Directors and prescribed officers’ dealings in Sanlam securities

Sanlam Limited
(Incorporated in the Republic of South Africa)
Registration number 1959/001562/06
JSE share code: SLM
NSX share code: SLA
A2X share code: SLM
ISIN: ZAE000070660
(“Sanlam”)

Sanlam Life Insurance Limited
Incorporated in the Republic of South Africa)
Registration number 1998/021121/06
Bond issuer code: BISLI
Sanlam Life)

Directors and prescribed officers’ dealings in Sanlam securities

In compliance with paragraph 3.63 – 3.66 of the Listings Requirements of the JSE Limited,
we hereby advise the following dealings by executive directors and prescribed officers in
Sanlam securities:


 Name:                                           H C Werth
 Designation:                                    Executive Director
 Date of transaction:                            13 June 2023
 Total number of shares:                         72 915

 Total transaction value:                        R nil (Conditional value of R4 355 942.10 based
                                                 on closing price of R59.74 per share on 13 June
                                                 2023)
 Nature and extent of the director’s interest    Direct beneficial
 in the transaction:

 Class of securities:                            Ordinary shares
 Nature of transaction:                          Transfer of Sanlam ordinary shares due for
                                                 delivery or release under the
                                                 Deferred/Performance Share Plans to the
                                                 Sanlam Minimum Shareholder Requirement Plan
                                                 (MSRP) following the pledge of these shares to
                                                 the Sanlam MSRP
 On market/Off market trade:                     Off market
 Prior authority to transact obtained:           Yes



 Name:                                        A Gildenhuys
 Designation:                                 Prescribed Officer
 Date of transaction:                         13 June 2023
 Total number of shares:                      52 444
Total transaction value:                       R nil (Conditional value of R3 133 004.56 based
                                               on closing price of R59.74 per share on 13 June
                                               2023)
Nature and extent of the director’s interest   Direct beneficial
in the transaction:

Class of securities:                           Ordinary shares
Nature of transaction:                         Transfer of Sanlam ordinary shares due for
                                               delivery or release under the
                                               Deferred/Performance Share Plans to the
                                               Sanlam Minimum Shareholder Requirement Plan
                                               (MSRP) following the pledge of these shares to
                                               the Sanlam MSRP
On market/Off market trade:                    Off market
Prior authority to transact obtained:          Yes


Name:                                          B Madikiza
Designation:                                   Prescribed Officer
Date of transaction:                           12 June 2023
Total number of shares:                        34 851
Market value per share:                        R58.96
Total deemed value:                            R2 054 814.96
Nature and extent of the director’s interest   Direct beneficial
in the transaction:

Class of securities:                           Ordinary shares
Nature of transaction:                         Delivery of Sanlam ordinary shares under
                                               Deferred and Performance Share Plans
On market/Off market trade:                    Off market
Prior authority to transact obtained:          Yes

Name:                                          B Madikiza
Designation:                                   Prescribed Officer
Date of transaction:                           12 June 2023
Market value per share:                        R58.96
Total number of shares:                        34 851
Total transaction value:                       R2 054 814.96
Nature and extent of the director’s interest   Direct beneficial
in the transaction:
Class of securities:                           Ordinary shares
Nature of transaction:                         Sale of Sanlam ordinary shares under Deferred
                                               and Performance Share Plans to meet income
                                               tax obligations on vesting of shares and diversify
                                               investment portfolio
On market/Off market trade:                    On market
Prior authority to transact obtained:          Yes
Name:                                          T Mabaso
Designation:                                   Prescribed Officer
Date of transaction:                           12 June 2023
Total number of shares:                        18 383
Market value per share:                        R58.96
Total deemed value:                            R 1 083 861.68
Nature and extent of the director’s interest   Direct beneficial
in the transaction:
Class of securities:                           Ordinary shares
Nature of transaction:                         Delivery of Sanlam ordinary shares under
                                               Deferred and Performance Share Plans
On market/Off market trade:                    Off market
Prior authority to transact obtained:          Yes

Name:                                          T Mabaso
Designation:                                   Prescribed Officer
Date of transaction:                           12 June 2023
Market value per share:                        R58.96
Total number of shares:                        18 383
Total transaction value:                       R1 083 861.68
Nature and extent of the director’s interest   Direct beneficial
in the transaction:

Class of securities:                           Ordinary shares
Nature of transaction:                         Sale of Sanlam ordinary shares under Deferred
                                               and Performance Share Plans to meet income
                                               tax obligations on vesting of shares and diversify
                                               investment portfolio
On market/Off market trade:                    On market
Prior authority to transact obtained:          Yes


Bellville
14 June 2023

Sponsor
The Standard Bank of South Africa Limited

Debt Sponsor to Sanlam Life Insurance Limited
Absa Bank Limited, acting through its Corporate and Investment Banking division

Date: 14-06-2023 02:00:00
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