Slide 1: Sasol Investor presentation
Sasol Investor presentation Copyright ©, 2025, Sasol
Slide 2: Disclaimer - Forward-looking statements
Disclaimer - Forward-looking statements Sasol may, in this document, make certain statements that are not historical facts that 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 o
Slide 3: Table of contents
TABLE OF CONTENTS Business overview 4 Strategy 9 FY25 Business and financial performance 16 Additional information 23 Copyright ©, 2025, Sasol 3
Slide 4: Business overview
BUSINESS OVERVIEW Copyright Copyright ©, 2025, ©,Sasol 2025, Sasol 4
Slide 5: About Sasol
About Sasol Sasol is a global chemicals and energy company. We harness our knowledge and expertise to integrate sophisticated technologies and Our purpose guides everything we do and enables the diversity of shared processes into world-scale operating facilities value. It drives us to achieve outcom
Slide 6: Sasol at a glance
Sasol at a glance North America Eurasia 27 411 employees worldwide ▪ Lake Charles Chemicals assets in Louisiana – USA: ▪ Specialty chemicals (100% owned and operated) including ethylene oxide, alumina, Ziegler alcohols, Market capitalisation of >R50 MEG and ethoxylates ▪ European Specialty Chemicals
Slide 7: Our integrated business
Our integrated business SOURCE PRODUCE MARKET SOUTHERN AFRICA ENERGY AND CHEMICALS BUSINESS MODEL Feedstock/utilities Leveraging unique technologies Supplying customers globally Coal Coal-to- liquids (CTL) ▪ SA - Secunda and Sasolburg Fuels Gas Natural gas Gas-to- liquids (GTL) ▪ SA - Secunda and Sa
Slide 8: Key South African sectors supported by Sasol
Key South African sectors supported by Sasol Transportation with Sasol Agriculture Automotive supplying 30% Mining industry Plastics and through our industry local liquid fuels fertilisers and through our demand and packaging through the supply through polymer crop-enhancing explosives of polymers a
Slide 9: Strategy
STRATEGY Copyright Copyright ©, 2025, ©,Sasol 2025, Sasol 9
Slide 10: Our strategic approach to deliver Future Sasol
Our strategic approach to deliver Future Sasol Ensure resilient Southern Africa Business … transform Reduce GHG emissions and carbon intensity Building a into a more stronger Unlocking potential in International Chemicals sustainable foundation future to… Shift our portfolio towards more sustainable
Slide 11: Strengthening our Foundation business for sustainable value
Strengthening our Foundation business for sustainable value Restoring the Southern Africa value chain and unlocking value US$50/bbl FY26 FY27 FY28 SA value chain oil breakeven >7,4mt by FY281 Coal quality Operational Secunda Operations improvement reliability volume Resetting the International Chemi
Slide 12: Optimised Emissions Reduction Roadmap (ERR)
Optimised Emissions Reduction Roadmap (ERR) to achieve our 30% target by 2030, focusing mainly on SA emission reduction No turndown Lower capital Increased Market Air quality of Secunda spend Renewable Mechanisms compliance production Energy Optimised boiler R 4 - 7bn Leverage Increase from Complian
Slide 13: Unlocking sustainable growth through a customer-driven transition
Unlocking sustainable growth through a customer-driven transition New Power Business Sustainable fuels and chemicals Retain value from gas business as NG resource declines Accessing new market opportunities Leveraging our competitive advantages, driven by value creation Copyright ©, 2025, Sasol 13
Slide 14: Clear financial pathway to a more competitive business
Clear financial pathway to a more competitive business By FY28 Improved EBITDA generation Adj. EBITDA1 Up to R71bn Strengthened Balance Sheet Net Debt2 Below US$3bn Disciplined Capital Allocation Sustainable and competitive shareholder value 1. Nominal terms 2. Net debt excluding lease liabilities C
Slide 15: Sasol investment case - Stronger, resilient and sustainable Sasol
