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 – IVC309

Application has been made to the JSE Limited (“JSE”) for the listing of R150,000,000 (one
hundred and fifty million Rand) senior unsecured mixed rate credit linked Notes (stock code
IVC309), under Investec Bank Limited’s Credit Linked Note Programme dated 17 March
2021.

The IVC309 Notes will be issued to Noteholders on the date of listing being with effect from
19 September 2024 commencement of trade.

Salient features of the IVC309 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                                               19 September 2024

Nominal Amount per Note                                  R1,000,000

Interest Rate                                            ZAR-JIBAR-SAFEX         with     a
                                                         Designated Maturity of 3 months
                                                         plus a margin of 3% nominal
                                                         annual compounded quarterly in
                                                         arrear from the date commencing
                                                         on and including the Issue Date to
                                                         but excluding 31 July 2029 (as
                                                         adjusted in accordance with the
                                                         applicable     Business       Day
                                                         Convention)
                                                         10.83% from the date commencing
                                                         on and including 31 July 2029 (as
                                                         adjusted in accordance with the
                                                         applicable     Business      Day
                                                         Convention) to but excluding the
                                                         Scheduled Maturity Date


Scheduled Maturity Date                                  31 January 2037
Issue price per Note                            100%

Final Redemption Amount per Note                The outstanding Principal Amount
                                                per Note (plus accrued unpaid
                                                interest and break costs, if any, to
                                                but excluding the Scheduled
                                                Maturity Date

Interest Commencement Date                      Issue Date

Books Close Period                              from 21 to 31 January, 20 to 30
                                                April, 21 to 31 July and from 21 to
                                                31 October in each year (inclusive
                                                of the first date and exclusive of the
                                                final date) until the Applicable
                                                Redemption Date, or 10 (ten) days
                                                prior to but excluding any Payment
                                                Day

Last Day to Register                            20 January, 19 April, 21 July and
                                                21 October 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                          31 January, 30 April, 31 July and
                                                31 October of each calendar year,
                                                with the first Interest Payment Date
                                                being 31 January 2025 and if any
                                                of these dates is not a Business
                                                Day, the Business Day on which
                                                interest will be paid, as determined
                                                in accordance with the applicable
                                                Business Day Convention


Business Day Convention                         Following Business Day

JSE Stock Code                                  IVC309

ISIN                                            ZAG000208935

Aggregate Nominal Amount of Notes Outstanding   ZAR12,581,200,000 (twelve billion
under the Programme after this issuance         five hundred and eighty-one million
                                                two hundred thousand 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: 18 September 2024

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