Investec Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1969/004763/06)
Issuer code: BIINLP
LEI No: 549300RH5FFHO48FXT69

New Financial Instrument Listing Announcement – IVC270

Application has been made to the JSE Limited (“JSE”) for the listing of R100,000,000 (one hundred
million Rand) senior unsecured floating rate credit linked Notes (stock code IVC270), under Investec
Bank Limited’s Credit Linked Note Programme dated 17 March 2021.

The IVC270 Notes will be issued to Noteholders on the date of listing being with effect from
21 August 2023 commencement of trade.

Salient features of the IVC270 Notes are listed below:

Issuer                                                       Investec Bank Limited

Principal Amount                                             R1,000,000 per Note on the Issue
                                                             Date

Instrument                                                   Senior unsecured credit linked Notes

Issue Date                                                   21 August 2023

Nominal Amount per Note                                      R1,000,000

Interest Rate                                                ZAR-JIBAR-SAFEX with a Designated
                                                             Maturity of 3 months plus a margin of
                                                             250bps from the date beginning on and
                                                             including the Issue Date to but
                                                             excluding the Scheduled Maturity Date
Scheduled Maturity Date                                      20 July 2028

Issue price per Note                                         100%

Final Redemption Amount per Note                             The outstanding Principal Amount per
                                                             Note (plus accrued unpaid interest, if
                                                             any, to the Scheduled Maturity Date)

Interest Commencement Date                                   Issue Date

Books Close Period                                           11 October to 20 October, 11 January
                                                             to 20 January, 11 April to 20 April and
                                                             11 July to 20 July (all dates inclusive) in
                                                             each year until the Applicable
                                                             Redemption Date; or 10 (ten) days prior
                                                             and including any Payment Day
Last Day to Register                                         The last Business Day immediately
                                                             preceding the commencement of the
                                                             Books Closed Period

Interest Payment Dates                                       20 October, 20 January, 20 April and
                                                             20 July until the Applicable Redemption
                                                              Date or, if such day is not a Business
                                                              Day, the Business Day on which
                                                              interest will be paid, as determined in
                                                              accordance      with    the   applicable
                                                              Business Day Convention (as specified
                                                              in the Applicable Pricing Supplement),
                                                              with the first Interest Payment Date
                                                              being 20 October 2023


Business Day Convention                                       Following Business Day

JSE Stock Code                                                IVC270

ISIN                                                          ZAG000198409

Aggregate Nominal Amount of Notes Outstanding                 ZAR11,462,052,406 (eleven billion four
under the Programme after this issuance                       hundred and sixty two million fifty two
                                                              thousand four hundred and six Rand).


The Pricing Supplement does not contain any additional terms and conditions or changes to the terms
and conditions as contained in the Programme Memorandum.

Investors should study the Applicable Pricing Supplement for full details of the terms and conditions
applicable to these Notes.

Date: 18 August 2023

Debt Sponsor:
Investec Bank Limited
Bongani.Ntuli@investec.co.za