FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRB34
ISIN: ZAG000192238
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE has granted FirstRand Bank Limited approval for the listing of its unsecured subordinated additional Tier 1
capital notes, in terms of its domestic medium term note programme (the programme) dated 13 April 2021, as
amended from time to time, effective 2 December 2022.

Debt security code:                          FRB34
ISIN:                                        ZAG000192238
Type of debt security:                       Floating rate notes
Nominal issued:                              ZAR 2 804 000 000.00
Issue date:                                  2 December 2022
Issue price:                                 100%
Interest commencement date:                  2 December 2022
Coupon rate:                                 3 Month JIBAR plus 340 basis points
Interest determination date(s):              28 November 2022 for the first interest period and thereafter the first
                                             business day of each interest period
First interest payment date:                 2 March 2023
Interest payment date(s):                    2 March, 2 June, 2 September and 2 December of each year until the
                                             Maturity date
Last day to register:                        The register will be closed by 17:00 on 19 February, 22 May, 22 August
                                             and 21 November, or if such day is not a Business Day, the Business
                                             Day preceding each Books Closed Period, for each year until the Maturity
                                             date
Books closed periods:                        The register will be closed from 20 February to 1 March, 23 May to 1
                                             June, 23 August to 1 September and 22 November to 1 December (all
                                             dates inclusive) for each year until the Maturity date
Maturity date:                               Perpetual, subject to paragraph 19 of the pricing supplement
Business day convention:                     Modified Following business day
Final maturity amount:                       The aggregate outstanding Nominal Amount (plus accrued interest, if any,
                                             to the Maturity Date)
Other:                                       The pricing supplement contains additional terms and conditions in
                                             addition to the terms and conditions contained in the programme
Summary of additional terms:                 Please refer to the provisions applicable to subordinated notes,
                                             provisions regarding redemption/maturity, trigger events and the
                                             additional conditions section contained in the pricing supplement
Programme amount:                            ZAR 100 000 000 000.00
Total notes in issue under programme:        ZAR 75 070 580 830.00 as at the signature date of the FRB34
                                             pricing supplement
Dealer:                                      Rand Merchant Bank, a division of FirstRand Bank Limited



30 November 2022

Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)