Dealing in securities on behalf of the group employee incentive trust 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 Long Term Incentive Plan (LTIP), the Share Value Plan (SVP) and the Share Incentive Plan (SIP) rules. Shares are held by Absa Stockbrokers on behalf of the Trust, for delivery to the participants during the remainder of 2020 and first half of 2021. Date of transaction: 21 September 2020 Number of shares purchased: 12 000 Absa Group ordinary shares Purchase price: 8 302.57 cents per share Total value: R996 308.40 Nature of transaction: On-market purchase of shares for the LTIP, SVP and SIP on behalf of the Trust. Date of transaction: 22 September 2020 Number of shares purchased: 764 000 Absa Group ordinary shares Purchase price: 8 316.64 cents per share Total value: R63 539 129.60 Nature of transaction: On-market purchase of shares for the LTIP, SVP and SIP on behalf of the Trust. Date of transaction: 23 September 2020 Number of shares purchased: 764 000 Absa Group ordinary shares Purchase price: 8 386.52 cents per share Total value: R64 073 012.80 Nature of transaction: On-market purchase of shares for the LTIP, SVP and SIP on behalf of the Trust. Clearance to deal was obtained for the abovementioned transaction. Johannesburg 25 September 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: 25-09-2020 03:05:00 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.