Slide 1: Sasol Limited Investor Site Visit | Mining Update
SASOL LIMITED INVESTOR SITE VISIT | MINING UPATE Secunda and Mining Operations Copyright ©, 2023, Sasol
Slide 2: Sasol executive leadership team
Fleetwood Simon Riaan Priscillah Grobler Baloyi Rademan Mabelane President and Executive Vice Executive Vice Executive Vice Chief Executive Officer President: Energy President: Mining President: Energy Operations and Technology Hanré Charlotte Hermann Gerrit Viljoen Sarushen Pillay Rossouw Mokoena W
Slide 3: Agenda
AGENDA DAY 1 Management presentation Business overview Mining operations Underground mining tour Q&A DAY 2 Management presentation Secunda Operations Sustainability Secunda Operations site tour Copyright ©, 2023, Sasol 3
Slide 4: 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: What you will hear today
What you will hear today Progress on implementation of our operational mitigation plans Update on quality improvement initiatives Reserve replacement strategy Mining operations Hermann Wenhold Copyright ©, 2023, Sasol 5
Slide 6: Overview of our mining operations
Overview of our mining operations Coal supply: 62 kms Secunda Coal feedstock to Secunda Operations (SO) for gasification and utility generation Coal blended at our Secunda Coal Supply facility Coal feedstock supplemented by Thungela’s Isibonelo colliery Sasolburg Coal from Sigma Mooikraal Co
Slide 7: What has changed in our mining operations
What has changed in our mining operations Mining the Secunda reserve base since 1970 and have progressed into poorer quality, more geologically complex reserve areas Reserve areas towards the boundary have higher inherent ash and sinks Typical in-seam inorganic content (Included in total and gre
Slide 8: Sustained productivity improvement at Secunda Collieries is key to our future
Sustained productivity improvement at Secunda Collieries is key to our future Productivity reduction experienced since Fulco was implemented 24 months ago Secunda collieries targeting >1 200t/cm/s Productivity (t/cm/s) 1,273 sustainable productivity by FY24/5 1,191 1,219 1,202 1,148 1,131 1,200
Slide 9: Driving targeted initiatives to address our challenges
Driving targeted initiatives to address our challenges Productivity initiatives Coal quality initiatives Full potential programme Operational Integrated quality improvement and blend initiatives management Improved Equipment coal supply High Care, High Standards culture reliability and ensuring avai
Slide 10: Realising Fulco benefits through the Full Potential programme
Realising Fulco benefits through the Full Potential programme Launched in Jan’23 to drive productivity improvement through: Optimising and embedding safe production processes to improve cutting time Capability upliftment prioritising basic mining process skills Improving monitoring and effec
Slide 11: Additional complex-wide productivity improvement initiatives
Additional complex-wide productivity improvement initiatives Improved equipment reliability High Care, High Standards culture Improved mining flexibility and availability Leadership engagement and active Review maintenance strategy and Increase stonework resources to coaching to ensure mining
Slide 12: Increasing flexibility through walk-on, walk-off sections
Increasing flexibility through walk-on, walk-off sections Walk-on, walk-off sections are created by using additional equipment in an existing From: To: section to cut coal and install roofbolts while the existing set of equipment and Introduce 5 walk-on, the next area are prepared for cutting walk
Slide 13: Coal quality improvement initiatives
Coal quality improvement initiatives Short term Medium term Operational improvement Enhancing quality and Improved quality of coal Destoning initiatives blend management purchases CM1 operator training to Evaluating new online coal Finalising fixed term Feasibility study completed in improve
Slide 14: Various long-term coal supply sources being considered
Various long-term coal supply sources being considered SO RUN-OF-MINE SUPPLY BASED ON SO DEMAND Current shortfall in SO coal demand exacerbated by end of 20-year Isibonelo supply in June 2025 External purchases Supply gap of 3-4 mtpa up to FY25 to be closed by Isibonelo additional external purch
Slide 15: FY23 delivery - maintaining momentum into FY24
FY23 delivery - maintaining momentum into FY24 5% improved productivity FY23 coal stockpile Phased rollout of Full for Secunda collieries maintained at target levels Potential programme in H2 FY23 Additional stonework Introduction of walk-on, Progressing safety sections and resources walk-off sectio
Slide 16: FY24 outlook
FY24 outlook Productivity Coal stockpile Improved productivity of Stockpile maintained at Secunda collieries to 975 - >1.5mt ensuring effective 1 100 t/cm/s, supported by coal blending ongoing full potential roll-out Mining unit cost1 Capital R530 – R580 per production ton Capital to include general
Slide 17: Summary: What you heard today
Summary: What you heard today Implementation of Various long-term Improvement productivity Progressing coal coal supply sources initiatives initiatives - quality solutions being considered underpinned by >1 200 t/cm/s in with destoning to optimise 2030 our safety FY24 for Secunda online by FY261 res
Slide 18: Copyright ©, 2023, Sasol
Copyright ©, 2023, Sasol 18
Slide 19: Abbreviations and definitions
Abbreviations and definitions bn billion SA South Africa Capex Capital expenditure SAF Sustainable Aviation Fuels CFC Cash fixed costs SO Secunda Operations CM Continuous Miner SO2 Sulphur dioxide CSI Corporate Social Investment t/cm/s tons per continuous miner per shift ERR Emission Reduction Roadm
Slide 20: Additional information
Additional information JSE: SOL ORDINARY SHARE ISIN: ZAE000006896 NYSE: SSL Cusip: 803866300 Depositary Bank: ADR JP Morgan Depositary Receipts ISIN: US8038663006 Ratio DR:ORD – 1:1 Investor Relations Media investor.relations@sasol.com alex.anderson@sasol.com +27 10 344 9280 +27 71 600