Dealing in securities Absa Group Limited Incorporated in the Republic of South Africa Registration number: 1986/003934/06 Share Code: ABG ISIN: ZAE000255915 (“Absa Group”) DEALINGS IN SECURITIES ON BEHALF OF THE GROUP EMPLOYEE INCENTIVE TRUST In accordance with paragraph 3.92 of the JSE Listings Requirements, shareholders are advised that the following ordinary shares have been bought on the open market to settle obligations of the Absa Group Employee Incentive Trust (“Trust”) under the Share Value Plan (SVP) and the Long Term Incentive Plan (LTIP). Shares are held by Absa Stockbrokers on behalf of the Trust, for delivery to the participants during 2020. Date of transaction: 19 May 2020 Number of shares purchased: 137 055 Absa Group ordinary shares Purchase price: 7 908.7 cents per share Total value: R10 839 268.79 Nature of transaction: On-market purchase of shares for the SVP and LTIP on behalf of the Trust. Date of transaction: 20 May 2020 Number of shares purchased: 762 000 Absa Group ordinary shares Purchase price: 7 580.14 cents per share Total value: R57 760 666.80 Nature of transaction: On-market purchase of shares for the SVP and LTIP on behalf of the Trust. Date of transaction: 21 May 2020 Number of shares purchased: 560 945 Absa Group ordinary shares Purchase price: 7 866.59 cents per share Total value: R44 127 243.28 Nature of transaction: On-market purchase of shares for the SVP and LTIP on behalf of the Trust. Clearance to deal was obtained for the abovementioned transactions. Johannesburg 22 May 2020 Enquiries: Nadine Drutman – Group Company Secretary (+2711) 350-5347 E-mail: Nadine.Drutman@absa.africa Lead Independent Sponsor: J.P. Morgan Equities South Africa Proprietary Limited Joint Sponsor: Absa Bank Limited - Corporate and Investment Bank Date: 22-05-2020 04:36:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.