Market Notice Reference: 002DER/NSE/2021 Market: Derivatives Date: 9Th June 2021 SUBJECT: INITIAL MARGIN REQUIREMENTS for EQUITY FUTURES

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Market Notice Reference: 002DER/NSE/2021 Market: Derivatives Date: 9Th June 2021 SUBJECT: INITIAL MARGIN REQUIREMENTS for EQUITY FUTURES Market Notice Reference: 002DER/NSE/2021 Market: Derivatives Date: 9th June 2021 SUBJECT: INITIAL MARGIN REQUIREMENTS FOR EQUITY FUTURES Dear NSE Stakeholder, Please note the below Initial Margin requirements which will take effect on Friday, 18th June 2021: Initial Margin Requirements – KES Contract Expiry Date Company 16-Sep-21 16-Dec-21 17-Mar-22 16-Jun-22 Safaricom Plc (SCOM) 4,200 4,600 5,000 5,400 KCB Group Plc (KCBG) 5,300 5,600 5,900 6,300 Equity Group Holdings Plc (EQTY) 5,200 5,500 5,900 6,300 ABSA Bank Kenya Plc (ABSA) 1,400 1,500 1,600 1,600 East African Breweries Ltd (EABL) 2,400 2,600 2,700 2,900 British American Tobacco Kenya Plc (BATK) 6,700 6,800 6,900 7,100 NSE 25 Share Index (N25I) 45,200 47,500 49,700 51,900 Changes in Initial Margin Requirements Since Last Review Contract Expiry Date Company 16-Sep-21 16-Dec-21 17-Mar-22 Safaricom Plc (SCOM) - - - KCB Group Plc (KCBG) 200 200 200 Equity Group Holdings Plc (EQTY) 100 100 200 ABSA Bank Kenya Plc (ABSA) (200) (200) (100) East African Breweries Ltd (EABL) - 100 100 British American Tobacco Kenya Plc (BATK) 800 800 800 NSE 25 Share Index (N25I) 200 400 500 *Note: Increase/(Decrease) Clients with existing September 2021, December 2021 and March 2022 positions will receive initial margin refunds or will be required to top up their accounts to reflect the new rates above. A guide to the calculation of the initial margin is available at: https://www.nse.co.ke/next-document-library/operational-procedures.html Should you have any queries regarding this notice, please contact: [email protected] This market notice will be available at: https://www.nse.co.ke/next-document-library/next-notices.html DERIVATIVES MARKET DISCLAIMER: This announcement has been issued with the approval of the Capital Markets Authority pursuant to regulation 63(7) of the Capital Markets (Licensing Requirements) (General) Regulations, 2002. As a matter of policy, the Capital Markets Authority assumes no responsibility for the correctness of the information appearing in this announcement. .
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