Investec Limited Investec plc Incorporated in the Republic of South Africa Incorporated in England and Wales Registration number 1925/002833/06 Registration number 3633621 JSE share code: INL LSE share code: INVP JSE Hybrid code: INPR JSE share code: INP JSE debt code: INLV ISIN: GB00B17BBQ50 NSX share code: IVD LEI: 2138007Z3U5GWDN3MY22 BSE share code: INVESTEC ISIN: ZAE000081949 LEI: 213800CU7SM6O4UWOZ70 TRANSACTIONS IN INVESTEC LIMITED ORDINARY SHARES As part of the dual listed company structure, Investec plc and Investec Limited (together “Investec”) notify both the London and Johannesburg Stock Exchanges of those interests (and changes to those interests) of (i) directors of both entities and the respective company secretaries (ii) persons discharging managerial responsibilities (PDMRs) and persons closely associated with them, and (iii) in certain instances the directors of major subsidiaries of Investec Limited, in the securities of Investec plc and Investec Limited which are required to be disclosed under Article 19 of the Market Abuse Regulation (Regulation 596/2014), the Disclosure Guidance, Transparency Rules and Listing Rules of the Financial Conduct Authority and/or the JSE Listings Requirements. Exercise of Share Options and Sale of Shares in terms of the Investec Limited Share Incentive Plan 2021 –Share Appreciations Rights (2022 Award) In terms of the Investec Limited Incentive Plan 2021 - Share Appreciation Award (SAR), on the SAR exercise date, the appreciation in each SAR is calculated by deducting the grant price from the exercise price (“Appreciation Value”). The deemed exercise price is the volume weighted average price (VWAP) over 20 days to the vesting date and where participants have elected to sell the remaining shares, the same VWAP was used for such sale. Following the exercise of the SAR the participant receives Investec Limited shares to the equivalent of the Appreciation Value. 1 Details of the person discharging managerial responsibilities / person closely associated a) Name Cumesh Moodliar 2 Reason for the notification a) Position/status PMDR / Director of major subsidiary b) Initial notification/Amendment Initial notification 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Investec Limited b) LEI 213800CU7SM6O4UWOZ70 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument Ordinary shares of ZAR0.0002 each Identification code ZAE000081949 b) Nature on interest Direct Beneficial c) Nature of the transaction Off-market exercise of SAR d) Number of SAR awards 20,977 e) Award Date 1 June 2022 f) Award/Strike Price ZAR89.21 g) Number of Investec Limited shares received on 6,300 exercise of SAR h) Deemed exercise Price (20-day VWAP) ZAR127.5026 i) Total value of transaction ZAR803,263.87 j) Date of the transaction 10 July 2025 k) Place of the transaction Johannesburg l) Clearance to deal obtained Yes a) Nature of the transaction On-Market sale of Investec Limited shares b) Number of securities 6,300 c) Deemed Price (20-day VWAP) ZAR127.5026 d) Highest Price ZAR 135.11 e) Lowest Price ZAR 119.00 f) Total value of transaction: ZAR803,263.87 g) Date of the transaction 10 July 2025 h) Place of the transaction Johannesburg i) Clearance to deal obtained Yes 1 Details of the person discharging managerial responsibilities / person closely associated a) Name Lesley-Anne Gatter 2 Reason for the notification a) Position/status PMDR b) Initial notification/Amendment Initial notification 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Investec Limited b) LEI 213800CU7SM6O4UWOZ70 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument Ordinary shares of ZAR0.0002 each Identification code ZAE000081949 b) Nature on interest Direct Beneficial c) Nature of the transaction Off-market exercise of SAR d) Number of SAR awards 15,733 e) Award Date 1 June 2022 f) Award/Strike Price ZAR 89.21 g) Number of Investec Limited shares received on 4,725 exercise of SAR h) Deemed exercise price (20-day VWAP) ZAR127.5026 i) Total value of transaction ZAR 602,457.48 j) Date of the transaction 10 July 2025 k) Place of the transaction Johannesburg l) Clearance to deal obtained Yes a) Nature of the transaction On-Market sale of Investec Limited shares to cover tax and costs b) Number of securities 2,181 c) Deemed Price (20-day VWAP) ZAR127.5026 d) Highest Price ZAR 135.11 e) Lowest Price ZAR 119.00 f) Total value of transaction: ZAR 278,083.17 g) Date of the transaction 10 July 2025 h) Place of the transaction Johannesburg i) Clearance to deal obtained Yes 1 Transaction by the Company Secretary a) Name Niki van Wyk 2 Reason for the notification a) Position/status Company Secretary b) Initial notification/Amendment Initial notification 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Investec Limited b) LEI 213800CU7SM6O4UWOZ70 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument Ordinary shares of ZAR0.0002 each Identification code ZAE000081949 b) Nature on interest Direct Beneficial c) Nature of the transaction Off-market exercise of SAR d) Number of SAR awards 6,555 e) Award Date 1 June 2022 f) Award/Strike Price R89.21 g) Number of Investec Limited shares received on 1,969 exercise of SAR h) Deemed exercise Price (20-day VWAP) ZAR127.5026 i) Total value of transaction ZAR 251,007.99 j) Date of the transaction 10 July 2025 k) Place of the transaction Johannesburg l) Clearance to deal obtained Yes a) Nature of the transaction On-Market sale of Investec Limited shares b) Number of securities 1,969 c) Price per security ZAR127.5026 d) Highest Price ZAR 135.11 e) Lowest Price ZAR 119.00 f) Total value of transaction: ZAR 251,007.99 g) Date of the transaction 10 July 2025 h) Place of the transaction Johannesburg i) Clearance to deal obtained Yes Transaction by Company Secretary in Investec Limited Ordinary Shares The following on market sale is notified in terms of Rules 3.63 – 3.74 of the JSE Listings Requirements: 1 Transaction by the Company Secretary a) Name Niki van Wyk 2 Reason for the notification a) Position/status Company Secretary b) Initial notification/Amendment Initial notification 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Investec Limited b) LEI 213800CU7SM6O4UWOZ70 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument Ordinary shares of ZAR0.0002 each Identification code ZAE000081949 b) Nature on interest Direct Beneficial c) Nature of the transaction On market sale of shares following the release of forfeitable shares d) Number of Securities 1,786 e) Award Date 1 June 2022 f) Award Price R Nil g) Volume Weighted Average Price ZAR 132.7668 h) Highest Price ZAR 132.90 i) Lowest Price ZAR 132.10 j) Total value of transaction ZAR 237,121.50 k) Date of the transaction 10 July 2025 l) Place of the transaction Johannesburg Clearance was obtained for the above dealings in securities. The Investec Limited Share Incentive Plan 2021 (The “Plan”): Dealings in Securities Shareholders are advised that, in compliance with paragraphs 3.63 to 3.66 and 3.96 of the JSE Listings Requirements, the Plan is required to disclose the details of the indirect beneficial off-market exercise of an option to acquire Investec Limited ordinary shares made to satisfy the Plan’s obligations to its participants and accordingly the following deal is disclosed: Date of transaction: 10 July 2025 Nature of the transaction Off-market exercise of option Number of Investec Limited shares received on 646,955 exercise of option Option Strike Price ZAR91.32 Total Value: ZAR59,079,930.60 Date of the transaction 10 July 2025 Place of the transaction Johannesburg Johannesburg and London 11 July 2025 Sponsor: Investec Bank Limited