FIRSTRAND BANK LIMITED - FRE017 - Listing of Structured Product Notes

FRE017 - Listing of Structured Product Notes

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
JSE company code structured product issuer: FRBT
LEI: ZAYQDKTCATIXF9OQY690
Stock code: FRE017                     ISIN:   ZAE000355681
(FRB)


LISTING OF STRUCTURED PRODUCT NOTES

The JSE Limited (JSE) has granted FRB approval for the listing of the FRE017 structured products notes (SPs), which will be
listed on the main board of the JSE in the investment products sector, with effect from the commencement of business on
Friday, 05 December 2025 and traded through any authorised user of the JSE.

Long name:                                               FRB SP1355Dec3013
Short name:                                              FRBSP3013
Stock code:                                              FRE017
ISIN code:                                               ZAE000355681
Instrument number:                                       124746
Underlying asset:                                        Societe Generale SGI Dynamic US Equity & Gold Vol. Controlled
                                                         5.5% Index
Issue date:                                              05 December 2025
Issue size (units):                                      11 001 structured notes of R1 000 each
Denomination:                                            ZAR
Issue price (Rands):                                     R956.25
Instalment amounts:                                      On each instalment date, an amount in ZAR determined and
                                                         calculated by the calculation agent as per the pricing supplement

First Instalment
Fixed coupon amount 1:                                   An amount in ZAR determined and calculated by the
                                                         calculation agent equal to the below:
                                                         FCA1 =25%*ANA*(20%), all definitions used in this calculation are
                                                         as per the pricing supplement
Valuation date:                                          Thursday, 26 November 2026
Finalisation date announced by 11:00:                    Monday, 30 November 2026
Last day to trade:                                       Monday, 30 November 2026
Ex-date:                                                 Tuesday, 01 December 2026
Record date:                                             Thursday, 03 December 2026
Payment/settlement date:                                 Monday, 07 December 2026

Second Instalment
Fixed coupon amount 2:                                   An amount in ZAR determined and calculated by the
                                                         calculation agent equal to the below:
                                                         FCA2 =25%*ANA*(40%), all definitions used in this calculation are
                                                         as per the pricing supplement
Valuation date:                                          Friday, 24 November 2028
Finalisation date announced by 11:00:                    Tuesday, 28 November 2028
Last day to trade:                                       Tuesday, 28 November 2028
Ex-date:                                                 Wednesday, 29 November 2028
Record date:                                             Friday, 01 December 2028
Payment/settlement date:                                 Tuesday, 05 December 2028

Last Instalment
Final redemption amount:                                 As determined by the calculation agent in accordance with
                                                         paragraph 9 of the pricing supplement
Valuation date:                                          Tuesday, 26 November 2030
Finalisation date announced by 11:00:                    Thursday, 28 November 2030
Last day to trade:                                       Thursday, 28 November 2030
Suspension date:                                         Friday, 29 November 2030
Record date:                                             Tuesday, 03 December 2030
Maturity/settlement date:                                Thursday, 05 December 2030
Termination date:                                        Friday, 06 December 2030
Contact:                                                 David van Wyk
Telephone number:                                        +27 11 282 8000

The pricing supplements will be available for inspection through a secure electronic manner at the election of the person
requesting inspection, upon request, and has been made available for inspection on the FirstRand Limited website:
https://www.firstrand.co.za/investors/debt-investor-centre/jse-listed-instruments/.


3 December 2025

Debt sponsor
FirstRand Bank Limited

Date: 03-12-2025 11:55:00
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