Dealings by shareholder approved Share Incentive Scheme 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”) Dealings by shareholder approved Share Incentive Scheme in Sanlam Securities In compliance with paragraph 3.92 of the Listings Requirements of the JSE Limited, we hereby advise the following dealings by trustees in Sanlam securities on behalf of the Sanlam Limited Share Incentive Trust for which prior authority to transact was obtained: Name of scheme: Sanlam Limited Share Incentive Trust Nature of transaction: On-market purchase of ordinary shares in Sanlam Limited Nature of agreement: Purchase of ordinary shares for future delivery to nominated participants under shareholder approved Deferred Share Plan and Performance Deferred Share Plan (long-term incentive scheme plans) Date of transaction: 11 June 2019 Total number of shares: 1 130 500 VWAP price per share: R78.632 Highest price per share: R79.44 Lowest price per share: R77.62 Total transaction value: R88 893 476.00 Date of transaction: 12 June 2019 Total number of shares: 1 126 500 VWAP price per share: R78.5293 Highest price per share: R79.00 Lowest price per share R77.67 Total transaction value: R88 463 256.45 Bellville 14 June 2019 Sponsor The Standard Bank of South Africa Limited Date: 14/06/2019 04:31:00 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.