Summary of Amendments Pukwana ya Kganya April 2024

4 1.2 by amending and deletingAnnexeA.4 dealing with the Membership Contributions and amending the Membership Contribution to R120.00 per month with effect from 1 April 2024. E. Changes to the MPP Forms and AMPP Forms • With effect from 1 April 2024, new MPP Forms and new AMPP Forms will be utilised by the Trust to include additional fields. • Under Section 21C of the Financial Intelligence Centre Act (“FICA”), an accountable institution (being Sanlam and KIA) is required to carry out on-boarding and ongoing party due diligence (PDD) checks on all their clients and where applicable, the persons acting on behalf of clients that are conducting business with such accountable institutions. • For this reason, extra fields are added to the MPP Form, which are Country of Residence, Country of Birth and Nationality of the policyholder. • Copies of the new MPP Forms and AMPP Forms will be made available at your local church branch. • Furthermore, we have amended the Payment Receipt Booklet to indicate the consequences of not completing such information, to read as follows: Important Note - Under Section 21C of the Financial Intelligence Centre Act (FICA), the Accountable Institution (such as KIA and the Insurer; Sanlam Developing Markets) is required to carry out on- boarding and ongoing Party Due Diligence (PDD) checks on our clients and where applicable, the persons acting on behalf of our clients that are doing business with us. Therefore, it is important that the member information is correctly completed on the forms to enable us to perform the necessary due diligence checks. • You do not have to complete a new MPP Form if you are an existing Member . F. Alternative Payment Method • In terms of the Master Regulations, you are permitted to pay your Membership Contribution in cash or through a Payment Method as may be prescribed by the Trust. • To eliminate the risk of cash collection at Church branches and to facilitate the easier payment of Membership Contributions, the Trust resolved to implement an electronic payment solution. This solution will

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