Old Mutual Limited
Incorporated in the Republic of South Africa
Registration number: 2017/235138/06
ISIN: ZAE000255360
LEI: 213800MON84ZWWPQCN47
JSE Share Code: OMU
LSE Share Code: OMU
NSX Share Code: OMM
MSE Share Code: OMU
ZSE Share Code: OMU
("Old Mutual" or “the Company”)




Ref 25/23
31 March 2023


DEALINGS IN SECURITIES ON BEHALF OF EMPLOYEE SHARE INCENTIVE SCHEME


In compliance with the Listings Requirements of JSE Limited the following information is provided in
respect of trading by various employee incentive schemes:


                              Old Mutual Limited Broad-Based Black Economic
 Name of the Trust
                              Empowerment Employee Trust
 Class of security            Old Mutual Limited ordinary shares
                              Purchase of Old Mutual Limited ordinary shares in a hedging
 Nature of transactions
                              transaction in respect of the ESOP and LTIP awards.
 Type of trade                On-market
 Date of transaction          28-Mar-23
 Number of shares             2 035 228
 Price per share              R11.7000
 Value                        R23 812 167.60


                              Old Mutual Limited Broad-Based Black Economic
 Name of the Trust
                              Empowerment Employee Trust
 Class of security            Old Mutual Limited ordinary shares
                              Purchase of Old Mutual Limited ordinary shares in a hedging
 Nature of transactions
                              transaction in respect of the ESOP and LTIP awards.
 Type of trade                On-market
 Date of transaction          28-Mar-23
 Number of shares             2 035 228
 Price per share              R11.6767
Value                    R23 764 746.79


                         Old Mutual Limited Broad-Based Black Economic
Name of the Trust
                         Empowerment Employee Trust
Class of security        Old Mutual Limited ordinary shares
                         Purchase of Old Mutual Limited ordinary shares in a hedging
Nature of transactions
                         transaction in respect of the ESOP and LTIP awards.
Type of trade            On-market
Date of transaction      28-Mar-23
Number of shares         514 405
Price per share          R11.6719
Value                    R6 004 083.72


Name of the Trust        Old Mutual Limited Employee Trust

Class of security        Old Mutual Limited ordinary shares
                         Purchase of Old Mutual Limited ordinary shares in a hedging
Nature of transactions
                         transaction in respect of the ESOP and LTIP awards.
Type of trade            On-market
Date of transaction      28-Mar-23
Number of shares         964 772
Price per share          R11.7000
Value                    R11 287 832.40


Name of the Trust        Old Mutual Limited Employee Trust

Class of security        Old Mutual Limited ordinary shares
                         Purchase of Old Mutual Limited ordinary shares in a hedging
Nature of transactions
                         transaction in respect of the ESOP and LTIP awards.
Type of trade            On-market
Date of transaction      28-Mar-23
Number of shares         964 772
Price per share          R11.6767
Value                    R11 265 353.21


Name of the Trust        Old Mutual Limited Employee Trust

Class of security        Old Mutual Limited ordinary shares
                         Purchase of Old Mutual Limited ordinary shares in a hedging
Nature of transactions
                         transaction in respect of the ESOP and LTIP awards.
Type of trade            On-market
Date of transaction      28-Mar-23
Number of shares         243 846
Price per share          R11.6719
Value                    R2 846 146.13


                         Old Mutual Insure Broad-Based Black Economic
Name of the Trust
                         Empowerment Employee Trust
Class of security        Old Mutual Limited ordinary shares
                         Purchase of Old Mutual Limited ordinary shares in a hedging
Nature of transactions
                         transaction in respect of the ESOP and LTIP awards.
Type of trade            On-market
Date of transaction      28-Mar-23
Number of shares         1 393 608
Price per share          R11.6826
Value                    R16 280 964.82


Name of the Trust        Old Mutual Insure Employee Trust

Class of security        Old Mutual Limited ordinary shares
                         Purchase of Old Mutual Limited ordinary shares in a hedging
Nature of transactions
                         transaction in respect of the ESOP and LTIP awards.
Type of trade            On-market
Date of transaction      28-Mar-23
Number of shares         1 189 185
Price per share          R11.6826
Value                    R 13 892 772.68


