2020 INTEGRATED REPORT

Aggregate details of insurance between The Professional Provident Society Holdings Trust, any of its subsidiaries, and key management personnel, their families (as defined in IAS 24) and entities significantly influenced or controlled by key management personnel are set out below: Group 2020 2019 R’000 R'000 Life and disability – Premiums 1 740 1 550 Sickness benefit – Premiums 1 315 1 222 – Claims 635 34 PPS Profit-Share Account 15 208 12 366 Motor and household – Premiums 928 649 – Claims 705 98 Assets under management 41 738 39 027 The transactions with related parties are made on terms equivalent to those that prevail in arm’s length transactions with all members. The aggregate compensation of The Professional Provident Society Holdings Trust trustees and Professional Provident Society Insurance Company Limited executives paid by the Group is set out below: Group 2020 2019 R’000 R'000 Salaries and other employee benefits 41 069 36 462 Performance payments 26 728 30 618 Trustees' remuneration 10 808 9 556 78 605 76 636 34. RELATED PARTIES (continued) PPS INTEGRATED REPORT 2020 | 177