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 – IVC245

Application has been made to the JSE Limited (“JSE”) for the listing of R20,000,000 (twenty million
Rand) senior unsecured floating rate credit linked Notes (stock code IVC245), under Investec Bank
Limited’s Credit Linked Note Programme dated 17 March 2021.

The IVC245 Notes will be issued to Noteholders on the date of listing being with effect from
23 March 2023 commencement of trade.

Salient features of the IVC245 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                                                  23 March 2023

Nominal Amount per Note                                     R1,000,000

Interest Rate                                               JIBAR-SAFEX with a Designated
                                                            Maturity of 3 months plus a margin of:
                                                             2.53% (two point five three percent)
                                                            for the period beginning on and
                                                            including the Issue Date to but
                                                            excluding the Scheduled Maturity Date
                                                            (adjusted in accordance with the
                                                            applicable Business Day Convention)


Scheduled Maturity Date                                     20 July 2028

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
                                                         March to 20 March, 11 June to 20 June,
                                                         11 September to 20 September and 11
                                                         December to 20 December (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 March, 10 June, 10 September
                                                         and10 December 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 March, 20 June, 20
                                                         September and 20 December of each
                                                         calendar year and the Scheduled
                                                         Maturity Date 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                                           IVC245

ISIN                                                     ZAG000194846


Aggregate Nominal Amount of Notes Outstanding            ZAR11,227,104,752 (eleven billion
under the Programme after this issuance                  two hundred and twenty 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: 20 March 2023
Debt Sponsor:
Investec Bank Limited
Bongani.Ntuli@investec.co.za