FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRC424       ISIN: ZAG000188145
Bond code: FRC425       ISIN: ZAG000187152
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENTS

The JSE has granted FRB the listings of its FRC424 and FRC425 senior unsecured unsubordinated notes, in terms
of its note programme (the programme) dated 29 November 2011, as amended from time to time, effective 14 July
2022.

Debt security code:                         FRC424
ISIN:                                       ZAG000188145
Coupon rate:                                3 Month JIBAR plus 320.0 basis points, subject to a maximum rate of
                                            11.5650%, for all interest periods commencing from the issue date and
                                            ending on but excluding 30 November 2027 and 11.3226% for all interest
                                            periods commencing from 30 November 2027 and ending on but
                                            excluding the maturity date
First interest payment date:                31 August 2022
Interest payment date(s):                   28 February, 31 May, 31 August and 30 November of each year until the
                                            maturity date
Last day to register:                       By 17:00 on 23 February, 26 May, 26 August and 25 November of each
                                            year until the maturity date
Books close:                                24 February, 27 May, 27 August and 26 November of each year until the
                                            maturity date
Maturity date:                              28 February 2035, subject to paragraph 51 of the pricing supplement

Debt security code:                         FRC425
ISIN:                                       ZAG000188152
Coupon rate:                                3 Month JIBAR plus 300 basis points, subject to a maximum rate of
                                            11.3450%, for all interest periods commencing from the issue date and
                                            ending on but excluding 31 October 2027 and 9.6033% for all interest
                                            periods commencing from 31 October 2027 and ending on but excluding
                                            the maturity date
First interest payment date:                31 July 2022
Interest payment date(s):                   31 January, 30 April, 31 July and 31 October of each year until the
                                            maturity date
Last day to register:                       By 17:00 on 26 January, 25 April, 26 July and 26 October of each year
                                            until the maturity date
Books close:                                27 January, 26 April, 27 July and 27 October of each year until the
                                            maturity date
Maturity date:                              31 January 2030, subject to paragraph 51 of the pricing supplement


Nominal issued:                             ZAR 50 000 000.00
Type of debt security:                      Credit linked notes
Issue date:                                 14 July 2022
Issue price:                                100% of par
Interest commencement date:                 14 July 2022
Interest determination date(s):             The first business day of each interest period, with the first interest
                                            determination date being the issue date
Business day convention:                    Modified following business day
Final maturity amount:                      100% of the aggregate nominal amount
Other:                                  The pricing supplements contain 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 provisions, cessation of interest,
                                        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 supplements
Programme amount:                       ZAR 60 000 000 000.00
Total notes in issue under programme:   ZAR 31 011 834 399.30 as at the signature date of the FRC425
                                        pricing supplement
Dealer:                                 Rand Merchant Bank, a division of FirstRand Bank Limited



13 July 2022

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)