Finalisation announcement regarding the proposed change of name of the company RAND MERCHANT INVESTMENT HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2010/005770/06) Share code: RMI ISIN: ZAE000210688 (“RMI” or “the company”) FINALISATION ANNOUNCEMENT REGARDING THE PROPOSED CHANGE OF NAME OF THE COMPANY Shareholders are referred to the company’s results of annual general meeting announcement which was released on the Stock Exchange News Service on 8 November 2022 wherein shareholders were advised of the approval of special resolution number 7 and special resolution number 8, as set out in the notice of annual general meeting, proposed at the annual general meeting. The company received confirmation from the Companies and Intellectual Property Commission of the registration of special resolution number 7 and special resolution number 8 for the change of name. The name of the company will change from “Rand Merchant Investment Holdings Limited” to “OUTsurance Group Limited” under the abbreviated name “OUTsure”, new JSE share code “OUT” and new ISIN ZAE000314084 from the commencement of trading on Wednesday, 7 December 2022. RMI will retain its shareholder register including its trading history. Following the September quarterly FTSE sector classification reviews, the JSE advised that RMI has been reclassified from the “Diversified Financial Services” subsector to the “Full Line Insurance” subsector. The final salient dates and times relating to the change of name are as follows: 2022 Last day to trade under the old name “Rand Merchant Investment Holdings Tuesday, 6 December Limited” Termination of trading under the name of “Rand Merchant Investment Wednesday, 7 December Holdings Limited” and commencement of trading under the new JSE share code “OUT”, abbreviated name “OUTsure” and new ISIN “ZAE000314084” from commencement of trade on Record date for the change of name Friday, 9 December Date for forms of surrender (pink) to be submitted to the transfer Friday, 9 December secretaries by 12:00 on Date that dematerialised shareholders’ accounts will be updated to reflect Monday, 12 December the change of name by their CSDP/Broker Date that previously certificated shareholders will have their entitlements Monday, 12 December credited to their account with Computershare Nominees Notes: 1. Shareholders will not be able to dematerialise or rematerialise securities in the name of RMI after Tuesday, 6 December 2022. Shareholders will be able to dematerialise or rematerialise securities in the name of OUTsurance Group Limited from Monday, 12 December 2022. 2. All dates and times indicated above are South African Standard Time. Rosebank 28 November 2022 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 28-11-2022 10:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.