About Sanlam

Sanlam Limited, through its subsidiaries, provides various financial services primarily in South Africa and internationally. The Retail cluster includes Sanlam Personal Finance and Sanlam Developing Markets. Sanlam Personal Finance provides a range of individual life insurance and personal financial services and solutions, including estate planning and trusts, home loans, personal loans, linked products, money transfer and financial services in South Africa, Namibia and the United Kingdom. Sanlam Developing Markets provides financial services solutions primarily to the entry-level market in South Africa and to the financial services segments in other developing markets in which Sanlam operates (five other African countries as well as India). The Institutional cluster includes Sanlam Investments, Sanlam Employee Benefits and Sanlam Capital Markets. Sanlam Investments incorporates Sanlam’s investment-related businesses in South Africa, the United States, Europe and Rest of Africa. Sanlam Investments’ areas of service and solutions include traditional asset management, alternative investment solutions, property asset management, collective investments (unit trusts), private client investment management and stockbroking, multi-manager management and investment administration. Sanlam Employee Benefits provides life insurance, investment and annuity solutions for group schemes and retirement funds and fund administration for retirement and umbrella funds. Sanlam Employee Benefits forms part of the Sanlam Investments cluster, focuses on the provision of risk and investment solutions, as well as administration services to institutions and retirement funds. The company offers its clients institutional investment products (market-linked investments and smoothed bonus portfolios), group life benefi ts, group disability benefi ts, cell insurance schemes, retirement fund administration, annuity solutions and an umbrella fund offering. Sanlam Capital Markets provides risk management, structured product solutions and associated capital market activities. Sanlam Capital Markets is a financial engineering business. The company focuses on risk management and structured product solutions through the use of debt and equity instruments and the harnessing of specific synergies within other businesses in the Sanlam group. The Short-term Insurance cluster consists of a 55.9% interest in Santam, the short-term insurer in South Africa. Santam focuses on the corporate, commercial and personal markets. Santam has related business interests in Africa and Europe. The company offers personal, commercial, corporate and specialist risk solutions and insures companies listed on the JSE Limited. Acquisitions In 2007, the company acquired Blue Ink Investments, which focuses on alternative investment strategies. Blue Ink also focuses on the incubation of hedge fund strategies. In 2007, the company acquired a 65% interest in Anglo African Finance, a trade and bridge financing company. In 2007, the company acquired a 100% interest in Admiral Professional Underwriting Agency. In 2007, the company acquired the 65% interest in Simeka Consultants and Actuaries. In 2007, the company acquired Simeka Employee Benefits Consulting. History Sanlam Limited was founded in 1918.