Directors and Company Secretary 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 ISIN: ZAE000070660 (“Sanlam”) Directors’ and Company Secretary 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: No.1 Name: IM Kirk Designation: Executive Director Date of transaction: 12 June 2018 Total number of shares: 138 280 Total transaction value R nil (Conditional value of R10 178 790.80 based on closing price of R73.61 per share on 12 June 2018) Retention and performance Five years period: Nature and extent of the Direct beneficial director’s interest in the transaction: Class of securities: Ordinary shares Nature of transaction: Acceptance of a conditional undertaking under the Deferred Share Plan and Performance Deferred Share Plan to receive fully paid-up shares in future should certain pre- determined performance hurdles be met over the period 01 June 2018 until 01 June 2023 On market/Off market trade: Off Market Prior authority to transact obtained: Yes No. 2 Name: HC Werth Designation: Financial Director Date of transaction: 12 June 2018 Total number of shares: 58 255 Total transaction value: R nil (Conditional value of R4 288 150.55 based on closing price of R73.61 per share on 12 June 2018) Retention and performance period Five years Nature and extent of the Direct beneficial director’s interest in the transaction: Class of securities: Ordinary shares Nature of transaction: Acceptance of a conditional undertaking under the Deferred Share Plan and Performance Deferred Share Plan to receive fully paid-up shares in future should certain pre- determined performance hurdles be met over the period 01 June 2018 until 01 June 2023 On market/Off market trade: Off Market Prior authority to transact obtained: Yes No. 3 Name: IM Kirk Designation: Executive Director Date of transaction: 12 June 2018 Total number of shares: 87 157 Total transaction value: R nil (Conditional value of R6 415 626.77 based on closing price of R73.61 per share on 12 June 2018) 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 No. 4 Name: IM Kirk Designation: Executive Director Date of transaction: 12 June 2018 Total number of shares: 24 719 Total transaction value: R nil (Conditional value of R1 819 565.59 based on closing price of R73.61 per share on 12 June 2018) Nature and extent of the Direct beneficial director’s interest in the transaction: Class of securities: Ordinary shares Nature of transaction: Acceptance of a conditional undertaking under the Restricted Share Plan of fully paid-up shares subject to certain pre-determined performance hurdles be met over the period 01 June 2018 until 01 June 2023 On market/Off market trade: Off Market Prior authority to transact obtained: Yes No. 5 Name: T Mvusi Designation: Executive Director Date of transaction: 12 June 2018 Total number of shares: 26 861 Total transaction value: R nil (Conditional value of R1 977 238.21 based on closing price of R73.61 per share on 12 June 2018) Retention and performance Five years period: Nature and extent of the Direct beneficial director’s interest in the transaction: Class of securities: Ordinary shares Nature of transaction: Acceptance of a conditional undertaking under the Deferred Share Plan and Performance Deferred Share Plan to receive fully paid-up shares in future should certain pre- determined performance hurdles be met over the period 01 June 2018 until 01 June 2023 On market/Off market trade: Off Market Prior authority to transact obtained: Yes No. 6 Name: S Bray Designation: Group Company Secretary Date of transaction: 11 June 2018 Total number of shares: 13 178 Market value per share: R73.2592 Total transaction value: R965 409.74 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 No. 7 Name: S Bray Designation: Group Company Secretary Date of transaction: 11 June 2018 Market value per share: R73.2592 Total number of shares: 13 178 Total transaction value: R965 409.74 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 No. 8 Name: S Bray Designation: Group Company Secretary Date of transaction: 12 June 2018 Total number of shares: 12 654 Total transaction value: R nil (Conditional value of R931 460.94 based on the closing price of R73.61 per share on 12 June 2018) Retention and performance Five years period: Nature and extent of the Direct beneficial director’s interest in the transaction: Class of securities: Ordinary shares Nature of transaction: Acceptance of a conditional undertaking under the Deferred Share Plan and Performance Deferred Share Plan to receive fully paid-up shares in future should certain pre- determined performance hurdles be met over the period 01 June 2018 until 01 June 2023 On market/Off market trade Off Market Prior authority to transact obtained: Yes No. 9 Name: HC Werth Designation: Financial Director Date of transaction: 11 June 2018 Total number of shares: 38 649 Market value per share: R73.4944 Total deemed value: R2 840 485.07 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 No. 10 Name: HC Werth Designation: Financial Director Date of transaction: 11 June 2018 Market value per share: R73.4944 Total number of shares: 17 502 Total transaction value: R1 286 298.99 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 On market/Off market trade On Market Prior authority to transact obtained: Yes No. 11 Name: HC Werth Designation: Financial Director Date of transaction: 11 June 2018 Market value per share: R73.68 Total number of shares: 54 169 Total transaction value: R3 991 171.92 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 No. 12 Name: T Mvusi Designation: Executive Director Date of transaction: 11 June 2018 Total number of shares: 27 430 Market value per share: R73.4944 Total deemed value: R2 015 951.39 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 No. 13 Name: T Mvusi Designation: Executive Director Date of transaction: 11 June 2018 Market value per share: R73.4944 Total number of shares: 12 421 Total transaction value: R912 873.94 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 On market/Off market trade On Market Prior authority to transact obtained: Yes No. 14 Name: T Mvusi Designation: Executive Director Date of transaction: 11 June 2018 Market value per share: R73.68 Total number of shares: 9 417 Total transaction value: R693 844.56 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 14 June 2018 Sponsor Deutsche Securities (SA) Proprietary Limited Date: 14/06/2018 03:30:00 Produced by the JSE SENS Department. 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