OLD MUTUAL LIFE ASSURANCE CO SA LIMITED - New financial instrument listing

New financial instrument listing

OLD MUTUAL LIFE ASSURANCE COMPANY (SOUTH AFRICA) LIMITED
Registration number 1999/004643/06
JSE alpha code: OLDM
(“OMLACSA”)

NEW FINANCIAL INSTRUMENT LISTING

The JSE Limited has granted a listing to OMLACSA of its unsecured subordinated floating rate note in
terms of its R25,000,000,000 Note Programme (“the Programme”), as guaranteed by Old Mutual
Limited, dated 13 December 2022.

New Instrument                                     OML16
Authorised programme size:                         R25,000,000,000.00
Total amount in issue after this issuance:         R9 742 000 000
Instrument type:                                   Unsecured Subordinated Floating Rate Notes
Bond code:                                         OML16
Nominal issued:                                    R859,000,000.00
Issue price:                                       100%
Coupon rate:                                       9.583% (3 month JIBAR as at 18 May 2023 of 8.083%
                                                   plus 150 bps)
Coupon rate indicator:                             Floating
Trade type:                                        Price
Final maturity date:                               23 May 2028
Books close dates:                                 13 February to 22 February, 13 May to 22 May, 13
                                                   August to 22 August and 13 November to 22
                                                   November
Interest payment dates:                            23 February, 23 May, 23 August, and 23 November
Last day to register:                              By 17:00 on 12 February, 12 May, 12 August, and 12
                                                   November
Issue date:                                        23 May 2023
Date convention:                                   Following business day
Interest commencement date:                        23 May 2023
First interest payment date:                       23 August 2023
ISIN:                                              ZAG000195983
Additional information:                            Unsecured subordinated floating rate note

The Applicable Pricing Supplement is available at:
https://www.oldmutual.com/investor-relations/debt-investors

The note relating to the new financial instrument (“Note”) will be dematerialised in the Central Securities
Depository (“CSD”) and settlement will take place electronically in terms of JSE Rules.

Menique Botha                                      +27 (10) 234 8720

22 May 2023
Debt Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 22-05-2023 03:30:00
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