Publication of USD500m AT1 Prospectus

Absa Group Limited

ISIN: XS2339102878

25 May 2021

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN.

Publication of Prospectus

The following prospectus (the Prospectus) has been approved by the Financial Conduct Authority and is available for viewing:

Absa Group Limited U.S.$500,000,000 Fixed Rate Reset Write-Off Notes Dated 25 May 2021

To view the full document, please paste the following URL into the address bar of your browser.

http://www.rns-pdf.londonstockexchange.com/rns/7825Z_1-2021-5-25.pdf

A copy of the above Prospectus will also be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

For more information please contact Rolf Van Den Heever, Head of Capital Markets Execution; (Email: [email protected]; Telephone: +27 (0)82 562 5393).

DISCLAIMER - INTENDED ADDRESSEES

Please note that the information contained in the Prospectus may be addressed to and/or targeted at persons who are residents of particular countries (specified in the Prospectus) only and it not intended for use and should not be relied upon by any person outside these countries and/or to whom the offer contained in the Prospectus is not addressed. Prior to relying on the information contained in the Prospectus you must ascertain from the Prospectus whether or not you are part of the intended addressees of the information contained therein.

Your right to access this service is conditional upon complying with the above requirement.