                         Old Mutual Limited Broad-Based Black Economic
Name of the Trust
                         Empowerment Employee Trust
Class of security        Old Mutual Limited ordinary shares
                         Purchase of Old Mutual Limited ordinary shares in a hedging
Nature of transactions
                         transaction in respect of the ESOP and LTIP awards.
Type of trade            On-market
Date of transaction      29-Mar-23
Number of shares         828 253
Price per share          R11.7445
Value                    R9 727 417.36


                         Old Mutual Limited Broad-Based Black Economic
Name of the Trust
                         Empowerment Employee Trust
Class of security        Old Mutual Limited ordinary shares
                         Purchase of Old Mutual Limited ordinary shares in a hedging
Nature of transactions
                         transaction in respect of the ESOP and LTIP awards.
Type of trade            On-market
Date of transaction      29-Mar-23
Number of shares         508 807
Price per share          R11.7300
Value                    R5 968 306.11


Name of the Trust        Old Mutual Limited Employee Trust

Class of security        Old Mutual Limited ordinary shares
                         Purchase of Old Mutual Limited ordinary shares in a hedging
Nature of transactions
                         transaction in respect of the ESOP and LTIP awards.
Type of trade            On-market
Date of transaction      29-Mar-23
Number of shares         241 193
Price per share          R11.7300
Value                    R2 829 193.89


Name of the Trust        Old Mutual Limited Employee Trust

Class of security        Old Mutual Limited ordinary shares
                         Purchase of Old Mutual Limited ordinary shares in a hedging
Nature of transactions
                         transaction in respect of the ESOP and LTIP awards.
Type of trade            On-market
Date of transaction      29-Mar-23
Number of shares         392 621
Price per share          R11.7445
Value                    R4 611 137.33


                         Old Mutual Insure Broad-Based Black Economic
Name of the Trust
                         Empowerment Employee Trust
Class of security        Old Mutual Limited ordinary shares
                         Purchase of Old Mutual Limited ordinary shares in a hedging
Nature of transactions
                         transaction in respect of the ESOP and LTIP awards.
Type of trade            On-market
Date of transaction      29-Mar-23
Number of shares         1 386 914
Price per share          R11.7400
Value                    R16 280 983.45
 Name of the Trust             Old Mutual Insure Employee Trust

 Class of security             Old Mutual Limited ordinary shares
                               Purchase of Old Mutual Limited ordinary shares in a hedging
 Nature of transactions
                               transaction in respect of the ESOP and LTIP awards.
 Type of trade                 On-market
 Date of transaction           29-Mar-23
 Number of shares              1 183 485
 Price per share               R11.7400
 Value                         R 13 892 930.42


Clearance to deal in accordance with paragraph 3.66 of the Listings Requirements was obtained.


Sandton


Sponsors

 Johannesburg Stock Exchange                Merrill Lynch South Africa (Pty) Limited ta BofA Securities
 Malawi Stock Exchange                      Stockbrokers Malawi Limited
 Namibia Stock Exchange                     PSG Wealth Management (Namibia) (Proprietary) Limited
 Zimbabwe Stock Exchange                    Imara Capital Zimbabwe plc


Enquiries
 Investor Relations
 Bonga Mriga                                M: +27 (0)67 866 6348
 Interim Head: Investor Relations           E: bmriga@oldmutual.com


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


About Old Mutual Limited
Old Mutual is a premium African financial services group that offers a broad spectrum of financial
solutions to retail and corporate customers across key market segments in 14 countries. Old Mutual's
primary operations are in South Africa and the Africa Regions, and it has a niche business in Asia. With
over 177 years of heritage across sub-Saharan Africa, Old Mutual is a crucial part of the communities
they serve and the broader society on the continent.


For further information on Old Mutual, and its underlying businesses, please visit the corporate
website at www.oldmutual.com.