Slide 1: Sasol Limited Market Update
SASOL LIMITED MARKET UPDATE 17 March 2020 Copyright ©, 2020, Sasol
Slide 2: Forward-looking statements and definitions
Forward-looking statements and definitions 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
Slide 3: The case for change
The case for change COVID-19 Crude oil Global GDP volatility ~US$30/bbl uncertain downside risk to global economy remains changing consumer behaviours from a ~US$60/bbl oil world significant Covenant Liquidity Own response manageable ~US$2,5bn targeting US$6bn to reduce leverage and reposition Sasol
Slide 4: Balance sheet management | Liquidity position
Balance sheet management | Liquidity position Potential rights issue Addressing financing needs in a volatile US$ billion Asset disposal macro environment +US$6bn response strategy programme Creating the right capital structure for low Cash conservation oil price environment programme Solid plat
Slide 5: Comprehensive response strategy
Comprehensive response strategy Mar’20 Jun 20 Dec 20 Jun 21 Dec 21 Jun 22 Self help • Comprehensive business optimisation management • Capital re-prioritisation – safety and asset US$1bn US$1bn US$1bn integrity remains priority sustainable actions • Working capital optimisation programme Stepped-up
Slide 6: Sasol of the future
Sasol of the future Profitable & Shareholder returns Efficient cash flow positive capital structure 45% low oil prices 1,5x payout improved position on cost curve Net debt : EBITDA dividend payout targeted by FY22 Diverse Utilising key earnings profile competencies Reposition for a strategically adv
Slide 7: SAaSOu
SAaSOu