SANTAM LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1918/001680/06
Company code: BISAN
LEI: 37890092DC55C7D94B35
JSE Share Code: SNT & ISIN: ZAE000093779
NSX Share Code: SNM
Bond code: SNT08 ISIN: ZAG000219270
Bond code: SNT09 ISIN: ZAG000219262
(“Santam”)


LISTING OF NEW FINANCIAL INSTRUMENTS

Santam hereby notifies noteholders that the JSE Limited has granted the listing of its SNT08 and
SNT09 Unsecured Subordinated Floating Rate Notes effective 06 October 2025, in terms of its
Unsecured Subordinated Callable Note Programme dated 10 December 2020.


    Debt Security Code:                       SNT08

    ISIN:                                     ZAG000219270

    Type of Debt Security:                    Floating Rate Notes

    Nominal Amount Issued:                    ZAR 1,530,000,000

    Coupon Rate:                              3 Month ZAR-JIBAR plus 120 basis points

    Maturity Date:                            06 October 2030



    Debt Security Code:                       SNT09

    ISIN:                                     ZAG000219262

    Type of Debt Security:                    Floating Rate Notes

    Nominal Amount Issued:                    ZAR 470,000,000

    Coupon Rate:                              3 Month ZAR-JIBAR plus 129 basis points

    Maturity Date:                            06 October 2032



    Issue Date:                               06 October 2025

    Issue Price:                              100%

    Interest Commencement Date:               06 October 2025
    Interest Determination Date(s):       The first Business Day of each Interest Period,
                                          with the first Interest Rate Determination Date
                                          being 01 October 2025

    First Interest Payment Date:          06 January 2026

    Interest Payment Date(s):             06 January, 06 April, 06 July and 06 October, of
                                          each year until the Maturity Date, or, if such day
                                          is not a Business Day, the Business Day on
                                          which interest will be paid, as determined in
                                          accordance with the Applicable Business Day
                                          Convention (as specified in this Applicable
                                          Pricing Supplement)

    Last Day to Register:                 By 17h00 on 31 March, 30 June, 30 September
                                          and 31 December, in each year until the
                                          Maturity Date, or if such day is not a Business
                                          Day, the Business Day before each Books
                                          Closed Period

    Books Close:                          The Register will be closed from 01 January to
                                          05 January, from 01 April to 05 April, from
                                          01 July to 05 July and from 01 October to
                                          05 October (all dates inclusive) in each year
                                          until the Maturity Date

    Business Day Convention:              Following Business Day

    Final Maturity Amount:                100% of the Nominal Amount

    Other:                                The pricing supplement does not contain
                                          additional terms and conditions or changes to
                                          the terms and conditions as contained in the
                                          Programme

    Summary of Additional Terms:          Not Applicable

    Programme Amount:                     ZAR 5,000,000,000.00

    Total Notes in Issue Under Programme: ZAR 5,000,000,000.00 inclusive of these
                                          issuances of notes

    Dealer:                               Absa Bank Limited, acting through its
                                          Corporate and Investment Banking Division


CAPE TOWN
03 October 2025

Debt Sponsor:
Investec Bank Limited