SANLAM LIFE INSURANCE LIMITED (registration number 1998/021121/06) JSE Bond Issuer Code: BISLI (the Company) NOTICE OF UPDATE TO THE INFORMATION STATEMENT Noteholders are advised that the Company has updated the information statement in respect of its ZA6,000,000,000 Subordinated Term Note Programme (the Information Statement) in compliance with the JSE Limited Debt Listings Requirements. The updates to the Information Statement primarily relate to: 1. the amendment of outdated corporate information such as the board of directors of the Company; and 2. the inclusion and update of certain information required by the JSE Debt Listings Requirements such as the composition of the board of directors of the Company, material risks relating to the Company’s business as well as its compliance with the King Report on Corporate Governance in South Africa, 2016, amongst others. The updated Information Statement is available on the Company’s website at http://sanl.am/SLIS23. Belville 4 October 2023 Debt Sponsor Absa Bank Limited (acting through its Corporate and Investment Banking division)