ABJ04 ABJ05 - Listing of New Financial Instruments AFRICAN BANK LIMITED (Incorporated in the Republic of South Africa) (Registered Bank) (Registration No. 2014/176899/06) Company code: ABKI Bond codes: ABJ04 and ABJ05 ISIN: ZAG000184680 And ZAG000184698 LEI: 2549008X8SL1B1J86F98 (“African Bank” or the “Bank”) LISTING OF NEW FINANCIAL INSTRUMENTS The JSE Limited has granted African Bank the listing of its ZAR230,000,000 Senior Unsecured Floating Rate Notes due 30 March 2025 (ABJ04) and ZAR370,000,000 Senior Unsecured Floating Rate Notes due 30 March 2027 (ABJ05) under its ZAR25,000,000,000 Domestic Medium Term Note Programme as documented in the Restated Programme Memorandum dated 13 March 2019 (the “Programme”), effective 30 March 2022. Debt Security Code: ABJ04 ISIN: ZAG000184680 Nominal Issued: ZAR230,000,000 Coupon Rate: 6.948% (3 month JIBAR of 4.358% plus 259 basis points) Maturity Date: 30 March 2025 Debt Security Code: ABJ05 ISIN: ZAG000184698 Nominal Issued: ZAR370,000,000 Coupon Rate: 7.358% (3 month JIBAR of 4.358% plus 300 basis points) Maturity Date: 30 March 2027 Type of Debt Security: Floating Rate Notes Issue Date: 30 March 2022 Issue Price: 100% Interest Commencement Date: 30 March 2022 Interest Determination Date(s): 30 June, 30 September, 30 December and 30 March in each year up to the Maturity Date; with the first Interest Rate Determination Date being 25 March 2022 First Interest Payment Date: 30 June 2022 Interest Payment Date(s): 30 June, 30 September, 30 December and 30 March of each year until the Maturity Date Last Day to Register: By 17h00 on 19 December, 19 March, 19 June and 19 September of each year until the Maturity Date Books Close: 20 December to 29 December, 20 March to 29 March, 20 June to 29 June and 20 September to 29 September (all dates inclusive) of each year until the Maturity Date Business Day Convention: Modified Following Business Day Final Maturity Amount: 100% of the Nominal Amount Other: The pricing supplement does not contain additional terms and conditions or changes to the terms and conditions as contained in the Programme Summary of Additional Terms: Not Applicable Programme Amount: ZAR25,000,000,000 Total Notes in Issue Under Programme: As at the Issue Date (but excluding the issuance of the ABJ04 Notes and the ABJ05 Notes), the Issuer has issued Notes in the aggregate total Nominal Amount of ZAR2 517 000 000.00 under the Programme Memorandum dated 22 March 2016 and under the Programme Memorandum dated 13 March 2019 Dealer: FirstRand Bank Limited, acting through its Rand Merchant Bank division 29 March 2022 Debt Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 29-03-2022 08:00:00 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.