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Correction - automatic exercise of ELVIIA autocall notes

Published: 2023-03-20 17:55:32 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 March 2025
 Cover Ratio                         1:1
 Call/Put/Other                      Call
 Style                               Bermudan
 Issue Size                          500 000
 JSE Code                            ELVIIA
 ISIN Code                           ZAE000285953


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

As announced on 20 March 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). If the conditions
for Exercise are fulfilled the Autocalls will be automatically Exercised on 03 April 2023

 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


Salient information should the Condition for Exercise be 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


A further announcement will be released per the above timetable

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