INVESTEC BANK LIMITED - Updated pricing supplement

Updated pricing supplement

INVESTEC BANK LIMITED

UPDATED PRICING SUPPLEMENT ISSUED IN RELATION TO THE FLEXIBLE INVESTMENT NOTES (NOTES)
Record Date: 1 April 2026


INVESTMENT PROFILE NO.2: INVESTEC RAND NIKKEI 225 INDEX

 Index                                                                 Nikkei 225 Index
 Initial Index Level                                                   56 502.77
 Initial Valuation Date                                                13 April 2026
 Final Valuation Date                                                  10 April 2031
 Call/Put/Other                                                        Call
 Style                                                                 Bermudan


THE NOTES:

 Cover Ratio                                                           1:1
 Scheduled Redemption Date                                             10 April 2044
 Issue Size                                                            2 000 000
 JSE Code                                                              FNIB01
 ISIN Code                                                             ZAE000334280


Update of Terms for Investment Profile No 2.

As announced on 10 March 2026, Investec Bank Limited, as Issuer of the above Notes, notified Holders of the
Automatic Exercise of Investment Profile No. 1 on the Valuation Date, being 10 April 2026.

This Updated Applicable Pricing Supplement sets out a description of the Subsequent Structured Investment Profile
(Investment Profile No. 2) for the Notes.

The Updated Applicable Pricing has been signed, filed with the JSE and published on the Issuer's website:
https://www.investec.com/en_za/intermediary-investing/structured-products/warrants-and-notes.html

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


Date: 15 April 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: 1972/008905/07

Date: 15-04-2026 04:30:00
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