As part of the dual-listed company structure, Ninety One plc and Ninety One Limited (the "Companies") notify both the LSE and the JSE of the following disposal of a beneficial interest in securities.

TRP121: NOTIFICATION OF AN ACQUISITION OF BENEFICIAL INTEREST IN SECURITIES

In compliance with section 122(3)(b) of the Companies Act, 71 of 2008 ("the Companies Act"), regulation 121(2)(b) of the Companies Act Regulations, 2011 and paragraph 3.83(b) of the JSE Listings Requirements, shareholders are advised that Ninety One Limited (the "Company") has received notification from Public Investment Corporation SOC Limited ("PIC"), on 09 October 2024 of the acquisition of a beneficial interest in securities of the Company, such that the total of all beneficial interests of the securities of that class held by PIC are now 15.116% of the total issued securities of the class. The previous beneficial interest held was 10.177%.

As required in terms of section 122(3)(a) of the Companies Act, Ninety One Limited has filed the required notices with the Takeover Regulation Panel.

10 October 2024

The board of directors of the Company accepts responsibility for the information contained in this announcement having relied on the information as provided by PIC in the Form TRP 121.1 and, to the best of their knowledge and belief, such information is true and does not omit anything likely to affect the importance of such information contained herein.

JSE Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd