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 – IBL235

Application has been made to the JSE Limited (“JSE”) for the listing of R40,000,000 (forty
million Rand) senior unsecured floating rate Notes (stock code IBL235), under Investec Bank
Limited’s Domestic Medium Term Note and Preference Share Programme, dated 17 March
2021.

The IBL235 Notes will be issued to Noteholders on the date of listing being 4 July 2022 with
effect from commencement of trade.

Salient features of the IBL235 Notes are listed below:

Issuer                                                   Investec Bank Limited

Instrument                                               Senior unsecured Notes

Issue Date                                               4 July 2022

Aggregate Nominal Amount of Tranche                      R40,000,000 (forty million Rand)

Nominal Amount per Note                                  R1,000,000

Interest Rate                                            the Margin minus the Reference
                                                         Rate

Margin                                                   15.355% (fifteen point three, five,
                                                         five percent)

Reference Rate                                           The ZAR-JIBAR-SAFEX with a
                                                         Designated Maturity of 3 months

Interest Determination Date                              means the Interest Commencement
                                                         Date and every Interest Payment
                                                         Date thereafter

Maturity Date                                            4 July 2024

Issue price per Note                                     100%

Final Redemption Amount per Note                         The Nominal Amount per Note (plus
                                                         accrued unpaid interest, if any, to
                                                         the Maturity Date)

Interest Commencement Date                               4 July 2022
Books Close Dates                                   The Register will be closed from 24
                                                    June to 4 July, 24 September to 4
                                                    October, 25 December to 4 January
                                                    and 25 March to 4 April (all dates
                                                    inclusive) in each year until the
                                                    Applicable Redemption Date, or 10
                                                    days prior to any Payment Day

Last Day to Register                                23 September, 24 December, 24
                                                    March and 23 June in each year, or
                                                    if such day is not a Business Day,
                                                    the Business Day before each
                                                    Books Closed Period, or the last
                                                    Business       Day     immediately
                                                    preceding the commencement of
                                                    the Books Closed Period

Interest Payment Dates                              4 July, 4 October, 4 January and 4
                                                    April of each year, provided that the
                                                    first Interest Payment Date shall be
                                                    on 4 October 2022. 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 this
                                                    Applicable Pricing Supplement)

Business Day Convention                             Following Business Day

JSE Stock Code                                      IBL235

ISIN                                                ZAG000187832

Aggregate Nominal Amount of Notes Outstanding
in the Series including this issuance but           R47,032,103,400             (forty-seven
excluding all other issuances on this Issue Date    billion thirty-two million one hundred
                                                    and three thousand and four
The Pricing Supplement does not contain any         hundred Rand) including this
additional terms and conditions or changes to the   Tranche of Notes but excluding all
terms and conditions as contained in the            other Notes and Programme
Programme Memorandum.                               Preference Shares issued on the
                                                    Issue Date

Investors should study the Applicable Pricing
Supplement for full details of the terms and
conditions applicable to these Notes.

Date: 1 July 2022
Debt Sponsor:
Investec Bank Limited
Bongani.Ntuli@investec.co.za