Notice to holders of flexible investment notes (NOTES) (“FNIB23”)
INVESTEC BANK LIMITED
INVESTMENT PROFILE No. 1: Stoxx Global Select Dividend 100 Autocall (FNIB23)
Initial Valuation Date 27 October 2025
Final Valuation Date 4 November 2030
Call/Put/Other Call
Style Bermudan
Reference Asset
Reference Asset
Bloomberg Code Weight Initial Reference Level
Name
Stoxx Global Select SDGP Index 100.0% 3 343.85
Dividend 100
THE NOTES:
Cover Ratio 1:1
Scheduled Redemption
30 October 2045
Date
Issue Size 60,000
JSE Code FNIB23
ISIN Code ZAE000354627
Notice to holders of flexible investment notes (NOTES) (“FNIB23”)
Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the automatic Exercise on 3
November 2026
The Investment Return Amount for each Flexible Investment Note for the Calculation Period ending on 3 November 2026 is R1,140.00.
The Investment Return Amount R1,140.00
The Flexible Investment Notes of the Non-Accepting Holders will be redeemed on the Early Redemption Date, for an amount equal to
the Investment Return Amount of those Flexible Investment Notes.
The Flexible Investment Notes of the Accepting Holders will not be redeemed on the Early Redemption Date.
The Subsequent Period Investment Return for the relevant Subsequent Calculation Period (Investment Profile No.2) will be calculated
on an amount equal to the Investment Return Amount. [R1,140.00 per Flexible Investment Note].
For Non-Accepting Holder, Cash Settlement Amount is determined as follows:
Condition for Exercise Closing level of the Reference Asset on 3 November 2026 is greater
than the Initial Reference Asset Level
Investment Return Amount per Note R1,140.00
Last Date to Trade Monday,26 October, 2026
Record Date Thursday, 29 October, 2026
Removal From Listing (Non-Accepting
Wednesday, 11 November 2026
holders)
Updated announcement including the cash
Wednesday, 4 November, 2026
settlement rate
Cash Settlement Date (Non-Accepting
Tuesday, 10 November, 2026
Holders only)
For any Accepting Holder, the relevant Updated Pricing Supplement for the Flexible Investment Notes can be accessed on the Issuer’s
website.
Date: 5 November 2026
Copies of Note 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: 05/11/2026 10:45:00
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