FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRC492       ISIN: ZAG000201567
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE has granted FRB the listing of its FRC492 senior unsecured unsubordinated notes, in terms of its note
programme (the programme) dated 29 November 2011, as amended from time to time, effective 30 November 2023.

Debt security code:                         FRC492
ISIN:                                       ZAG000201567
Type of debt security:                      Credit linked notes
Nominal issued:                             R 30 000 000.00
Issue date:                                 30 November 2023
Issue price:                                100% of par
Interest commencement date:                 30 November 2023
Coupon rate:                                3 Month JIBAR plus 300 basis points for all interest periods commencing
                                            from the issue date and ending on but excluding 30 September 2028 with
                                            a maximum rate of 11.25%, and 10.40% for all interest periods
                                            commencing from 30 September 2028 and ending on but excluding the
                                            maturity date
Interest determination date(s):             The first business day of each interest period, with the first interest
                                            determination date being the issue date
First interest payment date:                31 December 2023
Interest payment date(s):                   31 March, 30 June, 30 September and 31 December in each year until
                                            the maturity date
Last day to register:                       By 17:00 on 26 March, 25 June, 25 September and 26 December in each
                                            year until the maturity date
Books close:                                27 March, 26 June, 26 September and 27 December in each year until
                                            the maturity date
Business day convention:                    Modified following business day
Maturity date:                              31 March 2032, subject to paragraph 51 of the pricing supplement
Final maturity amount:                      100% of the aggregate nominal amount
Other:                                      The pricing supplement contains additional terms and conditions to the
                                            terms and conditions as contained in the programme
Summary of additional terms:                Please refer to the mixed rate note provision, the cessation of interest,
                                            the reference obligation early redemption event, the early redemption at
                                            the option of the issuer, the early redemption amount and the credit
                                            linked notes provisions as contained in the pricing supplement
Programme amount:                           R 60 000 000 000.00
Total notes in issue under programme:       R 35 917 071 188.52 as at the signature date of the pricing
                                            supplement
Dealer:                                     Rand Merchant Bank, a division of FirstRand Bank Limited




29 November 2023

Debt sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)