Investec : Results of Annual General Meetings of Investec Limited and Investec plc

Investec Limited	Investec plc
Incorporated in the Republic of South Africa	Incorporated in England and Wales
Registration number 1925/002833/06	Registration number 3633621
JSE share code: INL	LSE share code: INVP
JSE Hybrid code: INPR	JSE share code: INP
JSE debt code: INLV	ISIN: GB00B17BBQ50
NSX share code: IVD	LEI: 2138007Z3U5GWDN3MY22
BSE share code: INVESTEC
ISIN: ZAE000081949
LEI: 213800CU7SM6O4UWOZ70
	(jointly "Investec")

As part of the dual listed company structure, Investec plc and Investec Limited 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:

Results of Annual General Meetings of Investec Limited and Investec plc

(the "AGMs")

The AGMs were held on 04 August 2022. As required by the dual listed company structure, all resolutions were treated as Joint Electorate Actions and were decided on a poll. All resolutions at both meetings were passed by the required majority. Resolutions 1 to 18, 20 to 27 and 33 to 39 were passed as ordinary resolutions. Resolutions 28 to 32 and resolutions 40 and 41 were passed as special resolutions.

The voting results of the Joint Electorate Actions are identical and are given below:

									Total		Votes
									Votes
										Withheld
									Cast as
					% of		% of			as a % of
					Votes	Total Votes	a % of	Votes
	Resolution		Votes For	Votes	Votes	the
		Against	Cast	the	Withheld
					Cast	Cast	Ordinary
							Ordinary
										Shares in
									Shares
										Issue
									in Issue
				Common Business: Investec plc and Investec Limited
1	Re-election	of	Henrietta	829,045,446	99.73%	2,209,584	0.27%	831,255,030	82.71%		0.13%
Baldock			1,348,013
2	Re-election	of	Zarina	743,516,999	89.47%	87,545,783	10.53%	831,062,782	82.69%		0.15%
Bassa			1,540,261
3	Re-election	of	Philip	815,683,492	98.13%	15,571,538	1.87%	831,255,030	82.71%		0.13%
Hourquebie			1,348,013
4	Re-election	of	Stephen	755,872,614	90.93%	75,384,331	9.07%	831,256,945	82.71%		0.13%
Koseff			1,346,098
5	Re-election	of	Nicky	828,979,808	99.73%	2,275,361	0.27%	831,255,169	82.71%		0.13%
Newton-King			1,347,874
6	Re-election	of	Jasandra	829,044,528	99.73%	2,210,426	0.27%	831,254,954	82.71%		0.13%
Nyker			1,348,089
7	Re-election	of	Nishlan	822,039,893	98.88%	9,280,975	1.12%	831,320,868	82.72%		0.13%
Samujh			1,282,175
8	Re-election	of	Khumo	751,600,921	90.42%	79,654,033	9.58%	831,254,954	82.71%		0.13%
Shuenyane			1,348,089
9	Re-election	of	Philisiwe	826,137,266	99.38%	5,119,510	0.62%	831,256,776	82.71%		0.13%
Sibiya			1,346,267
10	Re-election	of	Brian	828,982,564	99.73%	2,272,581	0.27%	831,255,145	82.71%		0.13%
Stevenson			1,347,898
11	Re-election of Fani Titi	824,797,440	99.22%	6,457,514	0.78%	831,254,954	82.71%	1,348,089	0.13%
12	Re-election	of	Richard	756,653,105	91.06%	74,242,331	8.94%	830,895,436	82.68%		0.17%
Wainwright			1,707,607
13	Re-election	of	Ciaran	756,587,358	91.06%	74,308,147	8.94%	830,895,505	82.68%		0.17%
Whelan			1,707,561
14	Election of Vanessa Olver	830,916,539	99.96%	337,542	0.04%	831,254,081	82.71%	1,348,962	0.13%
	Approval of	the DLC
15	directors'	remuneration	815,109,095	98.05%	16,173,486	1.95%	831,282,581	82.72%		0.13%
report for the year ended 31	1,320,584
	March 2022

