ABSA GROUP LIMITED - Passing of Deputy Chief Executive Officer

Passing of Deputy Chief Executive Officer

Absa Group Limited
Incorporated in the Republic of South Africa
Registration number: 1986/003934/06
JSE share code: ABG
ISIN: ZAE000255915
(“Absa Group” or “the Group”)


PASSING OF DEPUTY CHIEF EXECUTIVE OFFICER

It is with great sadness that Absa Group Limited’s board of directors (“the Board”) informs
shareholders, in accordance with paragraph 3.59(b) of the JSE Listings Requirements, of the
passing of Mr Peter Matlare, the Group’s Deputy Chief Executive and Chief Executive: Absa
Regional Operations on 7 March 2021 after contracting Covid-19.

On behalf of the Board, we express our heartfelt sympathy and condolences to Peter’s wife
Nomvula and to his daughters.

Peter joined the Board as an independent non-executive director in December 2011, before
becoming executive director and the Group’s Deputy Chief Executive Officer with responsibility
for its rest of Africa banking operations (subsequently Absa Regional Operations) with effect from
1 August 2016.


Johannesburg
8 March 2021

Enquiries:
Nadine Drutman (Group Company Secretary)
Nadine.Drutman@absa.africa
Tel: +27 11 350 5347

Independent lead sponsor to Absa Group:
J.P. Morgan Equities South Africa Proprietary Limited

Joint sponsor to Absa Group and Sponsor to Absa Bank:
Corporate and Investment Bank, a division of Absa Bank Limited

Date: 08-03-2021 08:00:00
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