ABKI - Changes to the composition of the Risk and Capital Management Committee AFRICAN BANK LIMITED (Incorporated in the Republic of South Africa) (Registered Bank) (Registration No. 2014/176899/06) Company code: ABKI (the “Bank”) CHANGES TO THE COMPOSITION OF THE RISK AND CAPITAL MANAGEMENT COMMITTEE This announcement is published in accordance with paragraph 6.39(c) of the JSE Limited Debt Listings Requirements. Noteholders are advised of the following change to the African Bank Holdings Limited (“ABH”) Risk and Capital Management Committee (“RCMC”), which Committee also acts on behalf of the Bank: The appointment of Prof Hemmanth (Herman) Singh (“Prof Singh”) as a member to the RCMC with effect from 13 January 2022 to enhance the skills thereon. Prof Singh is a new independent non-executive director who was appointed to the Board on 21 December 2021.. The RCMC will comprise of the following members: • Mr Peter Temple (Chairperson), • Mr Spyridon (Spiro) Georgopoulos, • Mr Robert Hutchinson-Keip, and • Prof Hemmanth (Herman) Singh. 14 January 2022 Debt Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 14-01-2022 05:40:00 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.