About this Report

This annual Sustainability Report provides an overview of Sanlam's sustainability performance for the period 1 January 2011 to 31 December 2011. The report covers all of the South African entities over which Sanlam has management control (hereafter referred to as Sanlam RSA), other than Santam, which issues its own detailed Sustainability Report (www.santam.co.za). Unless otherwise indicated, any specific quantitative performance data that is presented relates only to Sanlam's South African operations (excluding Santam). Further details on the reporting boundary of the Sustainability Report are provided at Group at a glance. Our previous Sustainability Report was for the period 1 January 2010 to 31 December 2010. There have been no significant changes in reporting methodology or scope that would affect our reporting since that time.

This report has been made available in printed copy (in an abridged format) and online.

This report is aimed at all of our stakeholders. The focus is on those issues that have the potential to influence the assessments and decisions of our stakeholders most interested in our sustainability performance. Additional information on our sustainability performance, relevant to a wider audience, is also provided. An abridged, more focused, report is available in hard copy or can be downloaded here. In compiling this report we have drawn on the recommendations provided in the G3 Sustainability Reporting Guidelines of the Global Reporting Initiative (GRI). A detailed resoponse to each of the GRI criteria is available in a separate document on our website. We believe our report to be in accordance with a GRI B+ Application Level. Ernst & Young performed an independent limited assurance engagement on key elements of the information in this report (see our Assurance Statement from Ernst & Young).

This report forms part of our integrated reporting process undertaken in accordance with the expectations of the King Code of Governance Principles for South Africa 2009 (King III) and the guidance provided in the September 2011 Discussion Paper of the International Integrated Reporting Committee (IIIRC). A copy of Sanlam's Integrated Report, which constitutes our primary strategic report to stakeholders, is available at www.sanlam.co.za

If you have any queries or comments about this report or Sanlam's sustainability performance, please contact us at sustainabilitymanagement@sanlam.co.za or +27 21 947 2893.