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: AM Mukhuba Designation: Executive Director Date of transaction: 8 September 2023 Total number of shares: 54 864 Total transaction value: R nil (Conditional value of R3 771 900.00 based on closing price of R68.75 per share on 8 September 2023) Nature and extent of the director’s interest in the transaction: Direct beneficial 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: L Mahlangeni Designation: Prescribed Officer Date of transaction: 8 September 2023 Total number of shares: 42 597 Total transaction value: R nil (Conditional value of R2 928 543.75 based on closing price of R68.75 per share on 8 September 2023) Nature and extent of the director’s interest in the transaction: Direct beneficial 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: S Bray Designation: Prescribed Officer Date of transaction: 8 September 2023 Total number of shares: 15 355 Total transaction value: R nil (Conditional value of R1 055 656.25 based on closing price of R68.75 per share on 8 September 2023) Nature and extent of the director’s interest in the transaction: Direct beneficial 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: K Socikwa Designation: Prescribed Officer Date of transaction: 8 September 2023 Total number of shares: 27 494 Market value per share: R67.80 Total deemed value: R1 864 093.20 Nature and extent of the director’s interest in the transaction: Direct beneficial 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: K Socikwa Designation: Prescribed Officer Date of transaction: 8 September 2023 Market value per share: R67.80 Total number of shares: 12 482 Total transaction value: R846 279.60 Nature and extent of the director’s interest in the transaction: Direct beneficial 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: K Mkhize Designation: Prescribed Officer Date of transaction: 8 September 2023 Total number of shares: 32 916 Market value per share: R67.80 Total deemed value: R2 231 704.80 Nature and extent of the director’s interest in the transaction: Direct beneficial 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: K Mkhize Designation: Prescribed Officer Date of transaction: 8 September 2023 Market value per share: R67.80 Total number of shares: 32 916 Total transaction value: R2 231 704.80 Nature and extent of the director’s interest in the transaction: Direct beneficial 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: C Roothman Designation: Prescribed Officer Date of transaction: 8 September 2023 Total number of shares: 28 721 Market value per share: R67.80 Total deemed value: R1 947 283.80 Nature and extent of the director’s interest in the transaction: Direct beneficial 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: C Roothman Designation: Prescribed Officer Date of transaction: 8 September 2023 Market value per share: R67.80 Total number of shares: 28 721 Total transaction value: R1 947 283.80 Nature and extent of the director’s interest in the transaction: Direct beneficial 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: H Werth Designation: Executive Director Date of transaction: 8 September 2023 Total number of shares: 157 083 Nature of transaction: Acceptance of a conditional undertaking under the Performance Deferred Share Plan to receive fully paid-up shares in future should certain pre- determined performance hurdles be met over the period 01 June 2023 until 01 June 2028 On Market/Off market trade: Off market Market Value per share: R nil Total transaction value: R nil (Conditional value of R10 799 456.25 based on closing price of R68.75 per share on 8 September 2023) Nature and extent of the director’s interest in the transaction: Direct beneficial Prior authority to transact obtained: Yes Bellville 12 September 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