Dealings in 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") Sanlam Life Insurance Limited (Incorporated in the Republic of South Africa) (Registration No. 1998/021121/06) LEI: 378900E10332DF012A23 Bond Issuer Code: SMT1 ("Sanlam Life") Directors and Prescribed Officers 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 Prescribed Officers in Sanlam securities: Name: P Hanratty Designation: Executive Director Date of transaction: 18 March 2024 Total number of shares: 25 078 Nature of transaction: Transfer of Sanlam ordinary shares to the Sanlam Ltd Share Incentive Trust for no consideration following the forfeiture thereof in terms of CEO remuneration agreement On market/Off market trade: Off market Market value per share: R nil Total transaction value: R1 779 284.10 based on the closing price of R70.95 per share on 18 March 2024 Nature and extent of the Direct beneficial interest in the transaction: Class of securities: Ordinary shares Prior authority to transact obtained: Yes Name: A Mukhuba Designation: Executive Director Date of transaction: 18 March 2024 Total number of shares: 30 767 Nature of transaction: Acceptance of Sanlam Ltd shares representing the deferred bonus component of the 2023 performance bonus award. Release of these shares on 31 March 2027 is subject to pre-determined conditions. On Market/Off market trade: Off market Market Value per share: R nil Total transaction value: R nil (Conditional value of R2 182 918.65 based on closing price of R70.95 per share on 18 March 2024) Nature and extent of the Direct beneficial director's interest in the transaction: Prior authority to transact obtained: Yes Name: A Gildenhuys Designation: Prescribed Officer Date of transaction: 18 March 2024 Total number of shares: 32 818 Nature of transaction: Acceptance of Sanlam Ltd shares representing the deferred bonus component of the 2023 performance bonus award. Release of these shares on 31 March 2027 is subject to pre-determined conditions. On Market/Off market trade: Off market Market Value per share: R nil Total transaction value: R nil (Conditional value of R2 328 437.10 based on closing price of R70.95 per share on 18 March 2024) Nature and extent of the Direct beneficial director's interest in the transaction: Prior authority to transact obtained: Yes Name: M Mahlangeni Designation: Prescribed Officer Date of transaction: 18 March 2024 Total number of shares: 28 716 Nature of transaction: Acceptance of Sanlam Ltd shares representing the deferred bonus component of the 2023 performance bonus award. Release of these shares on 31 March 2027 is subject to pre-determined conditions. On Market/Off market trade: Off market Market Value per share: R nil Total transaction value: R nil (Conditional value of R2 037 400.20 based on closing price of R70.95 per share on 18 March 2024) Nature and extent of the Direct beneficial director's interest in the transaction: Prior authority to transact obtained: Yes Name: B Madikiza Designation: Prescribed Officer Date of transaction: 18 March 2024 Total number of shares: 24 614 Nature of transaction: Acceptance of Sanlam Ltd shares representing the deferred bonus component of the 2023 performance bonus award. Release of these shares on 31 March 2027 is subject to pre-determined conditions. On Market/Off market trade: Off market Market Value per share: R nil Total transaction value: R nil (Conditional value of R1 746 363.30 based on closing price of R70.95 per share on 18 March 2024) Nature and extent of the Direct beneficial director's interest in the transaction: Prior authority to transact obtained: Yes Name: K Mkhize Designation: Prescribed Officer Date of transaction: 18 March 2024 Total number of shares: 26 665 Nature of transaction: Acceptance of Sanlam Ltd shares representing the deferred bonus component of the 2023 performance bonus award. Release of these shares on 31 March 2027 is subject to pre-determined conditions. On Market/Off market trade: Off market Market Value per share: R nil Total transaction value: R nil (Conditional value of R1 891 881.75 based on closing price of R70.95 per share on 18 March 2024) Nature and extent of the Direct beneficial director's interest in the transaction: Prior authority to transact obtained: Yes Name: K Socikwa Designation: Prescribed Officer Date of transaction: 18 March 2024 Total number of shares: 22 563 Nature of transaction: Acceptance of Sanlam Ltd shares representing the deferred bonus component of the 2023 performance bonus award. Release of these shares on 31 March 2027 is subject to pre-determined conditions. On Market/Off market trade: Off market Market Value per share: R nil Total transaction value: R nil (Conditional value of R1 600 844.85 based on closing price of R70.95 per share on 18 March 2024) Nature and extent of the Direct beneficial director's interest in the transaction: Prior authority to transact obtained: Yes Name: C Roothman Designation: Prescribed Officer Date of transaction: 18 March 2024 Total number of shares: 35 895 Nature of transaction: Acceptance of Sanlam Ltd shares representing the deferred bonus component of the 2023 performance bonus award. Release of these shares on 31 March 2027 is subject to pre-determined conditions. On Market/Off market trade: Off market Market Value per share: R nil Total transaction value: R nil (Conditional value of R2 546 750.25 based on closing price of R70.95 per share on 18 March 2024) Nature and extent of the Direct beneficial director's interest in the transaction: Prior authority to transact obtained: Yes Name: T Mabaso Designation: Prescribed Officer Date of transaction: 18 March 2024 Total number of shares: 24 614 Nature of transaction: Acceptance of Sanlam Ltd shares representing the deferred bonus component of the 2023 performance bonus award. Release of these shares on 31 March 2027 is subject to pre-determined conditions. On Market/Off market trade: Off market Market Value per share: R nil Total transaction value: R nil (Conditional value of R1 746 363.30 based on closing price of R70.95 per share on 18 March 2024) Nature and extent of the Direct beneficial director's interest in the transaction: Prior authority to transact obtained: Yes Name: S Bray Designation: Prescribed Officer Date of transaction: 18 March 2024 Total number of shares: 16 409 Nature of transaction: Acceptance of Sanlam Ltd shares representing the deferred bonus component of the 2023 performance bonus award. Release of these shares on 31 March 2027 is subject to pre-determined conditions. On Market/Off market trade: Off market Market Value per share: R nil Total transaction value: R nil (Conditional value of R1 164 218.55 based on closing price of R70.95 per share on 18 March 2024) Nature and extent of the Direct beneficial director's interest in the transaction: Prior authority to transact obtained: Yes Name: C van Dyk Designation: Prescribed Officer Date of transaction: 18 March 2024 Total number of shares: 24 614 Nature of transaction: Acceptance of Sanlam Ltd shares representing the deferred bonus component of the 2023 performance bonus award. Release of these shares on 31 March 2027 is subject to pre-determined conditions. On Market/Off market trade: Off market Market Value per share: R nil Total transaction value: R nil (Conditional value of R1 746 363.30 based on closing price of R70.95 per share on 18 March 2024) Nature and extent of the Direct beneficial director's interest in the transaction: Prior authority to transact obtained: Yes Bellville 19 March 2024 Sponsor The Standard Bank of South Africa Limited Debt sponsor to Sanlam Life Insurance Limited Rand Merchant Bank, a division of FirstRand Bank Limited Date: 19-03-2024 05:30:00 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. 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