FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRB36
ISIN: ZAG000196601
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted FirstRand Bank Limited approval for the listing of its unsecured subordinated Tier 2
capital notes, in terms of its domestic medium term note programme (the programme) dated 13 April 2021, as
amended from time to time, effective 14 June 2023.

Debt security code:                          FRB36
ISIN:                                        ZAG000196601
Type of debt security:                       Floating rate notes
Nominal issued:                              R 2 500 000 000.00
Issue date:                                  14 June 2023
Issue price:                                 100%
Interest commencement date:                  14 June 2023
Coupon rate:                                 3 Month JIBAR plus 188 basis points
Interest determination date(s):              9 June 2023 for the first interest period and thereafter the first business
                                             day of each interest period
First interest payment date:                 14 September 2023
Interest payment date(s):                    14 March, 14 June, 14 September and 14 December of each year until
                                             the maturity date, or if such day is not a business day, the business day
                                             on which interest will be paid, as determined in accordance with the
                                             Applicable business day convention (as specified in the applicable pricing
                                             supplement)
Last day to register:                        The register will be closed by 17:00 on 8 March, 8 June, 8 September
                                             and 8 December for each year until maturity date, or if such day is not a
                                             business day, the business day preceding each books closed period
Books closed periods:                        The register will be closed from 9 March to 13 March, 9 June to 13 June,
                                             9 September to 13 September and 9 December to 13 December (all
                                             dates inclusive) for each year until the maturity date
Maturity date:                               14 September 2033
Applicable business day convention:          Following business day
Final maturity amount:                       100% of the nominal value subject to the applicable capital regulations
Other:                                       The pricing supplement contains additional terms and conditions in
                                             addition to the terms and conditions contained in the programme
Summary of additional terms:                 Please refer to the provisions applicable to the subordinated notes,
                                             provisions regarding redemption/maturity, trigger events and the
                                             additional conditions section contained in the pricing supplement
Programme amount:                            R 100 000 000 000.00
Total notes in issue under programme:        R 78 924 580 830.00 as at the signature date of the pricing
                                             supplement
Dealer:                                      Rand Merchant Bank, a division of FirstRand Bank Limited



12 June 2023

Debt sponsor
Rand Merchant Bank (a division of FirstRand Bank Limited)