INVESTEC BANK LIMITED - AUTOMATIC EXERCISE OF VISIIA AUTOCALL NOTES - VISIIA

AUTOMATIC EXERCISE OF VISIIA AUTOCALL NOTES  - VISIIA

INVESTEC BANK LIMITED


 Stock                                Visa Inc (V UN Equity)

 Strike Price                         USD 175.11

 Expiry Date                          11 March 2025

 Cover Ratio                          1:01

 Call/Put/Other                       Call

 Style                                Bermudan

 Issue Size                           15 000

 JSE Code                             VISIIA

 ISIN Code                            ZAE000285615


AUTOMATIC EXERCISE OF VISIIA AUTOCALL NOTES (AUTOCALLS) ON 11 MARCH 2021

Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of their automatic
option expiry which occurred on 11 March 2021 (see the related securities above).

On 11 March 2021 (the Valuation and Exercise Date), the conditions for early exercise were met, therefore the Autocalls
were automatically exercised and expired on the 11 March 2021. The Holders are entitled to a Cash Settlement Amount
determined as follows:


 Condition for Exercise                          Closing level of the Index on 11 March 2021 is greater than the Initial Index Level

 Closing level of the stock on 11 March          USD 226.15
 2021

 Date of announcement of whether                 Friday, 12 March 2021, by 11h00

 Condition for Exercise will be met
 Cash Settlement Amount                          R1,180.00

 Last date to trade                              Friday, 12 March 2021

 Suspension date                                 Monday, 15 March 2021

 Record date                                     Wednesday, 17 March 2021

 Payment/Redemption Date                         Thursday, 18 March 2021

 Termination date                                Friday, 19 March 2021


Date: 12 March 2021

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

Date: 12-03-2021 09:31:00
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