Enhanced Investments - Financial Portal

Availability of the Annual Financial Statements of Sanlam Life for the year ended 31 December 2024

Published: 2025-03-07 10:31:19 ET

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


               AVAILABILITY OF THE ANNUAL FINANCIAL STATEMENTS OF SANLAM LIFE FOR THE YEAR ENDED 31
               DECEMBER 2024

               In accordance with paragraph 6.7 of the JSE Limited Debt and Specialist Securities Listings Requirements,
               noteholders are advised that the annual financial statements of Sanlam Life, for the year ended 31
               December 2024 are available for inspection through a secure electronic manner at the election of the
               person requesting inspection.

               Noteholders are also advised that the audit report on the financial statements of the Issuer is unqualified
               with no modifications applicable.

               Furthermore, the Issuer would like to advise noteholders that the financial statements contain
               restatements to previously published 31 December 2023 annual financial statements due to the
               reclassification of collateral provided including initial margins as well collateral received from cash and
               cash equivalents to trading assets and liabilities respectively. Noteholders are referred to note 39 of the
               financial statements for full details of the restatements.

               The annual financial statements of Sanlam Life have also been made available on their website at:
               https://www.sanlam.com/downloads/sanlam-life-insurance-limited-annual-financial-
               statements/2024/Sanlam-Life-Annual-Report-2024.pdf



               7 March 2025

               Debt sponsor: The Standard Bank of South Africa Limited




                2 Strand Road, Bellville, South Africa                                               T   +27 (0) 21 916 5000 or
                PO Box 1, Sanlamhof 7532, South Africa                                                   0860 726 526
                                                                                                     E   life@sanlam.co.za


                Sanlam Life Insurance Limited Reg no 1998/021121/06
                Licensed Life Insurer, Financial Services and Registered Credit Provider (NCRCP43)
                Refer to the Sanlam website for directors and company secretary details.             www.sanlam.co.za
SCHQ 03/2023

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

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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.