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INVESTEC LIMITED - Investec Limited intention to purchase Investec plc ordinary shares and repurchase Investec Limited ordinary shares

Release Date: 20/08/2025 10:00
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Investec Limited intention to purchase Investec plc ordinary shares and repurchase Investec Limited ordinary shares

Investec Limited                                           Investec plc
Incorporated in the Republic of South Africa               Incorporated in England and Wales
Registration number 1925/002833/06                         Registration number 3633621
JSE share code: INL                                        LSE share code: INVP
JSE hybrid code: INPR                                      JSE share code: INP
JSE debt code: INLV                                        ISIN: GB00B17BBQ50
NSX share code: IVD                                        LEI: 2138007Z3U5GWDN3MY22
BSE share code: INVESTEC
ISIN: ZAE000081949
LEI: 213800CU7SM6O4UWOZ70

Investec Limited intention to purchase Investec plc ordinary shares and to repurchase Investec
Limited ordinary shares

As part of the dual listed company structure, Investec plc and Investec Limited notify both the London Stock
Exchange and the JSE Limited (the "JSE") of matters which are required to be disclosed under the
Disclosure Guidance and Transparency Rules, and Listing Rules of the Financial Conduct Authority (the
"FCA") and/or the JSE Listings Requirements.

Shareholders are referred to the 31 March 2025 year end results announcement released on 22 May 2025,
wherein shareholders were advised that Investec Limited intends to execute a share purchase and share
buy-back programme of up to R2.5billion (c.£100million), pursuant to which Investec Limited would
purchase Investec plc ordinary shares and would repurchase Investec Limited ordinary shares (collectively,
"the Programme").

Investec is commencing the Programme and anticipates that this programme will be executed until 31
March 2026, subject to market conditions.

Investec Limited has entered into a mandate with Investec Markets (Proprietary) Limited (the "Broker") to
conduct an on-market purchase of Investec plc ordinary shares and the repurchase of Investec Limited
ordinary shares ("the Shares") ("the Mandate"). The Broker will act as principal and will purchase the
Shares, on the Johannesburg Stock Exchange, the London Stock Exchange or other trading venues in the
United Kingdom and South Africa on which the Shares are listed. The Shares will then be sold on by the
Broker to Investec Limited.

The Broker shall not purchase shares or securities relating to the Shares on trading venues based in the
United States of America or knowingly from any persons located in the United States of America, nor shall
it knowingly undertake any other transactions or trading activity in connection with the Programme with
persons located in the United States of America.

The Mandate will commence on 20 August 2025 and will end on or before 31 March 2026.

The repurchased Investec Limited shares will be cancelled and reinstated as authorised but unissued
shares in the share capital of Investec Limited. The purchased Investec plc shares will be treated as if they
were treasury shares in the consolidated annual financial statements of the Investec Group. Investec
Limited has elected to waive voting and dividend rights of the purchased Investec plc shares unless notified
otherwise.

For further information please contact:
Investec Investor Relations
General enquiries: investorrelations@investec.com
Qaqambile Dwayi
SA Tel: +27 (11) 291 0178
UK Tel: +44 (20) 7597 5504

Johannesburg
20 August 2025

Sponsor:
Investec Bank Limited

Date: 20-08-2025 10:00:00
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