Firstrand Limited · JSE:FSR

Firstrand — Corporate Update (June 2025)

7 slides from Firstrand's corporate update, Jun 25, 2025

  1. Slide 1: Pre-close investor update

    Pre-close investor update 25 June 2025

  2. Slide 2: Financial and operational performance is more positive than guided in March

    2 Financial and operational performance is more positive than guided in March • This market update is based on operational performance i.e. prior to any impacts from the FCA UK motor commission matter and UK Supreme Court outcome • Operational performance is more positive than previously guided • No

  3. Slide 3: Unpack of the performance drivers

    3 Unpack of the performance drivers • Macroeconomic context as anticipated • inflation continues to moderate, with slower and shallower rate-cutting cycle • macro-economic uncertainty weighed on business and household confidence • Net-interest income slightly better than guided at interims • retail

  4. Slide 4: Unpack of the performance drivers

    4 Unpack of the performance drivers • Non-interest revenue in line with guidance • trading income remained weak • offset by healthy private equity realisation income and sustained growth in knowledge-based fees • good operational performance from insurance, y-o-y growth impacted by the impending Mot

  5. Slide 5: Update on the UK motor commissions matter

    5 Update on the UK motor commissions matter • UK Supreme Court of Appeal hearing took place in April 2025, with a ruling expected by end of July 2025 • UK FCA has highlighted a 6-week period thereafter to design and consult on a redress scheme • The group has been cautiously reassured by ongoing reg

  6. Slide 6: Positive updated guidance a pleasing outcome

    6 Positive updated guidance a pleasing outcome • This performance is testament to the quality and resilience of the client-facing franchises which continue to deliver against our strategic objectives • We are confident in our ability to continue to deliver growth and superior returns to our sharehol

  7. Slide 7: www.firstrand.co.za

    FirstRand www.firstrand.co.za

FirstRand — Corporate Update (June 2025) on 6ix