Sanlam Foundation Annual Report 2025

development view SanlamAllianz (SAZ) forms an integral part of the group’s social development landscape. While the Sanlam Foundation is not operationally responsible for SAZ programmes, we have oversight through SIAC, ensuring visibility of their developmental activities across Africa and early alignment with Sanlam’s broader social impact ambitions. As group reporting matures, so too will our ability to reflect SAZ’s contribution in a more integrated and holistic manner within the single view. Together, this co-ordinated approach strengthens the integrity, coherence and transparency of Sanlam’s overall social development contribution – helping us demonstrate how, across the group, we enable people and communities to live with confidence. Under the leadership of the Social Impact and Advisory Council (SIAC) — which the Head of the Foundation chairs — the group is strengthening its ability to understand, co-ordinate and report on the full extent of Sanlam’s social development footprint across the African continent. This work reflects our expanded mandate to provide a group-wide leadership view of social development, ensuring greater coherence, alignment and visibility across all initiatives delivered by Sanlam businesses, countries and partners. • The breadth and diversity of our developmental work across the group. • How our collective initiatives reinforce Sanlam’s purpose and sustainability strategy, while embedding its commitment to its core value of care. • Opportunities to harmonise, while embedding our commitment to our core value of care programmes, reduce fragmentation and identify synergies. • Where future investments can deepen impact, scale value and strengthen shared learning. “Confidence is a guiding principle that enables us to lead with clarity and purpose – it grows when learners progress, when young people gain access to economic opportunities when entrepreneurs build resilient businesses, and when households feel financially stable within cohesive, healthy communities”. Ray-ann Sedres Head: Sanlam Foundation Our Social Development Single View, will provide stakeholders with a unified understanding of: The group-wide baseline will incorporate Sanlam Foundation impact data as part of the overall social development performance of the group, ensuring alignment between the Foundation’s work and Sanlam’s broader environmental, social and governance (ESG) and sustainability objectives. It reflects a deliberate shift from entity-specific reporting toward a more system level articulation of social value creation, aligned with evolving stakeholder expectations and integrated reporting practices. Together, the group-wide developmental view and the Foundation’s programme-level reporting will present a cohesive and layered account of social development impact and reinforce Sanlam’s commitment to responsible stewardship, measurable outcomes and continuous improvement in how social value is delivered and reported. within the group social Group-wide social impact intent Sanlam Foundation Annual Report 2025 26 About this report Sanlam Foundation social impact 2025 Message from the Group Executive: Corporate Affairs and Sustainability Message from the Head of the Sanlam Foundation Strategic aspirations Our theory of change Programmatic performance Monitoring and evaluation Income and expense report Group-wide social impact intent Our partners

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