ABSA GROUP — Proxy Solicitation & Information Statement 2026

Apr 1, 2026

Absa Group Limited
Incorporated in the Republic of South Africa
Registration number: 1986/003934/06
JSE share code: ABG
ISIN: ZAE000255915
Bond issuer code: ABGI
("Absa Group" or "the Company")

PUBLICATION OF THE 2025 INTEGRATED REPORT AND DISTRIBUTION OF NOTICE OF ANNUAL GENERAL MEETING AND A CHANGE STATEMENT

2025 Integrated Report and Audited Financial Statements ("AFS")

Shareholders are advised that the Company's 2025 Integrated Report will be published on Absa Group's website (https://www.absa.africa/absaafrica/investor-relations/annual-reports/) on 1 April 2026.

In addition to the Integrated Report for the 2025 financial year, the Company has published its Remuneration Report, Sustainability and Climate Report, Tax Transparency Report, and Broad-Based Black Economic Empowerment Report, together with its B-BBEE certificate, all of which are available on the website.

The Group's audited annual results and full Annual Financial Statements (the "Group's Results"), together with the Pillar 3 Risk Management Report, were published on Tuesday, 10 March 2026. As previously announced, the Group's Results were audited by KPMG Inc. and PricewaterhouseCoopers Inc., and their unmodified audit reports are included in the Annual Financial Statements, which are available for inspection at the Company's registered office and on the Group's website at the address provided above.

The annual financial statements, originally published on 10 March 2026, were subsequently amended and reissued. The amendment relates solely to the inclusion of a table in Note 52.3 – Segment report per market segment, which was inadvertently omitted from the originally issued annual financial statements due to an administrative error. However, the table was included in the booklet published on the website on the same day. As a result, the audit opinion was amended to refer to the revised financial statements. No other amendments were made to the Group's Results or the related auditors' reports.

Notice of the Annual General Meeting

Notice is hereby given that Absa Group's Annual General Meeting (AGM) will be held on Tuesday, 2 June 2026 at 10:00 as a hybrid meeting in Boardroom 3.11, Absa Sandton

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Campus South, 15 Alice Lane, Sandton and via electronic communication, as permitted by the JSE Limited and in terms of the provisions of the Companies Act 71 of 2008, and the Company's Memorandum of Incorporation. The notice of AGM and summarised AFS will be distributed to shareholders today, 1 April 2026.

Shareholders wishing to participate in the AGM are requested to register for participation on https://meetnow.global/za (click on the Absa logo) or contact the Company Secretary, Nadine Drutman, at groupsec@absa.africa or nadine.drutman@absa.africa, as soon as possible, but not later than 10:00 on Friday, 29 May 2026. Proof of identification, as set out on page 15 of the notice of AGM, will be required before such shareholders will be allowed to participate in the AGM.

Shareholders who wish to attend the AGM in person and vote at the meeting, and who have not registered online, may register at the venue. To do so, shareholders will be required to present reasonably satisfactory identification to the Transfer Secretary, Computershare, as further detailed in the notice. Once registered, shareholders will be entitled to participate in and vote at the AGM. Shareholders attending the AGM in person and wishing to vote must ensure that they bring an internet-enabled smartphone, tablet or computer to enable voting at the venue.

Dematerialised shareholders other than 'own name' registration wishing to participate and vote in the annual general meeting should request the necessary letter of representation from their broker/CSDP and submit a copy thereof to Computershare at proxy@computershare.co.za as soon as possible, but not later than Monday, 1 June 2026 at 10:00, for administrative purposes, in order to participate in the meeting.

All shareholders are, however, encouraged to submit their votes by proxy, either to their broker/CSDP (dematerialised shareholders) or to proxy@computershare.co.za (certificated shareholders) before the meeting, if possible by Monday, 1 June 2026 at 10:00.

In accordance with section 59(1)(b) of the Companies Act, 71 of 2008, the record date to be entitled to receive the notice was Friday, 20 March 2026. The record date for determining which shareholders are entitled to participate in and vote at the AGM, being the date on which shareholders must be registered in the Company's securities register, is Friday, 22 May 2026. Therefore, the last day to trade in Absa Group shares to be in the register is Tuesday, 19 May 2026.

Broad-Based Black Economic Empowerment Act: Availability of Annual Compliance Report

In accordance with paragraph 16.21(g) and Appendix 1 to Section 11 of the JSE Listings Requirements, shareholders are advised that the Company's annual compliance report,

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prepared in terms of section 13G(2) of the Broad-Based Black Economic Empowerment Act, has been published today and is available on the Company's website at: https://www.absa.africa/about-us/who-we-are/

Johannesburg
1 April 2026

Enquiries:
Nadine Drutman (Group Company Secretary)
Nadine.Drutman@absa.africa
Tel: 011 350 5347

Independent lead sponsor to Absa Group:
J.P. Morgan Equities South Africa Proprietary Limited

Joint sponsor to Absa Group:
Absa Bank Limited – Corporate and Investment Bank