ABSA GROUP LIMITED - CHANGES TO ABSA GROUP BOARD AND COMMITTEES

CHANGES TO ABSA GROUP BOARD AND COMMITTEES

ABSA GROUP LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1986/003934/06)
JSE share code: ABG
ISIN: ZAE000255915
Bond issuer code: ABGI
("Absa Group" or "Group" or "Absa")

CHANGES TO ABSA GROUP BOARD AND COMMITTEES

In accordance with paragraphs 3.59 of the Equity Listings Requirements and 6.42 of the Debt and
Specialist Securities Listings Requirements of the JSE Limited, shareholders are informed that
John Cummins has resigned as an independent non-executive director to the Board of Absa
Group, effective 30 September 2025, due to work and public interest commitments requiring
significant additional time, including an assignment with a new global defence institution and
advising companies specialising in artificial intelligence.

Consequently, he will step down as chairman of the Models Committee (MC) and as a member
of the Group Risk and Capital Management, Group Credit Risk and Information Technology
Committees on 30 September 2025. Alison Beck will take up the chairmanship of the MC effective
1 October 2025.

The Board thanks John for his contribution to the Absa Group Board since joining in November
2021 and wish him well in his future endeavours.

Johannesburg
12 September 2025

Enquiries:
Nadine Drutman
E-mail: Nadine.Drutman@absa.africa

Lead Independent Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited

Absa Group Joint Sponsor and Absa Bank Debt Sponsor:
Absa Bank - Corporate and Investment Bank

Date: 12-09-2025 03:40:00
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