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TR-1: Standard form for notification of major holdings
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
TR-1: Standard form for notification of major holdings
As part of the dual listed company structure, Investec plc and Investec Limited (together "Investec") notify
both the London and Johannesburg Stock Exchanges of matters which are required to be disclosed under
the Disclosure Guidance and Transparency Rules and the Listing Rules of the Financial Conduct Authority
(the "FCA") and/or the JSE Listings Requirements.
Accordingly, we advise of the receipt of the following TR-1 notification:
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft
Word format if possible)
1a. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are at- INVESTEC PLC
tached (ii):
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)
UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify) (iii):
3. Details of person subject to the notification obligation (iv)
Name PUBLIC INVESTMENT CORPORATION SOC LIMITED
City and country of registered office (if applicable) PRETORIA, SOUTH AFRICA
4. Full name of shareholder(s) (if different from 3.) (v)
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or 24/11/2025
reached (vi):
6. Date on which issuer notified (DD/MM/YYYY): 26/11/2025
7. Total positions of person(s) subject to the notification obligation
% of voting rights Total number of
% of voting rights at- through financial instru- Total of both in % voting rights held
tached to shares (to- ments (8.A + 8.B) in issuer (8.A +
tal of 8. A) (total of 8.B 1 + 8.B 2) 8.B) (vii)
Resulting situation
on the date on which
threshold was 12.686% 12.686% 88 304 454
crossed or reached
Position of previous
notification (if 13.221% 13.221%
applicable)
8. Notified details of the resulting situation on the date on which the threshold was crossed or
reached (viii)
A: Voting rights attached to shares
Class/type of Number of voting rights (ix) % of voting rights
shares
ISIN code (if possible) Direct Indirect Direct Indirect
(DTR5.1) (DTR5.2.1) (DTR5.1) (DTR5.2.1)
88 304 454 12.686%
SUBTOTAL 8. A 88 304 454 12.686%
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Number of voting rights
Type of financial in- Expiration Exercise/ that may be acquired if % of voting rights
strument date (x) Conversion Period (xi) the instrument is
exercised/converted.
SUBTOTAL 8. B 1 NIL NIL
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Exercise/ Physical or Number of
Type of financial Expiration Conversion Pe- cash voting rights % of voting rights
instrument date (x) riod (xi) Settlement (xii)
SUBTOTAL
8.B.2 NIL NIL
9. Information in relation to the person subject to the notification obligation (please mark the
applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not
control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer (xiii)
Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entity X
(please add additional rows as necessary) (xiv)
% of voting rights
% of voting rights if it Total of both if it
through financial in-
equals or is higher equals or is higher
Name (xv) struments if it equals
than the notifiable than the notifiable
or is higher than the
threshold threshold
notifiable threshold
PUBLIC INVESTMENT
CORPORATION SOC 12.686% 12.686%
LIMITED
10. In case of proxy voting, please identify:
Name of the proxy holder N/A
The number and % of voting rights held N/A
The date until which the voting rights will be held N/A
11. Additional information (xvi)
Place of completion PRETORIA, SOUTH AFRICA
Date of completion 26 November 2025
Johannesburg and London
26 November 2025
Sponsor: Investec Bank Limited
Date: 26-11-2025 04:30:00
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