FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration number: 1929/001225/06) Issuer code: FRII LEI: ZAYQDKTCATIXF9OQY690 Bond code: FRC475 ISIN: ZAG000196593 (FRB) NOTIFICATION OF A PARTIAL CAPITAL REDUCTION OF LISTED DEBT SECURITIES AND ACCRUED INTEREST PAYMENT 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 partial capital reduction of the FRC475 notes (the notes) and accrued interest payment. Bond code: FRC475 ISIN: ZAG000196593 Nominal amount before reduction: R235 000 000.00 Reduction in nominal amount: R8 000 000.00 Nominal amount after reduction: R227 000 000.00 Settlement/redemption amount: R5 401 234.00 Pay date/early redemption date: 14 August 2023 Accrued interest amount: R 21 206.36, included in the settlement amount Annualised interest rate: 6.911% Interest period: 31 July 2023 to 13 August 2023 This reduction is due to the early redemption of the notes by FRB, in accordance with the terms and conditions of the FRC475 notes. 02 August 2023 Debt sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited)