OLD MUTUAL LTD

OLD MUTUAL LTD Organogram

Old Mutual Ltd is the holding company for a group that provides financial services and solutions to retail and corporate customers in South Africa, other African regions and China. Old Mutual has 7.5 million customers, serving 3.4 million customers in South Africa through a network of 360 branches, 1.9 million active digital users, with 3.4 million Old Mutual Rewards customers.

The company operates through the following segments:
• Old Mutual Life and Savings: Comprises retail and corporate segments offering risk, savings, investment, lending and income products across diverse markets. This includes simple financial solutions for low- to lower-middle income customers (Mass and Foundation Cluster), holistic financial advice and tailored investment offerings for middle-income and high-net-worth individuals (Personal Finance and Wealth Management), and employee benefits and business solutions for SMEs (Old Mutual Corporate). Activities span shareholder functions and enabling capabilities
• Old Mutual Investments: Operates across Asset Management through three distinct segments:
- Listed asset management comprising three affiliate businesses being Futuregrowth, Marriott and Old Mutual Investment Group.
- Old Mutual Alternative Investment, an unlisted investment affiliate business, and
- Specialised Finance, a proprietary risk and investment capability which manages and supports the origination of assets
• Old Mutual Banking: A segment that operates in Banking and Lending by providing banking services to customers in the low-income and lower-middle income markets in South Africa
• Old Mutual Insure: Provides non-life insurance products through multiple channels: Retail, iWYZE, Speciality, CGIC and Strategic Acquisitions, Genric and One
• Old Mutual Africa Regions: in Life and Savings, Property and Casualty (including health insurance), Banking and Lending (including micro-lending) and Asset Management. The segment operates in 10 countries across three regions: Southern Africa, East and West Africa
• Other Group Activities: Comprises the activities related to the management of the Group’s capital structure. This includes the management of shareholder investment assets including the associated shareholder investment return and third-party borrowings including the associated finance costs. Also included are net assets and operations of Residual plc.

The group has exposure to property assets through its investments in investment property and owner-occupied properties in Africa, Romania and Bulgaria, held within policyholder funds. As of 31 December 2025, the group's investment property portfolio valued at R43.18bn. The group's total assets amounted to R1,367.92bn.