ABSA GROUP LIMITED - DEALINGS BY A DIRECTOR OF ABSA GROUP

DEALINGS BY A DIRECTOR OF ABSA GROUP

ABSA GROUP LIMITED
Incorporated in the Republic of South Africa
Registration number: 1986/003934/06
ISIN: ZAE000255915
JSE share code: ABG
Bond Issuer Code: ABGI
("Absa Group" or the "Group")


DEALINGS BY A DIRECTOR OF ABSA GROUP

In accordance with paragraph 3.63 of the JSE Limited Listings Requirements, shareholders
are advised of the following award to Kenny Fihla, the Absa Group Chief Executive
Officer and executive director:

1.   Absa eKhaya Colleague Share scheme

In terms of the Trust Deed for the Absa Empowerment Trust ("AET" or the "Staff Trust")
as outlined in the circular to Absa shareholders dated 2 May 2023, the Trustees of the
Absa eKhaya Colleague Share scheme are authorised to award unallocated units ("Trust
Units") to eligible employees annually in September ("Awards").

In accordance with the Staff Trust, Trust Units are available for re-allocation to
eligible participants as from 1 September each year. Accordingly, Mr Fihla has been
awarded Trust Units as outlined in the table below.

The Awards will vest on 1 September 2028 and participants in the Absa eKhaya Colleague
Share scheme will receive and own a certain number of Absa Group shares.

The number of Trust Units under the Awards was fixed with reference to the unit value
on the grant date (being 1 September 2025).

                                                           Unit value
                                             Number of                      Value at
 Commencement                                               of Trust
                   Notice of     Award      Trust Units                   commencement
  / effective                                               Units at
                  award date      Type        Awarded                       date ZAR
      Date                                                commencement
                                              (*note)                       (**note)
                                                           date (ZAR)

 1 September     30 September    Trust         1,032         R100.17        R103,375
     2025        2025            Units

 Notes:
* The value and number of shares to vest will be determined on the vesting date, taking
into account the repayment of residual funding in the scheme and applicable taxes.

** The net value of the award on the commencement date, being the value of your Absa
Group shares less the value of the related outstanding funding.

Clearance to deal has been obtained for the above-mentioned transaction, which has been
executed off-market and with direct beneficial ownership.

Johannesburg
1 October 2025
Enquiries:
Nadine Drutman – Group Company Secretary
E-mail: nadine.drutman@absa.africa

Lead Independent Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited

Joint Sponsor:
Absa Bank Limited (Corporate & Investment Bank)

Date: 01-10-2025 12:30:00
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