Investec Limited (Incorporated in the Republic of South Africa) (Registration number: 1925/002833/06) Issuer code: INLV LEI No: 13800CU7SM6O4UWOZ70 New Financial Instrument Listing Announcement ISSUE OF INLV13 SUBORDINATED UNSECURED CALLABLE FLOATING RATE ADDITIONAL TIER 1 NOTES (“INLV13 NOTES”) Application has been made to the JSE Limited (“JSE”) for the listing of ZAR500,000,000 (five hundred million Rand) subordinated unsecured callable floating rate Additional Tier 1 Notes (stock code INLV13), under Investec Limited’s Domestic Medium Term Note and Preference Share Programme dated 15 November 2017. The INLV13 Notes will be issued to Noteholders on the date of listing being 28 March 2023 with effect from commencement of trade. Salient features of the INLV13 Notes are listed below: Issuer Investec Limited Instrument subordinated unsecured callable Additional Tier 1 Notes, subject to Write Off if a Trigger Event occurs in relation to the Issuer. Issue Date 28 March 2023 Nominal Amount per Note R1,000,000 Aggregate Nominal Amount of Tranche R500,000,000 Interest Rate 3 month JIBAR plus the Margin Margin 3.40% Interest Rate Determination Date means 28 December, 28 March, 28 June and 28 September in each year as determined in accordance with the applicable Business Day Convention (as specified in the Applicable Pricing Supplement), provided that the first Interest Determination Date shall be 28 March 2023 Issue price per Note 100% Maturity Date Subject to the section titled “Provisions regarding Redemption/Maturity” below, this Tranche of Additional Tier 1 Notes shall only be redeemed, at the aggregate outstanding Nominal Amount of this Tranche plus accrued unpaid interest (if any), on a winding-up (other than pursuant to a Solvent Reconstruction) or liquidation of the Issuer, subject to Condition 6.4 (Status of Additional Tier 1 Notes) (and specifically Condition 6.4.3 (Subordination)) Final Redemption Amount per Note the outstanding Nominal Amount of this Tranche plus accrued unpaid interest (if any) Redemption at the option of the Issuer Applicable, subject to the applicable Regulatory Capital Requirements and Condition 10.1.8 (Conditions to redemption, purchase, cancellation, modification, substitution or variation of Subordinated Capital Notes). The Optional Redemption Date is 28 June 2028 or on any Interest Payment Date thereafter. Early Redemption Amount The outstanding Nominal Amount per Note plus accrued unpaid interest (if any) Interest Commencement Date 28 March 2023 Books Close Period The Register will be closed from 19 March to 28 March, 19 June to 28 June, 19 September to 28 September and 19 December to 28 December (all dates inclusive) in each year until the Applicable Redemption Date, or 10 days prior to any Payment Date. The first scheduled Books Close Period will be from 19 June to 28 June 2023. Last Day to Register Close of business on the Business Day immediately preceding the first day of a Books Close Period Interest Payment Dates 28 March, 28 June, 28 September and 28 December in each year, with the first Interest Payment Date being 28 June 2023 Business Day Convention Following Business Day JSE Stock Code INLV13 ISIN ZAG000194960 Aggregate Nominal Amount of Notes Outstanding ZAR12 099 674 116 (twelve billion in the Series including this issuance but ninety nine million six hundred excluding all other issuances on this Issue Date seventy four thousand one hundred and sixteen Rand) excluding this Tranche of Notes but including all other Notes and Programme Preference Shares issued on the Issue Date 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: 27 March 2023 Debt Sponsor: Investec Bank Limited Bongani.ntuli@investec.co.za