Results of the 19th Annual General Meeting 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 “Company”) RESULTS OF 19th ANNUAL GENERAL MEETING Shareholders are advised that the special and ordinary resolutions proposed in the notice to shareholders dated March 2017, were passed by the requisite majority of votes of shareholders present in person or represented by proxy at the nineteenth annual general meeting held on Wednesday, 7 June 2017 at 14:00 (“Annual General Meeting”). The total number of shares present/represented, including proxies, at the Annual General Meeting was 1 576 758 190 representing 72.78% of Sanlam’s issued share capital of 2 166 471 806 shares as at Friday, 26 May 2017, being the Voting Record Date. The voting results were as follows: SHARES TOTAL SHARES VOTED ABSTAINED FOR AGAINST NUMBER %* %* RESOLUTION (%) (%) Ordinary Resolution No. 1 100.00 0.00 1 574 777 843 72.69 0.09 Presenting the Sanlam Annual Reporting Ordinary Resolution No. 2 77.52 22.48 1 566 817 849 72.32 0.46 Re-appointment of auditors Ordinary Resolution No. 3 Appointment of director 3.1 P Hanratty 100.00 0.00 1 575 841 094 72.74 0.04 Ordinary Resolution No. 4 Re-election of directors 4.1 MMM Bakane Tuoane 90.00 10.00 1 575 753 496 72.73 0.05 4.2 MV Moosa 92.62 7.38 1 575 773 466 72.73 0.05 4.3 SA Nkosi 99.55 0.45 1 575 770 790 72.73 0.05 4.4 PL Zim 91.07 8.93 1 575 774 696 72.73 0.05 Ordinary Resolution No. 5 Re-election of executive directors 5.1 Y Ramiah 91.80 8.20 1 575 841 364 72.74 0.04 5.2 HC Werth 99.26 0.74 1 575 843 069 72.74 0.04 Ordinary Resolution No. 6 Election of the members of the Sanlam Audit, Actuarial and Finance committee (Audit committee) 6.1 AD Botha 98.19 1.81 1 575 845 245 72.74 0.04 6.2 P Hanratty 100.00 0.00 1 575 753 808 72.73 0.04 6.3 KT Nondumo 99.59 0.41 1 575 841 444 72.74 0.04 6.4 P de V Rademeyer 98.23 1.77 1 575 846 012 72.74 0.04 Ordinary Resolution No. 7 Advisory vote on the Company’s 95.91 4.09 1 518 022 501 70.07 2.71 Remuneration Policy Ordinary Resolution No. 8 To note the total amount of non-executive directors and executive directors’ 97.54 2.46 1 299 193 962 59.97 0.04 remuneration for the financial year ended 31 December 2016 Ordinary Resolution No. 9 To place unissued ordinary shares under 97.79 2.21 1 575 858 856 72.74 0.04 the control of the directors Ordinary Resolution No. 10 97.17 2.83 1 574 915 454 76.69 0.04 General authority to issue shares for cash Ordinary Resolution No. 11 To authorise any director of the Company, and where applicable the secretary of the 99.99 0.01 1 575 775 519 72.73 0.04 Company (Company Secretary), to implement the aforesaid ordinary and under-mentioned special resolutions Special Resolution No. 1 Approval of non-executive directors’ 99.13 0.87 1 575 834 663 72.74 0.04 remuneration for their services as directors Special Resolution No. 2 General authority to provide financial assistance in terms of section 44 of the Companies Act 98.49 1.51 1 575 856 688 72.74 0.04 Special Resolution No. 3 General authority to provide financial assistance in terms of section 45 of the Companies Act 99.54 0.46 1 575 754 061 72.73 0.04 Special Resolution No. 4 Authority to the Company or a subsidiary 99.20 0.80 1 574 864 543 72.69 0.09 of the Company to acquire the Company’s securities *Expressed as a percentage of 2 166 471 806 Sanlam ordinary shares in issue as at the Voting Record Date. Bellville 8 June 2017 Sponsor Deutsche Securities (SA) Proprietary Limited Date: 08/06/2017 12:04:00 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.