SANTAM LIMITED - Retirement of an Independent Non-Executive Director and Changes to Board Committees

Retirement of an Independent Non-Executive Director and Changes to Board Committees

SANTAM LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1918/001680/06
Company code: BISAN
(“Santam” or the “company”)


RETIREMENT OF AN INDEPENDENT NON-EXECUTIVE DIRECTOR AND CHANGES TO BOARD
COMMITTEES

In compliance with paragraph 6.39 of the Debt Listings Requirements of the JSE Limited, the board of
directors of Santam hereby notifies shareholders and noteholders that Mr Machiel Reyneke (Machiel)
will retire as a non-executive director at the company’s annual general meeting on 1 June 2022 owing
to his long tenure on the board (longer than nine years) and is not offering himself for re-election.

Machiel has been a member of the board since 26 August 2003, both as an Executive director up to
September 2012 and thereafter as a Non-Executive director. He currently serves as Chairman of the
Risk and Investment Committtees and is a member of the Audit Committee.

Mr Reyneke will resign simultaneously as a member of the Investment, Audit and Risk committees.



22 March 2022

Debt Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)

Date: 22-03-2022 03:35:00
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