ABSA BANK LIMITED (Registration number 1986/004794/06) JSE Alpha Code: ASN417 ISIN: ZAE000284790 REDEMPTION OF ASN417 FINANCIAL INSTRUMENT In terms of paragraphs 27(b) of the Applicable Pricing Supplement, the Anniversary Index Level on 21 February 2023 was greater than the Anniversary Autocall Level, triggering an Autocall Event resulting in an automatic Early Redemption and termination. Accordingly the ASN417 will be will be suspended from trading on Wednesday, 08 March 2023. ASN417 will redeem and automatically terminate with effect from Tuesday, 14 March 2023. JSE Short Code ABMBSN417 JSE Alpha Code ASN417 JSE Long Code ABMBSN417-04MARCH2026 ISIN ZAE000284790 Initial Issue Size 33,010 Payment (per unit)* R1,351.00 Last Date to Trade Tuesday, 7 March 2023 Suspension Date Wednesday, 8 March 2023 Record Date Friday, 10 March 2023 Payment Date Monday, 13 March 2023 Termination Date Tuesday, 14 March 2023 Following the full redemption, there will be RNil ASN417 Notes in issue. 06 March 2023 Debt Sponsor Absa Corporate and Investment Bank, a division of Absa Bank Limited