Notice of Redemption and Cancellation of Listing

6 May 2026

ABSA GROUP LIMITED

NOTICE OF REDEMPTION AND CANCELLATION OF LISTING

Absa Group Limited (the "Issuer") Redemption of the U.S.$ 500,000,000 Fixed Rate Reset Write-Off Notes (ISIN: XS2339102878) (Common Code: 233910287) (the "Notes")

The Issuer announces that, on the 28 May 2026 (the "Redemption Date"), in accordance with Condition 6(d) (Redemption at the option of the Issuer) of the terms and conditions of the Notes (the "Conditions"), the Issuer will redeem all of the outstanding Notes at their Current Principal Amount, together with any unpaid interest accrued thereon up to (but excluding) the Redemption Date (and excluding any interest amounts which the Issuer has elected not to pay or is not obliged to pay, in accordance with Condition 5(a) (Interest Cancellation) of the Conditions). The Record Date of the Notes will be 26 May 2026.

The consent of the Prudential Authority (as defined in the Conditions) to the redemption of the Notes has been obtained.

The Notes are currently admitted to listing on the Official List of the Financial Conduct Authority and to trading on the Main Market of the London Stock Exchange plc. As soon as practicable after the Redemption Date, the Issuer will request that the listing of the Notes on the Official List of the Financial Conduct Authority and the admission of the Notes to trading on the Main Market of the London Stock Exchange plc will each be cancelled.

Capitalised terms used but not otherwise defined herein shall have the meaning given to them in the Conditions.

For Further Information, please Contact:

Absa Group Limited Investor Relations

7th Floor Absa Towers West

15 Troye Street,

Johannesburg, 2001

South Africa

Email: [email protected]