CANCELLATION OF S454913 Redemption of note due to autocall - ASN396 ABSA BANK LIMITED (Registration number 1986/004794/06) JSE Alpha Code: ASN396 ISIN: ZAE000282018 REDEMPTION OF ASN396 FINANCIAL INSTRUMENT In terms of paragraphs 27(b) of the Applicable Pricing Supplement, the Anniversary Index Level on 22 November 2021 was greater than the Anniversary Autocall Level, triggering an Autocall Event resulting in an automatic Early Redemption and termination. Accordingly the ASN396 note has been suspended from trading tomorrow, Tuesday, 07 December 2021. ASN396 will redeem and automatically terminate with effect from 14 December 2021. JSE Short Code ABMBSN396 JSE Alpha Code ASN396 JSE Long Code ABMBSN396-04DECEMBER2025 ISIN ZAE000282018 Issue Size 55,100 Payment (per unit)* R1,140.00 Last Date to Trade Tuesday, 07 December 2021 Suspension Wednesday, 08 December 2021 Record Date Friday, 10 December 2021 Payment Date Monday, 13 December 2021 Termination Date Tuesday, 14 December 2021 Settlement will happen outside of Strate. Following the full redemption, there will be RNil ASN396 Notes in issue. * Holders of ASN396 are advised 66 units were unwind in 2020 and the settlement took place outside of Strate. The expiry price is based on the remaining issue size of 55,034 units of ASN396. 07 December 2021 Debt Sponsor Absa Corporate and Investment Bank, a division of Absa Bank Limited Date: 07-12-2021 11:54:59 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.