FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration number: 1929/001225/06) Issuer code: FRTN LEI: ZAYQDKTCATIXF9OQY690 Alpha code: JPETNC ISIN: ZAE000293445 Alpha code: JPETNQ ISIN: ZAE000293593 (FRB) RECEIPT OF DIVIDEND PAYMENT AND UPDATE TO THE NET ASSET VALUE Holders of the JPETNC and JPETNQ exchange-traded notes (ETNs) are advised that on Monday, 31 July 2023, JP Morgan Chase & Co paid a dividend of $1 per share. As per published guidance, this dividend was synthetically reinvested, net of all taxes, charges and fees, for the ETNs at the US closing price on Monday, 31 July 2023. The result of the synthetic dividend reinvestment is to increase the fractional number of shares each ETN references and no distribution or payment will be made. Dividend amount $1/share Effective tax rate 15% Reinvestment amount $0.85/share Reinvestment price $157.96/share The daily published net asset value (NAV) has already been updated to include the effect of the dividend being paid, which can be viewed at: https://www.rmb.co.za/page/inward-listed-etns NAV formulae for the instruments can be found at: https://www.firstrand.co.za/investors/debt-investor-centre/prospectuses-and-programme-memoranda/ https://www.firstrand.co.za/investors/debt-investor-centre/jse-listed-instruments/ 01 August 2023 Debt sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited)