INVESTEC BANK LIMITED Underlying Asset Imperial Brands PLC (London) Initial Asset Price 1554.75 Expiry Date 11 March 2027 Cover Ratio 1:1 Call/Put/Other Call Style Bermudan Issue Size 100 000 JSE Code IMBIIE ISIN Code ZAE000309142 AUTOMATIC EXERCISE OF IMBIIE AUTOCALL NOTES (AUTOCALLS) ON 13 MARCH 2023 Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the potential automatic Exercise on 13 March 2023 (see the related securities above). On 13 March 2023 (the Valuation Date and Exercise Date), the conditions for Exercise were met, therefore Autocalls were Exercised and expired on 13 March 2023. The Holders are entitled to a Cash Settlement Amount determined as follows: Condition for Exercise Closing level of the Underlying Asset on 13 March 2023, multiplied by the Share Adjustment Factor, is greater than the Initial Asset Price Date of announcement of whether the Tuesday, 14 March 2023, by 11h00 Condition for Exercise has been met Cash Settlement Amount R1,495.0000 Last date to trade Tuesday, 14 March 2023 Suspension date Wednesday, 15 March 2023 Record date Friday, 17 March 2023 Payment/Redemption Date Monday, 20 March 2023 Termination date Wednesday, 22 March 2023 Date: 14 March 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