INVESTEC BANK LIMITED - Automatic exercise - GSDIIC

Automatic exercise - GSDIIC

INVESTEC BANK LIMITED

 Underlying Asset                          Stoxx Global Select Dividend 100 Index
 Initial Asset Price                       2,863.42
 Expiry Date                               17 December 2027
 Cover Ratio                               1:1
 Call/Put/Other                            Call
 Style                                     Bermudan
 Issue Size                                120,000
 JSE Code                                  GSDIIC
 ISIN Code                                 ZAE000317343

AUTOMATIC EXERCISE OF GSDIIC AUTOCALL NOTES (AUTOCALLS) ON 15 December 2025

As announced on 01 December 2025, Investec Bank Limited, as Issuers of the above Autocall Notes ("Autocalls"), hereby notifies
Holders of the automatic Exercise on 15 December 2025 (see the related securities above).

On 15 December 2025 (the Valuation Date and Exercise Date), the conditions for Exercise were met, therefore the Autocalls were
Exercised and expired on 15 December 2025. The Holders are entitled to a Cash Settlement Amount determined as follows:


  Condition for Exercise                               Closing level of the Index on 15 December 2025 is greater than the Initial
                                                       Index Level
  Date of announcement of whether the Condition        Wednesday, 17 December 2025, by 08:00 AM
  for Exercise has been met
  Cash settlement amount                               R 1438.00
  Last date to trade                                   Wednesday, 17 December 2025
  Suspension date                                      Thursday, 18 December 2025
  Record date                                          Monday, 22 December 2025
  Payment/Redemption date                              Tuesday, 23 December 2025
  Termination date                                     Wednesday, 24 December 2025

Date: 17 December 2025


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

  For further information kindly contact:                             Sponsor:
           Investec Financial Products                                        Investec Bank Limited
           Tel.: +27 11 286 9663                                              Member of the JSE
           E-mail: FPRetail@investec.co.za                                    Registration Number: 1969/004763/06

Date: 17-12-2025 10:40:00
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