OLD MUTUAL LIFE ASSURANCE COMPANY (SOUTH AFRICA) LIMITED Registration number 1999/004643/06 JSE alpha code: OLDM (“OMLACSA”) OLD MUTUAL’S BULA TSELA BROAD-BASED BLACK ECONOMIC EMPOWERMENT TRANSACTION OMLACSA hereby notifies its debt investors that Old Mutual Limited (“Old Mutual”) has released an announcement for its Bula Tsela broad-based black economic empowerment ownership transaction in Old Mutual. Old Mutual is the guarantor of OMLACSA’s OML11, OML12, OML13, OML14 and OML15 debt instruments. The announcement is available on Old Mutual’s website at https://www.oldmutual.com/investor-relations/debt- investors. 4 November 2022 Debt Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited