Commentary & Deal Flow

Absa Group Limited, a leading financial services group in Africa, (ticker: "ABGSJ") rated Ba2/BB- (Moody's/Fitch), has mandated Absa, Barclays, BofA Securities, Citi and Standard Chartered Bank as Joint Bookrunners to arrange a series of fixed income investor calls commencing on 11-May-26. A NetRoadshow presentation with voiceover will be available.

A US$300 million (WNG) PNC7 Additional Tier 1 Notes offering in registered form under Regulation S will follow, subject to market conditions. The Notes are expected to be rated B2 by Moody's and listed on the main market of the London Stock Exchange.