Dealings in Securities by a Director SANTAM LIMITED (Incorporated in the Republic of South Africa) Registration number: 1918/001680/06 (JSE Share Code: SNT & ISIN: ZAE000093779) NSX share code: SNM Debt company code: BISAN (‘Santam’) DEALINGS IN SECURITIES BY A DIRECTOR In compliance with the JSE Limited Listings and Debt Listings Requirements, the following information is disclosed: Name of director : Tavaziva Madzinga Category of director : Executive Director Date of transaction : 26 May 2022 Total number of units : 26 633 Market Value per share : R288.00 (closing price of Santam shares on 26 May 2022) Total deemed value : R7 670 304.00 Price paid at acceptance : R0.00 Nature of interest : Direct Beneficial Class of shares : Ordinary Nature of transaction : Off market transfer of fully paid up Santam shares in terms of his employment contract concluded in October 2021 as a sign-on arrangement to compensate him for remuneration forfeited upon joining Santam. These shares are subject to certain restrictions. Period of vesting : 33% in 12 months, 33% in 24 months and 33% in 36 months Pre - Approval Obtained : Yes Cape Town 27 May 2022 Sponsor: Investec Bank Limited Debt Sponsor: Rand Merchant Bank, a division of FirstRand Bank Limited Date: 27-05-2022 12:00:00 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.