Notice to shareholders of FirstRand in terms of section 45(5) of the Companies Act
Notice to shareholders of FirstRand in terms of section 45(5) of the Companies Act FIRSTRAND LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1966/010753/06) JSE ordinary share code: FSR; ISIN code: ZAE000066304 JSE B preference share code: FSRP; ISIN code: ZAE000060141 NSX ordinary share code: FST LEI: 529900XYOP8CUZU7R671 (FirstRand or the group) NOTICE TO SHAREHOLDERS OF FIRSTRAND IN TERMS OF SECTION 45(5) OF THE COMPANIES ACT Shareholders are referred to the passing of special resolution number 2.2 at the annual general meeting held on 2 December 2020 authorising the board of directors (board) to provide financial assistance to related and interrelated entities. Notice is hereby given, in terms of section 45(5)(a) of the Companies Act 71 of 2008 (the Act) that the board of FirstRand has adopted a resolution to provide financial assistance by issuing a performance guarantee in favour of Aldermore Bank Plc and its subsidiaries. Pursuant to sections 45(2) and 46 of the Act FirstRand has issued a guarantee of £2.5 billion to the Bank of England (BoE) to enable Aldermore Bank plc’s continued access to the BoE’s term funding scheme (part of the sterling monetary framework). This guarantee is routinely required by the BoE. In addition, in accordance with section 45(3)(b) of the Act, the board of FirstRand has satisfied itself that after providing the guarantee, the group will meet the solvency and liquidity test set out in section 4(1) of the Act. Shareholders are hereby notified for purposes of section 45(5)(a) of the Act, that the financial assistance exceeds one-tenth of 1% of the group’s net worth. No further action is required from shareholders. Sandton 17 August 2021 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 17-08-2021 09:30:00 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.