INVESTEC BANK LIMITED - Notice of proposed amendment and restatement of the pricing supplement SPIB39

Notice of proposed amendment and restatement of the pricing supplement – SPIB39

INVESTEC BANK LIMITED

NOTICE OF PROPOSED AMENDMENT AND RESTATEMENT OF THE PRICING SUPPLEMENT ISSUED IN
RELATION TO THE ISSUE OF EQUITY STRUCTURED PRODUCTS (NOTES) – SPIB39

 Reference Index                                       Euro Stoxx 50 Index

 Strike Price                                          3,788.93

 Listing Date:                                         24 June 2022

 Expiry Date                                           08 June 2027

 Cover Ratio                                           1:1

 Call/Put                                              Put

 Style                                                 European

 Issue Size                                            3,988

 ISIN                                                  ZAE000311866

 JSE Code                                              SPIB39


The JSE Limited ("JSE"), has given its conditional formal approval for the proposed amendment of the above-
mentioned listed equity structured products Notes on 23 July 2025.

The Issuer hereby advises noteholders of the SPIB39 Notes that it will deliver a written notice to all holders of the
Notes together with a draft resolution and draft amended and restated pricing supplement requesting them to consider
a proposed written resolution to approve the amendment of the Notes.

The Proposed Amendments to the Notes are as follows:
The amendment of the maturity date as specified in the applicable pricing supplement in respect of the Notes to 25
June 2030, the addition of new valuation dates and amendment of the notional amount and change the index details
from the Euro Stoxx 50 Index to the NASDAQ Yewno Global Innovative Technologies Ex Disputable Activities EUR
5% Index. These amendments are accounted for in the calculation of the put strike price as fully detailed in the draft
pricing supplement which will be provided to the Noteholders with the Notice.

The Noteholders will also be requested to consent to the amendment of the CSDP scrip account and CSD account
details and to update certain the terms of the Notes to comply with current JSE listing requirements for specialist
securities and to align with the updated Programme Memorandum (these amendments include the change to the
website details where the Issuer's Programme Memorandum may be found, as well as the update of the Responsibility
Statement and the Material Change Statement).

If approved by the Noteholders by a written resolution, an Amended and Restated Pricing Supplement that reflects the
above amendments will be signed and submitted to the JSE for formal approval and if approved it will be and published
on the Issuer's website, namely.

https://www.investec.com/en_za/intermediary-investing/structured-products/warrants-and-notes.html

Date: 30 July 2025

Copies of the existing pricing supplement may be obtained from:
        Investec Bank Limited
        100 Grayston Drive
        Sandown
        Sandton
        2196

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: 30-07-2025 11:25:00
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