SANTAM LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1918/001680/06
JSE Share Code: SNT & ISIN: ZAE000093779
NSX share code: SNM
JSE Bond Company Code: BISAN
(‘Santam’)

DEALINGS IN SECURITIES BY AN EXECUTIVE DIRECTOR

In compliance with the JSE Limited Listings and Debt Listings Requirements, the following information is
disclosed:

Name of director        : Lizé Lambrechts
Category of director    : Executive Director of Santam
Date of transaction     : 30 June 2022
Total number of units : 12 265
Market Value per share : R251.19
Total deemed value      : R3 080 845.35
Price paid at acceptance: R0.00
Nature of interest      : Direct Beneficial
Class of shares         : Ordinary
Nature of transaction : Off market transfer of Santam ordinary shares under the Santam Deferred Share
                          Plan following her retirement on 30 June 2022
Pre – Approval Obtained: Yes


Name of director       : Lizé Lambrechts
Category of director   : Executive Director of Santam
Date of transaction    : 30 June 2022
Total number of units  : 5 568
Share price            : R251.19
Transaction value      : R1 398 625.92
Nature of interest     : Direct Beneficial
Class of shares        : Ordinary
Nature of transaction  : On market sale of Santam ordinary shares to meet income tax obligations on
                        vesting of shares
Pre – Approval Obtained: Yes


Name of director        : Lizé Lambrechts
Category of director    : Executive Director of Santam
Date of transaction     : 30 June 2022
Total number of units : 22 324
Market Value per share : R251.71
Total deemed value      : R5 619 174.04
Price paid at acceptance: R0.00
Nature of interest      : Direct Beneficial
Class of shares         : Ordinary
Nature of transaction : Off market transfer of fully paid up Santam shares in terms of a restraint of
                          trade agreement concluded in June 2022. These shares are subject to
                          certain restrictions
Period of vesting        : 100% in 12 months, subject to adherence to the restrictions
Pre – Approval Obtained: Yes
Name of director        : Lizé Lambrechts
Category of director    : Executive Director of Santam
Date of transaction     : 30 June 2022
Total number of units : 41 921
Market Value per share : R251.01
Total deemed value      : R10 522 590.21
Price paid at acceptance: R0.00
Nature of interest      : Direct Beneficial
Class of shares         : Ordinary
Nature of transaction : Off market transfer of Santam ordinary shares from Santam Minimum
                          Shareholding Requirement Plan (“MSRP”) account following her retirement on 30
                          June 2022
Pre – Approval Obtained: Yes

Name of director       : Lizé Lambrechts
Category of director   : Executive Director of Santam
Date of transaction    : 30 June 2022
Total number of units  : 19 032
Share price            : R251.01
Transaction value      : R4 777 222.32
Nature of interest     : Direct Beneficial
Class of shares        : Ordinary
Nature of transaction  : On market sale of Santam ordinary shares to meet income tax obligations on
                          release of shares from MSRP
Pre – Approval Obtained : Yes



Cape Town
1 July 2022

Sponsor: Investec Bank Limited
Debt sponsor: Rand Merchant Bank, a division of FirstRand Bank Limited