Dealings in securities SANTAM LIMITED (Incorporated in the Republic of South Africa) Registration number: 1918/001680/06 (JSE Share Code: SNT & ISIN: ZAE000093779) NSX share code: SNM (‘Santam’) In compliance with Rules 3.63 – 3.74 of the JSE Limited Listings Requirements, the following information is disclosed: DEALINGS IN SECURITIES Name of director : Lize Lambrechts Category of director : Executive Director Date of transaction : 18 June 2020 Total number of units : 16 411 Total deemed value : R4 685 996.94 based on the closing price of R285.54 per share on 18 June 2020 Price paid at acceptance : R0.00 Nature of interest : Direct beneficial Class of shares : Ordinary Nature of transaction : Off market Transfer of Santam ordinary shares to the Santam 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 Santam MSRP Pre – Approval Obtained : Yes Name of director : Hendrik David Nel Category of director : Executive Director Date of transaction : 18 June 2020 Total number of units : 5 090 Total deemed value : R1 453 398.60 based on the closing price of R285.54 per share on 18 June 2020 Price paid at acceptance : R0.00 Nature of interest : Direct Beneficial Class of shares : Ordinary Nature of transaction : Off market Transfer of Santam ordinary shares to the Santam 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 Santam MSRP Pre – Approval Obtained : Yes Person’s name : Masood Allie Category of person : Company Secretary Date of transaction : 18 June 2020 Total number of units : 1 395 Vesting price at 1 June 2020 : R266.94 Total deemed value : R372 381.30 Price paid at acceptance : R0.00 Nature of interest : Direct beneficial Class of shares : Ordinary Nature of transaction : Off Market Delivery of Santam ordinary shares under the Santam Deferred Share Plan Pre – Approval Obtained : Yes Name of director : Masood Allie Category of director : Company Secretary Date of transaction : 18 June 2020 Total number of units : 633 Share price : R288.57 Transaction value : R182 664.81 Nature of interest : Direct beneficial Class of shares : Ordinary Nature of transaction : On Market Sale of Santam ordinary shares Pre – Approval Obtained : Yes Cape Town 23 June 2020 Sponsor: Investec Bank Limited Date: 23-06-2020 04:30:00 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.