Investec Limited Investec plc Incorporated in the Republic of South Africa Incorporated in England and Wales Registration number 1925/002833/06 Registration number 3633621 JSE share code: INL LSE share code: INVP JSE Hybrid code: INPR JSE share code: INP JSE debt code: INLV ISIN: GB00B17BBQ50 NSX share code: IVD LEI: 2138007Z3U5GWDN3MY22 BSE share code: INVESTEC ISIN: ZAE000081949 ISIN: ZAE000063814 LEI: 213800CU7SM6O4UWOZ70 23 June 2023 UPDATE REGARDING INVESTEC WEALTH & INVESTMENT UK AND RATHBONES GROUP PLC COMBINATION Further to the announcements dated 4 April 2023 (the “Announcements”) regarding an all-share combination of Investec Wealth & Investment Limited (“Investec W&I UK”) and Rathbones Group Plc (“Rathbones”) (the “Combination”), Investec Group is pleased to note today’s announcement by Rathbones that, at its general meeting held on 23 June 2023, all resolutions in connection with the Combination were duly passed. Following approval by Rathbones’ shareholders, the Combination remains conditional, among other things, on certain regulatory approvals being obtained. Completion is expected to occur either late Q3 or early Q4 2023, (subject to regulatory and other approvals). Sponsor Investec Bank Limited Enquiries: Investec Investor Relations Tel: +27 (0) 11 291 0129 Qaqambile Dwayi Brunswick (South Africa PR advisers to Investec Group) Tel: +27 (0) 63 685 6053 Graeme Coetzee Lansons (UK PR advisers to Investec Group) Tel: +44 (0) 78 6010 1715 Tom Baldock