FIRSTRAND BANK LIMITED - FRC590 - Listing of New Financial Instrument

FRC590 - Listing of New Financial Instrument

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRC590       ISIN: ZAG000217258
(FRB)

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE has granted FRB the listing of its FRC590 senior unsecured unsubordinated notes, in terms of its note programme (the programme)
dated 29 November 2011, as amended or supplemented from time to time, effective 9 July 2025.

Debt security code:                                FRC590
ISIN:                                              ZAG000217258
Type of debt security:                             Credit linked notes
Nominal issued:                                    R100 000 000.00
Issue date:                                        9 July 2025
Issue price:                                       100% of par
Interest commencement date:                        9 July 2025
Coupon rate:                                       3 month JIBAR plus 250 basis points, subject to a maximum coupon rate of 11.11% until
                                                   31 March 2037 and thereafter no maximum coupon rate applies
First interest payment date:                       30 September 2025
Interest determination date(s):                    The first business day of each interest period, with the first interest determination date
                                                   being the issue date
Interest payment date(s):                          31 March, 30 June, 30 September and 31 December in each year until the maturity date
Last day to register:                              By 17:00 on 26 March, 25 June, 25 September and 26 December in each year until the
                                                   maturity date
Books close:                                       27 March, 26 June, 26 September and 27 December in each year until the maturity date
Business day convention:                           Modified following business day
Maturity date:                                     31 March 2038, subject to paragraph 51 of the pricing supplement
Final redemption amount:                           100% of the aggregate nominal amount
Summary of additional terms:                       In addition to the terms and conditions contained in the programme, please refer to the
                                                   cessation of interest, the early redemption at the option of the issuer, the early
                                                   redemption amount and the credit linked notes provisions as contained in the pricing
                                                   supplement

Programme amount:                                  R60 000 000 000.00
Total notes in issue under programme:              R54 084 700 901.29 as at the signature date of the pricing supplement
Dealer:                                            FirstRand Bank Limited, acting through its Rand Merchant Bank division

7 July 2025

Debt sponsor
FirstRand Bank Limited

Date: 07-07-2025 03:50:00
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