INVESTEC BANK LIMITED - Condensed consolidated financial results for the year ended 31 March 2025

Condensed consolidated financial results for the year ended 31 March 2025

Investec Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1969/004763/06)
LEI No: 549300RH5FFHO48FXT69
JSE Interest rate issuer code: BIINLP
JSE Structured product issuer code: INVP
JSE ETN issuer code: INVSN
CTSE stock code: INV
("Investec" or "the Issuer")

Preliminary condensed consolidated financial results for the year ended 31 March 2025

The preliminary condensed consolidated financial results for the year ended 31 March 2025 are available for inspection at
the registered office of the Issuer, as well as on the Investec's website at www.investec.com.

Noteholders are advised that the statutory audited annual financial statements are expected to be published on 30 June
2025. A further announcement will be published on SENS once available.

Investec advises of the following restatements:

1. Variation margin balances
   Historically, certain variation margin balances were offset against related derivative trades. In the current year, the
   settlement mechanisms were reconsidered and it was concluded that these balances did not qualify for offset.
   Subsequently, the derivative and margin balances have been grossed up, reflecting margin accounts on the appropriate line
   items determined based on whether they are to, or from, banking or non-banking counterparties.
   This change had no impact on the income statement or cash flow statement.

2. Investec's Rewards programme revenue recognition
   Investec's Rewards programme awards cardholders points in proportion to eligible transactions. These points are, in
   substance, a reduction in fees. Historically, these have been incorrectly reflected as 'fee and commission expense', therefore
   a restatement has been performed to reduce 'fee and commission income' for the points allocated within the prior period.
   This change had no impact on the cash flow statement.
   The impact of the above restatements are disclosed in the financial results on Investec's website at www.investec.com.

By order of the board

N van Wyk
Company Secretary
22 May 2025


For further information
Registered office
100 Grayston Drive
Sandown, Sandton, 2196

Transfer secretaries
Computershare Investor Services (Pty) Ltd
Rosebank Towers, 15 Biermann Avenue, Rosebank, 2196

Company Secretary
N van Wyk

JSE Debt Sponsor and CTSE External Debt Issuer Agent
Investec Bank Limited

Date: 22-05-2025 08:00:00
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