ABSA BANK LIMITED - ASC403 - NEW FINANCIAL INSTRUMENTS LISTING

ASC403 - NEW FINANCIAL INSTRUMENTS LISTING

ABSA BANK LIMITED
(Incorporated with limited liability on 26 November 1986 under registration number 1986/004794/06 in the Republic of
South Africa)
Bond Code: ASC403
ISIN No: ZAG000227760

NEW FINANCIAL INSTRUMENTS LISTING

The JSE Limited has granted financial instrument listing to the ABSA BANK LIMITED “ASC403” note under its Master
Structured Note Programme Memorandum. The Master Structured Note Programme is available on the issuer’s website
at https://www.absa.africa/absaafrica/investor-relations/debt-investors/

Authorised Programme size                            R100,000,000,000.00
Total Notes in issue                                 R 90,334,528,689.94 (Including this tranche)

Full Note details are as follows:
Instrument Type                                      Credit Linked Note
Nominal Issued                                       ZAR20,000,000.00
Issue Price                                          100%
Coupon                                               Compounded Daily ZARONIA + 200 basis points (or 2.00%) From
                                                     and including the Interest Commencement Date up to, but
                                                     excluding, 31 March 2030. Thereafter 8.05% per annum payable
                                                     semi-annually on the Fixed Interest Payment Dates from and
                                                     including 31 March 2030 up to, but excluding, the Maturity Date.
Coupon Rate Indicator                                Mixed Rate
Trade Type                                           Price
Maturity Date                                        31 March 2038
Last Day to Register                                 17h00 on 30 March, 29 June, 29 September and 30 December of
                                                     each calendar year until 31 March 2030, thereafter, each 30 March
                                                     and 29 September of each calendar year,
Books Closed Period                                  N/A
Interest Commencement Date                           Issue Date
Interest Payment Dates                               Each of 31 March, 30 June, 30 September and 31 December with
                                                     the first Floating Interest Payment Date being 30 September 2026
                                                     and ending on 31 March 2030, thereafter each of 31 March and 30
                                                     September of each calendar year during the term of the Notes, with
                                                     the first Fixed Interest Payment Date being 30 September 2030 and
                                                     the last being on the Maturity Date
Interest Rate Determination Dates                    The 5th (fifth) Johannesburg Business Day (as defined in Schedule
                                                     1 (Screen Rate Determination for Floating Rate Notes Referencing
                                                     ZARONIA)) prior to each Interest Payment Date.
Issue Date                                           24 August 2026
Date Convention                                      Modified Following Business Day Convention
Status of Notes                                      Unsubordinated and Unsecured
Additional Information                               For the purposes of the Tranche of Notes to which this Applicable
                                                     Pricing Supplement applies, the provisions of Condition 6.2.6
                                                     (Benchmark Discontinuation) of the Terms and Conditions are
                                                     deleted and replaced with the provisions as set out in Schedule 2
                                                     (Benchmark Discontinuation) of the Applicable Pricing Supplement
                                                     and shall be deemed to be inserted into the Terms and Conditions.

21 August 2026

Debt Sponsor

Absa Corporate and Investment Bank, a division of Absa Bank Limited

Date: 21/08/2026 12:21:00
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.