Results Of Annual General Meeting SANTAM LIMITED (Incorporated in the Republic of South Africa) Registration number: 1918/001680/06 (Share Code: SNT & ISIN ZAE000093779) NSX share code: SNM (‘Santam’) RESULTS OF ANNUAL GENERAL MEETING Santam shareholders are advised that at the annual general meeting of Santam held on 31 May 2017 all the ordinary and special resolutions were passed by the requisite majority of votes. The company’s total number of shares in issue eligible to vote is 110 711 229 and the total number of shares represented in person or by proxy at the meeting was 99 676 790, representing 90.03% of the eligible shares. The voting for each resolution was as follows: Votes for Votes Votes Total votes against abstained Ordinary resolution no 1: 99 673 908 0 2 882 99 676 790 to adopt financial 100.00% 0.00% 0.00% 100.00% statements Ordinary resolution no 2: 99 442 578 231 865 2 347 99 676 790 to reappoint PwC as auditors 99.77% 0.23% 0.00% 100.00% Ordinary resolution no 3: 99 674 443 0 2 347 99 676 790 re-election of B Campbell 100.00% 0.00% 0.00% 100.00% as a director Ordinary resolution no 4: 96 231 332 3 443 111 2 347 99 676 790 re-election of BTPKM Gamedze 96.55% 3.45% 0.00% 100.00% as a director Ordinary resolution no 5: 99 434 979 209 464 2 347 99 676 790 re-election of GG Gelink 99.79% 0.21% 0.00% 100.00% as a director Ordinary resolution no 6: 94 608 788 5 065 655 2 347 99 676 790 re-election of Y Ramiah 94.92% 5.08% 0.00% 100.00% as a director Ordinary resolution no 7: 99 674 178 265 2 347 99 676 790 election of NV Mtetwa as a 100.00% 0.00% 0.00% 100% director Ordinary resolution no 8: 99 674 443 0 2 347 99 676 790 election of PE Speckmann 100.00% 0.00% 0.00% 100.00% as a director Ordinary resolution no 9: 96 884 609 2 789 834 2 347 99 676 790 election of HV Werth as a 97.20% 2.80% 0.00% 100.00% director Ordinary resolution no 10: 99 674 443 0 2 347 99 676 790 re-election of B Campbell as a 100.00% 0.00% 0.00% 100.00% member of the audit committee Ordinary resolution no 11: 98 969 509 704 934 2347 99 676 790 re-election of GG Gelink as a 99.29% 0.71% 0.00% 100.00% member of the audit committee Ordinary resolution no 12: 95 193 368 4 481 075 2 347 99 676 790 re-election MJ Reyneke as a 95.50% 4.50% 0.00% 100.00% member of the audit committee Ordinary resolution no 13: 99 674 178 265 2 347 99 676 790 election of NV Mtetwa as a 100.00% 0.00% 0.00% 100.00% member of the audit committee Ordinary resolution no 14: 99 674 443 0 2 347 99 676 790 election of PE Speckmann as a 100.00 0.00% 0.00% 100% member of the audit committee Ordinary resolution no 15: 86 627 932 13 045 976 2 882 99 676 790 approval of the company’s 86.91% 13.09% 0.00% 100.00% remuneration policy Special resolution no 1: 99 629 127 45 316 2 347 99 676 790 approval on non-executive 99.95% 0.05% 0.00% 100.00% directors’ remuneration Special resolution no 2: 98 658 543 1 015 365 2 882 99 676 790 general authority to repurchase 98.98% 1.02% 0.00% 100.00% shares Special resolution no 3: 99 628 827 45 316 2 647 99 676 790 general approval to provide 99.95% 0.05% 0.00% 100.00% financial assistance to related companies in connection with the purchase of securities Special resolution no 4. 99 673 343 800 2 647 99 676 790 general approval to provide 100.00% 0.00% 0.00% 100.00% financial assistance to related corporations for purposes of funding the activities of the group Note: The percentage of shares voted is calculated in relation to the number of shares represented at the AGM. Cape Town 1 June 2017 Sponsor Investec Bank Limited Date: 01/06/2017 02:48:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.