INVESTEC BANK LIMITED Reference Index Standard and Poor’s 500 Index Strike Price 2868.44 Listing Date: 19 May 2020 Expiry Date 06 November 2023 Cover Ratio 1:01 Call/Put Put Style European Issue Size 3505 ISIN ZAE000287207 JSE Code SPIB34 OPTION EXPIRY ON 06 November 2023 Investec Bank Limited (“Investec”), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of their imminent option expiry on 06 November 2023 (see the related securities above). In the event that the Put Strike Price of the Put exceeds the Final Reference Price on the Expiry Date, the Put Option will be automatically exercised, the Holders will sell the Holder Underlying Securities to the Issuer and the Put Strike Price will automatically accrue to the Holder via instruction through STRATE on 10 November 2023. In the event that the Final Reference Price exceeds the Put Strike Price on the Expiry Date, the Put Option shall expire out of the money and Holders will be obliged to pay the Premium to the Issuer. The Issuer will sell the Holder Underlying Securities for the Final Reference Amount and the proceeds, less the Premium, will automatically accrue to the Holder via instruction through STRATE on 10 November 2023. Holders may make the following elections: A) Cash settlement: the default election at expiry is for holders to receive a cash settlement, holders are not required to take any action should they wish to make this election B) Underlying Securities: holders will need to inform Investec in writing by close of business on Monday, 30 October 2023 should they wish to receive delivery of the remaining underlying securities in the event that the put option expires out of the money Last date to trade Monday, November 6, 2023 Date of announcement of Put Strike Price Tuesday, November 7, 2023 by 11h00 Suspension date Tuesday, November 7, 2023 Record Date Thursday, November 9, 2023 Payment/Redemption Date Friday, November 10, 2023 Termination Date Monday, November 13, 2023 Date: 23 October 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