Investec Bank Limited (Incorporated in the Republic of South Africa) (Registration number: 1969/004763/06) Issuer code: BIINLP LEI No: 549300RH5FFHO48FXT69 NOTIFICATION OF UPDATE OF APPLICABLE PRICING SUPPLEMENT FOR IVC243 In terms of condition 33.1 of the terms and conditions of the ZAR 15,000,000,000 credit linked note programme (the Programme) and paragraphs 6.56(a) of the Debt Listings Requirements, the Issuer wishes to advise that the Applicable Pricing Supplement relating to IVC243 (the APS) incorrectly reflects FirstRand Bank Limited as the Settlement Agent. The APS has been amended to reflect as follows: Settlement Agent: Standard Bank of South Africa Limited Adding the words “amended and restated” prior to the words applicable pricing supplement throughout the APS. The amended APS has been provided to the JSE and is available for inspection on the website of the Issuer at https://www.investec.com/en_za/corporate-investment/institutional- sales-and-structuring/pricing-supplements.html and on the website of the JSE at www.jse.co.za Date 8 March 2023 Debt Sponsor: Investec Bank Limited Bongani.Ntuli@investec.co.za