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Automatic exercise of ELVIIC autocall notes

Published: 2023-11-20 08:30:28 ET
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INVESTEC BANK LIMITED


 Underlying Index                     Euronext® CDP Environment World EW Decrement 5% Index (Bloomberg: WLENV
                                      Index)

 Initial Index Level                  1,344.9976

 Expiry Date                          17 November 2025

 Cover Ratio                          1:1

 Call/Put/Other                       Call

 Style                                Bermudan

 Issue Size                           35 000

 JSE Code                             ELVIIC

 ISIN Code                            ZAE000294377


          AUTOMATIC EXERCISE OF ELVIIC AUTOCALL NOTES (AUTOCALLS) ON 17 November 2023

As announced on 3 November 2023, Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby
notifies Holders of the automatic Exercise on 17 November 2023 (see the related securities above).

On 17 November 2023 (the Valuation Date and Exercise Date), the conditions for Exercise were fulfilled, the Autocalls
were Exercised and expired on 17 November 2023. The Holders are entitled to a Cash Settlement Amount determined
as follows:

 Condition for Exercise                     Closing level of the Underlying Index on 17 November 2023, is greater than or
                                            equal to the Initial Index Level.

 Date of announcement of whether            Monday, November 20, 2023
 the Condition for Exercise has
 been met


 Cash Settlement Amount                     R 1300.0000

 Last date to trade                         Friday, November 17, 2023

 Suspension date                            Monday, November 20, 2023

 Record date                                Wednesday, November 22, 2023

 Payment/Redemption date                    Thursday, November 23, 2023

 Termination date                           Friday, November 24, 2023



Date: 20 November 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