INVESTEC BANK LIMITED - Updated pricing supplement issued in relation to the flexible investment notes (notes)

Updated pricing supplement issued in relation to the flexible investment notes (notes)

INVESTEC BANK LIMITED

UPDATED PRICING SUPPLEMENT ISSUED IN RELATION TO THE FLEXIBLE INVESTMENT NOTES (NOTES)
Record Date: 9 November 2026

INVESTMENT PROFILE NO.2: Stoxx Global Select Dividend 100 Index

 Index                                                                 Stoxx Global Select Dividend 100 Index
 Initial Index Level                                                   4,157.23
 Initial Valuation Date                                                5 November 2026
 Final Valuation Date                                                  5 November 2031
 Call/Put/Other                                                        Call
 Style                                                                 Bermudan


THE NOTES:

 Cover Ratio                                                           1:1
 Scheduled Redemption Date                                             30 October 2045
 Issue Size                                                            3 000 000
 JSE Code                                                              FNIB23
 ISIN Code                                                             ZAE000354627

Update of Terms for Investment Profile No 2.

As announced on 5 October 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 3 November 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: 10 November 2026

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

  Copies of Structured Product issue documentation can be located on the Internet:
  https://www.investec.com/en_za/intermediary-investing/pricing-supplements.html

  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: 10/11/2026 03:40:00
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