Registration number: 1986/004794/06, Incorporated in the Republic of South Africa JSE share code: ABSH, ISIN: ZAE000079810 (“Absa Bank” or the “Company”) Unaudited summary consolidated results for the reporting period ended 30 June 2022 and preference share dividend declaration countries outlets(2) ATMs employees digitally active point-of-sale customers devices (1) Excludes security entities in the United Kingdom and United States. (2) Includes branches and sales centres. • Launch of the Absa Small Business Friday campaign as a commitment Possibilities come to life when we meet every challenge with tenacity, to supporting Small and Medium Enterprises by building strong ingenuity, positivity and creativity. We coined a new word for our relationships with them and creating innovative solutions that meet purpose, which is the driving force behind everything we do, a way of their unique needs. doing things that is unique to our continent. • Absa Bank Group certified as 2022 Top Employer in Africa by the Top A normalised view of the 2022 interim results is provided which adjusts Employer Institute. for the consequences of the separation from Barclays PLC. This view • Absa aims for R100 billion in sustainable finance by 2025. better reflects the Bank’s underlying performance. International Financial • Absa received the award for Best Digital Bank South Africa at the Reporting Standards (IFRS) compliant financial results will continue to Global Banking and Finance Awards 2022. be presented as required by the Companies Act and the JSE Limited • Top Honours for CIB at the EMEA Finance Achievement Awards 2021 (JSE) Listings Requirements and include a reconciliation between the normalised and IFRS views. Normalised results will be presented for Best Equity House in Africa and Best Syndicated Loan House in future periods to the extent that the financial impact of the Separation is Southern Africa. considered material. • Overall top spot in an inaugural survey on how investment professionals rate local companies in investor relations. Increased 8.7% 2021 Increased 8.7% 2021 R31 300m IFRS R28 797m R31 278m Normalised R28 774m Increased 17.8% 2021 Increased 15% 2021 1 371.4 cents IFRS 1 163.7 cents 1 430.1 cents Normalised 1 243.8 cents Increased 15.5% 2021 Increased 12.7% 2021 1 337.9 cents IFRS 1 158.1 cents 1 396.8 cents Normalised 1 238.9 cents Increased 5.2% 2021 Increased 6.6% 2021 20 100 cents IFRS 19 100 cents 19 336 cents Normalised 18 133 cents Increased 2021 Increased 2021 13.7% IFRS 12.5% 14.9% Normalised 14.2% Decreased 2021 Decreased 2021 55.8% IFRS 58.4% 54.6% Normalised 56.5% Increased 2021 Increased 2021 3.70% IFRS 3.62% 3.70% Normalised 3.62% Increased 16.7% 2021 2 883.42466 cents IFRS 2 470.13699 cents Gross loans and advances Deposits Stage 3 loans ratio to gross Common Equity Tier (Increased ) (Increased ) loans and advances 1 ratio (2021: 131.1%) (2021: R930bn) (2021: 5.45%) (2021: 11.8%) (2021: R939bn) This short-form announcement is the responsibility of the directors of Absa Bank Limited. It is only a summary of the information in the full announcement. 7th Floor, Absa Towers West, 15 Troye Street, Johannesburg, 2001 Any investment decisions by stakeholders should be based on consideration Independent non-executive directors of the full announcement available on the Company’s website at M S Moloko (Independent Chairman), N S Mjoli-Mncube (Lead independent https://www.absa.africa/absaafrica/investor-relations/financial-results/ director), T Abdool-Samad, F Okomo-Okello(2), A B Darko(1) (3), R A Keanly, and on the following JSE link: R van Wyk https://senspdf.jse.co.za/documents/2022/jse/issh/ABSH/Interim22.pdf The full interim report is available on the Company’s website, copies of the full Executive directors announcement may also be requested at the Company’s registered office, at A Rautenbach (Group Chief Executive), J P Quinn (Group Financial Director) no charge, during office hours on normal business days, subject to COVID-19 (1) British (2) Kenyan (3) Ghanaian office protocols. The full interim report is also available at the sponsor’s office. The Absa Bank preference shares have an effective coupon rate of 70% of In compliance with the requirements of Strate, the electronic settlement and Absa Bank’s prevailing prime overdraft lending rate (prime rate). Absa Bank’s custody system used by JSE Limited, the following salient dates for the current prime rate is 9%. payment of the dividend are applicable: Last day to trade cum dividend Tuesday, 13 September 2022 Notice is hereby given of preference dividend number 33, equal to 70% of the average prime rate for 1 March 2022 to 31 August 2022 per Absa Bank Shares commence trading ex-dividend Wednesday, 14 September 2022 preference share has been declared, for the period 1 March 2022 to Record date Friday, 16 September 2022 31 August 2022. Payment date Monday, 19 September 2022 The dividend is payable on Monday, 19 September 2022, to shareholders of Share certificates may not be dematerialised or rematerialised between the Absa Bank preference shares recorded in the Register of Members of the Wednesday, 14 September 2022 and Friday, 16 September 2022, both dates Company at the close of business on Friday, 16 September 2022. inclusive. On Monday, 19 September 2022, the dividend will be electronically transferred to the bank accounts of shareholders. The Board of Absa Bank confirms that the Bank will satisfy the solvency and liquidity test immediately after completion of the dividend distribution. On behalf of the Board Based on the average prime rate, the preference dividend payable for N R Drutman Johannesburg the period 1 March 2022 to 31 August 2022 would indicatively be Company Secretary 15 August 2022 2 883.42466 cents per Absa Bank preference share, on the assumption that there will be no further changes in the prime rate between the declaration Absa Bank Limited is a company domiciled in South Africa. Its registered office date and 31 August 2022. is 7th Floor, Absa Towers West, 15 Troye Street, Johannesburg, 2001. The dividend will be subject to dividends withholding tax at a rate of 20%. In accordance with paragraphs 11.17(a)(i) to (ix) and 11.17(c) of the JSE Limited Lead independent sponsor Listings Requirements, the following additional information is disclosed: J. P. Morgan Equities South Africa Proprietary Limited › The dividend has been declared out of income reserves. › The local dividend tax rate is twenty per cent (20%). › The gross local dividend amount is 2 883.42466 cents per preference Joint sponsor share for shareholders exempt from the dividend tax. Absa Bank Limited (Corporate and Investment Bank) › The net local dividend for shareholders subject to withholding tax at a rate of 20% amounts to 2 306.73973 cents per preference share. › Absa Bank currently has 4 944 839 preference shares in issue. › Absa Bank’s income tax reference number is 9575117719.