FAQ - English

4 • In order to approve the changes to the Kganya Benefits Fund Trust and your membership rights, the trustees of the Kganya Benefits Fund Trust will apply to the High Court of South Africa (Gauteng Division, Pretoria) in terms of section 13 of the Trust Property Control Act 57 of 1988 (" the Court Application ") to approve the changes. • The High Court will also consider the offer made by Sanlam in terms of the Pukwana ya Kganya insurance contract and the Thari ya Baruti Pukwana ya Kganya insurance contract, and all such other matters related to the changes as set out in the Court Application. • The High Court will therefore carefully consider the changes, and make sure that your interests as a member beneficiary remain protected. • The Court Application has been issued from the High Court of South Africa (Gauteng Division, Pretoria), under case number 62972/2021 . Must I do anything in terms of the Court Application? • No, unless you want to object to the changes. • 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 . • If you file a notice of intention to oppose the Court Application, the notice must also be delivered to the applicants’ attorneys, Webber Wentzel at 90 Rivonia Road, Sandton, 2196, or per email to Kganya@webberwentzel.com , for the attention Z Swanepoel / D Prinsloo. In your notice of intention to oppose you must appoint an address where you want to and will receive further notices and documents in the Court Application, which address must be in a 15- kilometre radius from the court (“ the Address ”). • Please note that if you do file a notice of intention to oppose on or before 20 July 2022, you will have to file an answering affidavit at the High Court of South Africa (Gauteng Division, Pretoria) within 15 court days (business days) thereafter, and also deliver a copy thereof to the applicants’ attorneys, Webber Wentzel Attorneys per the above details. • The Court Application will be heard on 3 August 2022 , or in the event of you opposing the Court Application, on a date to be determined by the Registrar of the High Court. The Applicant`s attorneys will inform you of this date (i.e the date to be determined by the Registrar of the High Court) by sending a notification of the date to the Address. • We repeat, if you do not oppose the Court Application, you do not have to do anything . What happens if the High Court approves the Court Application? When will the changes become effective? • If the High Court approves the Court Application, the changes will take effect from 1 January 2023 (" Effective Date "). If the changes to the membership become effective, what will happen? • All member beneficiaries will continue to be members of the Kganya Benefits Fund Trust. • All member beneficiaries will receive a Pukwana ya Kganya insurance contract or a Thari ya Baruti Pukwana ya Kganya insurance contract that will provide the insured benefits, underwritten by Sanlam. • All member beneficiaries must continue to pay their membership contributions. • The Kganya Benefits Fund Trust will, from the membership contributions –