Directors’ dealings in Sanlam securities 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”) Directors’ dealings in Sanlam securities In compliance with paragraph 3.63 – 3.66 of the Listings Requirements of the JSE Limited, we hereby advise the following dealings by directors and the Company Secretary in Sanlam securities: Name: IM Kirk Designation: Executive Director Date of transaction: 18 June 2020 Total number of shares: 99 207 Total transaction value: R nil (Conditional value of R6,124,048.11 based on closing price of R61.73 per share on 17 June 2020) Nature and extent of the Direct beneficial director’s interest in the transaction: Class of securities: Ordinary shares Nature of transaction: Transfer of Sanlam ordinary shares to the Sanlam Minimum Shareholding Requirement Plan (MSRP) following delivery of shares under the Deferred/Performance Share Plans and the pledge of these shares by the Director to the Sanlam MSRP On market/Off market trade: Off market Prior authority to transact obtained: Yes Name: H C Werth Designation: Executive Director Date of transaction: 18 June 2020 Total number of shares: 44 726 Total transaction value: R nil (Conditional value of R2,760,935.98 based on closing price of R61.73 per share on 17 June 2020) Nature and extent of the Direct beneficial director’s interest in the transaction: Class of securities: Ordinary shares Nature of transaction: Transfer of Sanlam ordinary shares to the Sanlam Minimum Shareholding Requirement Plan (MSRP) following delivery of shares under the Deferred/Performance Share Plans and the pledge of these shares by the Director to the Sanlam MSRP On market/Off market trade: Off market Prior authority to transact obtained: Yes Name: T Mvusi Designation: Executive Director Date of transaction: 17 June 2020 Total number of shares: 23 850 Market value per share: R61.60 Total deemed value: R1 469 160.00 Nature and extent of the Direct beneficial director’s interest in the transaction: Class of securities: Ordinary shares Nature of transaction: Delivery of Sanlam ordinary shares under Deferred and Performance Share Plans On market/Off market trade: Off market Prior authority to transact obtained: Yes Name: T Mvusi Designation: Executive Director Date of transaction: 17 June 2020 Market value per share: R61.60 Total number of shares: 10 828 Total transaction value: R667 004.80 Nature and extent of the Direct beneficial director’s interest in the transaction: Class of securities: Ordinary shares Nature of transaction: Sale of Sanlam ordinary shares under Deferred and Performance Share Plans to meet income tax obligations on vesting of shares and diversify investment portfolio On market/Off market trade: On market Prior authority to transact obtained: Yes Name: HC Werth Designation: Executive Director Date of transaction: 17 June 2020 Market value per share: R61.60 Total number of shares: 11 885 Total transaction value: R732 116.00 Nature and extent of the Direct beneficial director’s interest in the transaction: Class of securities: Ordinary shares Nature of transaction: Sale of Sanlam ordinary shares under Restricted Share Plan to meet income tax obligations on vesting of shares On market/Off market trade: On market Prior authority to transact obtained: Yes Name: T Mvusi Designation: Executive Director Date of transaction: 17 June 2020 Market value per share: R61.60 Total number of shares: 5 943 Total transaction value: R366 088.80 Nature and extent of the Direct beneficial director’s interest in the transaction: Class of securities: Ordinary shares Nature of transaction: Sale of Sanlam ordinary shares under Restricted Share Plan to meet income tax obligations on vesting of shares On market/Off market trade: On market Prior authority to transact obtained: Yes Bellville 19 June 2020 Sponsor The Standard Bank of South Africa Limited Date: 19-06-2020 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.