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 – IVC272

Application has been made to the JSE Limited (“JSE”) for the listing of R30,000,000 (thirty million
Rand) senior unsecured floating rate credit linked Notes (stock code IVC272), under Investec Bank
Limited’s Credit Linked Note Programme dated 17 March 2021.

The IVC272 Notes will be issued to Noteholders on the date of listing being with effect from
11 September 2023 commencement of trade.

Salient features of the IVC272 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                                                  11 September 2023

Nominal Amount per Note                                     R1,000,000

Interest Rate                                               JIBAR-SAFEX with a Designated
                                                            Maturity of 3 months plus a margin of:
                                                            2.22% (two point two two percent) for
                                                            the period beginning on and including
                                                            the Issue Date to but excluding the
                                                            Scheduled Maturity Date (adjusted in
                                                            accordance with the applicable
                                                            Business Day Convention)


Scheduled Maturity Date                                     20 July 2028

Optional Redemption Date (Call)                             N/A


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                                       The Register will be closed from
                                                         (i)    11 October to 20 October, 11
                                                                January to 20 January,
                                                                11 April to 20 April and
                                                                11 July to 20 July, in each year
                                                                (all dates inclusive) until the
                                                                Applicable Redemption Date;
                                                                or
                                                         (ii)   10 (ten) days prior and
                                                                including any Payment Day


Last Day to Register                                     10 October, 10 January, 10 April and
                                                         10 July in each year, or if such day is
                                                         not a Business Day, the Business Day
                                                         before each Books Closed Period, or, if
                                                         item 40(ii) above is applicable, the
                                                         Business Day immediately preceding
                                                         the commencement of the Books
                                                         Closed Period

Interest Payment Dates                                   Means 20 October, 20 January, 20
                                                         April and 20 July in each year and the
                                                         Scheduled Maturity Date or, if any
                                                         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                                           IVC272

ISIN                                                     ZAG000199274


Aggregate Nominal Amount of Notes Outstanding            ZAR11,492,052,406 (Eleven Billion
under the Programme after this issuance                  Four Hundred Ninety 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: 8 September 2023
Debt Sponsor:
Investec Bank Limited
Bongani.Ntuli@investec.co.za