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Automatic exercise of SXBIIE autocall notes

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Published: 2023-02-27 11:35:27 ET
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INVESTEC BANK LIMITED


 Index                                EuroStoxx ® Banks Index

 Initial Index Level                  96.27

 Expiry Date                          24 February 2027

 Cover Ratio                          1:1

 Call/Put/Other                       Call

 Style                                Bermudan

 Issue Size                           200 000

 Issue Price                          100 000

 JSE Code                             SXBIIE

 ISIN Code                            ZAE000308490


         AUTOMATIC EXERCISE OF SXBIIE AUTOCALL NOTES (AUTOCALLS) ON 24 FEBRUARY 2023

Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the automatic
Exercise on 24 February 2023 (see the related securities above).

On 24 February 2023 (the Valuation Date and Exercise Date), the conditions for Exercise were met, therefore Autocalls
were Exercised and expired on 24 February 2023. The Holders are entitled to a Cash Settlement Amount determined
as follows:

 Condition for Exercise                     Closing level of the Index on 24 February 2023 is greater than the Initial Index
                                            Level

 Date of announcement of whether            Monday, 27 February 2023, by 11h00
 the Condition for Exercise has
 been met
 Cash Settlement Amount                     R1,249.0000

 Last date to trade                         Monday, 27 February 2023

 Suspension date                            Tuesday, 28 February 2023

 Record date                                Thursday, 02 March 2023

 Payment/Redemption Date                    Friday, 03 March 2023

 Termination date                           Monday, 06 March 2023



Date: 27 February 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