INVESTEC BANK LIMITED Underlying Indices and Initial S&P 500 Index 4,158.24 Index Levels FTSE 100 Index 7,585.46 Euro Stoxx Select Dividend 30 Index 1,740.38 Expiry Date 30 May 2028 Cover Ratio 1:1 Call/Put/Other Call Style Bermudan Issue Size 100 000 JSE Code USSIIA ISIN Code ZAE000311395 CONDITIONAL COUPON Investec Bank Limited, as Issuer of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the Coupon which is conditional on the levels of all of the Underlying Indices on 30 May 2023 (see the related securities above). If the conditions are fulfilled the Coupon will accrue on 30 May 2023. Conditions for Coupon Payment Closing level of all Underlying Indices on 30 May 2023 are greater than the respective Initial Index Levels multiplied by 85% Date of announcement of whether Wednesday, 31 May 2023, by 11h00 the Condition for the Coupon Payment has been met Salient information should the Conditions for Coupon Payment be met: Cash Settlement Amount R130.0000 Last date to trade Wednesday, 31 May 2023 Suspension date Thursday, 01 June 2023 Record date Monday, 05 June 2023 Payment Date Tuesday, 06 June 2023 Date: 18 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