date (for STRATE purposes): 9 June 2023 These reductions are due to the repurchase of the notes by FRB, in accordance with the terms and conditions of the notes. 8 June 2023 Debt sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited)