Report on proceedings at the annual general meeting FIRSTRAND LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1966/010753/06) JSE ordinary share code: FSR ISIN: ZAE000066304 JSE B preference share code: FSRP ISIN: ZAE000060141 NSX ordinary share code: FST (FirstRand or the group) REPORT ON PROCEEDINGS AT THE ANNUAL GENERAL MEETING At the 22nd (twenty second) annual general meeting ("AGM" or "the meeting") of the shareholders of FirstRand held on Thursday, 29 November 2018 all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes. In this regard, FirstRand confirms the voting statistics from the AGM as follows: Total number of shares that can be exercised at the meeting 100% 5 503 651 822 * Total number of shares present/represented including proxies at the meeting 87% 4 805 130 965 Total number of members present in person 17 Resolutions Votes cast disclosed as a Number of shares Shares voted Shares abstained percentage in relation to the total voted disclosed as a disclosed as a number of shares voted at the percentage in percentage in meeting relation to the relation to the total issued total issued shares ** shares** For Against Ordinary resolution number 1.1: Re- election of directors by way of separate resolution: NN Gwagwa 83.93% 16.07% 4 802 304 521 85.61% 0.05% Ordinary resolution number 1.2: Re- election of directors by way of separate resolution: AT Nzimande 96.24% 3.76% 4 790 913 987 85.41% 0.25% Ordinary resolution number 1.3: Re- election of directors by way of separate resolution: EG Matenge-Sebesho 99.47% 0.53% 4 802 304 521 85.61% 0.05% Ordinary resolution number 1.4: Re- election of directors by way of separate resolution: PJ Makosholo 76.45% 23.55% 4 802 304 521 85.61% 0.05% Ordinary resolution number 1.5: Vacancies filled by the directors during the year: T Winterboer 99.96% 0.04% 4 802 313 518 85.61% 0.05% Ordinary resolution number 1.6: Vacancies filled by the directors during the year: M Vilakazi 97.74% 2.26% 4 802 313 521 85.61% 0.05% Ordinary resolution number 1.7: Change in designation: JJ Durand 74.60% 25.40% 4 798 659 827 85.55% 0.12% Ordinary resolution number 2.1: Appointment of auditor: Deloitte & Touche 98.79% 1.21% 4 802 300 965 85.61% 0.05% Ordinary resolution number 2.2: Appointment of auditor: PricewaterhouseCoopers Inc. 89.15% 10.85% 4 802 300 965 85.61% 0.05% Ordinary resolution number 3: General authority to issue authorised but unissued ordinary shares for regulatory capital reasons 99.59% 0.41% 4 802 302 854 85.61% 0.05% Ordinary resolution number 4: General authority to issue authorised but unissued ordinary shares for cash 94.74% 5.26% 4 802 302 854 85.61% 0.05% Ordinary resolution number 5: Signing authority 100% 0.00% 4 802 395 793 85.61% 0.05% Advisory endorsement of remuneration policy 74.20% 25.80% 4 785 784 394 85.32% 0.34% Advisory endorsement of remuneration implementation report 74.39% 25.61% 4 802 362 276 85.61% 0.05% Special resolution number 1: General authority to repurchase ordinary shares 99.32% 0.68% 4 799 831 669 85.57% 0.09% Special resolution number 2.1: Financial assistance to directors and prescribed officers as employee share scheme beneficiaries 97.25% 2.75% 4 798 875 974 85.55% 0.11% Special resolution number 2.2: Financial assistance to related and interrelated entities 99.71% 0.29% 4 798 975 686 85.55% 0.11% Special resolution number 3: Remuneration of non-executive directors with effect from 1 December 2018 99.05% 0.95% 4 800 529 090 85.58% 0.08% * Total number of shares that can be exercised at the meeting is 5 503 651 822 (the number excludes the shares held by FirstRand employee share trusts, whose votes are not taken into account in terms of the JSE Listing Requirements) ** Total issued shares is 5 609 488 001 With regards to the non-binding advisory resolutions that received less than the required 75% of votes, the group will directly engage with shareholders, the timing of which will be advised to shareholders in due course. Sandton 30 November 2018 Sponsor RAND MERCHANT BANK (a Division of FirstRand Bank Limited) Date: 30/11/2018 05:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.