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: ASC004
ISIN No: ZAG000195041

NEW FINANCIAL INSTRUMENTS LISTING

The JSE Limited has granted a financial instrument listing to the ABSA BANK LIMITED “ASC004” note under its Master
Structured Note Programme Memorandum. The Master Structured Note Programme is available for viewing and
downloading on the issuer’s website at https://www.absa.africa/absaafrica/investor-relations/debt-investors/

Authorised Programme size                            R60,000,000,000.00

Total Notes in issue                                 R 51,631,372,037.54 (Including this tranche)

Full Note details are as follows:

Instrument Type                                      Mixed Rate Note
Bond Code                                            ASC004
Nominal Issued                                       R16,000,000
Issue Price                                          100%
Coupon                                               3 Month JIBAR plus 300 basis points (or 3.00%) from and
                                                     including Interest Commencement Date up to, but excluding, 28
                                                     February 2028, with first interest payment date being 24 March
                                                     2023 and thereafter each of 28 February, 31 May, 31 August and
                                                     30 November in each calendar year,
                                                     and 10.40% per annum payable semi-annually on each 28
                                                     February and 31 August from and including 31 August 2028 to,
                                                     but excluding, the Maturity Date
Indicator                                            Floating
Trade Type                                           Price
Final Maturity Date                                  28 February 2035
Last Day to Register                                 By 17:00 on of 17 February, 20 May, 20 August and 19 November
                                                     of each calendar year until 28 February 2028, thereafter, each of
                                                     17 February and 20 August of each calendar year.
Books Close Date                                     18 February, 21 May, 21 August and 20 November of each
                                                     calendar year until 28 February 2028, thereafter, each of 18
                                                     February and 21 August of each calendar year.

Interest Determination Date(s)                       24 March 2023, thereafter each of 28 February, 31 May, 31
                                                     August and 30 November in each calendar year, commencing on
                                                     the Interest Commencement Date and ending on 30 November
                                                     2027
Issue Date                                           27 March 2023
First Interest Commencement Date                     27 March 2023
First Interest Payment Date                          31 August 2023
Date Convention                                      Following
ISIN No.                                             ZAG000195041
Additional Information                               Unsubordinated Unsecured
27 March 2023

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