NOTICE - Extension of closing of the rights subscription

AfrAsia Bank Limited advises its shareholders that it will be extending the closing of the rights subscription of up to 6,944,444 new ordinary shares.

Eligible shareholders who have not opted for electronic correspondence, should expect to receive the
Information Memorandum and Application form around 30 April 2018.

The closing date for the Rights Subscription is now 12.00 hours, 15 May 2018.

Business Registration Number: C07067923

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AfrAsia Bank Limited is licensed and regulated by the Bank of Mauritius and the Financial Services Commission.

AfrAsia Bank Limited is regulated by the South African Reserve Bank and the Financial Sector Conduct Authority (FSP 52012)

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Communiqué

2018

NOTICE - Extension of closing of the rights subscription

AfrAsia Bank Limited advises its shareholders that it will be extending the closing of the rights subscription of up to 6,944,444 new ordinary shares.

Eligible shareholders who have not opted for electronic correspondence, should expect to receive theInformation Memorandum and Application form around 30 April 2018. The closing date for the Rights Subscription is now 12.00 hours, 15 May 2018. Business Registration Number: C07067923

Eligible shareholders who have not opted for electronic correspondence, should expect to receive the
Information Memorandum and Application form around 30 April 2018.

The closing date for the Rights Subscription is now 12.00 hours, 15 May 2018.

Business Registration Number: C07067923