Sasol Limited · JSE:SOL

Sasol — Investor Presentation (April 2023)

28 slides from Sasol's investor presentation, April 2023

Slide 2: Forward-looking statements
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 pros
Slide 5: About Sasol
About Sasol OUR VISION Sasol is a global chemicals and energy company. We harness our knowledge and expertise to integrate To be a leading integrated and global sophisticated technologies and processes into world-scale operating facilities chemical and energy company, proudly We strive to safely and
Slide 6: Sasol at a glance
Sasol at a glance North America Eurasia 28 630 employees worldwide • Lake Charles Chemicals Project in Louisiana – USA: • Specialty chemicals (100% owned and operated) including ZAG, ethylene oxide, alumina, Guerbet alcohols, Ziegler alcohols, MEG & ethoxylates • European Specialty Chemicals (100%)
Slide 7: Our integrated business model
Our integrated business model SOURCE PRODUCE MARKET BUSINESS MODEL Feedstock/utilities Leveraging unique technologies Supplying customers globally ▪ SA - Secunda Coal-to- liquids (CTL) ▪ Mozambique SASOL ENERGY Coal ▪ Qatar Fuels Gas Natural gas Gas-to- liquids (GTL) ▪ SA - Secunda & Sasolburg Coal
Slide 9: Sasol of the future
Sasol of the future FT SUSTAINABLE SOLUTIONS – ENERGY BUSINESS CHEMICALS BUSINESS Sasol ecoFT LEADING THE ENERGY TRANSITION IN GROWING WITH OUR UNIQUE CHEMISTRY BUILDING SUSTAINABLE BUSINESSES SOUTHERN AFRICA WITH OUR ADVANTAGED FT TECHNOLOGY • Decarbonise our operations • Lake Charles to full poten
Slide 10: Integrated strategy incorporating our net zero ambition
Integrated strategy incorporating our net zero ambition 2030 2050 GHG REDUCTION TARGET INCREASED TO 30% CLEAR AMBITION TO ACHIEVE NET ZERO1 Optimal capital solution Optionality beyond 2030 Competitive and sustainable returns to reduce fossil fuel feedstock OUR TARGET SCOPE 1 AND 2 EMISSIONS PROFILE
Slide 11: Transitioning to a more sustainable feedstock
Transitioning to a more sustainable feedstock Coal Coal Gas Gas Green H2 and biogenic feedstock / DAC 2020 2030 2050 Range Range of possibilities of possibilities for feedstock for feedstock mix by mix by 2050 with 2050, with offsets to provide further flexibility CDRs to neutralise residual and har
Slide 12: Leveraging our advantaged and differentiated FT Technology
Leveraging our advantaged and differentiated FT Technology HYDROGEN SOURCES WIDE RANGE OF APPLICATIONS Grey H2 FT Synthesis Blue H2 Flexibility to shift to Blue / Green H2 Green H2 SUSTAINABLE CHEMICALS CARBON SOURCES Coal Gas Bio feedstock Carbon agnostic; potential for unlimited Industrial process
Slide 13: Prioritising a just transition
Prioritising a just transition PRESERVE EMPLOYMENT OPPORTUNITIES ADAPT WORKFORCE • Create new opportunities • Anticipate long-term needs • Continued focus on localisation • Human capital planning for low carbon future • Partner with key stakeholders • Build fit-for-purpose future • Labour impacts mi
Slide 14: Future Sasol returning sustainable value to all stakeholders
Future Sasol returning sustainable value to all stakeholders PORTFOLIO PERFORMANCE POTENTIAL ▪ Flexible pathways to net zero ▪ Assets with optimal capital ▪ 30% GHG reduction target by 2030 ambition by 2050 requirements ▪ >15% ROIC through transition ▪ Leadership in Green H2 in ▪ Optionality with di
Slide 16: Financial framework underpins key priorities
Financial framework underpins key priorities STRATEGIC PRIORITIES KEY PRIORITIES KEY PRIORITIES UP TO FY25 UP TO FY30 OPERATIONAL PERFORMANCE EARNINGS CAPITAL GROWTH STRUCTURE Strengthen balance sheet Deleverage and Maintain a robust, deliver attractive and flexible balance Self-funding transition s
Slide 17: Disciplined capital allocation framework
