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Investec Group (ITCFY) Q2 2026 Sales Call Transcript

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Operator

Good day, ladies and gentlemen, and welcome to the Investec Pre-Close Conference Call. [Operator Instructions] Please note that this event is being recorded.

I will now hand you over to Mr. Fani Titi. Please go ahead sir.

Fani Titi
Group CEO & Executive Director

Thank you, Judith, and good morning, all. Thank you for joining us for our pre-close trading update. This update reflects the financial performance for the 5 months ended 31 August 2025, and the expected results for the 6 months to 30 September 2025. I’m joined this morning by Nishlan Samujh, our Group Finance Director; Ruth Leas, the Chief Executive of our U.K. business; and Cumesh Moodliar, the Chief Executive of our South African business.

The group’s results for the first half of the financial year is expected to be in line with the prior period. Our solid performance and strong capital generation has enabled us to continue supporting our clients, accelerate investment in identified growth initiatives and navigate the uncertain environment.

The group continued to make progress on our strategic objectives in a challenging macroeconomic backdrop. We are on track with our strategy to build scale, leverage existing client franchises and execute plans to enhance our proposition. As part of ongoing capital management, the group commenced the share buyback program announced in May this year, repurchasing approximately ZAR 1.1 billion or circa GBP

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