SANTAM LIMITED - Availability of Annual Report, Update to information incorporated by reference, Changes to Board & Company Secretary

Availability of Annual Report, Update to information incorporated by reference, Changes to Board & Company Secretary

SANTAM LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1918/001680/06
Company code: BISAN
(“Santam” or the “Issuer”)


AVAILABILITY OF THE ANNUAL INTEGRATED REPORT, UPDATE TO INFORMATION INCORPORATED
BY REFERENCE AND CHANGES TO THE BOARD AND COMPANY SECRETARY


AVAILABILITY OF THE ANNUAL INTEGRATED REPORT

Further to the announcement released by Santam on 4 March 2021, noteholders are advised that the
annual integrated report of the Issuer for the year ended 31 December 2020 has been made available
on the Santam website at https://www.santam.co.za/investor-relations/integrated-report/financial-
results-and-reports/.


UPDATE TO INFORMATION INCORPORATED BY REFERENCE

Noteholders are further advised that the King IV Application Register of the Issuer (“King IV Register”),
incorporated by reference into the Santam ZAR4 000 000 000 Unsecured Subordinated Callable Note
Programme Memorandums dated 13 December 2018 and 10 December 2020, respectively, has been
updated. The updated King IV Register is available on the following link:
https://www.santam.co.za/media/2686144/king-iv-application-register-3-march-2021.pdf.


CHANGES TO THE BOARD OF DIRECTORS

In compliance with paragraph 6.39 of the Debt Listings Requirements of the JSE Limited, the board of
directors of Santam Limited (the “board") hereby notifies noteholders that Messrs Vusi Khanyile (Vusi)
and Bruce Campbell (Bruce) will retire as non-executive directors at the Issuer’s annual general
meeting on 2 June 2021 in terms of the provisions of the Issuer’s Memorandum of Incorporation
relating to the retirement age of directors. Vusi has been a member of the board since April 2018. He
served as Chairman of the board, member of the Human Resources and Remunerations Committee
and as Chair of the Nominations Committee. Bruce has been a director of Santam since October 2010,
and has served on the Audit Committee, Risk Committee and Social, Ethics and Sustainability
Committee.

The Board takes this opportunity of thanking both directors for their dedicated contribution to the
Group and wishes them continued success in the future.

Noteholders will be advised of additional director appointments in due course and the appointment
of a new Chair of the Board. This process forms part of the normal Board succession planning process.


RESIGNATION OF THE COMPANY SECRETARY

Noteholders are advised that Masood Allie (Masood) has resigned as the company secretary of
Santam, with effect from 8 June 2021, to pursue another career opportunity.
The board thanks Masood for his contribution to the Issuer and wishes him well in his future
endeavors.

Santam has commenced the process of identifying Masood’s successor and noteholders will be
advised of the appointment of a new company secretary in due course.

17 March 2021

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 17-03-2021 01:17:00
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