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Cautionary Announcement

Published: 2021-12-22 07:00:00 ET
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Sanlam Limited (JSE:SLM) News - Cautionary Announcement

Sanlam Limited
(Incorporated in the Republic of South Africa)
Registration number 1959/001562/06
ISIN: ZAE000070660
JSE / A2X share code: SLM
NSX share code: SLA
(“Sanlam”)

CAUTIONARY ANNOUNCEMENT

Shareholders are advised that Sanlam and Allianz SE are exploring various
strategic alternatives in relation to their respective African business
units (excluding South Africa). If these strategic alternatives result in a
transaction which is successfully concluded, it may have a material
effect on the price of Sanlam’s securities. Accordingly, shareholders are
advised to exercise caution when dealing in Sanlam's securities until a
further announcement in this regard is made.

Bellville
22 December 2021

Enquiries
Sanlam Investor Relations
Phone: +27 21 947 8455
Email: ir@sanlam.co.za

Financial adviser and Transaction Sponsor to Sanlam
J.P. Morgan

Legal adviser to Sanlam
Webber Wentzel

Date: 22-12-2021 09:00:00
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