INVESTEC BANK LIMITED - Issue of flexible investment notes

Issue of flexible investment notes

INVESTEC BANK LIMITED

ISSUE OF FLEXIBLE INVESTMENT NOTES (Series 1 AUTOCALL) (NOTES)
Investec Flexible Investment Note FNIB28
Commencement Date: 11 March 2026

INVESTMENT PROFILE No. 1: Investec ZAR SA Basket Autocall (FNIB28)
Initial Valuation Date   04 March 2026
Final Valuation Date     03 March 2031
Call/Put/Other           Call
Style                    Bermudan
Reference Asset          A basket consisting of:
                                                                                                     
                                                                                                     Initial
                                Reference Asset Name                 Bloomberg           Weight      Reference
                                                                     Code                            Level (ZAR)
                                                                                                     
                                Nedbank Group Ltd                    NED SJ Equity       12.5%       296.60
                                ABSA Group Ltd                       ABG SJ Equity       12.5%       251.39
                                Mr Price Group Ltd                   MRP SJ Equity       12.5%       176.00
                                Standard Bank Group Ltd              SBK SJ Equity       12.5%       308.96
                                The Foschini Group Ltd               TFG SJ Equity       12.5%       78.51
                                Sanlam Ltd                           SLM SJ Equity       12.5%       100.66
                                Growth Point Properties Ltd          GRT SJ Equity       12.5%       17.83
                                Old Mutual Ltd                       OMU SJ Equity       12.5%       15.38

THE NOTES:
Cover Ratio                     1:1

Scheduled Redemption Date       09 March 2046

Issue Size                      80,000
JSE Code                        FNIB28
                                ZAE000358875
ISIN Code


The JSE Limited ("JSE") has approved the listing of the abovementioned Notes and trading will commence on
Wednesday, 11 March 2026. All members of the JSE may participate in trading, which will occur according to
normal JSE Rules.

The Notes comprise inward listed securities classified as foreign for purposes of the South African Reserve Bank
Exchange Control Regulations. Therefore, the full nominal or notional exposure in respect of these Notes must be
marked off against the Holder's foreign portfolio allowance and emigrants from the Common Monetary Area shall
not be entitled to utilise "blocked Rand" in order to subscribe for the Notes.

As the Notes have been dematerialised, settlement will be effected electronically through the Strate system of the
JSE and accordingly, certificates evidencing the Notes will not be issued to Holders.

Any capitalised terms referred to herein, and not defined, shall bear the meanings ascribed thereto in the Note issue
documentation.

Date: 10 March 2026

Copies of the offering circular may be obtained from: Investec Bank Limited 100 Grayston Drive Sandown Sandton
2196


Copies of Warrant issue documentation can be located on:
Internet: www.investecwarrants.com
Place and Date of Incorporation of the Issuer:
Incorporated in the Republic of South Africa
Registration Number: 1969/004763/06
Date of Incorporation: 31 March 1969

For further information kindly contact:
Investec Financial Products
Tel.: +27 11 286 9663
E-mail: FPRetail@investec.co.za

Sponsor: Investec Bank Limited
Member of the JSE
Registration Number: 1969/004763/06

Date: 10-03-2026 03:20:00
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