SANLAM LIMITED - Dealing in Securities

Dealing in Securities

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

Dealing in Securities

In compliance with paragraphs 3.63 to 3.74 and 3.92 of the Listings Requirements of the JSE Limited
("JSE"), the following information is disclosed in relation to a conditional award of Sanlam ordinary
shares in terms of the Sanlam Deferred Share Plan:

Name of Director:                                HC Werth
Class of security:                               Sanlam ordinary shares
Date of transaction:                             1 August 2019
Nature of the transaction:                       Off market acceptance of a conditional undertaking to
                                                 receive fully paid-up ordinary shares in April 2024 should
                                                 certain pre-determined performance hurdles be met over
                                                 the period 1 January 2020 until 31 December 2023
Total number of units:                           702 000 ordinary shares if all conditions are met in full.
                                                 No delivery of ordinary shares if the base performance
                                                 hurdles are not met
Price per share:                                 Rnil
Value of transaction:                            Conditional value ranges between Rnil and R52 509 600
                                                 based on the closing market price of R74.80 per Sanlam
                                                 ordinary share on 1 August 2019
Pre-approval obtained:                           Yes
Extent of interest:                              Direct beneficial

02 August 2019
Cape Town


JSE Sponsor:
The Standard Bank of South Africa Limited

Date: 02/08/2019 04:00:00
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