Update announcement - coupon payment and no exercise INVESTEC BANK LIMITED Underlying Indices and Initial S&P 500 Index 4,158.24 Index Levels FTSE 100 Index 7,585.46 Euro Stoxx Select Dividend 30 Index 1,740.38 Expiry Date 30 May 2028 Cover Ratio 1:1 Call/Put/Other Call Style Bermudan Issue Size 100 000 JSE Code USSIIA ISIN Code ZAE000311395 UPDATE ANNOUNCEMENT - NO EXERCISE OF USSIIA AUTOCALL NOTES (AUTOCALLS) ON 28 May 2024 Holders are referred to the SENS announcement dated 14 May 2024, the conditions for Exercise were not met and the Autocalls were not automatically exercised on 28 May 2024. The dates referred to in the SENS announcement dated 14 May 2024 are not applicable. Condition for Exercise Closing level of all Underlying Indices on 28 May 2024 is equal to or greater than the respective Initial Index Levels Closing level of the Underlying S&P 500 Index 5,306.04 Indices on 28 May 2024 FTSE 100 Index 8,254.18 Euro Stoxx Select Dividend 30 Index 1,709.08 Remaining Exercise Dates Tuesday, May 27, 2025 Wednesday, May 27, 2026 Thursday, May 27, 2027 Tuesday, May 30, 2028 CONDITIONAL COUPON As announced on 14 May 2024, Investec Bank Limited, as Issuer of the above Autocall Notes ("Autocalls"), hereby notifies Holders of the Coupon payable. On 28 May 2024 (the valuation Date), the conditions for the Coupon to be paid were met and Holders are entitled to a Cash Settlement Amount determined as follows. Conditions for Coupon Payment Closing level of all Underlying Indices on 28 May 2024 are greater than the respective Initial Index Levels multiplied by 85% Date of announcement of whether Thursday, 30 May 2024 the Condition for the Coupon Payment has been met Cash Settlement Amount R130.0000 Last date to trade Thursday, 30 May 2024 Record date Tuesday, 04 June 2024 Payment Date Wednesday, 05 June 2024 Date: 30 May 2024 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: 30-05-2024 11:30:00 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.