Sanlam Limited (JSE:SLM)

Revenue by Segment

Financials in millions ZAR. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Sanlam Life and Savings	151.96B	137.93B	56.04B	-	-
Sanlam Life and Savings Growth	10.18%	146.12%	-	-	-
Pan-africa	347.00M	2.65B	28.97B	-	-
Pan-africa Growth	-86.93%	-90.84%	-	-	-
Asia	2.48B	740.00M	1.84B	-	-
Asia Growth	234.86%	-59.78%	-	-	-
Sanlam Investment Group	10.49B	9.10B	8.18B	7.61B	8.21B
Sanlam Investment Group Growth	15.31%	11.29%	7.53%	-7.34%	13.04%
Santam	60.70B	56.15B	49.30B	43.50B	28.17B
Santam Growth	8.10%	13.91%	13.32%	54.41%	8.85%
Group Office and Other	20.60B	8.90B	-343.00M	2.22B	-130.00M
Group Office and Other Growth	131.51%	-	-	-	-
Reconciling Items	-1.79B	-7.82B	-	-	-
Policyholder Activities, Consolidation Entries and IFRS Adjustments	-	-	47.93B	-28.29B	-
Policyholder Activities	-	-	-	-	94.56B
Policyholder Activities Growth	-	-	-	-	143.92%
Sanlam Emerging Markets	-	-	-	33.89B	27.62B
Sanlam Emerging Markets Growth	-	-	-	22.69%	8.86%
Sanlam Life and Savings -SA Retail Affluent	-	-	-	22.33B	19.89B
Sanlam Life and Savings -SA Retail Affluent Growth	-	-	-	12.27%	38.51%
Sanlam Life and Savings - SA Retail Mass	-	-	-	11.57B	10.64B
Sanlam Life and Savings - SA Retail Mass Growth	-	-	-	8.81%	19.94%
Sanlam Life and Savings - Sanlam Corporate	-	-	-	10.28B	7.41B
Sanlam Life and Savings - Sanlam Corporate Growth	-	-	-	38.83%	17.48%
IFRS Adjustments	-	-	-	-	-2.72B
Total	244.80B	207.66B	191.92B	103.11B	193.65B
Total Growth	17.88%	8.20%	86.12%	-46.75%	47.02%

Revenue by Geography

Financials in millions ZAR. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
South Africa	124.53B	121.46B	14.52B	9.94B	78.75B
South Africa Growth	2.53%	736.69%	46.06%	-87.38%	25.06%
Pan-Africa	-	17.00M	139.00M	31.00M	4.62B
Pan-Africa Growth	-	-87.77%	348.39%	-99.33%	-85.67%
Other International	1.53B	1.35B	1.53B	1.94B	7.95B
Other International Growth	12.88%	-11.70%	-21.17%	-75.59%	-16.29%
Unallocated	593.00M	-5.84B	2.77B	1.31B	-
Unallocated Growth	-	-	112.24%	-	-
Asia	2.00B	1.84B	-	-	-
Asia Growth	8.74%	-	-	-	-
Total	128.65B	118.83B	18.96B	13.22B	91.32B
Total Growth	8.26%	526.75%	43.44%	-85.53%	-12.78%

Source: S&P Global Market Intelligence.