Dealings in securities SANTAM LIMITED (Incorporated in the Republic of South Africa) Registration number: 1918/001680/06 (JSE Share Code: SNT & ISIN: ZAE000093779) NSX share code: SNM (‘Santam’) DEALINGS IN SECURITIES In compliance with the JSE Limited Listings and Debt Listings Requirements, the following information is disclosed: Name of director : Lize Lambrechts Category of director : Executive Director Date of transaction : 15 December 2020 Total number of units : 17 724 Market Value per share : R242.46 Total deemed value : R4 297 361.04 Price paid at acceptance : R0.00 Nature of interest : Direct Beneficial Class of shares : Ordinary Nature of transaction : Off Market Acceptance of a conditional undertaking under the Deferred Share Plan and Performance Deferred Share Plan to receive fully paid-up shares in future should certain pre-determined retention and performance hurdles be met. Period of vesting : 40% in 2023; 30% in 2024 and 30% in 2025 Pre – Approval Obtained : Yes Name of director : Hendrik David Nel Category of director : Executive Director Date of transaction : 15 December 2020 Total number of units : 22 004 Market Value per share : R242.46 Total deemed value : R5 335 089.84 Price paid at acceptance : R0.00 Nature of interest : Direct Beneficial Class of shares : Ordinary Nature of transaction : Off Market Acceptance of a conditional undertaking under the Deferred Share Plan and Performance Deferred Share Plan to receive fully paid-up shares in future should certain pre- determined retention and performance hurdles be met. Period of vesting : 40% in 2023; 30% in 2024 and 30% in 2025 Pre – Approval Obtained : Yes Person’s name : Masood Allie Category of person : Company secretary Date of transaction : 15 December 2020 Total number of units : 1 444 Market Value per share : R242.46 Total deemed value : R350 112.24 Price paid at acceptance : R0.00 Nature of interest : Direct Beneficial Class of shares : Ordinary Nature of transaction : Off Market Acceptance of a conditional undertaking under the Deferred Share Plan to receive fully paid-up shares in future should certain pre-determined retention and performance hurdles be met. Period of vesting : 40% in 2023; 30% in 2024 and 30% in 2025 Pre – Approval Obtained : Yes Cape Town 15 December 2020 Sponsor: Investec Bank Limited Date: 15-12-2020 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.