Update regarding the special dividend OUTSURANCE GROUP LIMITED (Incorporated in the Republic of South Africa) Registration number: 2010/005770/06 ISIN: ZAE000314084 Share code: OUT ("OGL”) UPDATE REGARDING THE SPECIAL DIVIDEND OGL shareholders are referred to the results announcement and cash dividend declaration for the year ended 30 June 2023 released on the Stock Exchange News Service on 15 September 2023 (“Results Announcement”). OGL declared a final cash dividend of 78.0 cents per ordinary share and a special cash dividend of 8.5 cents per ordinary share. Both of these dividends are subject to Dividend Withholding Tax at a rate of 20% for those shareholders who are not exempt. OGL stated in the Results Announcement that the special dividend was subject to South African Reserve Bank approval. OGL shareholders are advised that this approval has not yet been received and that the salient dates in respect of the special dividend as announced in the Results Announcement will be amended if approval is not received today, 26 September 2023. OGL shareholders will be informed regarding the revised dates as soon as approval has been received from the South African Reserve Bank. The dates for the final dividend as announced in the Results Announcement will remain unchanged. Centurion 26 September 2023 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 26-09-2023 10:50:00 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.