INVESTEC BANK LIMITED Underlying Asset Impala Platinum Holdings Ltd (Johannesburg) Strike Price 18665.00 Expiry Date 10 May 2027 Cover Ratio 1:1 Call/Put/Other Call Style Bermudan Issue Size 100 000 Listing Code IMPIIB ISIN Code ZAE000310637 UPDATE ANNOUNCEMENT - NO EXERCISE OF IMPIIB AUTOCALL NOTES (AUTOCALLS) ON 9 May 2023 Holders are referred to the SENS announcement dated 21 April 2023, the conditions for Exercise were not met and the Autocalls were not automatically exercised on 9 May 2023. The dates referred to in the SENS announcement dated 21 April 2023 are not applicable. Condition for Exercise Closing level of the Underlying Asset on 09 May 2023, multiplied by the Share Adjustment Factor, is greater than the Strike Price Closing level of the Underlying 17,724.00 Asset on 09 May 2023 Remaining Exercise Dates Thursday, May 9, 2024 Friday, May 9, 2025 Monday, May 11, 2026 Monday, May 10, 2027 Date: 10 May 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