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Dealings in Securities on behalf of Employee Share Incentive Schemes

Old MutualOMUOn SENS Friday 30 October 2026, 17:00 SAST

Directors' dealingsNot material

In brief

Two employee incentive trusts executed six on-market share purchases between 27 October 2026 and 29 October 2026. Tranches ranged from 257,917 to 685,968 shares, at volume-weighted average prices between R14.0800 and R14.2783 per share.

The announcement

Dealings in Securities on behalf of Employee Share Incentive Schemes

Old Mutual Limited
Incorporated in the Republic of South Africa
Registration number: 2017/235138/06
ISIN: ZAE000255360
LEI: 213800MON84ZWWPQCN47
JSE Share Code: OMU
JSE Alpha Code: OMLI
LSE Share Code: OMU
NSX Share Code: OMM
MSE Share Code: OMU
ZSE Share Code: OMU
("Old Mutual" or “the Company”)

Ref: 33/26
30 October 2026

DEALINGS IN SECURITIES ON BEHALF OF EMPLOYEE SHARE INCENTIVE SCHEMES

In accordance with paragraph 6.90 of the JSE Limited Listings Requirements and paragraph 6.45 of the
JSE Debt and Specialist Securities Listings Requirements, shareholders and debtholders are advised of
the dealings in securities of the Company by employee share incentive schemes:

Name of the trust                                        Old Mutual Limited Broad-Based Black
                                                         Economic Empowerment Employee Trust
Company                                                  Old Mutual Limited
Nature of transactions                                   On-market purchase in a hedging transaction
                                                         in respect of the Employee Share Ownership
                                                         Plan and Long-term Incentive Plan awards.
Class of securities                                      Ordinary shares
Date of transaction                                      27 October 2026
Number of securities                                     513 743
Highest traded price per share on the market on the      R14.0800
day
Lowest traded price per share on the market on the day   R14.0500
Volume weighted average price per share                  R14.0800
Total value of the transaction                           R7 233 501.44
Extent of interest                                       Indirect beneficial
Name of the trust                                        Old Mutual Limited Broad-Based Black
                                                         Economic Empowerment Employee Trust
Company                                                  Old Mutual Limited
Nature of transactions                                   On-market purchase in a hedging transaction
                                                         in respect of the Employee Share Ownership
                                                         Plan and Long-term Incentive Plan awards.
Class of securities                                      Ordinary shares
Date of transaction                                      28 October 2026
Number of securities                                     374 988
Highest traded price per share on the market on the      R14.2700
day
Lowest traded price per share on the market on the day   R14.0900
Volume weighted average price per share                  R14.2204
Total value of the transaction                           R5 332 479.36
Extent of interest                                       Indirect beneficial

Name of the trust                                        Old Mutual Limited Broad-Based Black
                                                         Economic Empowerment Employee Trust
Company                                                  Old Mutual Limited
Nature of transactions                                   On-market purchase in a hedging transaction
                                                         in respect of the Employee Share Ownership
                                                         Plan and Long-term Incentive Plan awards.
Class of securities                                      Ordinary shares
Date of transaction                                      29 October 2026
Number of securities                                     685 968
Highest traded price per share on the market on the      R14.3400
day
Lowest traded price per share on the market on the day   R14.1600
Volume weighted average price per share                  R14.2783
Total value of the transaction                           R9 794 456.89
Extent of interest                                       Indirect beneficial

Name of the trust                                        Old Mutual Limited Employee Trust
Company                                                  Old Mutual Limited
Nature of transactions                                   On-market purchase in a hedging transaction
                                                         in respect of the Employee Share Ownership
                                                         Plan and Long-term Incentive Plan awards.
Class of securities                                      Ordinary shares
Date of transaction                                      27 October 2026
Number of securities                                     353 352
Highest traded price per share on the market on the      R14.0800
day
Lowest traded price per share on the market on the day   R14.0500
Volume weighted average price per share                  R14.0800
Total value of the transaction                           R4 975 196.16
Extent of interest                                       Indirect beneficial

                                                                                                2
 Name of the trust                                        Old Mutual Limited Employee Trust
 Company                                                  Old Mutual Limited
 Nature of transactions                                   On-market purchase in a hedging transaction
                                                          in respect of the Employee Share Ownership
                                                          Plan and Long-term Incentive Plan awards.
 Class of securities                                      Ordinary shares
 Date of transaction                                      28 October 2026
 Number of securities                                     257 917
 Highest traded price per share on the market on the      R14.2700
 day
 Lowest traded price per share on the market on the day   R14.0900
 Volume weighted average price per share                  R14.2204
 Total value of the transaction                           R3 667 682.91
 Extent of interest                                       Indirect beneficial

 Name of the trust                                        Old Mutual Limited Employee Trust
 Company                                                  Old Mutual Limited
 Nature of transactions                                   On-market purchase in a hedging transaction
                                                          in respect of the Employee Share Ownership
                                                          Plan and Long-term Incentive Plan awards.
 Class of securities                                      Ordinary shares
 Date of transaction                                      29 October 2026
 Number of securities                                     471 809
 Highest traded price per share on the market on the      R14.3400
 day
 Lowest traded price per share on the market on the day   R14.1600
 Volume weighted average price per share                  R14.2783
 Total value of the transaction                           R6 736 630.44
 Extent of interest                                       Indirect beneficial

Clearance to deal in accordance with paragraph 6.83 of the Listings Requirements was obtained.

Sandton

Sponsors
JSE                                Equity Sponsor: Tamela Holdings (Proprietary) Limited
                                   Debt Sponsor: Nedbank Corporate and Investment Banking, a
                                   division of Nedbank Limited
Namibia                            PSG Wealth Management (Namibia) (Proprietary) Limited
Zimbabwe                           Imara Capital Zimbabwe plc
Malawi                             Stockbrokers Malawi Limited

Enquiries
Investor Relations
Langa Manqele                      M: +27 82 295 9840
Head of Investor Relations         E: investorrelations@oldmutual.com

                                                                                                 3
Communications
Wendy Tlou                           M: +27 83 301 9663
Chief Communications and             E: oldmutualnews@oldmutual.com
Reputation Officer

About Old Mutual
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 12 countries. Old Mutual's
primary operations are in Africa and it has a niche business in China. With over 180 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 and its underlying businesses, please visit the Corporate website at
www.oldmutual.com

                                                                                                         4
Date: 30/10/2026 05:00:00
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