Appointment Of Sasol President And Chief Executive Officer
Sasol Limited
(Incorporated in the Republic of South Africa)
(Registration number 1979/003231/06)
Sasol Ordinary Share codes: JSE: SOL NYSE: SSL
Sasol Ordinary ISIN codes: ZAE000006896 US8038663006
Sasol BEE Ordinary Share code: JSE: SOLBE1
Sasol BEE Ordinary ISIN code: ZAE000151817
(Sasol, the Company, Equity issuer)
Sasol Financing Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1998/019838/06)
Company code: SFIE
LEI: 378900A5BC68CC18C276
(Sasol Financing, the Company, Debt issuer)
APPOINTMENT OF SASOL PRESIDENT AND CHIEF EXECUTIVE OFFICER
The Board of Sasol Limited is pleased to announce the appointment of Mr Simon Baloyi as the President
and Chief Executive Officer and executive director of the Company with effect from 1 April 2024.
Simon will succeed Mr Fleetwood Grobler, the current President and Chief Executive Officer of Sasol
Limited. Fleetwood will continue to serve in an executive advisor role until 31 December 2024, to ensure a
smooth and structured handover.
The Board embarked on a comprehensive recruitment programme to identify a successor to Fleetwood.
Internal and external candidates were considered and the process sought to identify the best leader for the
role to ensure the candidate would be best positioned to most effectively serve the Company's interests
going forward.
Simon Baloyi is currently employed as the Executive Vice President, Energy Operations and Technology at
Sasol. He has proven technical and operational skills and holds Master's degrees in Engineering
Management and in Chemical Engineering. He has served in various management positions since joining
the Sasol Group in 2002.
Mr Simon Baloyi noted: "I am looking forward to working with the Board, management, the Sasol family and
all our stakeholders."
Mr Stephen Westwell, Chairman of Sasol, said: "Through Fleetwood's resolute leadership, Sasol is on track
to be more resilient, and live up to our purpose of innovating for a better world. In January 2024, Fleetwood
will celebrate his 40th service anniversary with Sasol and we are extremely thankful for his dedication and
commitment to Sasol over his illustrious career. In addition, the Board has full confidence in Simon's ability
to lead Sasol. We believe that his strategic outlook, excellent leadership skills, technical and business
acumen and deep experience of our operations will stand him in excellent stead to take over the helm."
17 November 2023
Johannesburg
Equity Sponsor
Merrill Lynch South Africa Proprietary Limited t/a BofA Securities
Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 17-11-2023 07:05:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.