	Approval of an amendment
16	to the	DLC	directors'	829,497,737	99.79%	1,769,898	0.21%		831,267,635	82.71%	1,335,530	0.13%
	remuneration policy
	Approval	of	the DLC
17	directors'	remuneration	748,162,235	90.00%	83,105,034	10.00%		831,267,269	82.71%	1,335,896	0.13%
	policy
18	Authority to take action in	831,247,791	100.00%	30,176	0.00%		831,277,967	82.72%		0.13%
respect of the resolutions		1,325,076
					Ordinary business: Investec Limited
	Presentation of the audited
19	financial statements for the				Non-voting
	year ended 31 March 2022
	Sanction of the interim
20	dividend paid on the	831,312,803	100.00%	10,366	0.00%		831,323,169	82.72%	1,279,746	0.13%
	ordinary shares
	Sanction of the interim
21	dividend paid on the SA	831,312,186	100.00%	10,545	0.00%		831,322,731	82.72%	1,280,184	0.13%
	DAS share
	Approval of the final
22	dividend on the ordinary	824,476,767	99.18%	6,846,145	0.82%		831,322,912	82.72%		0.13%
shares and the SA DAS		1,280,003
	share
23	Re-appointment of Ernst &	802,682,841	96.56%	28,638,612	3.44%		831,321,453	82.72%		0.13%
Young Inc. as joint auditors		1,281,340
24	Re-appointment of KPMG	749,475,270	90.15%	81,843,639	9.85%		831,318,909	82.72%		0.13%
Inc. as joint auditors		1,283,884
25	Appointment of PwC Inc. in	831,070,874	99.97%	248,115	0.03%		831,318,989	82.72%	1,283,804	0.13%
a shadow capacity
					Special business: Investec Limited
	Authority to issue the
	unissued variable rate,
	redeemable, cumulative
	preference shares; the
	unissued non-redeemable,
	non-cumulative, non-
	participating preference
	shares (perpetual
	preference shares); the
	unissued non-
26	redeemable, non-	759,132,617	91.32%	72,187,344	8.68%		831,319,961	82.72%	1,283,082	0.13%
	cumulative, non-
	participating preference
	shares (non-redeemable
	programme preference
	shares); and the
	redeemable, non-
	participating preference
	shares (redeemable
	programme preference
	shares)
	Authority to issue the
27	unissued special		826,470,956	99.51%	4,066,945	0.49%		830,537,901	82.64%	2,065,142	0.21%
convertible redeemable
	preference shares
28	Authority to acquire	814,657,864	98.25%	14,518,368	1.75%		829,176,232	82.51%	3,426,811	0.34%
ordinary shares
	Authority to acquire any
	redeemable, non-
	participating preference
29	shares and non-		826,213,961	99.55%	3,739,966	0.45%		829,953,927	82.58%	2,649,139	0.26%
redeemable, non-
	cumulative, non-
	participating preference
	shares
30	Financial assistance	821,054,159	98.81%	9,870,587	1.19%		830,924,746	82.68%	1,378,297	0.14%
	Approval of the non-
31	executive directors'	821,701,968	98.85%	9,564,770	1.15%		831,266,738	82.71%	1,336,255	0.13%
	remuneration
	Amendment to the
32	Investec Limited		831,167,401	99.98%	150,106	0.02%		831,317,507	82.72%	1,285,536	0.13%
Memorandum of
	Incorporation
					Ordinary Business: Investec plc

	Receive the audited
33	financial statements for the	823,810,334	99.65%	2,873,934	0.35%	826,684,268	82.26%	5,918,897	0.59%
	year ended 31 March 2022
	Sanction of the interim
34	dividend paid on the	827,796,409	99.66%	2,784,294	0.34%	830,580,703	82.65%	2,022,462	0.20%
	ordinary shares
	Approval of the final
35	dividend on the ordinary	830,404,637	99.98%	175,944	0.02%	830,580,581	82.65%	2,022,462	0.20%
	shares
36	Re-appointment of Ernst &	810,333,615	97.57%	20,222,954	2.43%	830,556,569	82.64%	2,022,475	0.20%
Young LLP as auditors
	Authority for the Investec
37	plc Audit Committee to set	829,720,264	99.90%	817,299	0.10%	830,537,563	82.64%	2,064,420	0.21%
the remuneration of the
	company's auditors
38	Political donations	585,512,274	70.50%	244,965,122	29.50%	830,477,396	82.64%	2,125,769	0.21%
			Special Business: Investec plc
39	Authority to allot shares	818,168,135	98.60%	11,624,083	1.40%	829,792,218	82.57%	2,810,825	0.28%
and other securities
40	Authority to purchase	828,318,137	99.99%	114,321	0.01%	828,432,458	82.43%	4,170,585	0.41%
ordinary shares
41	Authority to purchase	824,632,520	99.86%	1,150,315	0.14%	825,782,835	82.17%	4,713,816	0.47%
preference shares

The Board notes that at today's AGMs the following resolution passed with a less than 80% majority: resolution 38 (political donations).

Commenting on the less than 80% vote received for authority to make political donations and to incur political expenditure

As set out in the notices to the AGMs, Investec plc does not give any money for political purposes in the UK nor does it make any donations to UK political organisations or incur UK political expenditure. However, the definitions of political donations and political expenditure used in the UK Companies Act 2006 are very wide. In line with UK market practice, the authority is therefore requested only as a precautionary measure to ensure that Investec plc and any company which is or becomes a subsidiary of Investec plc does not inadvertently breach the relevant provisions of the UK Companies Act.

Other information

As at the date of the AGMs, Investec plc's issued capital consists of 696,082,618 ordinary shares of GBP0.0002 each and Investec Limited's issued capital consists of 308,907,870 ordinary shares of ZAR0.0002 each. In accordance with the dual listed companies' structure, the aggregate number of voting rights which may be exercised at the AGMs was 1,004,990,488.

Votes withheld are not votes in law and have not been counted in the calculation of the proportion of votes 'for' or 'against' a resolution. Proxy appointments which gave discretion to the Chair have been included in the 'for' total.

Document regarding Resolutions passed at the Shareholder Meetings on 04 August 2022:

• Copies of all resolutions passed as special business at the Shareholder Meetings on 04 August 2022, pursuant to Listing Rule 9.6.2, will be submitted to the National Storage Mechanism and will shortly be available for inspection athttps://data.fca.org.uk/#/nsm/nationalstoragemechanism

David Miller	Niki van Wyk
Company Secretary	Company Secretary
Investec plc	Investec Limited
Johannesburg and London
Date: 04 August 2022
Sponsor: Investec Bank Limited