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” or “Company”)
GRANT AND ACCEPTANCE OF SHARE AWARDS BY DIRECTORS, PRESCRIBED
OFFICERS AND THE COMPANY SECRETARY OF SASOL LIMITED AND DIRECTORS
OF MAJOR SUBSIDIARIES OF SASOL LIMITED
In compliance with paragraphs 3.63 to 3.66 of the JSE Listings Requirements, Sasol hereby
announces that executive directors, prescribed officers and the company secretary of
Sasol, and directors of major subsidiaries of Sasol, have been granted, and have accepted,
conditional share awards in terms of the Sasol Long-Term Incentive (“LTI”) Plan (“the
Plan”).
The Board of Sasol Limited or the Sasol Remuneration Committee (“the Committee”), as
appropriate, approved the following annual share awards made on 27 September 2021 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 the following corporate performance targets:
FY22 | Performance period from 1 July 2021 – 30 June 2024
KPI (Key
Performance
Indicator)
WEIGHTING
THRESHOLD (0%)
TARGET
(100%)
STRETCH TARGET
(200%)
Holistic focus on
ESG
Matters
25%
Achieve a sustainable 3%
reduction
(equating to 1.8mtpa
CO2e) in Scope 1 and
Scope 2 emissions off a
2017 baseline by end
FY24 for the Energy
business (4%)
40% RE power for Sasol
Chemical operations in
Europe and Americas by
end FY24 (3%)
Within 10% of the DJSI
inclusion score by
November 2023 (3%)
Achieve a 3.8% reduction
(equating to 2.36mtpa
CO2e) in Scope 1 and
Scope 2 emissions off a
2017 baseline by end FY24
for the Energy business
(10%)
60% RE power for Sasol
Chemical operations in
Europe and Americas by
end FY24 (8%)
Within 6% of the DJSI
inclusion score by
November 2023 (7%)
Achieve a 4.5% reduction
(equating to 2.78mtpa
CO2e) in Scope 1 and
Scope 2 emissions of a
2017 baseline by end FY24
for the Energy business
(20%)
80% RE power for
Chemical operations in
Europe and Americas by
end FY24 (16%)
Within 3% of the DJSI
inclusion score by
November 2023 (14%)
Return on Invested
Capital
25%
ROIC (excl AUC) at SA
WACC of 13,5% per
annum
(0%)
ROIC (excl AUC) at SA
WACC of 13,5% +1% =
14,5% per annum
(15%)
ROIC (excl AUC) at SA
WACC of 13,5% +2% =
15,5% per annum
(30%)
25%
ROIC (excl AUC) at US
WACC of 8% per annum
(0%)
ROIC (excl AUC) at US
WACC of 8% +0,5% =
8,5% per annum
(10%)
ROIC (excl AUC) at US
WACC of 8% +1% = 9%
per annum
(20%)
Relative TSR
measured against
the peer group
25%
50th percentile of the index
(12,5%)
60th percentile of the index
(25%)
75th percentile of the index
(50%)