JOHANNESBURG, Jan. 22, 2024 /PRNewswire/ — Sasol shareholders are hereby advised of the results of the business conducted at Sasol’s annual general meeting held on Friday, 19 January 2024.

All the resolutions were passed by the requisite majority of voting rights exercised. The results are as follows:

1.  The audited annual financial statements of the Company and the Group, including the reports of the directors, external auditors, the Audit Committee and the Safety, Social and Ethics Committee for the financial year ended 30 June 2023, were presented.

2.  Non-binding advisory resolution number 1:  To endorse, on a non-binding advisory basis, the Company’s remuneration policy

 

3.  Non-binding advisory resolution number 2:  To endorse, on a non-binding advisory basis, the implementation report of the Company’s remuneration policy

4.  Non-binding advisory resolution number 3:  To endorse, on a non-binding advisory basis, Sasol’s climate change management approach and its commitment to, and progress on, its decarbonisation pathway towards achieving the 2030 target and 2050 net zero ambition, that balances a long-term sustainable transition and the ability to create value as described in the Company’s 2023 Climate Change Report. To further endorse the Company’s 2023 Climate Change Report’s consistency with the Task Force on Climate-related Financial Disclosure requirements

 

5.  Ordinary resolution number 1- 1: To re-elect Mr M J Cuambe as a director of the Company

 

6.  Ordinary resolution number 1- 2: To re-elect Ms M B N Dube as a director of the Company

7.  Ordinary resolution number 1- 3: To re-elect Dr M Flöel as a director of the Company

8.  Ordinary resolution number 1- 4: To re-elect Mr F R Grobler as a director of the Company

9.  Ordinary resolution number 1- 5: To re-elect Ms M E K Nkeli as a director of the Company

10.  Ordinary resolution number 2: To appoint KPMG Inc, nominated by the Company’s Audit Committee, as independent auditor of the Company and the Group

11.  Ordinary resolution number 3- 1: To elect Ms M B N Dube as member of the Audit Committee of the Company to hold office until the end of the next AGM

12.  Ordinary resolution number 3- 2: To elect Ms K C Harper as member of the Audit Committee of the Company to hold office until the end of the next AGM

13.  Ordinary resolution number 3- 3: To elect Ms G M B Kennealy (Chairman) as member of the Audit Committee of the Company to hold office until the end of the next AGM

14.  Ordinary resolution number 3- 4: To elect Ms N N A Matyumza as member of the Audit Committee of the Company to hold office until the end of the next AGM

15.  Ordinary resolution number 3- 5: To elect Mr S Subramoney as member of the Audit Committee of the Company to hold office until the end of the next AGM

16.  Special resolution number 1: To approve the remuneration payable to non-executive directors of the Company for their services as directors

17.  Special resolution number 2: To authorise the Board to approve the general repurchase by the Company or by any of its subsidiaries, of any of the Company’s ordinary shares and/or Sasol BEE Ordinary Shares

18.  Special resolution number 3: To authorise the Board to approve the purchase by the Company (as part of a general repurchase in accordance with special resolution number 2), of its issued Ordinary or Sasol BEE Ordinary shares from a director and/ or a prescribed officer of the Company, and/or persons related to a director or prescribed officer of the Company

*  Based on the total number of Sasol Ordinary Shares and Sasol BEE Ordinary Shares in issue, being 644 967 612, as at Friday, 12 January 2024, being the Record Date of the annual general meeting.

** Based on the total number of shares that voted for or against a resolution at the annual general meeting.

For further information, please contact:

Sasol Investor Relations,

Tiffany Sydow, VP Investor Relations

Telephone: +27 (0) 71 673 1929

[email protected]

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SOURCE Sasol Limited

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