Old Mutual Share Repurchase Programme Old Mutual Limited Incorporated in the Republic of South Africa Registration number: 2017/235138/06 ISIN: ZAE000255360 LEI: 213800MON84ZWWPQCN47 JSE Share Code: OMU LSE Share Code: OMU NSX Share Code: OMM MSE Share Code: OMU ZSE Share Code: OMU ("Old Mutual" or "Company" or "Group") Ref 54/23 26 October 2023 OLD MUTUAL SHARE REPURCHASE PROGRAMME Shareholders are referred to Old Mutual's SENS announcement dated 30 May 2023, wherein the company announced that it will commence with a Share Repurchase Programme. Old Mutual wishes to confirm that this Share Repurchase Programme was concluded on 16 October 2023, during which time 122,974,063 Old Mutual shares were repurchased. As at today's date the issued share capital of the company is 4,790,906,428. The Share Repurchase Programme was designed with the intention to efficiently unlock long-term incremental value for shareholders. It remained within the percentage (3.5% of issued share capital) approved by shareholders at the Annual General Meeting in May 2023 as well as the value (R1.5 billion) as communicated to shareholders in our SENS announcement dated 14 March 2023. This announcement is also available on the Old Mutual website at www.oldmutual.com. Sandton Sponsors JSE Merrill Lynch South Africa (Proprietary) Limited t/a BofA Securities Malawi Stockbrokers Malawi Limited Namibia PSG Wealth Management (Namibia) (Proprietary) Limited Zimbabwe Imara Capital Zimbabwe plc Enquiries Investor Relations: Langa Manqele M: +27 (0)82 295 9840 E: investorrelations@oldmutual.com Communications: Tabby Tsengiwe M: +27 (0)60 547 4947 E: oldmutualnews@oldmutual.com Notes to Editors About Old Mutual Limited Old Mutual is a premium African financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key market segments in 14 countries. Old Mutual's primary operations are in Africa, and it has a niche business in China. With over 178 years of heritage across sub-Saharan Africa, Old Mutual is a crucial part of the communities it serves as well as broader society on the continent. For further information on Old Mutual Limited and its underlying businesses, please visit the corporate website at www.oldmutual.com. Date: 26-10-2023 05:30:00 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.