FIRSTRAND BANK LIMITED - JPETNC JPETNQ - Receipt of Dividend Payment and Update to the Net Asset Value

JPETNC JPETNQ - Receipt of Dividend Payment and Update to the Net Asset Value

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRTN
LEI: ZAYQDKTCATIXF9OQY690
Alpha code: JPETNC ISIN: ZAE000293445
Alpha code: JPETNQ ISIN: ZAE000293593
(FRB)

RECEIPT OF DIVIDEND PAYMENT AND UPDATE TO THE NET ASSET VALUE

Holders of the JPETNC and JPETNQ exchange-traded notes (ETNs) are advised that on Thursday, 31 October 2024, JP
Morgan Chase and Co paid a dividend of $1.25 per share. As per published guidance, this dividend was synthetically
reinvested, net of all taxes, charges and fees, for the ETNs at the US closing price on Thursday, 31 October 2024. The result
of the synthetic dividend reinvestment is to increase the fractional number of shares each ETN references and no distribution
or payment will be made.

Dividend amount $1.25 /share
Effective tax rate 15.00%
Reinvestment amount $1.0625/share
Reinvestment price $221.92/share

The daily published net asset value (NAV) has already been updated to include the effect of the dividend being paid, which
can be viewed at:
https://www.rmb.co.za/page/inward-listed-etns

NAV formulae for the instruments can be found at:
https://www.firstrand.co.za/investors/debt-investor-centre/prospectuses-and-programme-memoranda/
https://www.firstrand.co.za/investors/debt-investor-centre/jse-listed-instruments/

01 November 2024

Debt sponsor
FirstRand Bank Limited

Date: 01-11-2024 03:30:00
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