Dealings in securities SYGNIA LIMITED (Incorporated in the Republic of South Africa) (Registration number 2007/025416/06) Share code on the JSE and A2X: SYG ISIN: ZAE000208815 (“Sygnia”) DEALINGS IN SECURITIES In compliance with sections 3.63 to 3.74 of the Listings Requirements of the JSE Limited, the following information is disclosed: 1. Dealings by director Director: MF Wierzycka Date of Transaction: 27 September 2019 Nature of Transaction: Off market donation of shares Class of shares: Sygnia ordinary shares Number of shares: 22 691 332 Price per share: R0 Value of Transaction: R215 567 654 Nature of Interest: Direct beneficial Written clearance to deal: Yes 2. Dealings by director of major subsidiary Director: SJB Peile Company: Sygnia Life Limited Date of transaction: 27 September 2019 Nature of transaction: Receipt of shares in terms of the donation set out above Class of shares: Sygnia ordinary shares Number of shares: 22 691 332 Price per share: R0 Value of transaction: R215 567 654 Nature of Interest: Direct beneficial Written clearance to deal: Yes Ms Wierzycka and Mr Peile are spouses and the share dealings referred to above represent a restructuring of their personal interests in Sygnia. Cape Town 01 October 2019 Sponsor: The Standard Bank of South Africa Limited Date: 01/10/2019 01:45:00 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.