FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRC426       ISIN: ZAG000188707
Bond code: FRC427       ISIN: ZAG000188715
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENTS

The JSE has granted FRB the listings of its FRC426 and FRC427 senior unsecured unsubordinated notes, in terms
of its note programme (the programme) dated 29 November 2011, as amended from time to time, effective 3 August
2022.

Debt security code:                         FRC426
ISIN:                                       ZAG000188707
Coupon rate:                                3 Month JIBAR plus 300 basis points, subject to a maximum rate of
                                            11.1070%, for all interest periods commencing from the issue date and
                                            ending on but excluding 30 September 2027 and 11.3272% for all
                                            interest periods commencing from 30 September 2027 and ending on but
                                            excluding the maturity date

Debt security code:                         FRC427
ISIN:                                       ZAG000188715
Coupon rate:                                3 Month JIBAR plus 350 basis points, subject to a maximum rate of
                                            11.417%, for all interest periods commencing from the issue date and
                                            ending on but excluding 30 September 2026 and 10.6214% for all
                                            interest periods commencing from 30 September 2026 and ending on but
                                            excluding the maturity date


Nominal issued:                             ZAR 110 000 000.00
Type of debt security:                      Credit linked notes
Issue date:                                 3 August 2022
Issue price:                                100% of par
Interest commencement date:                 3 August 2022
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:                30 September 2022
Interest payment date(s):                   31 March, 30 June, 30 September and 31 December of each year until
                                            the maturity date
Last day to register:                       By 17:00 on 26 March, 25 June, 25 September and 26 December of each
                                            year until the maturity date
Books close:                                27 March, 26 June, 26 September and 27 December of 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 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 30 730 334 399.30 as at the signature date of the FRC427
                                            pricing supplement
Dealer:                                Rand Merchant Bank, a division of FirstRand Bank Limited



2 August 2022

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