New Financial Instrument Listing Announcement - IBL154 Investec Bank Limited (Incorporated in the Republic of South Africa) (Registration number: 1969/004763/06) Issuer code: BIINLP New Financial Instrument Listing Announcement ISSUE OF IBL154 SENIOR UNSECURED FLOATING RATE NOTES (“IBL154 NOTES”) Application has been made to the JSE Limited (“JSE”) for the listing of R435 000 000 (Four Hundred and Thirty Five Million Rand) senior unsecured floating rate Notes (stock code IBL154), under Investec Bank Limited’s Domestic Medium Term Note and Preference Share Programme dated 10 December 2018. The IBL154 Notes will be issued to Noteholders on the date of listing being 19 November 2020 with effect from commencement of trade. Salient features of the IBL154 Notes are listed below: Issuer Investec Bank Limited Instrument Senior unsecured Notes Issue Date 19 November 2020 Nominal Amount per Note R1,000,000 Interest Rate 3 month JIBAR plus the Margin Interest Rate Determination Date 19 November, 19 February, 19 May and 19 August in each year with the first Interest Rate Determination Date being 19 November 2020. If any such day is not a Business Day, the Business Day on which interest will be determined will be as determined in accordance with the applicable Business Day Convention (as specified in this Applicable Pricing Supplement) Margin 1.05% Maximum Interest Rate Not Applicable Maturity Date 19 November 2025 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 19 November 2020 Books Close Period The Register will be closed from 10 February to 19 February, 10 May to 19 May, 10 August to 19 August and 10 November to 19 November (all dates inclusive) in each year; or the 10 days prior to any Payment Day Last Day to Register Close of business on the Business Day immediately preceding the first day of a Books Close Period Interest Payment Dates 19 February, 19 May, 19 August and 19 November in each year, provided that the first Interest Payment Date shall be on 19 February 2021. If any such day is not a Business Day, the Business Day on which interest will be paid will be as determined in accordance with the applicable Business Day Convention (as specified in this Applicable Pricing Supplement). Business Day Convention Following Business Day JSE Stock Code IBL154 ISIN ZAG000172750 Aggregate Nominal Amount of Notes Outstanding R435,000,000 in the Series 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: 18 November 2020 Debt Sponsor: Investec Bank Limited abotha@investec.co.za Date: 18-11-2020 04:25:00 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.