Investec Bank Limited
 (Incorporated in the Republic of South Africa)
 (Registration number: 1969/004763/06)
 Issuer code: BIINLP
 LEI No: 549300RH5FFHO48FXT69

New Financial Instrument Listing Announcement – IVC244

Application has been made to the JSE Limited (“JSE”) for the listing of R500,000,000 (five hundred
million Rand) senior unsecured floating rate credit linked Notes (stock code IVC244), under Investec
Bank Limited’s Credit Linked Note Programme dated 17 March 2021.

The IVC244 Notes will be issued to Noteholders on the date of listing being with effect from
13 March 2023 commencement of trade.

Salient features of the IVC244 Notes are listed below:

Issuer                                                       Investec Bank Limited

Principal Amount                                             R1,000,000 per Note on the Issue Date

Instrument                                                   Senior unsecured credit linked Notes

Issue Date                                                   13 March 2023

Nominal Amount per Note                                      R1,000,000

Interest Rate                                                2.47% (two point four seven percent)
                                                             for the period beginning on and
                                                             including the Issue Date to but
                                                             excluding the Scheduled Maturity Date
Scheduled Maturity Date                                      20 December 2027

Optional Redemption Date (Call)                              N/A


Issue price per Note                                         100%

Final Redemption Amount per Note                             The outstanding Principal Amount per
                                                             Note (plus accrued unpaid interest, if
                                                             any, to the Scheduled Maturity Date)

Interest Commencement Date                                   Issue Date

Books Close Period                                          The Register will be closed from 11
                                                            June to 20 June, 11 September to 20
                                                            September, 11 December to 20
                                                            December and 11 March to 20 March
                                                            (all dates inclusive) in each year until
                                                            the Applicable Redemption Date, or 10
                                                          (ten) days prior and including any
                                                          Payment Day


Last Day to Register                                      10 June, 10 September, 10 December
                                                          and 10 March in each year, or if such
                                                          day is not a Business Day, the Business
                                                          Day before each Books Closed Period,
                                                          or the last Business Day immediately
                                                          preceding the commencement of the
                                                          Books Closed Period

Interest Payment Dates                                    means 20 June, 20 September, 20
                                                          December and 20 March of each
                                                          calendar year or, if such day is not a
                                                          Business Day, the Business Day on
                                                          which interest will be paid, as
                                                          determined in accordance with the
                                                          applicable Business Day Convention
                                                          (as specified in the Applicable Pricing
                                                          Supplement), with the first Interest
                                                          Payment             Date         being
                                                          20 June 2023


Business Day Convention                                   Following Business Day

JSE Stock Code                                            IVC244

ISIN                                                      ZAG000194606


Aggregate Nominal Amount of Notes Outstanding             ZAR11,207,104,752 (eleven billion
under the Programme after this issuance                   two hundred and seven million one
                                                          hundred and four thousand seven
                                                          hundred and fifty two Rand).


The Pricing Supplement does not contain any additional
terms and conditions or changes to the terms and
conditions as contained in the Programme
Memorandum.

Investors should study the Applicable Pricing
Supplement for full details of the terms and conditions
applicable to these Notes.

Date: 10 March 2023
Debt Sponsor:
Investec Bank Limited
Bongani.Ntuli@investec.co.za