RNS Number : 0576L

Investec PLC

10 December 2025

Investec Limited Incorporated in the Republic of South Africa Registration number 1925/002833/06 JSE share code: INL JSE hybrid code: INPR JSE debt code: INLV NSX share code: IVD BSE share code: INVESTEC ISIN: ZAE000081949 ISIN: ZAE000063814 LEI: 213800CU7SM6O4UWOZ70   Investec plc Incorporated in England and Wales Registration number 03633621 LSE share code: INVP JSE share code: INP ISIN: GB00B17BBQ50 LEI: 2138007Z3U5GWDN3MY22

As part of the dual listed company structure, Investec plc and Investec Limited notify both the London Stock Exchange and the JSE Limited (the "JSE") of matters which are required to be disclosed under the Disclosure Guidance and Transparency Rules and the Listing Rules of the Financial Conduct Authority (the "FCA") and/or the JSE Listings Requirements.

INVESTEC LIMITED non-redeemable, non-cumulative, non-participating preference shares REPURCHASE

Investec Limited (the "Company") hereby announces the commencement of a repurchase of some of the non-redeemable, non-cumulative, non-participating preference shares ("Preference Shares"), in compliance with paragraph 5.72 of the JSE Listings Requirements. The Company may, in accordance with a resolution passed by the Company's board on 19 November 2025, repurchase up to a maximum of 20% of the Preference Shares in issue as at the date of and pursuant to the current general authority granted by the Company's shareholders on 7 August 2025. The Company has notified the Prudential Authority in writing of the repurchase of the Preference Shares. No Preference Shares will be repurchased from directors of the Company.

The repurchases will commence on 11 December 2025 at the opening of the market and the Company will issue a further announcement once the repurchases, on a cumulative basis, constitute 3% of the Preference Shares in issue or the repurchases have closed. Repurchases will be executed through the order book operated by the JSE by the Company's authorised intermediary without any prior understanding or arrangement between the Company and/or its subsidiaries and the counterparties.  Repurchases will be effected within certain pre-determined price limits with specific reference to the limits of the general authority granted by the Company's shareholders and in compliance with the JSE Listings Requirements.

Preference Shares repurchased will be cancelled and will revert to authorised but unissued share capital status.

The repurchase of the Preference Shares may be discontinued at any stage during the period concerned and there is no obligation on the Company to repurchase any Preference Shares during this period.

Johannesburg

10 December 2025

Sponsor

Investec Bank Limited

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