Wrap Text
Results of the Sanlam 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 the Sanlam Annual General Meeting
Shareholders are referred to the announcement released on the JSE Stock Exchange News Service on
25 May 2020 regarding the withdrawal of ordinary resolution 5.2 (“Re-Election of PB Hanratty as a non-
executive director”) and ordinary resolution 7.2 (“The Appointment of PB Hanratty as a member of the
Audit Committee”).
Accordingly, shareholders are advised that the special and ordinary resolutions proposed in the notice to
shareholders dated 13 March 2020, other than ordinary resolutions 5.2 and 7.2 referred to above, were
passed by the requisite majority of votes of shareholders present in person or represented by proxy at the
22nd annual general meeting held on Wednesday, 10 June 2020 at 14:00 (“Annual General Meeting”).
As at Friday, 29 May 2020, being the Annual General Meeting record date (“Voting Record Date”), the total
number of Sanlam ordinary shares of 1 cent each in issue was 2 226 974 408 (“Sanlam Issued Ordinary
Shares”).
The Sanlam ordinary shares eligible to vote by being present in person or by submitting proxies was
1 605 098 822, being 73% 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 the
Integrated Report, Corporate Governance Report, Remuneration Report and Annual Financial
Statements) for the year ended 31 December 2019
Ordinary Shares
Total Ordinary Shares voted
abstained
For (%)(1) Against (%)(1) Number %(2) %(2)
100 0.00 1,600,242,100 71.86 0.22
2. Ordinary Resolution No 2 – Re-appointment of Ernst & Young Inc. as independent auditors for
the 2020 financial year with Mr C du Toit as the individual and designated auditor
Ordinary Shares
Total Ordinary Shares voted
abstained
For (%)(1) Against (%)(1) Number %(2) %(2)
74.77 25.23 1,603,233,343 71.99 0.08
3. Ordinary Resolution No 3 – Appointment of KPMG Inc. as joint independent auditors with effect
from the 2021 financial year
Ordinary Shares
Total Ordinary Shares voted
abstained
For (%)(1) Against (%)(1) Number %(2) %(2)
98.14 1.86 1,603,233,143 71.99 0.08
4. Ordinary Resolution No 4 - Appointment of directors
Ordinary
Total Ordinary Shares voted Shares
abstained
Directors For Against
Number %(2) %(2)
(%)(1) (%)(1)
4.1 AS Birrell 99.11 0.89 1,603,225,194 71.99 0.08
4.2 E Masilela 99.45 0.55 1,603,223,635 71.99 0.08
4.3 JP Möller 95.14 4.86 1,603,212,376 71.99 0.08
5. Ordinary Resolution No 5 – Re-election of directors
Ordinary
Total Ordinary Shares voted Shares
abstained
Director Against
For (%)(1) Number %(2) %(2)
(%)(1)
5.1 RV Simelane 88.57 11.43 1,603,216,568 71.99 0.08
5.2 PB Hanratty Withdrawn Withdrawn Withdrawn Withdrawn Withdrawn
6. Ordinary Resolution No 6 – Re-election of executive directors
Ordinary
Total Ordinary Shares voted Shares
abstained
Director Against
For (%)(1) Number %(2) %(2)
(%)(1)
6.1 HC Werth 96.78 3.22 1,603,215,270 71.99 0.08
6.2 JM Modise 96.97 3.03 1,603,198,198 71.99 0.09
7. Ordinary Resolution No 7 – Election of the members of Sanlam Audit, Actuarial and Finance
Committee (“Audit Committee”)
Ordinary
Total Ordinary Shares voted Shares
abstained
Directors Against
For (%)(1) Number %(2) %(2)
(%)(1)
7.1 AS Birrell 99.58 0.42 1,603,225,615 71.99 0.08
7.2 P Hanratty Withdrawn Withdrawn Withdrawn Withdrawn Withdrawn
7.3 M Mokoka 89.25 10.75 1,603,053,469 71.98 0.09
7.4 KT Nondumo 99.85 0.15 1,603,211,355 71.99 0.08
7.5 JP Möller 88.68 11.32 1,603,210,866 71.99 0.08
8. Ordinary Resolution No 8 – Advisory vote on the Company’s remuneration policy and the
remuneration implementation report
Ordinary
Total Ordinary Shares voted Shares
abstained
For Against
Number %(2) %(2)
(%)(1) (%)(1)
8.1 Remuneration policy 94.85 5.15 1,601,270,935 71.90 0.17
8.2 Remuneration
implementation report 78.12 21.88 1,568,041,130 70.41 1.66
9. Ordinary Resolution No 9 – To note the total amount of non-executive directors’ and executive
directors’ remuneration for the financial year ended 31 December 2019
Ordinary
Total Ordinary Shares voted Shares
abstained
For (%)(1) Against (%)(1) Number %(2) %(2)
99.95 0.05 1,601,945,307 71.93 0.14
10. Ordinary Resolution No 10 – To place unissued ordinary shares under the control of the directors
Ordinary
Total Ordinary Shares voted Shares
abstained
For (%)(1) Against (%)(1) Number %(2) %(2)
95.90 4.10 1,603,232,366 71.99 0.08
11. Ordinary Resolution No 11 – General authority to issue shares for cash
Ordinary
Total Ordinary Shares voted Shares
abstained
For (%)(1) Against (%)(1) Number %(2) %(2)
95.52 4.48 1,603,232,096 71.99 0.08
12. Ordinary Resolution No 12 – To authorise any director of the Company and, where applicable,
the secretary of the Company (“Company Secretary”), to implement the aforesaid ordinary
resolutions and the undermentioned special resolutions
Ordinary
Total Ordinary Shares voted Shares
abstained
For (%)(1) Against (%)(1) Number %(2) %(2)
99.41 0.59 1,603,232,361 71.99 0.08
13. Special Resolution No 1 – Approval of the non-executive directors’ remuneration for their
services as directors
Ordinary
Total Ordinary Shares voted Shares
abstained
For (%)(1) Against (%)(1) Number %(2) %(2)
99.61 0.39 1,601,276,699 71.90 0.17
14. Special Resolution No 2 – Authority to the Company or a subsidiary of the Company to acquire
the Company’s securities
Ordinary
Total Ordinary Shares voted Shares
abstained
For (%)(1) Against (%)(1) Number %(2) %(2)
99.51 0.49 1,601,971,943 71.93 0.14
(1) Expressed as a percentage of Sanlam voteable ordinary shares for each resolution.
(2) Expressed as a percentage of 2 226 974 408 Sanlam ordinary shares in issued as at the Voting
Record Date.
Group Company Secretary
Sana-Ullah Bray
Sana-ullah.bray@sanlam.co.za
Bellville
11 June 2020
Sponsor
The Standard Bank South Africa Limited
Date: 11-06-2020 11:00:00
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.
Sharenet Sites 
