Investec Limited (Incorporated in the Republic of South Africa) (Registration number: 1925/002833/06) Issuer code: INLV LEI No: 13800CU7SM6O4UWOZ70 New Financial Instrument Listing Announcement ISSUE OF INLV16 SUBORDINATED UNSECURED CALLABLE FLOATING RATE ADDITIONAL TIER 1 NOTES (“INLV16 NOTES”) Application has been made to the JSE Limited (“JSE”) for the listing of ZAR750,000,000 (seven hundred and fifty million Rand) subordinated unsecured callable floating rate Additional Tier 1 Notes (stock code INLV16), under Investec Limited’s Domestic Medium Term Note and Preference Share Programme dated 15 November 2017. The INLV16 Notes will be issued to Noteholders on the date of listing being 14 December 2023 with effect from commencement of trade. Salient features of the INLV16 Notes are listed below: Issuer Investec Limited Instrument subordinated unsecured callable Additional Tier 1 Notes, subject to Write Off if a Trigger Event occurs in relation to the Issuer Issue Date 14 December 2023 Nominal Amount per Note R1,000,000 Aggregate Nominal Amount of Tranche R750,000,000 Interest Rate 3-month JIBAR plus the Margin Interest Rate Determination Date means 14 March, 14 June, 14 September and 14 December in each year as determined in accordance with the applicable Business Day Convention (as specified in the Applicable Pricing Supplement), provided that the first Interest Determination Date shall be on 14 December 2023 Margin 3.01% Maturity Date Subject to the section titled “Provisions regarding Redemption/Maturity” below, this Tranche of Additional Tier 1 Notes shall only be redeemed, at the aggregate outstanding Nominal Amount of this Tranche plus accrued unpaid interest (if any), on a winding-up (other than pursuant to a Solvent Reconstruction) or liquidation of the Issuer, subject to Condition 6.4 (Status of Additional Tier 1 Notes) (and specifically Condition 6.4.3 (Subordination)) Issue price per Note 100% Final Redemption Amount per Note The aggregate outstanding Nominal Amount (plus accrued interest, if any, to the Maturity Date) Redemption at the option of the Issuer Applicable, subject to the applicable Regulatory Capital Requirements and Condition 10.1.8 (Conditions to redemption, purchase, cancellation, modification, substitution or variation of Subordinated Capital Notes). The Optional Redemption Date is 14 March 2029 and on each Interest Payment Date thereafter. Early Redemption Amount The outstanding Nominal Amount per Note plus accrued unpaid interest (if any) Interest Commencement Date 14 December 2023 Books Close Period The Register will be closed from 5 March to 14 March, 5 June to 14 June, 5 September to 14 September and 5 December to 14 December in each year (all dates inclusive) until the Applicable Redemption Date, or 10 days prior to any Payment Day Last Day to Register Close of business on the Business Day immediately preceding the first day of a Books Close Period Interest Payment Dates 14 March, 14 June, 14 September and 14 December in each year, with the first Interest Payment Date being 14 March 2024 Business Day Convention Following Business Day JSE Stock Code INLV16 ISIN ZAG000201914 Aggregate Nominal Amount of Notes Outstanding ZAR16,009,674,116 in the Series after this issuance 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: 13 December 2023 Debt Sponsor: Investec Bank Limited bongani.ntuli@investec.co.za