Investors

Trustees

Sizwe Nxasana

Chairman BCom, BCompt (Hons, CA(SA))

HOWARD ARRAND

FNB fund chairman BA (Psychology), CAIB, AEP

PETER COOPER

BCcom (Hons), HDip Tax, CA(SA)

JANET DU PREEZ

Diploma Social Work, MA (Public Policy and Development)

ELIZABETH MAEPA

BCOM, CAIB

SEBENZILE MATSEBULA

BSc (Biostatistics), MSc (Biometrics)

KELEBOGILE MAZWAI

WesBank fund chairman

CHRIS MKHIZE

BA (Hons), Advanced Diploma in Public Administration

MAMOKGETHI SETATI

PhD (Mathematics Education)

CAROLYNNE WATERHOUSE2

RMB fund chairman BSoc Sc, Marketing Management Diploma

Trustees

Nolulamo Nobambiswano
Gwagwa

Chairman BCom, BCompt (Hons, CA(SA))

Zwoitwaho Calvin Nevhutalu

M. Phil (Environmental law and management, environmental law and management)

Oren Fuchs

BA, Economics / Political Science, MSc(DP), Planning, Certificate (Finance), Finance / nvestments / Accounting, Distinction with Honours, Impact Investing, Executive Education, mpact Investing

Sizwe Errol Nxasana

BCom, BCompt (Hons), CA(SA

Elizabeth Maepa

BCom, Business/Commerce, General, Managing Marketing & Related Support Services

Amanda Tandi Nzimande

(APPOINTED NOT ON LOA) BCom, CTA, CA(SA), HDip Co Law

Mary Vilakazi

(APPOINTED NOT ON LOA) BCom (Hons), CA(SA)

Bongiwe Njobe

(APPOINTED NOT ON LOA) MSc and GCE O Level

Trustees

Nolulamo Nobambiswano Gwagwa

BA, MTRP, MSc, PhD

Zwoitwaho Calvin Nevhutalu

M. Phil (Environmental law and management, environmental law and management)

Oren Fuchs

BA, Economics / Political Science, MSc(DP), Planning, Certificate (Finance), Finance / nvestments / Accounting, Distinction with Honours, Impact Investing, Executive Education, mpact Investing

Sizwe Errol Nxasana

BCom, BCompt (Hons), CA(SA

Elizabeth Maepa

BCom, Business/Commerce, General, Managing Marketing & Related Support Services

Amanda Tandi Nzimande

(APPOINTED NOT ON LOA) BCom, CTA, CA(SA), HDip Co Law

Mary Vilakazi

(APPOINTED NOT ON LOA) BCom (Hons), CA(SA)

Bongiwe Njobe

(APPOINTED NOT ON LOA) MSc and GCE O Level

firstsolar programme

Since the majority of FirstRand’s revenues are generated in countries that are highly vulnerable to the effects of climate change, the group is committed to facilitating the roll out of reliable and cleaner energy resources for individuals and businesses.

FirstRand has therefore created the FirstSolar Programme, which aims to help the customers of FNB and RMB reduce their use of traditional electricity by supporting the installation of small to medium scale, embedded solar power systems (less than 15MW) across South Africa. Replacing high-emission grid electricity usage through the installation of these power systems, will result in reduced greenhouse gas emissions and generate carbon credits which can then be used to lower the cost of installation for participants.

The programme will make it easier for individuals and businesses to participate in the carbon market, which is expensive and has complicated requirements. FirstRand will use its resources and networks to combine and certify carbon credits from multiple solar installations – a first-of-its-kind effort for a South African bank.

FirstRand is currently seeking to register this programme with the Verified Carbon Standard (VCS), a leading carbon programme managed by Verra.

Carbon credits related to this programme will be issued through VCS project 5621 for the associated greenhouse gas emission reductions for PV installations under FirstRand’s FirstSolar Programme.

For any queries and comments related to the programme, please email firstsolarcarbon@firstrand.co.za