New Financial Instrument Listing Announcement - INLV11 Investec Limited (Incorporated in the Republic of South Africa) (Registration number: 1925/002833/06) Issuer code: INLV LEI No: 13800CU7SM6O4UWOZ70 New Financial Instrument Listing Announcement ISSUE OF INLV11 SUBORDINATED UNSECURED CALLABLE FLOATING RATE TIER2 NOTES (“INLV11 NOTES”) Application has been made to the JSE Limited (“JSE”) for the listing of ZAR400,000,000 (Four Hundred Million Rand) subordinated unsecured callable floating rate Tier 2 Notes (stock code INLV11), under Investec Limited’s Domestic Medium Term Note and Preference Share Programme dated 15 November 2017. The INLV11 Notes will be issued to Noteholders on the date of listing being 22 December 2021 with effect from commencement of trade. Salient features of the INLV11 Notes are listed below: Issuer Investec Limited Instrument subordinated unsecured callable Tier 2 Notes, subject to Write Off if a Trigger Event occurs in relation to the Issuer. Issue Date 22 December 2021 Nominal Amount per Note R1,000,000 Aggregate Nominal Amount of Tranche R400,000,000 Interest Rate 3 month JIBAR plus the Margin Interest Rate Determination Date means 22 December, 22 March, 22 June and 22 September in each year as determined in accordance with the applicable Business Day Convention (as specified in the Applicable Pricing Supplement), provided that the first Interest Determination Date shall be on 22 December 2021 Margin 2.10% Maturity Date 22 December 2031 Issue price per Note 100% Final Redemption Amount per Note The aggregate outstanding Nominal Amount (plus accrued interest, if any, to the Maturity Date) Redemption at the option of the Issuer Applicable, subject to the applicable Regulatory Capital Requirements and Condition 10.1.8 (Conditions to redemption, purchase, cancellation, modification, substitution or variation of Subordinated Capital Notes). The Optional Redemption Date is 22 March 2027. Early Redemption Amount The outstanding Nominal Amount per Note plus accrued unpaid interest (if any) Interest Commencement Date 22 December 2021 Books Close Period The Register will be closed from 13 March to 22 March, 13 June to 22 June, 13 September to 22 September and 13 December November to 22 December in each year (all dates inclusive) until the Applicable Redemption Date, or 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 22 March, 22 June, 22 September and 22 December in each year, with the first Interest Payment Date being 22 March 2022 Business Day Convention Following Business Day JSE Stock Code INLV11 ISIN ZAG000182585 Aggregate Nominal Amount of Notes Outstanding ZAR400,000,000 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: 20 December 2021 Debt Sponsor: Investec Bank Limited abotha@investec.co.za Date: 20-12-2021 12:16:00 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.