PitchSend

Investor Presentaiton

11.5 11.0 10.5 10.0 9.5 9.0 8.5 8.0 7.5 7.0 1Q22 2Q22 3Q22 4Q22 1Q23 Source: Absa Research 25 | February view 2Q23 Rates rising faster with increased inflationary pressure South Africa prime rate forecast (%) South Africa inflation forecast (%) 3Q23 4Q23 1Q24 2Q24 Current 3Q24 4Q24 8.5 8.0 7.5 7.0 6.5 6.0 5.5 5.0 4.5 4.0 3.5 February view 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 ⚫Current

View entire presentation