FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRB37
ISIN: ZAG000197674
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted FirstRand Bank Limited approval for the listing of its unsecured subordinated Additional
Tier 1 capital notes, in terms of its domestic medium term note programme (the programme) dated 13 April 2021, as
amended from time to time, effective 26 July 2023.

Debt security code:                          FRB37
ISIN:                                        ZAG000197674
Type of debt security:                       Floating rate notes
Nominal issued:                              R1 387 000 000.00
Issue date:                                  26 July 2023
Issue price:                                 100%
Interest commencement date:                  26 July 2023
Coupon rate:                                 3 Month JIBAR plus 310 basis points
Interest determination date(s):              21 July 2023 for the first interest period and thereafter the first business
                                             day of each interest period
First interest payment date:                 26 November 2023
Interest payment date(s):                    26 February, 26 May, 26 August and 26 November 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 20 February, 20 May, 20 August
                                             and 20 November 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 21 February to 25 February, 21 May to
                                             25 May, 21 August to 25 August and 21 November to 25 November (all
                                             dates inclusive) for each year until the maturity date
Maturity date:                               Perpetual, subject to paragraph 19 of the applicable pricing supplement
Applicable business day convention:          Modified following business day
Final maturity amount:                       100% of the nominal value subject to the applicable capital regulations
Other:                                       The applicable 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 and trigger events
                                             contained in the applicable pricing supplement
Programme amount:                            R100 000 000 000.00
Total notes in issue under programme:        R81 399 702 409.00 as at the signature date of the applicable
                                             pricing supplement
Dealer:                                      Rand Merchant Bank, a division of FirstRand Bank Limited



24 July 2023

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