Non-Executive Director Change

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

Accordingly, we advise of the following:

Non-Executive Director Change

In accordance with Section 3.59 of the JSE Listings Requirements and Rule 9.6.11 of the FCA Listing Rules, the Board is pleased to announce the appointment, with immediate effect, of Louisa Stephens as an independent non-executive director of the Board.

Louisa Stephens is a qualified Chartered Accountant (SA) and Chartered Director (SA) with extensive experience in investment management and corporate governance. She has served in executive roles at Circle Capital Ventures and Nozala Investments; and has held non-executive directorships across a range of listed and unlisted companies, including Netcare, MultiChoice Group, and Royal Bafokeng Platinum. Save for the directorships listed in the notes, there are no further details required to be disclosed by Rule 9.6.13 of the UK Listing Rules.

The Board congratulates Louisa on her appointment as a non-executive director of the Board and looks forward to working with her in the coming years.

London and Johannesburg

21 August 2025

Sponsor

Investec Bank Limited

Notes:

Current directorships: Louisa Stephens

1.   Multichoice Group Limited

2.   Netcare Limited

3.   Strate Proprietary Limited

About Investec

Investec partners with private, institutional, and corporate clients, offering international banking, investments, and wealth management services in two principal markets, South Africa and the UK. The Group was established in 1974 and currently has 7,800+ employees. Investec has a dual listed company structure with primary listings on the London and Johannesburg Stock Exchanges.