Investec Bank Limited
 (Incorporated in the Republic of South Africa)
 (Registration number: 1969/004763/06)
 LEI No: 549300RH5FFHO48FXT69
 JSE Interest rate issuer code: BIINLP


New Financial Instrument Listing Announcement – IVC222

Application has been made to the JSE Limited (“JSE”) for the listing of R75,000,000 (seventy
five million Rand) senior unsecured fixed rate credit linked Notes (stock code IVC222), under
Investec Bank Limited’s Credit Linked Note Programme dated 17 March 2021.

The IVC222 Notes will be issued to Noteholders on the date of listing being with effect from
28 July 2022 commencement of trade.

Salient features of the IVC222 Notes are listed below:


Issuer                                                   Investec Bank Limited

Principal Amount                                         R1,000,000 per Note on the Issue
                                                         Date

Instrument                                               Senior   unsecured    credit   linked
                                                         Notes

Issue Date                                               28 July 2022

Nominal Amount per Note                                  R1,000,000


Interest Rate                                            9.09% nominal annual compounded
                                                         semi annually in arrear from the
                                                         date beginning on and including the
                                                         Issue Date to but excluding the
                                                         Scheduled Maturity Date
Scheduled Maturity Date                                  28 July 2024

Optional Redemption Date (Call)                          N/A

Issue price per Note                                     100%

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

Interest Commencement Date                               Issue Date
Books Close Period                                  From 19 July to 28 July and 19
                                                    January to 28 January (all dates
                                                    inclusive) in each year until the
                                                    Applicable Redemption Date, or 10
                                                    (ten) days prior to any Payment Day

Last Day to Register                                18 July and 18 January 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                              Means 28 January and 28 July in
                                                    each year or, if 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 the
                                                    Applicable Pricing Supplement) with
                                                    the first Interest Payment Date
                                                    being 28 January 2023

Business Day Convention                             Following Business Day

JSE Stock Code                                      IVC222

ISIN                                                ZAG000188574

Aggregate Nominal Amount of Notes Outstanding       ZAR9,870,104,752 (nine billion
under the Programme after this issuance             eight hundred and seventy million
                                                    one hundred and four thousand
                                                    seven hundred and fifty two Rand)


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