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FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration No. 1929/001225/06) Issuer Code: FRLE LEI: ZAYQDKTCATIXF9OQY690 ETF Code: KCCGLD ISIN: ZAE000195830 (FRB) KRUGERRAND CUSTODIAL CERTIFICATE: CLAUSE 11 NOTIFICATION In line with clause 11 of the offering circular dated 21 October 2014 (clause 11 and offering circular, respectively), investors are advised that 4 Krugerrand coins (the coins) constituting less than 0.2% of the inventory held by Brink’s Southern Africa Proprietary Limited (the custodian) are unaccounted for. FRB wishes to notify investors that an assessment of the quantum of the loss has taken place and confirms that the total loss is within the ZAR 3 000 000.00 threshold, as stipulated in the terms and conditions of the offering circular. FRB has replaced these coins, bringing the records of the custodian in balance again. FRB further confirms that the procedures set out in clause 11 will be duly followed and that the loss covered amounts to ZAR 123 241.51, and the remaining balance of the loss threshold is ZAR 2 743 685.13. Investors can contact Raymond Phillips on +27 11 269 9140 for confirmation of the remaining balance of the loss threshold. Investors are further advised that the 2021 audit report of underlying asset holdings with the custodian will be made available in due course. 29 September 2022 Debt sponsor Rand Merchant Bank (a division of FirstRand Bank Limited)
