Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

Report on Form 6-K for 4 August, 2022

Commission File Number 1-31615

Sasol Limited

50 Katherine Street

Sandton 2196

South Africa

(Name and address of registrant’s principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of
Form 20-F or Form 40-F.

Form 20-F __X__

Form 40-F _____

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(1):

Yes _____

No __X__

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(7):

Yes _____

No __X__

Indicate by check mark whether the registrant by furnishing the information contained in this
Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b)
under the Securities Exchange Act of 1934.

Yes _____

No __X__

ENCLOSURES:

Sens Announcement dated 4 August 2022: Trading statement for the financial year
ended 30 June 2022

Sasol Limited
(Incorporated in the Republic of South Africa)
(Registration number 1979/003231/06)
Sasol Ordinary Share code:

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 the Company)

TRADING STATEMENT FOR THE FINANCIAL YEAR ENDED 30 JUNE 2022

Sasol’s financial performance for the year ended 30 June 2022 (2022 financial year) was underpinned by
a favourable macroeconomic environment, with higher crude oil prices, refining margins and chemicals
prices against a backdrop of heightened geopolitical tensions. This resulted in a strong gross margin
improvement from the prior year, combined with robust cost and capital expenditure performance. These
benefits were partly offset by operational challenges in our integrated South African value chains which
resulted in lower production, as reported in the annual business performance metrics published on
25 July 2022 (https://www.sasol.com/investor-centre/financial-results).

Sasol´s adjusted earnings before interest, tax, depreciation and amortisation (adjusted EBITDA**) for the
2022 financial year is expected to increase by between 36% and 56% from R48,4 billion in the prior year,
to between R66,0 billion and R75,6 billion. This is mostly due to a strong recovery in Brent crude oil and
chemical prices, partly offset by realised oil hedging losses and lower Chemicals sales volumes.

Shareholders are advised that, for the 2022 financial year:

– Earnings per share (EPS) are expected to be between R60,59 and R63,51 compared to the prior year

earnings per share of R14,57 (representing an increase of more than 100%);

– Headline earnings per share (HEPS) are expected to be between R42,84 and R50,74 compared to

the prior year headline earnings per share of R39,53 (representing an increase by between 8% and
28%); and

– Core HEPS (CHEPS*) are expected to be between R65,21 and R70,76 compared to the prior year

CHEPS of R27,74.

Notable non-cash adjustments (before taxation) for the 2022 financial year include:

– Unrealised losses of R5,2 billion on the translation of monetary assets and liabilities and valuation of

financial instruments and derivative contracts;

– Net gain of R9,9 billion on remeasurement items, mainly due to:

• a gain of R4,9 billion on the realisation of the foreign currency translation reserve (FCTR) on the

divestment of Sasol Canada’s shale gas assets;

• a gain of R3,7 billion on the divestment of 30% equity interest in Republic of Mozambique

Pipelines Company (ROMPCO);

• a gain of R2,9 billion on the realisation of FCTR on the divestment of the European Wax

business; and

• a R1,4 billion reversal of impairment on the Chemicals Work Up & Heavy Alcohols value chain

due to a higher price outlook on the back of a sustained increase in demand for alcohols into the
personal hygiene market during and post the COVID-19 pandemic;

• partly offset by a loss on scrapping of property, plant and equipment of R2,8 billion in the

Chemicals America segment.

The financial information on which this trading statement is based has not been reviewed and reported on
by the Company's external auditors.

Sasol will release its 2022 annual financial results on Tuesday, 23 August 2022 at 09h00 (SA time)
followed by a conference call hosted by Fleetwood Grobler, our President and Chief Executive Officer
and Hanré Rossouw, our Chief Financial Officer.

Please connect to the call via the webcast link: https://www.corpcam.com/Sasol23082022 or via
teleconference call link:
https://services.choruscall.za.com/DiamondPassRegistration/register?confirmationNumber=3629805&link
SecurityString=7a93dfa35

* Core HEPS is calculated by adjusting headline earnings with non-recurring items, earnings losses of
significant capital projects (exceeding R4 billion) which have reached beneficial operation and are still
ramping up, all translation gains and losses (realised and unrealised), all gains and losses on our
derivatives and hedging activities (realised and unrealised), and share-based payments on
implementation of Broad-Based Black Economic Empowerment (BBBEE) transactions. Adjustments in
relation to the valuation of our derivatives at period end are to remove volatility from earnings as these
instruments are valued using forward curves and other market factors at the reporting date and could vary
from period to period. We believe core headline earnings are a useful measure of the group´s sustainable
operating performance.

