OLD MUTUAL LIMITED - Finalisation Announcement and Dividend Currency Equivalents

Finalisation Announcement and Dividend Currency Equivalents

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



Ref 51/23


03 October 2023


FINALISATION ANNOUNCEMENT AND DIVIDEND CURRENCY EQUIVALENTS

Shareholders are referred to Old Mutual’s Results announcement dated 27 September 2023, wherein the company
declared a final dividend of 32 cents per share. The number of ordinary shares in issue in the Company’s share register
at the date of declaration was 4,824,151,690. The dividend will be payable to all shareholders (except for Old Mutual
Limited shareholders on the London Stock Exchange (LSE)) on 23 October 2023. The dividend payment date for Old
Mutual Limited shareholders on the LSE is 17 November 2023.


The dividend of 32 cents per ordinary share will be subject to a local dividend tax rate of 20% which will result in a net
final dividend, to those shareholders who are not exempt from paying dividend tax, of 25.60000 cents per ordinary share.
Shareholders who are not exempt or are not subject to a reduced rate in terms of a double taxation agreement, will be
subject to a dividend withholding tax at a rate of 20%.


Shareholders on the London, Malawian, Namibian and Zimbabwean registers will be paid in the local currency
equivalents of the interim dividend. Distributions made through the dividend access trust or similar arrangements
established in a country will not be subject to South African withholding tax but may be subject to withholding tax in the
relevant country. We recommend that you consult with your tax advisor regarding the in-country withholding tax
consequences.


The local currency equivalents of the final dividend have been established as follows:
 Malawi                                            18.52615    Malawian kwacha per share
 Namibia                                           32.00000    Namibian cents per share
 United Kingdom                                     1.38141    GBP pence per share
 Zimbabwe                                       9039.54802     RTGS cents per share


The local currency equivalents have been calculated using the following exchange rates:
 Malawi                                            57.89422    Malawian kwacha per Rand
 Namibia                                            1.00000    Namibian cents per Rand
 United Kingdom                                    23.16470    Rand per Pound sterling
 Zimbabwe                                           0.00354    Rand per RTGS dollar


The timetable released on the Stock Exchange News Service on 27 September 2023 remains unchanged.
Sponsors
 JSE                                  Merrill Lynch South Africa (Proprietary) Limited t/a BofA Securities
 Malawi                               Stockbrokers Malawi Limited
 Namibia                              PSG Wealth Management (Namibia) (Proprietary) Limited
 Zimbabwe                             Imara Capital Zimbabwe plc



Enquiries

 Investor Relations:
                                      M: +27 (0)82 295 9840
 Langa Manqele
                                      E: investorrelations@oldmutual.com

 Communications:
 Tabby Tsengiwe                       M: +27 (0)60 547 4947
                                      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 China. 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 Limited
and its underlying businesses, please visit the corporate website at www.oldmutual.com.

Date: 03-10-2023 10:00:00
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