Ninety One Limited Ninety One plc Incorporated in the Republic of South Africa Incorporated in England and Wales Registration number 2019/526481/06 Registration number 12245293 JSE share code: NY1 LSE share code: N91 ISIN: ZAE000282356 JSE share code: N91 ISIN: GB00BJHPLV88 Ninety One plc and Ninety One Limited (companies operating under a Dual Listed Companies structure (“DLC”)) announce that Forty Two Point Two has increased its shareholding in Ninety One plc to 30.021748%, as set out below. In accordance with the operating conditions attached to the DLC, Forty Two Point Two’s aggregate shareholding in the combined Ninety One plc and Ninety One Limited, following this announcement, is 25.633169% as calculated on a joint electorate basis. Shareholders should note that the UK Takeover Panel has confirmed that, for the purposes of the Rule 9.1 mandatory offer threshold, voting rights will be considered on a joint electorate basis. TR-1: Standard form for notification of major holdings 1. Issuer Details ISIN GB00BJHPLV88 Issuer Name NINETY ONE PLC UK or Non-UK Issuer UK 2. Reason for Notification An acquisition or disposal of voting rights 3. Details of person subject to the notification obligation Name Forty Two Point Two City of registered office (if applicable) Ebene Country of registered office (if applicable) Mauritius 4. Details of the shareholder Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above City of registered office (if applicable) Country of registered office (if applicable) 5. Date on which the threshold was crossed or reached 13 March 2023 6. Date on which Issuer notified 13 March 2023 7. Total positions of person(s) subject to the notification obligation % of voting % of voting rights through Total number of rights attached financial Total of both in . to shares (total instruments % (8.A + 8.B) voting rights held in issuer of 8.A) (total of 8.B 1 + 8.B 2) Resulting situation on the date on which 30.021748 0.000000 30.021748 186,922,794 threshold was crossed or reached Position of previous 29.042900 0.000000 29.042900 180,828,224 notification (if applicable) 8. Notified details of the resulting situation on the date on which the threshold was crossed or reached 8A. Voting rights attached to shares Number of Class/Type of % of indirect Number of direct indirect voting % of direct voting shares ISIN voting rights voting rights (DTR5.1) rights rights (DTR5.1) code(if possible) (DTR5.2.1) (DTR5.2.1) GB00BJHPLV88 186,922,794 30.021748 Sub Total 8.A 186,922,794 30.021748% 8B1. Financial Instruments according to (DTR5.3.1R.(1) (a)) Number of voting rights that % of Type of financial Expiration Exercise/conversion may be acquired if the voting instrument date period instrument is rights exercised/converted Sub Total 8.B1 8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b)) Type of % of Expiration Exercise/conversion Physical or cash Number of financial voting date period settlement voting rights instrument rights Sub Total 8.B2 9. Information in relation to the person subject to the notification obligation 1. Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer. % of voting % of voting rights Total of both if it Name of rights if it equals through financial equals or is Ultimate controlled or is higher than instruments if it equals higher than the controlling person undertaking the notifiable or is higher than the notifiable threshold notifiable threshold threshold 10. In case of proxy voting Name of the proxy holder The number and % of voting rights held The date until which the voting rights will be held 11. Additional Information 12. Date of Completion 13 March 2023 13. Place Of Completion London Date of release: 14 March 2023 JSE Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd