Director’s 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”) Director’s 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 a director in Sanlam securities: Name: Abigail Mukhuba Designation: Financial Director Date of transaction: 20 October 2020 Total number of shares: 138 826 Total transaction value: Rnil (Conditional value of R6 870 498.74 based on closing price of R49.49 per share on 20 October 2020) 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 On market/Off market trade: Off market Prior authority to transact obtained: Yes Name: Abigail Mukhuba Designation: Financial Director Date of transaction: 20 October 2020 Total number of shares: 121 075 Total transaction value: Rnil (Conditional value of R5 992 001.75 based on closing price of R49.49 per share on 20 October 2020) Retention and performance Two 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 award of Sanlam shares subject to retention and individual performance conditions. On market/Off market trade: Off market Prior authority to transact obtained: Yes Bellville 21 October 2020 Sponsor The Standard Bank of South Africa Limited Date: 21-10-2020 03:00:00 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.