FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration number: 1929/001225/06) Issuer code: FRII LEI: ZAYQDKTCATIXF9OQY690 Bond code: FRC467 ISIN: ZAG000196114 (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 R60 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 FRC467 notes (the notes) and accrued interest payment. Bond code: FRC467 ISIN: ZAG000196114 Nominal amount before reduction: R130 000 000.00 Reduction in nominal amount: R60 000 000.00 Nominal amount after reduction: R70 000 000.00 Settlement / redemption amount: R 60,921,534.00 Pay date/early redemption date: 15 November 2023 Record date (for STRATE purposes): 14 November 2023 Effective date of reduction: 15 November 2023 Accrued interest amount: ZAR 978 818.63, included in the settlement amount Coupon rate: 10.633% Interest period: 20 September 2023 to 14 November 2023 Pay date / effective date: 15 November 2023 This reduction is due to the repurchase of the notes by FRB, in accordance with the terms and conditions of the notes. 13 November 2023 Debt sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited)