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Potential automatic exercise of BATIIK autocall notes

Published: 2023-10-31 13:45:30 ET
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INVESTEC BANK LIMITED


 Underlying Asset                   British American Tobacco PLC (London)

 Initial Asset Price                3270.4788

 Expiry Date                        15 November 2027

 Cover Ratio                        1:1

 Call/Put/Other                     Call

 Style                              Bermudan

 Issue Size                         200 000

 JSE Code                           BATIIK

 ISIN Code                          ZAE000316428


  POTENTIAL AUTOMATIC EXERCISE OF BATIIK AUTOCALL NOTES (AUTOCALLS) ON 14 November 2023

Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the potential
automatic Exercise on 14 November 2023 (see the related securities above). If the conditions for Exercise are fulfilled
the Autocalls will be automatically Exercised on 14 November 2023.

 Condition for Exercise                   Closing level of the Underlying Asset on 14 November 2023, multiplied by the
                                          Dividend Adjustment Performance, is greater than the Initial Asset Price

 Date of announcement of whether          Wednesday, November 15, 2023 by 11:00 AM
 the Condition for Exercise has
 been met


Salient information should the Condition for Exercise be met:

 Cash Settlement Amount                   R 1242.5000

 Last date to trade                       Wednesday, November 15, 2023

 Suspension date                          Thursday, November 16, 2023

 Record date                              Monday, November 20, 2023

 Payment/Redemption Date                  Tuesday, November 21, 2023

 Termination date                         Wednesday, November 22, 2023



Date: 31 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