INVESTEC BANK LIMITED Underlying Asset SCOR SE (Paris) Strike Price 2,712.72 Expiry Date 26 April 2027 Cover Ratio 1:1 Call/Put/Other Call Style Bermudan Issue Size 100 000 Listing Code SCRIIA ISIN Code ZAE000310538 UPDATE ANNOUNCEMENT - NO EXERCISE OF SCRIIA AUTOCALL NOTES (AUTOCALLS) ON 26 APRIL 2023 Holders are referred to the SENS announcement dated 12 April 2023, the conditions for Exercise were not met and the Autocalls were not automatically exercised on 26 April 2023. The dates referred to in the SENS announcement dated 12 April 2023 are not applicable. Condition for Exercise Closing level of the Underlying Asset on 26 April 2023, multiplied by the Share Adjustment Factor, is greater than the Strike Price Closing level of the Underlying 2,283.00 Asset on 26 April 2023 Remaining Exercise Dates Monday, 26 April 2024 Tuesday, 28 April 2025 Tuesday, 27 April 2026 Thursday, 26 April 2027 Date: 28 April 2023 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