OLD MUTUAL INSURE LIMITED - Old Mutuals proposed Bula Tsela Broad-Based Black Economic Empowerment transaction

Old Mutual’s proposed Bula Tsela Broad-Based Black Economic Empowerment transaction

OLD MUTUAL INSURE LIMITED
(Incorporated in the Republic of South Africa)
Registration Number: 1970/006619/06
JSE alpha code: MFEI
 (“Old Mutual Insure”)

OLD MUTUAL’S PROPOSED BULA TSELA BROAD-BASED BLACK ECONOMIC EMPOWERMENT TRANSACTION

Old Mutual Insure hereby notifies its debt investors that Old Mutual Limited (“Old Mutual”) has released an
announcement for a proposed broad-based black economic empowerment ownership transaction in Old
Mutual, resulting in an approximate 4% increase in black shareholding in Old Mutual.

Old Mutual is the ultimate holding company of Old Mutual Insure.

The announcement is available on Old Mutual’s website at https://www.oldmutual.com/investor-
relations/debt-investors.

20 April 2022

Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 20-04-2022 03:11:00
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