Sanlam Limited (JSE:SLM) News - SANLAM LIMITED/SANTAM LIMITED - Proposed Acquisition Of An Additional 22.8% Interest In SAHAM Assurance S.A. Sanlam Limited (Incorporated in the Republic of South Africa) Registration number 1959/001562/06 JSE share code: SLM A2X share code: SLM NSX share code: SLA ISIN: ZAE000070660 (“Sanlam”) Santam Limited Incorporated in the Republic of South Africa Registration number 1918/001680/06 ISIN: ZAE000093779 JSE share code: SNT NSX share code: SNM A2X share code: SNT (“Santam”) PROPOSED ACQUISITION OF AN ADDITIONAL 22.8% INTEREST IN SAHAM ASSURANCE S.A. (“SAHAM ASSURANCE MAROC”) Shareholders are referred to the announcement on 3 May 2021 regarding the proposed acquisition by SAN JV (RF) Proprietary Limited (“SAN JV”) of an additional 22.8% shareholding in SAHAM Assurance Maroc (“the Transaction”). Shareholders are hereby advised that the conditions precedent to the Transaction were not fulfilled and the Transaction has, accordingly, lapsed. SAN JV’s shareholding in SAHAM Assurance Maroc remains at 61.7%. Bellville 3 January 2022 Enquiries Sanlam Investor Relations Phone: +27 21 947 8455 E-mail: ir@sanlam.co.za Santam Investor Relations Phone: +27 915 8228 E-Mail: Gloria.TaponNjamo@santam.co.za Sponsor to Sanlam The Standard Bank of South Africa Limited Sponsor to Santam Investec Bank Limited Date: 03-01-2022 04:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.