Finalisation announcement: RMH unbundling of FirstRand Distribution Shares RMB Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1987/005115/06) ISIN: ZAE000024501 Share code: RMH ("RMH" or "the Company") FINALISATION ANNOUNCEMENT: RMH UNBUNDLING OF FIRSTRAND DISTRIBUTION SHARES Terms defined and used in the Circular published on Thursday, 30 April 2020 have been used in this announcement. Shareholders are referred to the terms announcement released on SENS on 14 April 2020 regarding, inter alia, the unbundling by RMH of the FirstRand Distribution Shares to RMH shareholders, in the Distribution Ratio of 1.31189 FirstRand Distribution Shares for every 1 RMH Share held on the RMH Unbundling Record Date. RMH Shareholders are advised that the conditions precedent to the implementation of the RMH Unbundling have been met and that implementation will occur in accordance with the timeline below. Event Date Finalisation announcement published in the South African press on Wednesday, 17 June Last day to trade in shares in order to be eligible to receive the FirstRand Distribution Tuesday, 23 June Shares Shares trade ex the entitlement to receive the FirstRand Distribution Shares Wednesday, 24 June Announcement released on SENS in respect of: Thursday, 25 June - the specified ratio in respect of apportionment of base costs of RMH for taxation purposes; and - the cash payment applicable to fractional entitlements to the FirstRand Distribution Shares RMH Unbundling Record Date Friday, 26 June Dematerialised Shareholders’ accounts with their CSDP or Broker credited with the Monday, 29 June FirstRand Distribution Shares on or about Certificated Shareholders’ FirstRand Distribution Shares posted by registered post at the Monday, 29 June risk of such Certificated Shareholders on or about The board of directors of RMH accepts responsibility for the information contained in this announcement as it relates to the Company and confirms that, to the best of its knowledge and belief, such information relating to RMH is true and that this announcement does not omit anything likely to affect the importance of such information. Sandton 15 June 2020 Financial adviser and sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 15-06-2020 11:25:00 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.