Redemption of note due to autocall - ASN329 ABSA BANK LIMITED (Registration number 1986/004794/06) JSE Alpha Code: ASN329 ISIN: ZAE000272662 REDEMPTION OF ASN329 FINANCIAL INSTRUMENT In terms of paragraphs 26(b) of the Applicable Pricing Supplement, the Anniversary Index Level on 12 April 2022 was greater than the Anniversary Autocall Level, triggering an Autocall Event resulting in an automatic Early Redemption and termination. Accordingly the ASN329 note has been suspended from trading tomorrow, Thursday, 21 April 2022. ASN329 will redeem and automatically terminate with effect from Tuesday, 03 May 2022. JSE Short Code ABMBSN329 JSE Alpha Code ASN329 JSE Long Code ABMBSN329-02MAY2025 ISIN ZAE000272662 Issue Size 26,763 Payment (per unit)* R1,145.00 Last Date to Trade Wednesday, 20 April 2022 Suspension Thursday, 21 April 2022 Record Date Monday, 25 April 2022 Payment Date Friday, 29 April 2022 Termination Date Tuesday, 03 May 2022 Settlement will happen outside of Strate. Following the full redemption, there will be RNil ASN329 Notes in issue. * Holders of ASN329 are advised 125 units were unwound in 2021 and the settlement took place outside of Strate. The expiry price is based on the remaining issue size of 26,638 units of ASN329. 20 April 2022 Debt Sponsor Absa Corporate and Investment Bank, a division of Absa Bank Limited Date: 20-04-2022 12:35:00 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.