Enhanced Investments - Financial Portal

LLETNC LLETNQ - Receipt of Dividend Payment and Update to the Net Asset Value

Published: 2025-09-11 15:00:23 ET

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
JSE company code ETN issuer: FRTN
LEI: ZAYQDKTCATIXF9OQY690
JSE Alpha code: LLETNC             ISIN: ZAE000334462
JSE Alpha code: LLETNQ             ISIN: ZAE000334454
(FRB)


RECEIPT OF DIVIDEND PAYMENT AND UPDATE TO THE NET ASSET VALUE

Holders of the LLETNC and LLETNQ exchange-traded notes (ETNs) are advised that on Wednesday, 10 September 2025,
Eli Lilly & Co paid a dividend of $1.50 per share. As per published guidance, this dividend was synthetically reinvested, net of
all taxes, charges and fees, for the ETNs at the US closing price on Wednesday, 10 September 2025. The result of the
synthetic dividend reinvestment is to increase the fractional number of shares each ETN references and no distribution or
payment will be made.

Dividend amount $1.50/share
Effective tax rate 15.00%
Reinvestment amount $1.275 /share
Reinvestment price $754.62/share

The daily published net asset value (NAV) has already been updated to include the effect of the dividend being paid, which
can be viewed at:
https://www.rmb.co.za/page/inward-listed-etns

NAV formulae for the instruments can be found at:
https://www.firstrand.co.za/investors/debt-investor-centre/prospectuses-and-programme-memoranda/
https://www.firstrand.co.za/investors/debt-investor-centre/jse-listed-instruments/



11 September 2025

JSE Debt sponsor
FirstRand Bank Limited

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.