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Automatic exercise of ELVIIA autocall notes

Published: 2023-03-20 12:30:19 ET
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INVESTEC BANK LIMITED


 Index                              Euronext® CDP Environment World EW Decrement 5%
                                    Index (Bloomberg: WLENV Index)

 Initial Index Level                1119.77
 Expiry Date                        24/03/25
 Cover Ratio                        1:1
 Call/Put/Other                     Call
 Style                              Bermudan
 Issue Size                         500 000
 JSE Code                           ELVIIA
 ISIN Code                          ZAE000285953


            AUTOMATIC EXERCISE OF ELVIIA AUTOCALL NOTES (AUTOCALLS) ON 03 APRIL 2023

Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the potential
automatic Exercise on 03 April 2023 (see the related securities above).

On 03 April 2023 (the Valuation Date and Exercise Date), the conditions for Exercise were met, therefore Autocalls were
Exercised and expired on 03 April 2023. The Holders are entitled to a Cash Settlement Amount determined as follows:


 Condition for Exercise                        Closing level of the Index on 03 April 2023 is greater than the Initial
                                               Index Level

 Date of announcement of whether the           Tuesday, 04 April 2023, by 11h00
 Condition for Exercise has been met

 Cash Settlement Amount                        R1,756.0000

 Last date to trade                            Tuesday, 04 April 2023

 Suspension date                               Wednesday, 05 April 2023

 Record date                                   Tuesday, 11 April 2023

 Payment/Redemption Date                       Wednesday, 12 April 2023

 Termination date                              Thursday, 13 April 2023



Date: 20 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