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Investor Presentaiton

Investec Limited: sound capital ratios in excess of internal and regulatory minimums 21 CET1 CET1 buffer to regulatory minimum 16% 14% 16% 14.0% 14% 14.0% 12.2% CET1 at 31 March 2022 12% 10.2% 10.5% 10.9% 12% 6.00% 10% 10% 8% 8% 8.0% 0.50% Min. CET1 requirement 6% 6% 2.5% 0.50% 4% 4% 2% 4.50% 2% 0% 0% 31-Mar-18 31-Mar-19 31-Mar-20 31-Mar-21 31-Mar-22 Standardised ■FIRB Increased AIRB • • Effective 1 April 2019, the Foundation Internal Ratings-Based ('FIRB') measurement of credit capital was adopted resulting in lower RWA density and a positive impact on Investec Limited's capital ratios. On FIRB adoption, the pro-forma CET1 ratio uplift was 110bps Effective 1 April 2021, approval was received to adopt the advanced internal ratings based (AIRB) approach for the SME and Corporate models (Increased AIRB scope). On Increased AIRB scope adoption, the pro-forma CET1 ratio uplift was 60bps In the financial year ending 31 March 2022, Investec Limited made progress in the application to adopt AIRB for the measurement of capital on certain portfolios currently on the FIRB approach. On full adoption of AIRB, the pro-forma CET1 ratio is expected to increase by 200bps at 31 March 2022 ■ Pillar 1 ■Pillar 2A CCB ■D-SIB ■Buffer to reg minimum • Under our current capital requirements, Investec Limited's CET1 regulatory minimum is 8%. Our CET1 ratio was 14.0% at 31 March 2022, providing a 6.0% surplus relative to the current regulatory minimum after buffers
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