INVESTEC BANK LIMITED - Automatic exercise of SVXIIA

Automatic exercise of SVXIIA

INVESTEC BANK LIMITED


 Index                               Standard & Poor's 500 Value Index

 Initial Index Level                 1,367.096

 Expiry Date                         23/03/2026

 Cover Ratio                         1:1

 Call/Put/Other                      Call

 Style                               Bermudan

 Issue Size                          80 000

 JSE Code                            SVXIIA

 ISIN Code                           ZAE000297362


            AUTOMATIC EXERCISE OF SVXIIA AUTOCALL NOTES (AUTOCALLS) ON 25 MARCH 2024

As announced on 08 March 2024, Investec Bank Limited, as Issuers of the above Autocall Notes ("Autocalls"), hereby
notifies Holders of the automatic Exercise on 25 March 2024 (see the related securities above).

On 25 March 2024 (the Valuation Date and Exercise Date), the conditions for Exercise were met, therefore the Autocalls
were Exercised and expired on 25 March 2024. The Holders are entitled to a Cash Settlement Amount determined as
follows:

 Condition for Exercise                    Closing level of the Index on 25 March 2024 is greater than the Initial Index
                                           Level

 Date of announcement of whether           Tuesday, 26 March 2024
 the Condition for Exercise has
 been met

 Cash Settlement Amount                    8449.75599 US cents x CCR
 Calculation
 
 CCR – defined as the currency             The USD/ZAR exchange rate on 26 March 2024 (18.8750)
 conversion factor on the first
 business day following the Expiry
 Date

 Cash Settlement Amount                    R1,594.8914 or 159,489.14000 ZAR cents

 Last date to trade                        Tuesday, 26 March 2024

 Suspension date                           Wednesday, 27 March 2024

 Record date                               Tuesday, 02 April 2024

 Payment/Redemption Date                   Wednesday, 03 April 2024

 Termination date                          Thursday, 04 April 2024



Date: 26 March 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: 26-03-2024 01:46:00
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