SCHEDULE OF FLEET POLICY EXCESSES (FIRST AMOUNTS PAYABLE)

SCHEDULE OF FLEET POLICY EXCESSES (FIRST AMOUNTS PAYABLE) Definition For each and every claim You must pay the following unless We indicate otherwise on the Certificate of any particular Section of this Policy. 01. VEHICLE INSURANCE Compulsory Description Private Type Vehicles (As described in items 1.2.1, 1.2.2 and 1.2.3 of Definition 1 Vehicle in this Section) If You claim for loss or damage to the insured Vehicle (excluding caravans and trailers) You must pay the First Amount Payable listed below, which will be calculated separately for each Vehicle and will be cumulated amounts in 1.1 and 1.2.. You must immediately repay Us any First Amount Payable We may have settled on Your behalf. 1.1. For every Insured Event other than theft (or a series of events arising from one cause giving rise to a claim) where the Vehicle value stated in the Certificate is: 1.1.1 First Amount Payable R2 500 1.2 if the driver of the Vehicle is younger than 25 years of age R2 500 1.3 any other First Amount Payable shown in the Certificate 1.4 if the Vehicle is stolen You must pay the First Amount Payable listed below which will be calculated separately for each Vehicle: 1.4.1 if no immobiliser is fitted 20% of the agreed claim 1.4.2 if fitted with a VESA level 1,2 or 3 immobiliser 10% of the agreed claim 1.4.3 if fitted with a VESA level 4 immobiliser or equivalent 5% of the agreed claim 1.4.4 if fitted with an approved tracking device 0% of the agreed claim 1.5 Window glass / windscreen 20% of the agreed claim minimum R100 1.6 Windscreen repair R Nil 1.7 if the Vehicle is a caravan or trailer 5% of the agreed claim minimum R 500 1.8 the Vehicle sound equipment (if specified separately) 5% of the agreed claim minimum R100 1.9 if the premium has been discounted for security measures in place and operational, and these measures are not in place and operational at the time of the loss We may reject Your claim.

01. VEHICLE INSURANCE (Continued) Compulsory Description As described in items 1.2.4 and 1.2.5 of Definition 1 Vehicle in this Section) Commercial Type Vehicles If You claim for loss or damage to the insured Vehicle (excluding caravans and trailers) You must pay the First Amount Payable listed below, which will be calculated separately for each Vehicle and will be cumulated amounts in 1.1 and 1.2.. You must immediately repay Us any First Amount Payable We may have settled on Your behalf. 2.1 For every Insured Event (or series of events arising from one cause giving rise to a claim) where the Vehicle value stated in the Certificate is: 2.1.1 up to and including R200 000 R2 500 2.1.2 from R201 000 to R400 000 R5 000 2.1.3 from R401 000 to R600 000 R7 500 2.1.4 greater than R600 000 R10 000 1.2 if the driver of the Vehicle is younger than 25 years of age R2 500 1.3 any other First Amount Payable shown in the Certificate 1.4 if the Vehicle is stolen You must pay the First Amount Payable listed below which will be calculated separately for each Vehicle: 1.4.1 if no immobiliser is fitted 20% of the agreed claim 1.4.2 if fitted with a VESA level 1,2 or 3 immobiliser 10% of the agreed claim 1.4.3 if fitted with a VESA level 4 immobiliser or equivalent 5% of the agreed claim 1.4.4 if fitted with an approved tracking device 0% of the agreed claim 1.5 Window glass / windscreen 20% of the agreed claim minimum R100 1.6 Windscreen repair R Nil 1.7 if the Vehicle is a caravan or trailer R1 000 1.8 the Vehicle sound equipment (if specified separately) 5% of the agreed claim minimum R100 1.9 if the premium has been discounted for security measures in place and operational, and these measures are not in place and operational at the time of the loss We may reject Your claim. 02. HOUSEHOLD CONTENTS The amounts stated below are cumulative: 2.1 for each and every claim R Nil 2.2 if the opening sections of windows are not barred and / or sliding an additional 15% of the claim. doors are without security locks, unless the house is fully alarmed 2.3 if the premium has been discounted for security measures in place and operational and these measures are not in place and / or operational at the time of the loss We reserve the right to reject such a claim. 2.4 in the event of loss or damage by lightning / power surge 10% of the claim minimum R1000

03. HOUSEOWNERS The amounts stated below are cumulative: 3.1 for each and every claim R1000 3.2 in the event of loss or damage by lightning / power surge 10% of the claim minimum R1000 5.1 Subsidence and Landslip 10% of the claim minimum R5000 04. ALL RISKS 4.1 for each and every claim R Nil 4.2 for each and every cell phone claim 10% of the claim minimum R250 05. WATER CRAFT 5.1 For every occurrence giving rise to a claim for a water craft where the value stated in the certificate is: 5.1.1 below R50 000 R1 000 5.1.2 over R 50 001 R2 500 06. PERSONAL COMPUTER EQUIPMENT The amounts stated below are cumulative: 6.1 for each and every claim 5% of the claim minimum R500 6.2 in the event of loss or damage by lightning / power surge 10% of the claim minimum R1 000

