Result of AGM

Old Mutual Limited

31 May 2024

 

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 xx/24

31 May 2024

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

Shareholders are advised that the ordinary and special resolutions proposed in the notice of AGM to shareholders dated 12 April 2024, 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, 31 May 2024.

The voting results were as follows:

RESOLUTIONS	TOTAL SHARES VOTED				SHARES ABSTAINED
	FOR (%)	AGAINST (%)	NUMBER	%*	%*
Ordinary Resolution 1.1: To re-elect Itumeleng Kgaboesele as a director of the Company	97.38%	2.62%	3,263,316,444	68.11%	0.30%
Ordinary Resolution 1.2: To re-elect Jaco Langner as a director of the Company	99.61%	0.39%	3,263,359,371	68.12%	0.30%
Ordinary Resolution 1.3: To re-elect Trevor Manuel as a director of the Company	97.78%	2.22%	3,263,551,498	68.12%	0.30%
Ordinary Resolution 1.4: To re-elect Nomkhita Nqweni as a director of the Company	99.70%	0.30%	3,261,633,433	68.08%	0.34%
Ordinary Resolution 1.5: To elect Busisiwe Silwanyana as a director of the Company	99.84%	0.16%	3,258,512,337	68.01%	0.40%
Ordinary Resolution 1.6: To elect Jurie Strydom as a director of the Company	99.81%	0.19%	3,260,156,804	68.05%	0.37%
Ordinary Resolution 2.1: To elect Olufunke Ighodaro as a member of the Audit committee	98.43%	1.57%	3,260,647,438	68.06%	0.36%
Ordinary Resolution 2.2: To elect Itumeleng Kgaboesele as a member of the Audit committee	97.44%	2.56%	3,261,643,006	68.08%	0.34%
Ordinary Resolution 2.3: To elect Jaco Langner as a member of the Audit committee	99.68%	0.32%	3,260,953,268	68.07%	0.35%
Ordinary Resolution 2.4: To elect John Lister as a member of the Audit committee	99.30%	0.70%	3,262,058,313	68.09%	0.33%
Ordinary Resolution 2.5: To elect Nomkhita Nqweni as a member of the Audit committee	99.83%	0.17%	3,259,820,314	68.04%	0.38%
Ordinary Resolution 2.6: To elect Busisiwe Silwanyana as a member of the Audit committee	99.85%	0.15%	3,260,192,582	68.05%	0.37%
Ordinary Resolution 2.7: To elect Jurie Strydom as a member of the Audit committee	99.82%	0.18%	3,262,368,240	68.10%	0.32%
Ordinary Resolution 3.1: To re-appoint Deloitte & Touche as joint auditors until the conclusion of the next AGM of the company	99.03%	0.97%	3,261,956,979	68.09%	0.33%
Ordinary Resolution 3.2: To re-appoint Ernst & Young Inc. as joint auditors until the conclusion of the next AGM of the Company	99.80%	0.20%	3,266,436,842	68.18%	0.24%
Ordinary Resolution 4.1: Non-binding advisory vote on the Company's Remuneration Policy	88.49%	11.51%	3,263,159,854	68.11%	0.31%
Ordinary Resolution 4.2: Non-binding advisory vote on the Company's Remuneration Implementation Report	94.20%	5.80%	3,262,889,151	68.11%	0.31%
Special Resolution 1: To approve the remuneration payable to non-executive directors	98.58%	1.42%	3,262,113,045	68.09%	0.33%
Special Resolution 2: To grant general authority to acquire the Company's own ordinary shares	99.99%	0.01%	3,159,766,726	65.95%	0.15%
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	97.76%	2.24%	3,265,264,588	68.16%	0.26%

*as a percentage of total number of shares in issue as at 24 May 2024 being 4,790,906,428.

Sandton

Johannesburg Stock Exchange	Tamela Holdings (Pty) Ltd
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
Langa Manqele Head of Investor Relations		M: [phone] E: [e-mail]
Communications
Wendy Tlou Chief Communications & Reputation Officer		M: [phone] 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 Africa, and it has a niche business in Asia. 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 and its underlying businesses, please visit the corporate website at www.oldmutual.com.

 

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