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”)

Sanlam Life Insurance Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1998/021121/06)
Bond Issuer Code: SMT1
(“Sanlam Life”)


Directors and prescribed officers dealings in Sanlam securities

In compliance with paragraph 3.63 – 3.66 of the Listings
Requirements of the JSE Limited, we hereby advise the following
dealings by executive directors and prescribed officers in
Sanlam securities:



Name:                             A M Mukhuba
Designation:                      Executive Director
Date of transaction:              25 April 2023
Total number of shares:           121 075
Total transaction value:          R nil (Conditional value of R6 667
                                  600.25 based on closing price of
                                  R55.07 per share on 25 April 2023)
Nature and extent of the          Direct beneficial
director’s interest in the
transaction:
Class of securities:              Ordinary shares
Nature of transaction:            Transfer of Sanlam ordinary shares
                                  due for release under the Restricted
                                  Share Plan to the Sanlam Minimum
                                  Shareholder Requirement Plan (MSRP)
                                  following the pledge of these shares
                                  to the Sanlam MSRP
On market/Off market trade:       Off market
Prior authority to transact
obtained:                         Yes

Name:                             H C Werth
Designation:                      Executive Director
Date of transaction:              25 April 2023
Total number of shares:           9 631
Market value per share:           R55.46
Total transaction value:      R534 135.26
Nature and extent of the      Direct beneficial
director’s interest in the
transaction:
Class of securities:          Ordinary shares
Nature of transaction:        On market sale of Sanlam ordinary
                              shares under Restricted Share Plan
                              to meet income tax obligations on
                              vesting of shares
On market/Off market trade:   On market
Prior authority to transact
obtained:                     Yes


Name:                         A Gildenhuys
Designation:                  Prescribed Officer
Date of transaction:          25 April 2023
Total number of shares:       78 874
Total transaction value:      R nil (Conditional value of R4 343
                              591.18 based on closing price of
                              R55.07 per share on 25 April 2023)
Nature and extent of the      Direct beneficial
director’s interest in the
transaction:
Class of securities:          Ordinary shares
Nature of transaction:        Transfer of Sanlam ordinary shares
                              due for release under the Restricted
                              Share Plan to the Sanlam Minimum
                              Shareholder Requirement Plan (MSRP)
                              following the pledge of these shares
                              to the Sanlam MSRP
On market/Off market trade:   Off market
Prior authority to transact
obtained:                     Yes



Name:                         K Socikwa
Designation:                  Prescribed Officer
Date of transaction:          25 April 2023
Total number of shares:       4 151
Market value per share:       R55.46
Total transaction value:      R230 214.46
Nature and extent of the      Direct beneficial
director’s interest in the
transaction:
Class of securities:          Ordinary shares
Nature of transaction:        On market sale of Sanlam ordinary
                              shares under the Restricted Share
                              Plan to meet income tax obligations
                              on vesting of shares
On market/Off market trade:       On market
Prior authority to transact
obtained:                         Yes



Name:                             S Bray
Designation:                      Prescribed Officer
Date of transaction:              25 April 2023
Total number of shares:           9 199
Market value per share:           R55.46
Total transaction value:          R510 176.54
Nature and extent of the          Direct beneficial
director’s interest in the
transaction:
Class of securities:              Ordinary shares
Nature of transaction:            On market sale of Sanlam ordinary
                                  shares under the Restricted Share
                                  Plan to meet income tax obligation
                                  on vesting of shares and diversify
                                  investment portfolio
On market/Off market trade:       On market
Prior authority to transact
obtained:                         Yes


Bellville
28 April 2023

Sponsor
The Standard Bank of South Africa Limited

Debt Sponsor to Sanlam Life Insurance Limited
Absa Bank Limited, acting through its Corporate and Investment
Banking division