FIRSTRAND LIMITED - Dealings by directors and executives in terms of the FirstRand 2024 Bonus Share Ownership Scheme (BSOP)

Dealings by directors and executives in terms of the FirstRand 2024 Bonus Share Ownership Scheme (BSOP)

FIRSTRAND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1966/010753/06)
JSE share code: FSR; ISIN: ZAE000066304
NSX share code: FST
LEI: 529900XYOP8CUZU7R671
(FirstRand)

DEALINGS BY DIRECTORS AND EXECUTIVES IN TERMS OF THE FIRSTRAND 2024 BONUS
SHARE OWNERSHIP SCHEME (BSOP)

In accordance with the JSE Limited Listings Requirements, shareholders are advised that FirstRand has
acquired 4 830 338 ordinary shares on the open market in order to satisfy the obligations of the BSOP, in
terms of which share awards were granted to participants in September 2024. The shares have been acquired
into the participants' restricted accounts, pre-tax and less their cost of acquisition. Upon vesting on 23
September 2026, when the restrictions are lifted, the total value of the shares will be subject to income tax
deductions. The ordinary shares were transferred immediately to the participants' restricted trading accounts
and dealt with in terms of the BSOP rules.

The ordinary shares have been acquired at a volume-weighted average price (VWAP) of R73.69 per ordinary
share and have been allocated to, and accepted by, participants. The total transaction value amounted to
R355 947 607.22. The daily VWAP, highest price and lowest price for the various trades by FirstRand is
detailed below. Clearance to trade has been obtained.


Date of trade          Number of ordinary VWAP (cents per Highest price paid Lowest price paid
                       shares acquired           share)           (cents per share)      (cents per share)
13 March 2025          1 813 488                 7268.00          7328.00                7191.00
14 March 2025          1 254 869                 7407.00          7438.00                7323.00
17 March 2025          1 761 981                 7447.00          7498.00                7405.00


Following the acquisition of ordinary shares as disclosed above, the allocation to, and acceptance by,
participants is detailed below:

(1)
Director                                               :   Mary Vilakazi
Company                                                :   FirstRand
Nature of transaction                                  :   On-market acceptance of restricted ordinary shares as
                                                           per BSOP
Class of securities                                    :   Ordinary shares
Total number of restricted ordinary shares             :   84 835
Total value of award                                   :   R6,251,491.15
Nature of interest                                     :   Direct beneficial
Clearance obtained                                     :   Yes

(2)
Director                                               :   Markos George Davias
Company                                                :   FirstRand
Nature of transaction                                  :   On-market acceptance of restricted ordinary shares as
                                                           per BSOP
Class of securities                                    :   Ordinary shares
Total number of restricted ordinary shares             :   65 975
Total value of award                                   :   R4,861,697.75
Nature of interest                                     :   Direct beneficial
Clearance obtained                                     :   Yes

(3)
Prescribed Officer                                     :   Hetash Surendrakumar Kellan
Company                                                :   FirstRand
Nature of transaction                                  :   On-market acceptance of restricted ordinary shares as
                                                           per BSOP
Class of securities                                    :   Ordinary shares
Total number of restricted ordinary share              :   85 646
Total value of award                                   :   R6,311,253.74
Nature of interest                                     :   Direct beneficial
Clearance obtained                                     :   Yes

(4)
Prescribed Officer                                     :   Emmarentia Aletta Brown
Company                                                :   FirstRand
Nature of transaction                                  :   On-market acceptance of restricted ordinary shares as
                                                           per BSOP
Class of securities                                    :   Ordinary shares
Total number of restricted ordinary shares             :   122 286
Total value of award                                   :   R9,011,255.34
Nature of interest                                     :   Direct beneficial
Clearance obtained                                     :   Yes

(5)
Company Secretary                                      :   Carnita Low
Company                                                :   FirstRand
Nature of transaction                                  :   On-market acceptance of restricted ordinary shares as
                                                           per BSOP
Class of securities                                    :   Ordinary shares
Total number of restricted ordinary shares             :   27 039
Total value of award                                   :   R1,992,503.91
Nature of interest                                     :   Direct beneficial
Clearance obtained                                     :   Yes

Sandton
19 March 2025

Sponsor
Rand Merchant Bank (a division of FirstRand Bank Limited)

Date: 19-03-2025 04:50:00
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