Old Mutual Limited Incorporated in the Republic of South Africa Registration number: 2017/235138/06 JSE Alpha Code: OMLI ("Old Mutual" or “Company” or “Group”) Ref 40/24 12 April 2024 CHANGE TO THE BOARD AND INVESTOR ENGAGEMENT Change to the Board of Directors In compliance with paragraph 6.39 of the JSE Debt Listings Requirements, debtholders are advised of the following impending change to the Board of directors of the Company (“the Board”). Albert Essien will reach the maximum tenure on the Board in 2024 and has indicated that he will not be available for re-election. Albert will therefore step down from the Board with effect from the conclusion of the annual general meeting (“AGM”) on Friday, 31 May 2024. The Board would like to express its sincere appreciation to Albert, who has provided invaluable contributions to the Board and the Company during his tenure as director. Investor engagement Old Mutual will publish a voluntary operating update in respect of the first quarter 2024 trading conditions in advance of the AGM. Further details in this regard will be released on SENS. Sandton Debt Sponsor Nedbank Corporate and Investment Banking, a division of Nedbank Limited Enquiries Investor Relations Langa Manqele M: +27 (0)82 295 9840 E: investorrelations@oldmutual.com Communications Wendy Tlou M: +27 (0) 83 301 9663 E: oldmutualnews@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 Africa, and it has a niche business in Asia. With over 178 years of heritage across sub-Saharan Africa, Old Mutual is a crucial part of the communities it serves as well as broader society on the continent. For further information on Old Mutual and its underlying businesses, please visit the corporate website at www.oldmutual.com.