Appointment of External Auditors Momentum Metropolitan Holdings Limited (formerly MMI Holdings Limited) Incorporated in the Republic of South Africa Registration number: 2000/031756/06 JSE share code: MTM NSX share code: MMT ISIN code: ZAE000269890 (“Momentum Metropolitan” or the “Group”) Momentum Metropolitan Life Limited (formerly MMI Group Limited) Incorporated in the Republic of South Africa Registration number: 1904/002186/06 Company code: MMIG Appointment of external auditors Shareholders and noteholders (collectively, “securityholders”) are referred to the announcements made on 1 July and 11 September 2019, respectively, regarding the rotation of PricewaterhouseCoopers Inc. as the external auditors of the Group at the conclusion of their audit responsibilities for the year ended 30 June 2019. Securityholders are advised that all the regulatory approvals have been obtained for the appointment of Ernst & Young Inc, as the new external auditors of the Group for the year ending 30 June 2020. The change of external auditors will be tabled for approval by the shareholders at the next annual general meeting. Centurion 25 September 2019 Sponsor in South Africa Merrill Lynch South Africa (Pty) Limited Sponsor in Namibia Simonis Storm Securities (Pty) Limited Debt Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 25/09/2019 10:45:00 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.