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Potential automatic exercise of SCRIIB autocall notes

Published: 2023-05-12 13:45:21 ET
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INVESTEC BANK LIMITED


 Underlying Asset                   SCOR SE (Paris)

 Strike Price                       2500.57

 Expiry Date                        26 May 2027

 Cover Ratio                        1:1

 Call/Put/Other                     Call

 Style                              Bermudan

 Issue Size                         100 000

 JSE Code                           SCRIIB

 ISIN Code                          ZAE000311254


     POTENTIAL AUTOMATIC EXERCISE OF SCRIIB AUTOCALL NOTES (AUTOCALLS) ON 24 MAY 2023

Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the potential
automatic Exercise on 24 May 2023 (see the related securities above). If the conditions for Exercise are fulfilled the
Autocalls will be automatically Exercised on 24 May 2023.

 Condition for Exercise                   Closing level of the Underlying Asset on 24 May 2023, multiplied by the Share
                                          Adjustment Factor, is greater than the Initial Asset Price

 Date of announcement of whether          Thursday, 25 May 2023, by 11h00
 the Condition for Exercise has
 been met


Salient information should the Condition for Exercise be met:

 Cash Settlement Amount                   R1,330.0000

 Last date to trade                       Thursday, 25 May 2023

 Suspension date                          Friday, 26 May 2023

 Record date                              Tuesday, 30 May 2023

 Payment/Redemption Date                  Wednesday, 31 May 2023

 Termination date                         Thursday, 01 June 2023



Date: 12 May 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