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AMP LIMITED Capital/Financing Update 2022

Jun 27, 2022

64379_rns_2022-06-27_fc037ec4-22d3-4324-b764-5d5e0b18874e.pdf

Capital/Financing Update

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ASX RELEASE | 28 June 2022

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Completion of divestment of remaining equity interest in Resolution Life Australasia

AMP Limited today announces the completion of the divestment of its remaining 19.13% equity interest in Resolution Life Australasia (RLA)[1] to Resolution Life Group.

The initial sale agreement, announced on 3 November 2021, was subject to regulatory approvals and other conditions precedent which have all now been satisfied.

The successful completion of the transaction strengthens AMP’s capital position. AMP will provide an update on its capital position at its half year results on 11 August 2022.

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Authorised for release by the Market Disclosure Committee.

1 Resolution Life NOHC Pty Ltd.

CORPORATE AFFAIRS T 02 9257 6127 E [email protected] W AMP.com.au/media AMP_AU

AMP LIMITED 50 Bridge Street, Sydney NSW 2000 Australia ABN 49 079 354 519