Appointment of chairman designate of the group boards and nominations committee MOMENTUM METROPOLITAN HOLDINGS LIMITED Incorporated in the Republic of South Africa Registration number: 2000/031756/06 JSE share code: MTM A2X share code: MTM NSX share code: MMT ISIN code: ZAE000269890 (“MMH”) MOMENTUM METROPOLITAN LIFE LIMITED Incorporated in the Republic of South Africa Registration number: 1904/002186/06 Company code: MMIG (“MML”) (“Momentum Metropolitan” or the “Group”) APPOINTMENT OF CHAIRMAN DESIGNATE OF THE GROUP BOARDS AND NOMINATIONS COMMITTEE In compliance with paragraph 3.59 of the JSE Limited (“JSE”) Listings Requirements and paragraph 6.39 of the JSE Debt Listings Requirements and further to the announcement released on the Stock Exchange News Service on 25 October 2021 in relation to the resignation of Mr Matthews Sello Moloko, the Group is pleased to announce the appointment of Mr Paul Cambo Baloyi as an independent non-executive director of both MMH and MML, Chairman designate of the Group Boards, and member of the Group’s Nominations Committee, with effect from 8 April 2022. Mr Baloyi will take over as Chairman of the MMH and MML Boards, as well as Chairman of the Group’s Nominations Committee, with effect from 1 July 2022, from Mr Peter Cooper, who has been fulfilling these roles in the interim. Mr Baloyi is a seasoned leader with extensive experience in the financial services industry, gained from many years as an executive and board member, both locally and internationally. His experience includes that of board chairman and member of board committees, with core expertise in risk, strategy, corporate governance, corporate finance and financial engineering, and a proven record as a leader in diverse and complex organisations. An MBA graduate from Bangor University, United Kingdom, Mr Baloyi also completed various business courses, including an advanced management program from Insead and a senior executive program from Harvard. These appointments are made in accordance with the Group Nomination and Evaluation of Directors Policy and have been approved by the Prudential Authority. The Boards welcome Mr Baloyi and look forward to his leadership. By order of the Boards. Centurion 11 April 2022 Equity Sponsor Merrill Lynch South Africa (Pty) Limited t/a BofA Securities Debt Sponsor Rand Merchant Bank (a division of FirstRand Bank Limited) Sponsor in Namibia Simonis Storm Securities (Pty) Limited Date: 11-04-2022 08:00:00 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.