Automatic exercise of IMPIIC autocall notes INVESTEC BANK LIMITED Underlying Asset Impala Platinum Holdings Ltd (Johannesburg) Initial Asset Price 17890.77 Expiry Date 12 May 2027 Cover Ratio 1:1 Call/Put/Other Call Style Bermudan Issue Size 100 000 JSE Code IMPIIC ISIN Code ZAE000311098 AUTOMATIC EXERCISE OF IMPIIC AUTOCALL NOTES (AUTOCALLS) ON 12 May 2023 As announced on 26 April 2023, Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the automatic Exercise on 12 May 2023 (see the related securities above). On 12 May 2023 (the Valuation Date and Exercise Date), the conditions for Exercise were met, therefore Autocalls were Exercised and expired on 12 May 2023. The Holders are entitled to a Cash Settlement Amount determined as follows: Condition for Exercise Closing level of the Underlying Asset on 12 May 2023, multiplied by the Share Adjustment Factor, is greater than the Initial Asset Price Date of announcement of whether the Monday, 15 May 2023 Condition for Exercise has been met Cash Settlement Amount R1,340.0000 Last date to trade Monday, May 15, 2023 Suspension date Tuesday, May 16, 2023 Record date Thursday, May 18, 2023 Payment/Redemption Date Friday, May 19, 2023 Termination date Monday, May 22, 2023 Date: 15 May 2023 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: 15-05-2023 03:15:00 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.