FIRSTRAND BANK LIMITED - FRE022 - Listing of Structured Product Notes

FRE022 - 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: FRE022                     ISIN:   ZAE000355871
(FRB)

LISTING OF STRUCTURED PRODUCT NOTES

The JSE Limited (JSE) has granted FRB approval for the listing of the FRE022 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
Wednesday, 17 December 2025 and traded through any authorised user of the JSE.

 Long name:                                              FRB SPCP17Dec3018
 Short name:                                             FRBSP3018
 Stock code:                                             FRE022
 ISIN code:                                              ZAE000355871
 Instrument number:                                      124855
 Underlying asset:                                       Societe Generale SGI Dynamic US Equity & Gold Vol. Controlled
                                                         5.5% Index
 Issue date:                                             Wednesday, 17 December 2025
 Issue size (units):                                     100 000 structured notes of R1 000 each
 Denomination:                                           ZAR
 Issue price (Rands):                                    R1 000
 Valuation date:                                         Thursday, 5 December 2030
 Finalisation date announced by 11:00:                   Monday, 9 December 2030
 Last day to trade:                                      Monday, 9 December 2030
 Suspension date:                                        Tuesday, 10 December 2030
 Record date:                                            Thursday, 12 December 2030
 Maturity/settlement date:                               Tuesday, 17 December 2030
 Termination date:                                       Wednesday, 18 December 2030
 Final redemption amount:                                An amount in ZAR determined and calculated by the calculation
                                                         agent equal to the index linked redemption amount:
                                                         ILRA = ANA * (100% + PPN * MAX((FIL / IIL) – CS; 0)
                                                         * (FXFVD/FXFSD)), all definitions used in this calculation are as per
                                                         the pricing supplement
 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/.

11 December 2025

Debt sponsor
FirstRand Bank Limited

Date: 11-12-2025 11:30:00
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