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Grant And Acceptance Of Share Awards By The Company Secretary And A Director Of A Major Subsidiary Of Sasol

Published: 2025-03-06 17:11:27 ET
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Sasol Limited
(Incorporated in the Republic of South Africa)
(Registration number 1979/003231/06)
Sasol Ordinary Share codes:       JSE: SOL                                      NYSE: SSL
Sasol Ordinary ISIN codes:        ZAE000006896                                  US8038663006
Sasol BEE Ordinary Share code: JSE: SOLBE1
Sasol BEE Ordinary ISIN code: ZAE000151817
(Sasol, the Company, Equity issuer)

GRANT AND ACCEPTANCE OF SHARE AWARDS BY THE COMPANY SECRETARY AND
A DIRECTOR OF A MAJOR SUBSIDIARY OF SASOL LIMITED

In compliance with paragraphs 3.63 to 3.66 of the JSE Limited Listings Requirements (Listings
Requirements), it is hereby announced that the company secretary of Sasol Limited and Sasol
South Africa Limited, and a director of a major subsidiary, have been granted, and have
accepted, conditional share awards in terms of Sasol’s Long-Term Incentive (LTI) Plan (the
Plan).

The Board of Sasol Limited or the Sasol Remuneration Committee (the Committee), as
appropriate, approved the following on-appointment share awards made on 3 March 2025 in
accordance with the rules of the Plan. The vesting of the awards will be subject to service
conditions and, on performance shares, the achievement of corporate performance targets
(CPT) approved by the Board.

The rules of the Plan are available on the Sasol website at www.sasol.com.

 Award date:                                    3 March 2025
 Acceptance date:                               13 March 2025
 Vesting periods:                               50% after 3 years and the balance after 5 years
                                                30% of the award is subject to the achievement of CPT to be
                                                achieved over the 3-year performance period
 Class of securities:                           Sasol ordinary shares
 Nature of transaction:                         On-appointment LTI award (off-market)
 Price per share:1                              R0,00
 Nature and extent of interest:                 Direct beneficial

 Surname              Company and designation                                  Award                         Total value of the
 and initials                                                             (Number of shares)                    transaction
                                                                                                                   (ZAR)2
 Cele, K              Director: Sasol South Africa Limited                                   32 094                    2 599 935
 Viljoen, E           Company Secretary: Sasol Limited                                       28 082                    2 274 923
                      Sasol South Africa Limited

Note 1: Strike price per share is nil. The shares were awarded at R81,01 being the closing price on 28 February 2025.
Note 2: The total transaction value is the price per share multiplied by the number of Sasol ordinary shares awarded.


In terms of paragraph 3.66 of the Listings Requirements, the necessary clearance to deal has
been obtained for the transactions set out above.

6 March 2025
Sandton

Equity Sponsor
Merrill Lynch South Africa Proprietary Limited t/a BofA Securities