ABSA BANK LIMITED - Income attribution and reinvestment for the quarter ended 31 March 2026

Income attribution and reinvestment for the quarter ended 31 March 2026

ABSA BANK LIMITED
Registration number 1986/004794/06
Alpha Code: ABAM2
ISIN No: ZAE000356242
("Absa")


INCOME ATTRIBUTION AND REINVESTMENT FOR THE QUARTER ENDED 31 MARCH 2026

In accordance with the terms and conditions of the Absa Cartesian Absolute Income Actively Managed
Certificate ("ABAM2" or "AMC") , holders are advised that the income attribution for the quarter ended 31
March 2026 the net income will be fully reinvested in the AMC and no cash amount will be paid to holders
of ABAM2.

This announcement is provided to inform investors of the nature and the source of the income earned during
the period for tax reporting purposes.

Income Attribution Summary


  Alpha Code                                                                   ABAM2
  Cash Amount                                                                               No

  Net Amount Reinvested                                                                    Yes

  Source of Funds (Country Code)                                                            ZA

  Subject to Foreign Withholding tax                                                        No

  Income Attribution                                                           Cents per AMC

  Portion attributable to interest producing reference assets                          2,888.1200

  Portion attributable to dividend producing reference assets                                -

  Total income attributed                                                              2,888.1200



The income amounts disclosed above are calculated in accordance with the terms and conditions of ABAM2
and are net of all fees and expenses payable by the AMC.


Considerations for Investors (both South African and non-South African)

The AMC is a structured note that provides exposure to the performance of an actively managed reference
portfolio. Any income earned by the portfolio (in respect of both interest and dividend producing reference
assets) accrues to the issuer and is subsequently reinvested for the benefit of the investor in the AMC and
reflected in its value.

    -   The reinvested income constitutes a return on the investor's investment in the AMC and is expected
        to be included in the investor's gross income and taxed at the applicable marginal rate. In respect
        of a non-resident investor, taxing rights in respect of such amounts is determinable in terms of the
        relevant double tax agreement (if any).

    -   No South African withholding taxes are applicable to such amounts.
    -   Any gain or loss arising on the disposal, redemption, or maturity of the AMC is generally expected
        to be treated as a capital gain or capital loss, unless the AMC is held on revenue account.

Additional Information and Disclaimers

- This AMC does not grant any direct or indirect ownership in the underlying reference portfolio.

- The JSE neither guarantees the AMC nor the tax treatment of any cash amount payable.

- References to "income" are for information purposes only; investors' rights and obligations are governed
solely by the terms and conditions of the AMC.

Investors are advised to consult their professional tax advisers regarding the tax treatment of cash
payments and gains or losses on the AMC.



28 April 2026

JSE Sponsor
Absa Bank Limited

Date: 28-04-2026 10:00:00
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