INVESTEC BANK LIMITED - Option expiry - SPIB35

Option expiry - SPIB35

INVESTEC BANK LIMITED


 Reference Index                                       S&P500® Index

 Strike Price                                          3,572.66

 Listing Date:                                         18 November 2020

 Expiry Date                                           13 May 2024

 Cover Ratio                                           1:1

 Call/Put                                              Put

 Style                                                 European

 Issue Size                                            10,020

 ISIN                                                  ZAE000293460

 JSE Code                                              SPIB35


                                          OPTION EXPIRY ON 13 May 2024

Investec Bank Limited ("Investec"), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of
their imminent option expiry on 13 May 2024 (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 17 May 2024.

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 17 May 2024.

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 Monday, 06 May 2024
    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                                      Monday, 13 May 2024
 Date of announcement of Put Option Strike Price         Tuesday, 14 May 2024
 Suspension date                                         Tuesday, 14 May 2024
 Record Date                                             Thursday, 16 May 2024
 Payment/Redemption Date                                 Friday, 17 May 2024
 Termination Date                                        Monday, 20 May 2024

Date: 24 April 2024

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: 24-04-2024 12:49:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.