Sasol investment case - Stronger, resilient and sustainable Sasol Strengthen our foundation Grow and Transform IMPROVED GREATER CLEAR TRANSITION ATTRACTIVE CASH FLOW RESILIENCE STRATEGY GROWTH PROSPECTS Clear action plans Capital allocation discipline Optimised ERR Value accretive options US$50/bbl
Slide 16: Business and financial performance
BUSINESS AND FINANCIAL PERFORMANCE ◎ For the year ended 30 June 2025 Copyright ©, 2025, Copyright ©,Sasol 2025, Sasol 16
Slide 17: FY25 Business performance - Focused delivery amid a challenging landscape
FY25 Business performance - Focused delivery amid a challenging landscape Lower oil price and Lowerrefining weaker oil price margins Stronger Lower-for-longer Regulatory and and weaker Rand/USD exchange chemicals outlook Trade uncertainty refining margins rate Destoning plant SA brent oil breakeven1
Slide 18: FY25 financial performance driven by cost discipline strategic initiatives
FY25 financial performance driven by cost discipline strategic initiatives FY25 FY24 Adjusted EBITDA1 Rm Rm % Turnover 249 096 275 111 9▼ FY25: R52bn Gross margin 112 118 127 895 12▼ 7,5 (15%) Gross margin % 45 47 2▼ Cash fixed cost (69 872) (69 490) 1▲ 43,5 (85%) Adjusted EBITDA 51 764 60 012 14▼ R
Slide 19: Capital allocation framework - Prioritising Balance Sheet strength
Capital allocation framework - Prioritising Balance Sheet strength 5,0 4,5 Maintain safe and reliable operations 4,0 1st order allocation Net debt US$ bn Selective growth and transform 3,5 Net debt FY25 Net debt target US$3,7bn <US$3bn 3,0 2,5 2,0 2nd order capital 1,5 allocation Net debt1 sustainab
Slide 20: FY26 Outlook - Driving performance to deliver value
FY26 Outlook - Driving performance to deliver value Enhanced Cash fixed cash generation Working Volumes cost capital1 Deliver in Managed line with below 15,5 - 16,5% targets inflation Deleveraging Sustainable shareholder Capital Risk value Net Management expenditure2 Debt3 Complete FY27 R24 - 26bn <
Slide 21: Progressing on our Emission Reduction Roadmap levers
Progressing on our Emission Reduction Roadmap levers ERR levers 120MW Optimised First equivalent boiler 3MW boiler turndown at SO turndown completed in April 2025 98MW Carbon offset strategy revised Market Potential future investments mechanisms in offset projects 150MW 10MW 2,9% annual improvement
Slide 22: Creating value for our key stakeholders
Creating value for our key stakeholders Contribution to society Contribution to the economy Employees and Shareholders and organised labour providers of capital R36bn in wages and benefits Headline earnings of R35 per share Communities, Governments and societies, NGOs regulatory authorities R42,6bn
Slide 23: Additional information
ADDITIONAL INFORMATION Copyright ©, 2025, Sasol 23
Slide 24: Sasol leadership
Sasol leadership Simon Baloyi President and CEO Antje Sandile Victor Christian Thabile Vuyo Walt Sarushen Gerber Siyaya Bester Herrmann Makgala Kahla Bruns Pillay EVP: International EVP: Mining EVP: Operations EVP: Marketing and EVP: People, Risk, EVP: Commercial Group Chief EVP: Business Chemicals
Slide 25: Sasol Board of Directors
Sasol Board of Directors Our Group is organised Muriel Simon Manuel David Martina Kathy into four portfolios each Dube Baloyi Cuambe Eyton Flöel Harper with explicit focus and Committee: Committee: Committee: Committee: Committee: Committee: ▪ Chairman of the Member: • Chairman of the Capital • Chai
Slide 26: Additional information
Additional information ▪ JSE: SOL ORDINARY SHARE ▪ ISIN: ZAE000006896 ▪ NYSE: SSL ▪ Cusip: US8038663006 ▪ Depositary Bank: ADR JP Morgan Depositary ▪ ISIN: US8038663006 ▪ Ratio DR:ORD – 1:1 Receipts Investor Relations investor.relations@sasol.com +27 10 344 9280 Copyright ©, 2025, Sasol 26
Slide 27: Abbreviations and definitions
Abbreviations and definitions ADR American Depositary Receipts JV Joint venture Bn Billion MEG mono-ethylene glycol CTL Coal-to-liquids mm bbl million barrel EBITDA Earnings before interest, tax, depreciation and amortisation Mt million tons ERR Emissions Reduction Roadmap MW Megawatt ETO Ethoxylate
Slide 28: Copyright ©, 2025, Sasol
Copyright ©, 2025, Sasol 28