SANTAM LIMITED - The Results of the 2026 Annual General Meeting of Santam Limited

The Results of the 2026 Annual General Meeting of Santam Limited

SANTAM LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1918/001680/06
LEI: 37890092DC55C7D94B35
JSE Share Code: SNT & ISIN: ZAE000093779
A2X Share Code: SNT
NSX Share Code: SNM
Bond Company Code: BISAN
("Santam" or the Company" or "the Group")

THE RESULTS OF THE 2026 ANNUAL GENERAL MEETING OF SANTAM LIMITED

Shareholders and noteholders are herewith reminded of the Company's annual general meeting ("AGM"),
that was held entirely by electronic communication on Friday, 05 June 2026 at 14H00 SA time.

Notably to highlight, is that all the Ordinary Resolutions and the Special Resolutions that were proposed in
Santam's Notice of its AGM that was published on 13 March 2026, were passed by the requisite majority of
votes of shareholders represented at the AGM.

The Company's voting results can be summarised as follows:


                                              VOTES            VOTES             VOTES              TOTAL
LIST OF RESOLUTIONS
                                                FOR          AGAINST         ABSTAINED              VOTES

A. ORDINARY RESOLUTIONS
Ordinary Resolution No. 1:               97,022,107                -           146,242         97,022,107
To re-appoint KPMG as the
Company's independent external
auditor for the 2025 financial year.           100%            0.00%             0.13%             84.27%

Ordinary Resolution No. 2:
To individually elect and appoint the
following additional independent
non-executive directors:
2.1 Mr Richard Wainwright                96,964,655           57,452           146,242         97,022,107
    (Independent Non-Executive
    director)                                99.94%            0.06%             0.13%             84.27%
2.2 Mr Robert Stuchbery                  96,897,380          124,727           146,242         97,022,107
    (Independent Non-Executive
    director)                                99.87%            0.13%             0.13%             84.27%

Ordinary Resolution No. 3:
To individually re-elect the
following non-executive directors
who were retiring by rotation:

3.1 Mr Monwabisi Fandeso                 96,378,586          643,521           146,242         97,022,107                        
    (Independent Non-Executive
    director)                                99.34%            0.66%             0.13%             84.27%
3.2 Ms Deborah Loxton                    96,382,675          639,432           146,242         97,022,107                     
    (Independent Non-Executive
    director)                                99.34%            0.66%             0.13%            84.27 %
3.3 Ms Abigail Mukhuba                   96,935,203           86,904           146,242         97,022,107                
    (Non-Executive director)                 99.91%            0.09%             0.13%             84.27%                               
3.4 Mr Mlondolozi Mahlangeni             96,915,838          106,269           146,242         97,022,107                            
    (Non-Executive director)                 99.89%            0.11%             0.13%             84.27%
                            
Ordinary Resolution No. 4:
To individually re-elect and re-
appoint the following independent
non-executive directors of the
Company, as members of the Audit
Committee:
4.1 Mr Monwabisi Fandes                  96,394,677          627,430           146,242         97,022,107                       
    (Independent Non-Executive
    director)                                99.35%            0.65%             0.13%             84.27%            
4.2 Ms Deborah Loxton                    96,382,675          639,432           146,242         97,022,107                     
    (Independent Non-Executive               99.34%            0.66%             0.13%             84.27%
    director)                             
4.3 Mr Richard Wainwright                96,964,655           57,452           146,242         97,022,107                         
    (Independent Non-Executive               99.94%            0.06%             0.13%             84.27%
    director)
                             
Ordinary Resolution No. 5:
To individually re-elect and re-
appoint the following directors of
the Company as members of the
Social, Ethics and Sustainability
Committee

5.1 Ms Caroline da Silva                 96,995,189           26,918           146,242          97,022,107
   (Independent Non-Executive
   director)                                 99.97%            0.03%             0.13%              84.27%
5.2 Mr Junior Ngulube
                                         96,964,655           57,452           146,242          97,022,107
   (Independent Non-Executive
   director)                                 99.94%            0.06%             0.13%              84.27%
5.3 Ms Lucia Swartz
                                         97,003,019           19,088           146,242          97,022,107
   (Independent Non-Executive
   director)
                                             99.98%            0.02%             0.13%              84.27%
5.4 Mr Tavaziva Madzinga
                                         96,962,448           59,659           146,242          97,022,107
    (Executive director)
                                             99.94%            0.06%             0.13%              84.27%
Ordinary Resolution No. 6:
To cast a non-binding advisory vote
on the Company's Remuneration
Policy and its Remuneration
Implementation Report
6.1 Non-binding advisory vote on         80,897,152       16,124,955           146,242          97,022,107
the Company's Remuneration
Policy                                       83.38%           16.62%             0.13%              84.27%
6.2. Non-binding advisory vote on
                                         83,319,643       13,702,464           146,242          97,022,107
the Company's Remuneration
Implementation Report
                                             85.88%           14.12%             0.13%              84.27%
Ordinary Resolution No. 7:
To place unissued shares under the       93,489,736        3,532,371           146,242          97,022,107
control of the directors
                                             96.36%            3.64%             0.13%              84.27%
Ordinary Resolution No. 8:
                                         93,487,687        3,534,420           146,242          97,022,107
To grant to the directors the general
authority to issue shares for cash           96.36%            3.64%             0.13%              84.27%
Ordinary Resolution No. 9:               97,020,218            1,889           146,242          97,022,107
To authorise any director of the
Company and, where applicable,
the Group Company Secretary, to
implement the aforesaid Ordinary-           100.00%            0.00%            0.13%               84.27%
and    undermentioned    Special

Resolutions
B. SPECIAL RESOLUTIONS
Special Resolution No. 1:                96,202,301          819,806          146,242            97,022,107
To approve the remuneration of the
non-executive directors of the
Company for their services for the
                                             99.16%           0.84%             0.13%                84.27%
period 01 July 2026 to 30 June
2027
Special Resolution No. 2:
To grant authority to the Company,       95,568,788       1,451,112           148,449            97,019,900
or a subsidiary of the Company, to
acquire the Company's shares                 98.50%           1.50%             0.13%                84.27%

Special Resolution No. 3:
To grant a general authority to          94,365,658       2,656,449           146,242            97,022,107
provide financial assistance in
terms of section 44 of the                   97.26%           2.74%             0.13%                84.27%
Companies Act (as amended).
Special Resolution No. 4:
To grant a general authority to          94,365,658       2,656,449           146,242            97,022,107
provide financial assistance in
terms of section 45 of the
Companies Act (as amended)                   97.26%           2.74%             0.13%                84.27%


Nota Bene:

a) The total number of shares that could be exercised at the meeting was 115,131,417.
b) The total number of shares present/represented at the meeting (including proxies), as a percentage
   (%) of the voteable shares was 84.40%.
c) The total number of shares present/represented at the meeting (including proxies) was 97,168,349
d) The percentage of shares voted for and against each resolution is calculated in relation to the number
   of shares represented at the AGM.
e) The percentage of shares abstained, and the total votes, is calculated in relation to the total number
   of shares that could be exercised at the meeting.


CAPE TOWN
08 June 2026

Equity and Debt Sponsor: Investec Bank Limited
NSX Sponsor to Santam: Simonis Storm Securities (Pty) Ltd
(A member of the Namibian Securities Exchange)

Date: 08-06-2026 12:00:00
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