INVESTEC BANK LIMITED - Potential automatic exercise - BATIIK

Potential automatic exercise - BATIIK

INVESTEC BANK LIMITED

 Underlying Asset                            British American Tobacco PLC (London)
 Initial Asset Price                         3,270.4788
 Expiry Date                                 15 November 2027
 Cover Ratio                                 1:1
 Call/Put/Other                              Call
 Style                                       Bermudan
 Issue Size                                  200,000
 JSE Code                                    BATIIK
 ISIN Code                                   ZAE000316428


POTENTIAL AUTOMATIC EXERCISE OF BATIIK AUTOCALL NOTES (AUTOCALLS) ON 14 November 2025

Investec Bank Limited, as Issuers of the above Autocall Notes ("Autocalls"), hereby notifies Holders of the potential automatic Exercise
on 14 November 2025 (see the related securities above). If the conditions for Exercise are fulfilled the Autocalls will be automatically
Exercised on 14 November 2025.

  Condition for Exercise                                  Closing level of the Index on 14 November 2025 is greater than the Initial
                                                          Index Level

  Date of announcement of whether the Condition           Monday, 17 November 2025, by 11:00 AM
  for Exercise has been met


Salient information should the Condition for Exercise be met:

  Cash settlement amount                                  R 1727.5000
  Last date to trade                                      Monday, 17 November 2025
  Suspension date                                         Tuesday, 18 November 2025
  Record date                                             Thursday, 20 November 2025
  Payment/Redemption date                                 Friday, 21 November 2025
  Termination date                                        Monday, 24 November 2025


Date: 31 October 2025


  Copies of Warrant issue documentation can be located on:              Place and Date of Incorporation of the Issuer:
          Internet: www.investecwarrants.com                                    Incorporated in the Republic of South Africa
                                                                                Registration Number: 1969/004763/06
                                                                                Date of Incorporation: 31 March 1969



  For further information kindly contact:                               Sponsor:
           Investec Financial Products                                          Investec Bank Limited
           Tel.: +27 11 286 9663                                                Member of the JSE
           E-mail: FPRetail@investec.co.za                                      Registration Number: 1969/004763/06

Date: 31-10-2025 11:50:00
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.