Board and Board Committee Changes MOMENTUM METROPOLITAN HOLDINGS LIMITED Incorporated in the Republic of South Africa Registration number: 2000/031756/06 ISIN Code: ZAE000269890 JSE Share Code: MTM A2X Share Code: MTM NSX Share Code: MMT (“MMH” or the “Group”) MOMENTUM METROPOLITAN LIFE LIMITED Incorporated in the Republic of South Africa) Registration No. 1904/002186/06 Company code: MMIG (“MML” or the “Company”) BOARD AND BOARD COMMITTEE CHANGES In accordance with paragraph 3.59 of the JSE Limited Listings Requirements, and paragraph 6.39 of the JSE Limited Debt Listings Requirements, shareholders and noteholders are advised that Mr Matthews Sello Moloko will step down as a director and chair of the Boards of MMH and MML, following the conclusion of the MMH Annual General Meeting on 25 November 2021. He will also resign as chair of the Group’s Nominations committee, and member of the Investments as well as the Remuneration committees. Mr Moloko’s resignation follows his decision to join the board of another financial institution, and is required to prevent any conflicts of interest. The Group is pleased to announce the appointment of Mr Peter Cooper as the Interim Chair of the Boards of MMH and MML, and Interim Chair of the Group’s Nominations Committee, with effect from 25 November 2021 and until the appointment of a new Board Chair. The intention is to appoint a new Board Chair as soon as is practically possible, and preferably within the next six to twelve months. Mr Cooper is a qualified Chartered Accountant (SA) and a seasoned professional with a wealth of experience in the financial services industry. He joined the MMH Board in November 2015 and was subsequently appointed to the MML Board in July 2020. By order of the Boards CENTURION 25 October 2021 Equity Sponsor Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities Debt Sponsor Rand Merchant Bank (a division of FirstRand Bank Limited) Sponsor in Namibia Simonis Storm Securities (Pty) Limited Date: 25-10-2021 05:25:00 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.