ABSA GROUP LIMITED - Absa Group Limited U.S.$150,000,000 Fixed Rate Reset Callable Subordinated Tier 2 Notes due 2036

Absa Group Limited U.S.$150,000,000 Fixed Rate Reset Callable Subordinated Tier 2 Notes due 2036

Absa Group Limited
(Incorporated with limited liability in South Africa under registration number 1986/003934/06)
JSE Issuer Code: ABGI
("Absa Group" or the "Issuer")

VOLUNTARY ANNOUNCEMENT: Absa Group Limited U.S.$150,000,000 Fixed Rate Reset Callable
Subordinated Tier 2 Notes due 2036

Absa Group Limited has successfully completed the issuance of a US$150,000,000 Fixed Rate Reset
Callable Subordinated Tier 2 Note. The Notes will mature on 8 June 2036 and may be called on 8 June 2031.
The Notes are rated Ba3 by Moody's Investors Service Ltd and carry a coupon rate of 6.625%. The full
prospectus can be seen at https://www.londonstockexchange.com/news-article/55AM/publication-of-a-
prospectus/17358870

The final order book exceeded USD 400 million, representing an oversubscription level of 2.67 times. UK-
based investors accounted for more than 55% of total demand. Significant interest also came from domestic
South African and Continental European investors, with the remaining allocations to investors from the Middle
East, Asia, and offshore US accounts.

The net proceeds of the issue will be used by Absa Group for its general corporate purposes and for
regulatory capital.


Johannesburg
8 December 2025

Debt sponsor to Absa Bank Limited:
Absa Bank Limited, acting through its Corporate and Investment Banking division
Date: 08-12-2025 05:36:00
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.