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 number 1998/021121/06 Bond issuer code: BISLI 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: H C Werth Designation: Executive Director Date of transaction: 13 June 2023 Total number of shares: 72 915 Total transaction value: R nil (Conditional value of R4 355 942.10 based on closing price of R59.74 per share on 13 June 2023) Nature and extent of the director’s interest Direct beneficial in the transaction: Class of securities: Ordinary shares Nature of transaction: Transfer of Sanlam ordinary shares due for delivery or release under the Deferred/Performance Share Plans 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: A Gildenhuys Designation: Prescribed Officer Date of transaction: 13 June 2023 Total number of shares: 52 444 Total transaction value: R nil (Conditional value of R3 133 004.56 based on closing price of R59.74 per share on 13 June 2023) Nature and extent of the director’s interest Direct beneficial in the transaction: Class of securities: Ordinary shares Nature of transaction: Transfer of Sanlam ordinary shares due for delivery or release under the Deferred/Performance Share Plans 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: B Madikiza Designation: Prescribed Officer Date of transaction: 12 June 2023 Total number of shares: 34 851 Market value per share: R58.96 Total deemed value: R2 054 814.96 Nature and extent of the director’s interest Direct beneficial in the transaction: Class of securities: Ordinary shares Nature of transaction: Delivery of Sanlam ordinary shares under Deferred and Performance Share Plans On market/Off market trade: Off market Prior authority to transact obtained: Yes Name: B Madikiza Designation: Prescribed Officer Date of transaction: 12 June 2023 Market value per share: R58.96 Total number of shares: 34 851 Total transaction value: R2 054 814.96 Nature and extent of the director’s interest Direct beneficial in the transaction: Class of securities: Ordinary shares Nature of transaction: Sale of Sanlam ordinary shares under Deferred and Performance Share Plans to meet income tax obligations on vesting of shares and diversify investment portfolio On market/Off market trade: On market Prior authority to transact obtained: Yes Name: T Mabaso Designation: Prescribed Officer Date of transaction: 12 June 2023 Total number of shares: 18 383 Market value per share: R58.96 Total deemed value: R 1 083 861.68 Nature and extent of the director’s interest Direct beneficial in the transaction: Class of securities: Ordinary shares Nature of transaction: Delivery of Sanlam ordinary shares under Deferred and Performance Share Plans On market/Off market trade: Off market Prior authority to transact obtained: Yes Name: T Mabaso Designation: Prescribed Officer Date of transaction: 12 June 2023 Market value per share: R58.96 Total number of shares: 18 383 Total transaction value: R1 083 861.68 Nature and extent of the director’s interest Direct beneficial in the transaction: Class of securities: Ordinary shares Nature of transaction: Sale of Sanlam ordinary shares under Deferred and Performance Share Plans to meet income tax obligations on vesting of shares and diversify investment portfolio On market/Off market trade: On market Prior authority to transact obtained: Yes Bellville 14 June 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