Disciplined capital allocation framework CAPITAL ALLOCATION PRIORITIES MAINTAIN CAPITAL Safe and reliable operations and protect licence to operate ~R20 - 25bn TRANSFORM CAPITAL per annum1 Deliver GHG reduction targets 1st order SELECTIVE GROWTH / IMPROVE CAPITAL Allocation Small high-return, short
Slide 18: Sasol 2.0 programme enables our transition to Future Sasol
Sasol 2.0 programme enables our transition to Future Sasol Gross margin Ensuring a more competitive Cash fixed cost and profitable business reduction uplift R8 - 10bn R6 - 8bn R4,2bn reduction1 R2,6bn uplift1 Balance sheet strength supports strategy execution Deliver resilient performance Capital Wo
Slide 20: FY22 business performance overview
FY22 business performance overview RCR of PEOPLE R1,2 billion R743,3 million 0,27 in skills development socio-economic investment Five tragic fatalities Progressing new PLANET >600MW of Renewable Mozambique gas supply plateau extension FT and green H2 Energy for SA operations value stream feasibilit
Slide 21: Group profitability by segment
Group profitability by segment FY22 FY21 FY22 FY21 ADJUSTED EBITDA BY SEGMENT Rm Rm % Adjusted EBITDA2 Adjusted EBITDA2 Mining 5 967 5 793 3▲ (R bn) ENERGY (R bn) Gas 6 871 6 728 2▲ 6,0 Fuels 29 678 7 356 >100▲ (7%) (7%) 5,8 (12%) CHEMICALS Chemicals Africa 26 335 18 296 44▲ (12%) Chemicals America
Slide 22: Financial position strengthened
Financial position strengthened S&P Moody’s ratings Credit South Africa BB- (positive) South Africa Ba2 (stable) Continued deleveraging Sasol BB+ (stable) Sasol Ba2 (positive) of balance sheet Debt maturity profile Proactive management of debt maturities Rm US$1bn bond re- US$750m payment convertibl
Slide 25: Board
Board Our Board of Directors is Sipho Manuel Muriel Martina Fleetwood Kathy Vuyo responsible for the strategic Nkosi Cuambe Dube Flöel Grobler Harper Kahla direction and control of the Committee: Committee: Committee: Committee: Committee: Committee: Committee: Company and brings ▪ Chairman of the M
Slide 26: Share details and IR contacts
Additional information: Share details and IR contacts ORDINARY SHARE Tiffany Sydow Natalie Bounds Malefo Ngcongo ▪ JSE: SOL ▪ ISIN: ZAE000006896 Vice President: Senior Investor Investor Relations Investor Relations Relations Officer Analyst ADR ▪ NYSE: SSL ▪ ISIN: US8038663006 e-Mail: Telephone: ▪ C
Slide 27: Abbreviations and definitions
Abbreviations and definitions AUC Assets under construction H2 Hydrogen bn billion JV Joint venture CCUS Carbon capture, utilisation and storage LCCP Lake Charles ChemicalsProject CDRs Comprehensive disaster response services MEG mono-ethylene glycol CHEPS Core headline earnings per share mn bbl mil

Sasol — Investor Presentation (April 2023) on 6ix

Sasol — Investor Presentation (April 2023)

Slide 1: Sasol Investor presentation

Slide 2: Forward-looking statements

Slide 3: Table of Contents

Slide 4: Business overview

Slide 5: About Sasol

Slide 6: Sasol at a glance

Slide 7: Our integrated business model

Slide 8: Strategy

Slide 9: Sasol of the future

Slide 10: Integrated strategy incorporating our net zero ambition

Slide 11: Transitioning to a more sustainable feedstock

Slide 12: Leveraging our advantaged and differentiated FT Technology

Slide 13: Prioritising a just transition

Slide 14: Future Sasol returning sustainable value to all stakeholders

Slide 15: Financial framework

Slide 16: Financial framework underpins key priorities

Slide 17: Disciplined capital allocation framework

Slide 18: Sasol 2.0 programme enables our transition to Future Sasol

Slide 19: Latest business performance

Slide 20: FY22 business performance overview

Slide 21: Group profitability by segment

Slide 22: Financial position strengthened

Slide 23: Additional information

Slide 24: Leadership

Slide 25: Board

Slide 26: Share details and IR contacts

Slide 27: Abbreviations and definitions

Slide 28: Copyright ©, 2022, Sasol