Result of AGM

Old Mutual Limited

30 May 2023

 

Old Mutual Limited

Incorporated in the Republic of South Africa

Registration number: 2017/235138/06

ISIN: ZAE000255360

LEI: 213800MON84ZWWPQCN47

JSE Share Code: OMU

MSE Share Code: OMU

NSX Share Code: OMM

ZSE Share Code: OMU

("Old Mutual" or "the Company")

Ref 45/23

29 May 2023

RESULTS OF SHAREHOLDER VOTING AT THE ANNUAL GENERAL MEETING ("AGM")

Shareholders are advised that the ordinary and special resolutions proposed in the notice to shareholders dated 25 April 2023, were passed by the requisite majority of votes of shareholders present in person or represented by proxy at the Company's AGM held on Friday, 26 May 2023.

The voting results were as follows:

ORDINARY RESOLUTIONS	TOTAL SHARES VOTED				SHARES ABSTAINED
	FOR (%)	AGAINST (%)	NUMBER	%*	%*
Ordinary Resolution 1.1: To re-elect Brian Armstrong as a director of the Company	99,70%	0,30%	3,418,231,997	69,56%	0,20%
Ordinary Resolution 1.2: To re-elect Albert Essien as a director of the Company	99,32%	0,68%	3,418,024,426	69,56%	0,20%
Ordinary Resolution 1.3: To re-elect Olufunke Ighodaro as a director of the Company	96,23%	3,77%	3,418,287,986	69,56%	0,20%
Ordinary Resolution 1.4: To re-elect James Mwangi as a director of the Company	70,72%	29,28%	3,409,581,202	69,39%	0,38%
Ordinary Resolution 1.5: To re-elect Stewart van Graan as a director of the Company	95,18%	4,82%	3,417,730,025	69,55%	0,21%
Ordinary Resolution 2.1: To elect Olufunke Ighodaro as a member of the Audit committee	97,76%	2,24%	3,418,488,309	69,57%	0,19%
Ordinary Resolution 2.2: To elect Itumeleng Kgaboesele as a member of the Audit committee	96,30%	3,70%	3,418,633,929	69,57%	0,19%
Ordinary Resolution 2.3: To elect Jaco Langner as a member of the Audit committee	99,70%	0,30%	3,418,583,684	69,57%	0,19%
Ordinary Resolution 2.4: To elect John Lister as a member of the Audit committee	96,50%	3,50%	3,419,375,057	69,59%	0,18%
Ordinary Resolution 2.5: To elect Nomkhita Nqweni as a member of the Audit committee	99,68%	0,32%	3,418,710,840	69,57%	0,19%
Ordinary Resolution 3.1: To re-appoint Deloitte & Touche as joint independent auditors until the conclusion of the next AGM of the company	98,45%	1,55%	3,418,889,296	69,58%	0,19%
Ordinary Resolution 3.2: To re-appoint Ernst & Young Inc. as joint independent auditors until the conclusion of the next AGM of the Company	99,87%	0,13%	3,418,937,278	69,58%	0,19%
Ordinary Resolution 4.1: Non-binding advisory vote on the Company's Remuneration Policy	84,54%	15,46%	3,408,869,906	69,37%	0,39%
Ordinary Resolution 4.2: Non-binding advisory vote on the Company's Remuneration Implementation Report	95,66%	4,34%	3,408,685,994	69,37%	0,39%
Special Resolution 1: To approve the remuneration payable to non-executive directors	96,75%	3,25%	3,412,876,925	69,45%	0,31%
Special Resolution 2: To grant general authority to acquire the Company's own ordinary shares	99,94%	0,06%	3,363,203,133	68,44%	0,16%
Special Resolution 3 - To approve the provisions of financial assistance to subsidiaries and other related and inter-related entities and to directors, prescribed officers and other persons participating in share or other employee incentive schemes	96,26%	3,74%	3,416,267,887	69,52%	0,24%

*as a percentage of total number of shares in issue as at 19 May 2023 being 4,708,553,649.

Sandton

Sponsors

Johannesburg Stock Exchange	Merrill Lynch South Africa (Pty) Limited ta BofA Securities
Malawi Stock Exchange	Stockbrokers Malawi Limited
Namibia Stock Exchange	PSG Wealth Management (Namibia) (Proprietary) Limited
Zimbabwe Stock Exchange	Imara Capital Zimbabwe plc

Enquiries

Investor Relations
Bonga Mriga Interim Head of Investor Relations		T: [phone] E: [e-mail]
Communications
Vuyo Mtawa		M: [phone]
Head of Group Communications		E: [e-mail]

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 South Africa and the Africa Regions, and it has a niche business in Asia. With over 177 years of heritage across sub-Saharan Africa, Old Mutual is a crucial part of the communities they serve and the broader society on the continent.

For further information on Old Mutual, and its underlying businesses, please visit the corporate website at www.oldmutual.com.

 

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