2022 Communications Flyer ENG

• However, due to a change in the insurance law, the Trust and Sanlam may no longer continue with the group policies. • The Trust will therefore no longer be able to provide and/or procure the insured benefits though the group policies. However, your insured benefits will not be lost when the changes are implemented . • When the changes are implemented, the following should be noted: o As a member beneficiary you will receive a Pukwana ya Kganya insurance contract (or a Thari ya Baruti Pukwana ya Kganya Contract in the case of committee members who are member beneficiaries), collectively referred to herein as a " Pukwana ya Kganya insurance contract ", underwritten by Sanlam, and become a policyholder of Sanlam for the same insured benefits previously procured by the Trust in terms of the group policies. The terms and conditions of the Pukwana ya Kganya insurance contract, must be carefully considered since they are different to the terms and conditions of the Trust. o The amendments to the Trust and the regulations to the Trust will therefore only change the way in which member beneficiaries have access to insured benefits, which will be by replacing the vested benefits currently enjoyed through the Trust with i) a vested right against the Trust for payment of premiums; and ii) a right against Sanlam in terms of the Pukwana ya Kganya insurance contract for the insured benefits. o As a member beneficiary, you can rest assured that the Trust will pay the premiums to Sanlam for as long as you pay your monthly membership contribution to the Trust. Please note : If you do not pay your membership contribution to the Trust, the Trust will not pay the premiums in terms of your Pukwana ya Kganya contract to Sanlam and your valuable insurance benefits may be forfeited. o By receiving a Pukwana ya Kganya insurance contract, if you have a claim for any of the insured benefits, you have to claim against Sanlam. Your claim will however only be valid if you meet the terms and conditions of the Pukwana ya Kganya insurance contract. This requires, amongst other things, that you must pay your monthly membership contributions to the Trust. o Kganya Insurance Administrators (RF) Proprietary Limited (" KIA ") will continue to administer the insured benefits. This means that there will be no difference in the way claims for insured benefits are handled. o Please note that the Pukwana ya Kganya insurance contract will consist of two insurance policies which are offered as part of your membership to the Trust: - a Pukwana ya Kganya Funeral Policy (or Thari ya Baruti Pukwana ya Kganya Funeral Policy in the case of church committee members who are member beneficiaries) for funeral benefits; and - a Pukwana ya Kganya Dread Disease and Personal Accident Policy (or Thari ya Baruti Pukwana ya Kganya Dread Disease and Personal Accident Policy in the case of church committee members who are member beneficiaries) for dread disease and personal accident benefits. Other benefits of membership to the Trust when the changes are implemented • The Trust will, from your monthly membership contribution, make a donation to the ZCC on your behalf as a member beneficiary. • The Trust will continue to provide and/or procure access to the non-insured benefits, being the Leeto la Moria benefits, roadside assistance benefits, funerary management benefits and good health assessment benefits (in the case of church committee members who are member beneficiaries) in exactly the same way. What is the Court Application? • The Court Application is a process through which the Trust will amend its trust deed and the regulations of the Trust without approval from the member beneficiaries as vested beneficiaries of the Trust, with the approval of the High Court of South Africa (Gauteng Division, Pretoria). The High Court will also consider the offer made by Sanlam in terms of the Pukwana ya Kganya insurance contract, and all such other matters related to the changes as set out in the Court Application. • The Court Application has been issued from the High Court of South Africa (Gauteng Division, Pretoria), under case number 62972/2021 . • If you want to object to the changes, you can do so by filing a notice of intention to oppose the Court Application at the High Court of South Africa (Gauteng Division, Pretoria) on or before 20 July 2022 .