ABSA GROUP LIMITED - Financial Instrument Early Redemption AGT03

Financial Instrument Early Redemption – AGT03

Absa Group Limited
(Incorporated with limited liability in South Africa under registration number 1986/003934/06)
Bond Code: AGT03
ISIN Code: ZAG000164906
("Absa Group" or the "Issuer")

FINANCIAL INSTRUMENT EARLY REDEMPTION – AGT03

Absa Group – Additional Tier 1 Notes, with stock code AGT03 (the "Notes") were issued with a perpetual
maturity date and are redeemable at the Issuer's option on 5 June 2025 (the "First Optional Redemption Date")
in accordance with Condition 11.4 (Redemption at the option of the Issuer (Issuer Call)) of the Terms and
Conditions of the Additional Tier 1 Notes (as read with the Applicable Pricing Supplement of the AGT03 Notes
dated 2 December 2019 (the "AGT03APS")).

In accordance with Condition 18 (Notices) of the Terms and Conditions of the Notes, notice is hereby given to
Noteholders of the Notes that the Issuer has exercised its option to early redeem the Notes on 5 June 2025 .
Payment of the redemption amount, together with applicable interest, will be effected on the First Optional
Redemption Date.

The redemption amount of the Notes is ZAR 1,376,000,000nominal, and the nominal amount outstanding of the
Notes after the redemption will be ZAR0.00. Absa Group will remain compliant in terms of its capital adequacy
requirements subsequent to the early redemption of the Notes. Details of the redemption amount of the Notes
are detailed below:


                  Capital Redemption Amount           Amount Outstanding of the Notes After
                                                      Capital Redemption

 AGT03            ZAR 1,376,000,000                   ZAR0.00



05 May 2025

Debt sponsor
Absa Bank Limited (acting through its Corporate and Investment Banking division)
Date: 05-05-2025 02:40:00
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