SANLAM LIMITED - Dealings in Securities

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: BISLI
("Sanlam Life")

Directors' dealings in Sanlam securities

In compliance with paragraphs 3.63 – 3.66 of the Listings Requirements of the JSE Limited, we
hereby advise the following dealings by executive directors in Sanlam securities:

 Name:                                                 P Hanratty
 Designation:                                          Executive Director
 Date of transaction:                                  26 March 2025
 Total number of shares:                               40 293
 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 arrangement
 On market/Off market trade:                           Off market
 Market value per share:                               R nil
 Total transaction value:                              R3 488 165.01 based on the closing price of R86.57
                                                       per share on 26 March 2025
 Nature and extent of the interest in the
 transaction:                                          Direct beneficial
 Class of securities:                                  Ordinary shares
 Prior authority to transact obtained:                 Yes

 Name:                                                 A Mukhuba
 Designation:                                          Executive Director
 Date of transaction:                                  26 March 2025
 Total number of shares:                               34 686
 Nature of transaction:                                Acceptance of Sanlam shares representing the
                                                       deferred bonus component of the 2024 performance
                                                       bonus award. Release of these shares on 27 March
                                                       2028 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 R3 002 767.02 based on
                                                       closing price of R86.57 per share on 26 March 2025)
 Nature and extent of the director's interest in the
 transaction:                                          Direct beneficial
 Class of securities:                                  Ordinary shares
 Prior authority to transact obtained:                 Yes

 Name:                                                 A Mukhuba
 Designation:                                          Executive Director
 Date of transaction:                                  26 March 2025
 Total number of shares:                               33 683
 Nature of transaction:                                Transfer of Sanlam ordinary shares due for delivery
                                                       or release under the Restricted Share Plan to the
                                                       Sanlam Minimum Shareholder Requirement Plan
                                                       (MSRP) following the pledge of these shares to the
                                                       Sanlam MSRP.
 On Market/Off market trade:                           Off market
 Market Value per share:                               R nil
 Total transaction value:                              R nil (Conditional value of R2 915 937.31 based on
                                                       closing price of R86.57 per share on 26 March 2025)
 Nature and extent of the director's interest in the
 transaction:                                          Direct beneficial
 Class of securities:                                  Ordinary shares
 Prior authority to transact obtained:                 Yes



Bellville
27 March 2025

Equity Sponsor to Sanlam
The Standard Bank of South Africa Limited

Debt sponsor to Sanlam Life
The Standard Bank of South Africa Limited

Date: 27-03-2025 04:00:00
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