INVESTEC BANK LIMITED Index Topix ® Banks Index Initial Index Level 154.3350 Expiry Date 25/01/2027 Cover Ratio 1:1 Call/Put/Other Call Style Bermudan Issue Size 100 000 JSE Code TPBIIB ISIN Code ZAE000307542 AUTOMATIC EXERCISE OF TPBIIB AUTOCALL NOTES (AUTOCALLS) ON 24 JANUARY 2023 Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the automatic Exercise on 24 January 2023 (see the related securities above). On 24 January 2023 (the Valuation Date and Exercise Date), the conditions for Exercise were met, therefore the Autocalls were Exercised and expired on 24 January 2023. Condition for Exercise Closing level of the Index on 24 January 2023 is greater than the Initial Index Level Date of announcement of whether Wednesday, 25 January 2023, by 11h00 Condition for Exercise will be met Cash Settlement Amount R1,244.00 Last date to trade Wednesday, 25 January 2023 Suspension date Thursday, 26 January 2023 Record date Monday, 30 January 2023 Payment/Redemption Date Tuesday, 31 January 2023 Termination date Wednesday, 01 February 2023 Date: 25 January 2023 Copies of Warrant issue documentation can be located on: Internet: www.investecwarrants.com Place and Date of Incorporation of the Issuer: Incorporated in the Republic of South Africa Registration Number: 1969/004763/06 Date of Incorporation: 31 March 1969 For further information kindly contact: Investec Financial Products Tel.: +27 11 286 9663 E-mail: FPRetail@investec.co.za Sponsor: Investec Bank Limited Member of the JSE Registration Number: 1969/004763/06