New Financial Instrument Listing Announcement - IVC186 Investec Bank Limited (Incorporated in the Republic of South Africa) (Registration number: 1969/004763/06) Issuer code: BIINLP LEI No: 549300RH5FFHO48FXT69 New Financial Instrument Listing Announcement ISSUE OF IVC186 SENIOR UNSECURED FIXED RATE CREDIT LINKED NOTES (“IVC186 NOTES”) Application has been made to the JSE Limited (“JSE”) for the listing of R500,000,000 (Five Hundred Million Rand) senior unsecured fixed rate credit linked Notes (stock code IVC186), under Investec Bank Limited’s Credit Linked Note Programme dated 10 May 2010. The IVC186 Notes will be issued to Noteholders on the date of listing being 28 October 2020 with effect from commencement of trade. Salient features of the IVC186 Notes are listed below: Issuer Investec Bank Limited Issue Price R500,000,000 Instrument Senior unsecured credit linked Notes Issue Date 28 October 2020 Nominal Amount per Note R1,000,000 Interest Rate 7.40% NACS payable on each Interest Payment Date Interest Determination Date N/A Margin N/A Scheduled Maturity Date 21 December 2026 Optional Redemption Date (Call) Applicable: 21 December 2022 and 21 December 2024 Issue price per Note 100% Final Redemption Amount per Note The Nominal Amount per Note (plus accrued unpaid interest, if any, to the Maturity Date) Interest Commencement Date Issue Date Books Close Period The Register will be closed from 12 December to 21 December and 12 June to 21 June (all dates inclusive) of each year until the Scheduled Maturity Date. In the event of any Redemption of the Notes on a date that is not an Interest Payment Date, then the Books Closed Period shall be as determined by the Calculation Agent and notified to Noteholders by SENS announcement not less than 10 days before the Redemption Date of the Notes Last Day to Register 11 December and 11 June of each year, and if such day is not a Business Day, the Last Day to Register will be the Business Day immediately preceding the first day of the relevant Books Closed Period Interest Payment Dates 21 December and 21 June of each year, or if such date is not a Business Day, the Business Day on which the interest will be paid, as adjusted in accordance with the applicable Business Day Convention (as specified in the Applicable Pricing Supplement), commencing on the First Interest Payment Date. Business Day Convention Following Business Day JSE Stock Code IVC186 ISIN ZAG000172040 Aggregate Nominal Amount of Notes Outstanding ZAR8,716,191,236 under the Programme after this issuance The Pricing Supplement does not contain any additional terms and conditions or changes to the terms and conditions as contained in the Programme Memorandum Investors should study the Applicable Pricing Supplement for full details of the terms and conditions applicable to these Notes. Date: 27 October 2020 Debt Sponsor: Investec Bank Limited abotha@investec.co.za Date: 27-10-2020 11:25:00 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.