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 A2X share code: SLM 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: Name: IM Kirk Designation: Executive Director Date of transaction: 13 June 2019 Total number of shares: 109 469 Total transaction value: R nil (Conditional value of R8 538 582.00 based on closing price of R78.00 per share on 13 June 2019) 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 2019 until 01 June 2024 On market/Off market trade: Off market Prior authority to transact obtained: Yes Name: HC Werth Designation: Financial Director Date of transaction: 13 June 2019 Total number of shares: 49 039 Total transaction value: R nil (Conditional value of R3 825 042.00 based on closing price of R78.00 per share on 13 June 2019) 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 2019 until 01 June 2024 On market/Off market trade: Off market Prior authority to transact obtained: Yes Name: IM Kirk Designation: Executive Director Date of transaction: 12 June 2019 Total number of shares: 74 775 Total transaction value: R nil (Conditional value of R5 907 225.00 based on closing price of R79.00 per share on 12 June 2019) 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 Name: H C Werth Designation: Financial Director Date of transaction: 12 June 2019 Total number of shares: 18 000 Total transaction value: R nil (Conditional value of R1 422 000.00 based on closing price of R79.00 per share on 12 June 2019) 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 Name: T Mvusi Designation: Executive Director Date of transaction: 13 June 2019 Total number of shares: 28 694 Total transaction value: R nil (Conditional value of R2 238 132.00 based on closing price of R78.00 per share on 13 June 2019) 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 2019 until 01 June 2024 On market/Off market trade: Off market Prior authority to transact obtained: Yes Name: S Bray Designation: Group Company Secretary Date of transaction: 11 June 2019 Total number of shares: 11 423 Market value per share: R78.52 Total deemed value: R896 933.96 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 Name: S Bray Designation: Group Company Secretary Date of transaction: 11 June 2019 Market value per share: R78.52 Total number of shares: 11 423 Total transaction value: R896 933.96 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 Name: S Bray Designation: Group Company Secretary Date of transaction: 13 June 2019 Total number of shares: 12 912 Total transaction value: R nil (Conditional value of R1 007 136.00 based on the closing price of R78.00 per share on 13 June 2019) 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 2019 until 01 June 2024 On market/Off market trade: Off market Prior authority to transact obtained: Yes Name: HC Werth Designation: Financial Director Date of transaction: 11 June 2019 Total number of shares: 13 395 Market value per share: R78.52 Total deemed value: R1 051 775.40 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 Name: HC Werth Designation: Financial Director Date of transaction: 11 June 2019 Market value per share: R78.52 Total number of shares: 6 055 Total transaction value: R475 438.60 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 Name: HC Werth Designation: Financial Director Date of transaction: 11 June 2019 Market value per share: R78.52 Total number of shares: 16 974 Total transaction value: R1 332 798.48 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 Name: T Mvusi Designation: Executive Director Date of transaction: 12 June 2019 Total number of shares: 21 936 Total transaction value: R nil (Conditional value of R1 732 944.00 based on closing price of R79.00 per share on 12 June 2019) 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 Name: T Mvusi Designation: Executive Director Date of transaction: 11 June 2019 Market value per share: R78.52 Total number of shares: 8 487 Total transaction value: R666 399.24 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 2019 Sponsor The Standard Bank of South Africa Limited Date: 14/06/2019 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.