SASOL LIMITED - Capital Markets Day and Change in Dividend Policy

Capital Markets Day and Change in Dividend Policy

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 or the Equity issuer)

Sasol Financing Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1998/019838/06)
Company code: SFIE
LEI: 378900A5BC68CC18C276
(Sasol Financing or the Debt issuer)


SASOL HOSTS CAPITAL MARKETS DAY AND THE SASOL LIMITED BOARD APPROVES A
CHANGE IN DIVIDEND POLICY

Capital markets day

Sasol Limited is hosting a Capital Markets Day today, 20 May 2025, to provide an update on its
strategy aimed at strengthening the foundation business and positioning the Group for growth
and transformation.

The update on the strategy focuses on plans to:
   • Restore the Southern Africa value chain;
   • Reset the International Chemicals business;
   • Grow and Transform the business; and
   • Progress the emissions reduction commitments aligned to Sasol's Emissions Reduction
     Roadmap (ERR).

These plans are underpinned by a robust financial framework aimed at delivering value,
reducing debt, and restoring shareholder returns.

The live webcast presentation will commence at 10:00 SAST. To access the webcast, please
register using the following link: https://evolve.eventoptions.co.za/register/sasolcmdvirtual/single

Presentation materials will be available on Sasol's website at
https://www.sasol.com/index.php/investor-centre/capital-markets-day

A recording of the webcast will be made available online following the event.


Change in dividend policy

Shareholders are advised that the Sasol Limited Board of Directors ("the Board") has approved
a revision to the Company's dividend policy.
Previously, Sasol's dividend policy included a dividend trigger based on achieving a sustainable
net debt below US$4 billion (excluding leases). The Board has approved the adjustment to the
dividend trigger to a threshold of net debt sustainably below US$3 billion (excluding leases).

All other elements of the dividend policy remain unchanged.

This revised policy is considered a prudent step, better aligned with the prevailing volatility in the
macro-economic environment and Sasol's commitment to maintaining a resilient balance sheet
and ensuring sustainable future shareholder returns.


20 May 2025

Equity sponsor: Merrill Lynch South Africa (Pty) Limited t/a BofA Securities

Debt sponsor: Absa Corporate and Investment Bank, a division of Absa Bank Limited

Date: 20-05-2025 07:05:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.