Enhanced Investments - Financial Portal

No change statement

Published: 2023-03-24 10:10:19 ET

Old Mutual Limited
Incorporated in the Republic of South Africa
Registration number: 2017/235138/06
ISIN: ZAE000255360
LEI: 213800MON84ZWWPQCN47
JSE alpha code: OMLI
("Old Mutual" or "OM" or "the Company" or "the Group")

Ref: 17/23

24 March 2023

NO CHANGE STATEMENT

Further to the release on the Stock Exchange News Service ("SENS") of the Group's annual results and the publication of the
reviewed condensed financial statements for the year ended 31 December 2022 ("FY2022") on Tuesday, 14 March 2023,
noteholders are advised that the audited annual financial statements have been released and have been audited by Ernst &
Young Inc and Deloitte & Touche, who expressed an unmodified opinion thereon.


The audited annual financial statements contain no modifications to the reviewed preliminary annual results and reviewed
condensed financial statements published on 14 March 2023 except for an adjustment which resulted in an increase in total
assets and a corresponding increase in total liabilities, totalling R2.5 billion, in the consolidated statement of financial position
relating to the consolidation of investment funds. This adjustment had no impact on the net asset value, profit after tax for the
financial year, total comprehensive income for the financial year, adjusted headline earnings, consolidated statement of cash
flows or any other key performance indicator previously published.

The Old Mutual Limited audited annual financial statements containing the audit opinion, including key audit matters, can be
obtained on the Company's website via the link https://www.oldmutual.com/investor-relations/reporting-centre/results and for
inspection at Mutualpark, Jan Smuts Drive, Pinelands, Cape Town.

The audited annual financial statements contain a restatement to the cash flow statement for the year ended 31 December 2021
relating to cash flows from investing activities, resulting in a net increase in cash and cash equivalents and total cash and cash
equivalents as fully set out in the notes to the audited annual financial statements.


JSE debt sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited



Enquiries
Investor Relations
Bonga Mriga
M: +27 67 866 6348
Interim: Head of Investor Relations
E: bmriga@oldmutual.com

Communications
Vuyo Mtawa
M: +27 68 422 8125
Head: Group Communications
E: vmtawa@oldmutual.com

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.