08. PLANT ALL RISKS The basic First Amount Payable applicable to loss or damage, or the amount relating to a specific type of plant item otherwise stated in the Schedule of this Section, whichever is the greater, shall apply independently to each plant item as follows : NON MOBILE CONSTRUCTION PLANT EQUIPMENT / TOWED PLANT: 10% of claim minimum R5 000-00. HIJACKING: Loss and/or damage following Hi-jacking 10% of claim minimum R5 000-00. Drill & Piling Rigs whilst being driven on the road 10% of the New Replacement Value Shutters/Scaffolding/Formwork/Crushing Plants 10% of Claim minimum of R2000 Employees Tools 10% of Claim minimum of R2000 Field/Survey Equipment 10% of Claim minimum of R2000 Electrical Hand Tools 10% of Claim minimum of R2500 ADDITIONAL DEDUCTIBLES: PER INSURED ITEM: Cranes / Mobile Plant / Drilling Rigs:- New Replacement Value Not Exceeding: Agreed Value Not Exceeding: R20,000 10% of claim minimum of R5,000 R20,000 10% of claim minimum of R5,000 R50,000 10% of claim minimum of R7,000 R50,000 10% of claim minimum of R7,500 R100,000 10% of claim minimum of R10,000 R100,000 10% of claim minimum of R10,000 R250,000 10% of claim minimum of R12,500 R250,000 10% of claim minimum of R15,000 R500,000 10% of claim minimum of R20,000 R500,000 10% of claim minimum of R25,000 R750,000 10% of claim minimum of R30,000 R750,000 10% of claim minimum of R40,000 R1,000,000 10% of claim minimum of R65,000 R1,000,000 10% of claim minimum of R75,000 R2,000,000 10% of claim minimum of R100,000 R2,000,000 10% of claim minimum of R100,000 R5,000,000 10% of claim minimum of R125,000 R5,000,000 10% of claim minimum of R150,000 R10,000,000 10% of claim minimum of R250,000 R10,000,000 10% of claim minimum of R250,000

SCHEDULE OF SECTION LIMITS APPLICABLE Policy Limits: The following limits shall apply unless otherwise stated on the certificate. 01. VEHICLE INSURANCE 3.4 Cost of Protection and Removal R5 000 3.5 Window Glass R8 000 3.6 Medical Benefit R5 000 3.7 Keys / Locks / Remote Controls R5 000 3.8.1 Liability to Third Parties R20 000 000 3.8.1.3 Fire or Explosion Liability R20 000 000 4.2 Contingent Liability R20 000 000 4.3 Unauthorised Passenger Liability R20 000 000 NOTE: The Aggregate Limit per event for items 3.8.1, 3.8.1.3, 4.2 AND 4.3 is R20 000 000 4.4 Fire Extinguishing Changes R20 000 5.2.1.5 Persons Travelling in an Open Section of the Vehicle R250 000 02. HOUSEHOLD CONTENTS 1.2.2 Contents Home Industry or Business R150 000 1.2.3 Contents Office Premises other than at Dwelling R250 000 2.3 Emergency Services Expenses R10 000 2.4 Refrigerator and Deep Freeze Contents R5 000 2.5 Laundry, Garden Furniture and Outbuildings R10 000 2.6 Accidental Breakage of Mirrors and Glass R10 000 2.7 Credit Cards / Debit Cards R1 000 2.8 Guards R3 000 2.10 Keys / Locks / Remote Controls R5 000

02. HOUSEHOLD CONTENTS (Continued) 2.11 Loss of Damage or Damage to Domestic (s) Property R10 000 2.12 Theft of Money R1 000 2.13 Property of Guests R10 000 2.14 Hole-in-One (Golf) R2 000 2.15 Full House (Bowls) R2 000 2.16 Household Goods in Transit R10 000 2.17.3 In the Possession of Students and School Children R5 000 2.17.4 Whilst on Holiday R5 000 2.18 Domestic Telephone Instruments R1 000 2.19.1 Loss of Water by Leakage R5 000 3.1 Compensation for your Death R5 000 03. HOUSEOWNERS 2.4 Emergency Services Expenses R10 000 2.6 Water Pumping Machinery R10 000 2.10 Guards R3 000 2.12 Electric Gate Motors and Garage Door Motors R15 000 2.13 Removal of Fallen Trees R5 000 2.14 Damage to the Garden R5 000 2.15 Spread of Fire Risk Liability R5 000 000 04. ALL RISKS 3.2.9 Unattended Vehicle R10 000

05. WATER CRAFT 3.2.1 Emergency and Salvage Expenses R10 000 3.3 Liability to Third Parties R1 000 000 4.3 Medical Expenses R5 000 4.4 Liability of Water Skiers R250 000 4.5 Tow and Assist R5 000 06. PERSONAL COMPUTER EQUIPMENT 2.1.2 Reconstitution of Data R5 000 07. PERSONAL ACCIDENT 6.4 Funeral Benefit R10 000 08. PLANT ALL RISKS Indemnity Maximum Value R1 000 000 Part A Material Damage R1 000 000 Continuing Hire Charges R1 000 000 Liability to Third Parties (a) not caused by fire or explosion R20 000 000 Liability to Third Parties (b) caused by fire or explosion R20 000 000