FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration number: 1929/001225/06) Issuer code: FRTN LEI: ZAYQDKTCATIXF9OQY690 Alpha code: EGETNC ISIN: ZAE000300380 Alpha code: EGETNQ ISIN: ZAE000300398 Alpha code: WWETNC ISIN: ZAE000300356 Alpha code: WWETNQ ISIN: ZAE000300349 (FRB or the Issuer) CORRECTION ANNOUNCEMENT: RECEIPT OF DIVIDEND PAYMENT AND UPDATE TO THE NET ASSET VALUE Holders of the EGETNC, EGETNQ, WWETNC and WWETNQ exchange-traded notes (ETNs) are referred to the announcements released on SENS on 26 May 2022 (announcement), in relation to the update to the net asset value (NAV) of the ETNs. The Issuer wishes to notify the holders of the ETNs that the effective tax rate contained in the previous announcements was incorrect. The correct effective tax rate is 0% resulting in the below amended reinvestment amounts. Alpha code ISIN Reinvestment amount EGETNC ZAE000300380 $0.031/share EGETNQ ZAE000300398 $0.031/share WWETNC ZAE000300356 $0.169/share WWETNQ ZAE000300349 $0.169/share FRB further confirms that the correct amounts were reinvested as per the announcement and applied to the NAV of the ETNs, 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/ 9 December 2022 Debt sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited)