INVESTEC BANK LIMITED Reference Index Euro Stoxx 50® Index Initial Index Level 3 174.16 Expiry Date 31 May 2022 Cover Ratio 1:1 Call/Put/Other Put Style European Issue Size 40,197 JSE Code SPIB29 ISIN Code ZAE000266391 OPTION EXPIRY ON 31 MAY 2022 Investec Bank Limited (“Investec”), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of their imminent option expiry on 31 May 2022 (see the related securities above). In the event that the Put Strike Price of the Put exceeds the Final Reference Price on the Expiry Date, the Put Option will be automatically exercised, the Holders will sell the Holder Underlying Securities to the Issuer and the Put Strike Price will automatically accrue to the Holder via instruction through STRATE on 05 June 2022. In the event that the Final Reference Price exceeds the Put Strike Price on the Expiry Date, the Put Option shall expire out of the money and Holders will be obliged to pay the Premium to the Issuer. The Issuer will sell the Holder Underlying Securities for the Final Reference Amount and the proceeds, less the Premium, will automatically accrue to the Holder via instruction through STRATE on 05 June 2022. Holders may make the following elections: A) Cash settlement: the default election at expiry is for holders to receive a cash settlement, holders are not required to take any action should they wish to make this election B) Underlying Securities: holders will need to inform Investec in writing by close of business on Tuesday, 24 May 2022 should they wish to receive delivery of the remaining underlying securities in the event that the put option expires out of the money Last date to trade Tuesday, 31 May 2022 Date of announcement of Put Option Strike Price Wednesday, 01 June 2022 by 11h00 Suspension date Wednesday, 01 June 2022 Record Date Friday, 03 June 2022 Payment/Redemption Date Monday, 06 June 2022 Termination Date Tuesday, 07 June 2022 Date: 18 May 2022 Copies of Warrant issue documentation can be located on: Internet: www.investecwarrants.com Place and Date of Incorporation of the Issuer: Incorporated in the Republic of South Africa Registration Number: 1969/004763/06 Date of Incorporation: 31 March 1969 For further information kindly contact: Investec Financial Products Tel.: +27 11 286 9663 E-mail: FPRetail@investec.co.za Sponsor: Investec Bank Limited Member of the JSE Registration Number: 1969/004763/06