ABSA BANK LIMITED - Redemption of note due to autocall - AMB253

Redemption of note due to autocall - AMB253

ABSA BANK LIMITED
(Registration number 1986/004794/06)
JSE Alpha Code: AMB253
ISIN: ZAE000267332

REDEMPTION OF AMB253 FINANCIAL INSTRUMENT

In terms of paragraphs 24(b) of the Applicable Pricing Supplement, the Anniversary Index Level on 11 May 2021 was
greater than the Anniversary Autocall Level, triggering an Autocall Event resulting in an automatic Early Redemption and
termination.

Accordingly, the AMB253 note will be suspended from trading effective 19 May 2021 and redeem and automatically
terminate with effect from 26 May 2021.

JSE Short Code                                        ABMBSN253
JSE Alpha Code                                        AMB253
JSE Long Code                                         ABMBSN253-16May2023
ISIN                                                  ZAE000267332
Issue Size                                            80,817
Payment (per unit)                                    R1,160
Last Date to Trade                                    18 May 2021
Suspension Date                                       19 May 2021
Record Date                                           21 May 2021
Payment Date                                          25 May 2021
Termination Date                                      26 May 2021

* Holders of AMB253 are advised 4,183 units were unwind in 2019 and the settlement took place outside of Strate.

The expiry price is based on the remaining issue size of 76,634 units of AMB253. Settlement will happen outside of
Strate.

Following the full redemption, there will be RNil AMB253 Notes in issue.

18 May 2021

Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited

Date: 18-05-2021 01:57:00
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