Enhanced Investments - Financial Portal

Resignation of Executive Director

Published: 2023-12-29 13:00:28 ET

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” or “the Company”)


Sanlam Life Insurance Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1998/021121/06)
LEI: 378900E10332DF012A23
Bond Issuer Code: BISLI
(“Sanlam Life”)


RESIGNATION OF EXECUTIVE DIRECTOR
In accordance with paragraphs 3.59 and 6.39 of the JSE Limited (“JSE”) Listings and Debt Listings
Requirements, following the successful completion of the SanlamAllianz transaction to form the
SanlamAllianz JV (“SAZ JV”), the leading Pan-African insurance business, Mr. Heinie Werth has been
appointed as CEO of SAZ JV. Mr Werth is therefore stepping down from both the Sanlam and Sanlam
Life Boards as an executive director with effect from 31 December 2023 to focus on management of
the SAZ JV on behalf of Sanlam and Allianz.

The Sanlam and Sanlam Life Boards have expressed its deep gratitude to Heinie Werth for his service
and for 25 years at Sanlam, where he has had a distinguished career including serving inter alia as
Group Finance Director and as CEO of Sanlam Emerging Markets. The Board wishes Mr. Werth the
best for his new role in driving the SAZ JV on the continent.



Bellville
29 December 2023


Equity Sponsor to Sanlam
The Standard Bank of South Africa Limited

Debt Sponsor to Sanlam Life Insurance Limited
Rand Merchant Bank, a division of FirstRand Bank Limited




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329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.