SANLAM LIMITED - Appointment of an Independent Non-Executive director

Appointment of an Independent Non-Executive director

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


Sanlam Limited and Sanlam Life Insurance Limited announcements regarding the
appointment of an Independent Non-Executive director

In terms of paragraph 3.59 of the Listings Requirements of the JSE Limited, shareholders
are advised of the following announcements regarding members of the Boards of
Directors.

Mr Paul Hanratty has been appointed as an independent non-executive director to the
Board of Directors of Sanlam Limited and Sanlam Life Insurance Limited as well as to the
Audit and Risk Committee. Mr Hanratty’s appointment is effective from 03 April 2017.

Mr Hanratty is an experienced executive director of a FTSE 100 financial services group
with interests in insurance, asset management and banking in the UK, US, Africa, Asia
and Latin America. He has extensive mergers and acquisitions experience in multiple
countries e.g. US life disposal, European life disposals, Scandinavian life and bank
disposal, acquisition of wealth manager UK and four insurance acquisitions in Africa. He
has listed and unlisted board experience including chairing boards in South Africa,
Sweden and the UK. He has devised and implemented growth strategies for businesses
in the UK, South Africa and Africa as well as excellent financial and risk management skills
in life, asset management, wealth management and banking.

Commenting on Mr Hanratty’s appointment, the Chairman of the Board of Directors of
Sanlam Limited and Sanlam Life Insurance Limited, Mr Desmond Smith said: “Paul comes
with the requisite experience and impeccable credentials that we believe will add value to
Sanlam and support the Group’s growth ambitions. We welcome him and look forward to
his contribution.”

Bellville
03 April 2017

Sponsor
Deutsche Securities (SA) Proprietary Limited

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