INVESTEC BANK LIMITED - Investec Bank Limited Change to Board Composition

Investec Bank Limited – Change to Board Composition

Investec Bank Limited
Incorporated in the Republic of South Africa
Registration number 1969/004763/06
Interest Rate issuer Code: BIINLP
Structured product issuer code: INVP
ETN issuer code: INVSN
LEI No: 549300RH5FFHO48FXT69


INVESTEC BANK LIMITED – CHANGE TO BOARD COMPOSITION

Executive Directors

The Investec Bank Limited Board (the Board) has commenced with the next stage of its approved
executive succession plan. This will mean that Richard Wainwright will step down from his current role
of Chief Executive Officer of Investec Bank Limited during the course of 2024. We will announce his
successor at the conclusion of our selection process. Post transition, Richard will remain in an executive
role until his planned retirement in 2025.

The Board wishes to thank Richard for his significant contribution to the Board and looks forward to his
continued contribution to the group over the next two years.

Non-Executive Directors

Furthermore and in line with the Board approved non-executive director succession plan, the Board
also wishes to confirm that Khumo Shuenyane is reaching nine years of service to the Investec Group.
Accordingly, Khumo will be stepping down from the Boards of Investec Limited and Investec plc (the
Boards) and the Board of Investec Bank Limited at the annual general meeting to be held 03 August
2023. Philip Hourquebie will become Chairman of Investec Bank Limited at that time.

Zarina Bassa will reach nine years of service to the Investec Group in November 2023 and will step
down from the Boards and the Board of Investec Bank Limited at the annual general meeting to be held
on 08 August 2024. We will confirm Zarina’s successor at the conclusion of our ongoing selection
process.

The Board wishes to thank Khumo and Zarina for their support and contribution.


Johannesburg


By order of the board
N van Wyk
Company Secretary
18 May 2023

For further information
Registered office
100 Grayston Drive
Sandown, Sandton, 2196

Company Secretary
N van Wyk

Debt Sponsor:
Investec Bank Limited

Date: 18-05-2023 08:05:00
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.