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 – IBL239

Application has been made to the JSE Limited (“JSE”) for the listing of R50,000,000 (Fifty
Million Rand) senior unsecured floating rate Notes (stock code IBL239), under Investec Bank
Limited’s Domestic Medium Term Note and Preference Share Programme, dated 17 March
2021.

The IBL239 Notes will be issued to Noteholders on the date of listing being 18 July 2022
with effect from commencement of trade.

Salient features of the IBL239 Notes are listed below:

Issuer                                                   Investec Bank Limited

Instrument                                               Senior unsecured Notes

Issue Date                                               18 July 2022

Aggregate Nominal Amount of Tranche                      R50,000,000 (Fifty Million Rand)

Nominal Amount per Note                                  R1,000,000

Interest Rate                                            the Reference Rate

Margin                                                   2.05% (two point zero five percent)

Reference Rate                                           ZAR-JIBAR-SAFEX        with   a
                                                         Designated Maturity of 3 months,
                                                         plus the Margin, subject to the
                                                         Maximum Interest Rate

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

Maximum Interest Rate                                    10.25% nacq (ten point two five
                                                         percent    nominal       annual
                                                         compounded quarterly)

Maturity Date                                            18 July 2027

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                          18 July 2022

Books Close Dates                                   The Register will be closed from 9
                                                    July to 18 July, 9 October to 18
                                                    October, 9 January to 18 January
                                                    and 9 April to 18 April (all dates
                                                    inclusive) in each year until the
                                                    Applicable Redemption Date, or 10
                                                    days prior to any Payment Day

Last Day to Register                                8 July, 8 October, 8 January and 8
                                                    April 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                              18 July, 18 October, 18 January and
                                                    18 April of each year, provided that
                                                    the first Interest Payment Date shall
                                                    be on 18 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                                      IBL239

ISIN                                                ZAG000188251

Aggregate Nominal Amount of Notes Outstanding
in the Series including this issuance but           R47,495,103,400      (forty  seven
excluding all other issuances on this Issue Date    billion four hundred and ninety five
                                                    million one hundred and three
The Pricing Supplement does not contain any         thousand and four hundred Rand)
additional terms and conditions or changes to the   including this Tranche of Notes but
terms and conditions as contained in the            excluding all other Notes and
Programme Memorandum.                               Programme 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: 15 July 2022
Debt Sponsor:
Investec Bank Limited
Bongani.Ntuli@investec.co.za