** Adjusted EBITDA is calculated by adjusting operating profit for depreciation, amortisation, share-based
payments, remeasurement items, change in discount rates of our rehabilitation provisions, all unrealised
translation gains and losses, and all unrealised gains and losses on our derivatives and hedging
activities.

Adjusted EBITDA and Core HEPS are not defined terms under IFRS and may not be comparable with
similarly titled measures reported by other companies. The aforementioned adjustments are the
responsibility of the directors of Sasol. The adjustments have been prepared for illustrative purposes only
and due to their nature, may not fairly present Sasol´s financial position, changes in equity, results of
operations or cash flows.

4 August 2022
Johannesburg
Sponsor: Merrill Lynch South Africa Proprietary Limited t/a BofA Securities

Disclaimer - Forward-looking statements

Sasol may, in this document, make certain statements that are not historical facts and relate to analyses
and other information which are based on forecasts of future results and estimates of amounts not yet
determinable. These statements may also relate to our future prospects, expectations, developments,
and business strategies. Examples of such forward-looking statements include, but are not limited to, the
impact of the novel coronavirus (COVID-19) pandemic, and measures taken in response, on Sasol’s
business, results of operations, markets, employees, financial condition and liquidity; the effectiveness of
any actions taken by Sasol to address or limit any impact of COVID-19 on its business; the capital cost of
our projects and the timing of project milestones; our ability to obtain financing to meet the funding
requirements of our capital investment programme, as well as to fund our ongoing business activities and
to pay dividends; statements regarding our future results of operations and financial condition, and
regarding future economic performance including cost containment, cash conservation programmes and
business optimisation initiatives; recent and proposed accounting pronouncements and their impact on
our future results of operations and financial condition; our business strategy, performance outlook, plans,
objectives or goals; statements regarding future competition, volume growth and changes in market share
in the industries and markets for our products; our existing or anticipated investments, acquisitions of new
businesses or the disposal of existing businesses, including estimates or projection of internal rates of
return and future profitability; our estimated oil, gas and coal reserves; the probable future outcome of
litigation, legislative, regulatory and fiscal developments, including statements regarding our ability to
comply with future laws and regulations; future fluctuations in refining margins and crude oil, natural gas
and petroleum and chemical product prices; the demand, pricing and cyclicality of oil, gas and
petrochemical product prices; changes in the fuel and gas pricing mechanisms in South Africa and their
effects on prices, our operating results and profitability; statements regarding future fluctuations in
exchange and interest rates and changes in credit ratings; total shareholder return; our current or future
products and anticipated customer demand for these products; assumptions relating to macroeconomics;
climate change impacts and our climate change strategies, our development of sustainability within our
Energy and Chemicals Businesses, our energy efficiency improvement, carbon and GHG emission
reduction targets, our net zero carbon emissions ambition and future low-carbon initiatives, including
relating to green hydrogen and sustainable aviation fuel; our estimated carbon tax liability; cyber security;
and statements of assumptions underlying such statements. Words such as “believe”, “anticipate”,
“expect”, “intend", “seek”, “will”, “plan”, “could”, “may”, “endeavour”, “target”, “forecast” and “project” and
similar expressions are intended to identify forward-looking statements but are not the exclusive means of
identifying such statements. By their very nature, forward-looking statements involve inherent risks and
uncertainties, both general and specific, and there are risks that the predictions, forecasts, projections,
and other forward-looking statements will not be achieved. If one or more of these risks materialise, or
should underlying assumptions prove incorrect, our actual results may differ materially from those
anticipated. You should understand that a number of important factors could cause actual results to differ
materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-
looking statements. These factors and others are discussed more fully in our most recent annual report
on Form 20-F filed on 22 September 2021 and in other filings with the United States Securities and
Exchange Commission. The list of factors discussed therein is not exhaustive; when relying on forward-
looking statements to make investment decisions, you should carefully consider foregoing factors and
other uncertainties and events, and you should not place undue reliance on forward-looking statements.
Forward-looking statements apply only as of the date on which they are made, and we do not undertake
any obligation to update or revise any of them, whether as a result of new information, future events or
otherwise.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant, Sasol Limited,
has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: 4 August 2022

By:

/sgd/M du Toit

M du Toit

Name:

Title:

Group Company Secretary

This regulatory filing also includes additional resources:
sasol_release.pdf

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