PLC, INL and IBL - Credit rating action by Fitch

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.

In relation to Investec Bank Limited, the JSE and the Cape Town Stock Exchange are notified of matters which are required to be disclosed under the JSE Debt and Specialist Securities Listings Requirements and CTSE Debt Listing Requirements.

Credit Ratings Action by Fitch Ratings

Shareholders and noteholders are referred to the Fitch Ratings (Fitch) press release on 12 June 2026, where Fitch announced an upgrade to Investec Limited's and Investec Bank Limited's Long-Term Issue Default Ratings (IDR) to 'BB' from 'BB-', and viability ratings to 'bb' from 'bb-'. The outlooks on the long-term IDRs are stable.

This follows Fitch's decision to upgrade South Africa's long-term IDRs to 'BB' from 'BB-' on 5 June 2026.

For additional information on the ratings action please see the press release by Fitch: https://www.investec.com/en_za/welcome-to-investec/about-us/investor-relations/credit-ratings.html

For all the latest Investec credit ratings, please refer to our website: https://www.investec.com/en_za/welcome-to-investec/about-us/investor-relations/credit-ratings.html

Johannesburg

17 June 2026

N van Wyk

Company Secretary

Investec Limited

Sponsor and CTSE External Debt Issuer Agent: 

Investec Bank Limited