FIRSTRAND BANK LIMITED - FSR427 - Notification of a Partial Capital Reduction and Interest Payment of Listed Debt Securities

FSR427 - Notification of a Partial Capital Reduction and Interest Payment of Listed Debt Securities

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRS427           ISIN: ZAG000216631
(FRB)

NOTIFICATION OF A PARTIAL CAPITAL REDUCTION AND INTEREST PAYMENT OF LISTED DEBT SECURITIES

In accordance with the terms and conditions of FRB's R90 000 000 000.00 note programme dated 29 November 2011, as amended
or supplemented from time to time, noteholders are herewith advised of the partial capital reduction of the FRS427 notes (the notes)
and the interest payment.

Bond code:                                                        FRS427
ISIN:                                                             ZAG000216631
Nominal amount before reduction:                                  R20 000 000.00
Reduction of nominal amount:                                      R5 000 000.00
Nominal amount after reduction:                                   R15 000 000.00
Reduction settlement amount:                                      R5 000 000.00, calculated in accordance with paragraph 45 of the
                                                                  pricing supplement
Reduction amount formula:                                         IA_1 = 25%*ANA, definitions used in this calculation are as per the
                                                                  pricing supplement
Fixed interest amount:                                            R812 500.00, calculated in accordance with paragraph 21 of the
                                                                  pricing supplement
Fixed interest amount formula:                                    FCA = 25%*ANA*(16.25%), definitions used in this calculation are as
                                                                  per the pricing supplement
Date convention:                                                  Following business day
Reduction record date:                                            23 June 2026
Pay / settlement date:                                            24 June 2026
Effective date of the reduction in nominal amount:                24 June 2026

This partial capital reduction is due to the amortisation of the listed debt securities by FRB, in accordance with the terms and conditions of
the notes.

18 June 2026

Debt sponsor
FirstRand Bank Limited

Date: 18-06-2026 10:05:00
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