Results of 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 A2X share code: SLM ISIN: ZAE000070660 (“Sanlam” or the “Company”) Results of Annual General Meeting Shareholders are advised that the special and ordinary resolutions proposed in the notice to shareholders dated 15 March 2019, were passed by the requisite majority of votes of shareholders present in person or represented by proxy at the 21st annual general meeting held on Wednesday, 5 June 2019 at 14:00 (“Annual General Meeting”). As at Friday, 24 May 2019, being the Annual General Meeting record date (“Voting Record Date”), the total number of Sanlam ordinary shares of 1 cent each in issue was 2 343 338 047 (“Sanlam Issued Ordinary Shares”). The Sanlam ordinary shares eligible to vote by being present in person or by submitting proxies was 2 172 343 535, being 92.70% of Sanlam Issued Ordinary Shares. The voting details with respect to the proposed resolutions were as follows: 1. Ordinary Resolution No 1 – Presenting the Sanlam Annual Reporting (incorporating Integrated Report, Corporate Governance Report, Remuneration Report and Annual Financial Statements) Ordinary Shares Total Ordinary Shares voted abstained For (%) Against (%) Number %(1) %(1) 100 0 1 790 666 262 82.43 0.27 2. Ordinary Resolution No 2 – Re-appointment of Ernst & Young Inc. as independent auditors Ordinary Shares Total Ordinary Shares voted abstained For (%) Against (%) Number %(1) %(1) 82.89 17.11 1 794 783 074 82.62 0.08 3. Ordinary Resolution No 3 – Appointment of director Ordinary Total Ordinary Shares voted Shares abstained Director Against For (%) Number %(1) %(1) (%) 3.1 S Zinn 99.18 0.82 1 789 330 599 82.37 0.33 4. Ordinary Resolution No 4 – Re-election of directors Ordinary Total Ordinary Shares voted Shares abstained Directors Against For (%) Number %(1) %(1) (%) 4.1 PT Motsepe 90.61 9.39 1 794 776 415 82.62 0.08 4.2 KT Nondumo 94.91 5.09 1 794 775 326 82.62 0.08 4.3 CG Swanepoel 99.62 0.38 1 794 772 214 82.62 0.08 4.4 AD Botha 73.53 26.47 1 789 326 864 82.37 0.33 4.5 SA Nkosi 77.88 22.12 1 789 320 459 82.37 0.34 5. Ordinary Resolution No 5 – Re-election of executive director Ordinary Total Ordinary Shares voted Shares abstained Director Against For (%) Number %(1) %(1) (%) 5.1 IM Kirk 99.04 0.96 1 794 584 036 82.61 0.08 6. Ordinary Resolution No 6 – Election of the members of Sanlam Audit, Actuarial and Finance Committee (“Audit Committee”) Ordinary Total Ordinary Shares voted Shares abstained Directors Against For (%) Number %(1) %(1) (%) 6.1 AD Botha 72.89 27.11 1 789 131 584 82.36 0.33 6.2 P Hanratty 99.53 0.47 1 794 783 035 82.62 0.08 6.3 M Mokoka 99.53 0.47 1 794 777 030 82.62 0.08 6.4 KT Nondumo 99.48 0.52 1 794 777 798 82.62 0.08 7. Ordinary Resolution No 7 – Advisory vote on the Company’s Remuneration policy and the Remuneration Implementation report Ordinary Total Ordinary Shares voted Shares abstained Against For (%) Number %(1) %(1) (%) 7.1 Remuneration policy 98.35 1.65 1 788 086 729 82.31 0.39 7.2 Remuneration Implementation report 93.00 7.00 1 787 489 292 82.28 0.42 8. Ordinary Resolution No 8 – To note the total amount of non-executive directors’ and executive directors’ remuneration for the financial year ended 31 December 2018 Ordinary Total Ordinary Shares voted Shares abstained For (%) Against (%) Number %(1) %(1) 99.46 0.54 1 784 873 334 82.16 0.40 9. Ordinary Resolution No 9 – To place unissued ordinary shares under the control of the directors Ordinary Total Ordinary Shares voted Shares abstained For (%) Against (%) Number %(1) %(1) 97.07 2.93 1 794 757 600 82.62 0.08 10. Ordinary Resolution No 10 – General authority to issue shares for cash Ordinary Total Ordinary Shares voted Shares abstained For (%) Against (%) Number %(1) %(1) 97.00 3.00 1 794 756 401 82.62 0.08 11. Ordinary Resolution No 11 – To authorise any director of the Company and, where applicable, the secretary of the Company (“Company Secretary”), to implement the aforesaid Ordinary and the undermentioned Special Resolutions Ordinary Total Ordinary Shares voted Shares abstained For (%) Against (%) Number %(1) %(1) 99.50 0.50 1 794 448 999 82.60 0.08 12. Special Resolution No 1 – Approval of the non-executive directors’ remuneration for their services as directors Ordinary Total Ordinary Shares voted Shares abstained For (%) Against (%) Number %(1) %(1) 99.33 0.67 1 789 324 909 82.37 0.33 13. Special Resolution No 2 – General authority to provide financial assistance in terms of section 44 of the Companies Act (Act 71 of 2008) Ordinary Total Ordinary Shares voted Shares abstained For (%) Against (%) Number %(1) %(1) 99.37 0.63 1 794 752 407 82.62 0.08 14. Special Resolution No 3 – General authority to provide financial assistance in terms of section 45 of the Companies Act (Act 71 of 2008) Ordinary Total Ordinary Shares voted Shares abstained For (%) Against (%) Number %(1) %(1) 99.37 0.63 1 794 755 462 82.62 0.08 15. Special Resolution No 4 – Authority to the Company or a subsidiary of the Company to acquire the Company’s securities Ordinary Total Ordinary Shares voted Shares abstained For (%) Against (%) Number %(1) %(1) 99.20 0.80 1 793 492 557 82.56 0.14 16. Special Resolution No 5 – To amend the trust deed of the Sanlam Limited Share Incentive Trust Ordinary Total Ordinary Shares voted Shares abstained For (%) Against (%) Number %(1) %(1) 98.91 1.09 1 786 988 923 82.26 0.43 (1) Expressed as a percentage of 2 172 342 535 Sanlam ordinary shares in issued as at the Voting Record Date. Group Company Secretary Sana-Ullah Bray Sana-ullah.bray@sanlam.co.za Bellville 6 June 2019 Sponsor The Standard Bank South Africa Limited Date: 06/06/2019 02:40:00 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.