SANTAM LIMITED - Change ion Directorate

Release Date: 29/06/2018 15:30
Code(s): SNT
 
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Change ion Directorate

SANTAM LIMITED
(Incorporated in the Republic of South Africa) Registration number: 1918/001680/06
(JSE Share Code: SNT & ISIN ZAE000093779)
NSX share code: SNM
Bonds Company code: BISAN
(‘Santam’) or (“the Company”)

CHANGE IN DIRECTORATE

In terms of paragraph 3.59 of the Listing Requirements of the JSE Limited, shareholders are advised
of the following changes to the board of directors (“Board”):

Mr Grant Gelink will resign as Chairman and Non-Executive Director with effect from 30 June 2018.
Mr Gelink has served on the board since 1 June 2012 and as Chairman since 30 May 2013 and has
contributed significantly to the success of Santam during his tenure. Mr Gelink served on the Audit,
Risk, Nominations, Human Resources and Remuneration and Investment Committees.
Management and the Board take this opportunity of thanking him for his loyal and dedicated
contribution to the Group. We wish him continued success in the future.

The board is pleased to announce the appointment of Mr Vusumuzi (Vusi) Phillip Khanyile as its
chairperson with effect from 1 July 2018. Mr Khanyile joined the Santam board as an Independent
Non-Executive Director on 23 April 2018, having previously served as a director between April 2010
and May 2013. He also served as Chairman of the Board from 2 June 2010 to 29 May 2013.

Mr Khanyile holds a B.Com (Honours) in Accounting and Finance from the University of Birmingham,
a Fellowship in Development Finance from Princeton University and an Honorary Doctorate from
Walter Sisulu University. He was part of the team that established Thebe Investment Corporation in
1992. The Thebe group, under the leadership of Mr Khanyile has been involved in and awarded
several large commercial transactions.

Mr Khanyile will serve as a member of Company’s Nominations Committee and Human Resources
and Remuneration Committee from 1 July 2018.

Mr Junior Ngulube has been appointed to serve as a member of the company’s Social, Ethics and
Sustainability Committee with effect from 1 July 2018.


Cape Town
29 June 2018

Sponsor: Investec Bank Limited

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