Production and Sales Metrics for the 3 Months Ended 30 September 2022; Operational Update for SA and Lake Charles
(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” or “the Company”)
PRODUCTION AND SALES METRICS FOR THE THREE MONTHS ENDED 30 SEPTEMBER
2022; OPERATIONAL UPDATE FOR SOUTH AFRICA AND LAKE CHARLES
PRODUCTION AND SALES METRICS FOR THE THREE MONTHS ENDED 30 SEPTEMBER
Sasol has published its production and sales performance metrics for the 3 months ended 30
September 2022 on the Company´s website at www.sasol.com, under the Investor Centre
OPERATIONAL UPDATE FOR SOUTH AFRICA AND LAKE CHARLES
Employees of South Africa’s railway company, Transnet SOC Ltd (“Transnet”), and its affiliates
embarked on a wage related strike on 6 October 2022. Sasol subsequently received a notice of
force majeure from Transnet, which impacts the movement of certain feedstocks and products
between our inland operations and the Durban and Richards Bay ports.
As a result, Sasol has declared force majeure on the local supply and export of certain chemical
products. Production rates at selected plants in Secunda and Sasolburg have been impacted.
The Natref refinery continues to operate as no disruption was caused to Transnet’s pipelines.
Negotiations between Transnet and the majority trade union concluded on 17 October 2022.
Port and rail activities have commenced, with the discharge of containers from ships in the
harbor prioritised. We are unable to quantify the impact on our South African value chains, as
the extent and timing to clear the backlogs across the port and rail system remain uncertain.
On 15 October 2022, a fire occurred at the new Ziegler alcohol unit at the Lake Charles Chemicals
Complex. Our on-site emergency response team responded swiftly, and the fire was contained
with no injuries reported. The investigation is underway to determine the cause, extent of the
damage, and the scope and timeline of repair.
We will continue to monitor the situation closely and provide further updates, as appropriate.
20 October 2022
Sponsor: Merrill Lynch South Africa Proprietary Limited t/a BofA Securities
Disclaimer - 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 prospects, expectations, developments, and
business strategies. Examples of such forward-looking statements include, but are not limited to, the impact
of the novel coronavirus (COVID-19) pandemic, and measures taken in response, on Sasol’s business,
results of operations, markets, employees, financial condition and liquidity; the effectiveness of any actions
taken by Sasol to address or limit any impact of COVID-19 on its business; the capital cost of our projects
and the timing of project milestones; our ability to obtain financing to meet the funding requirements of our
capital investment programme, as well as to fund our ongoing business activities and to pay dividends;
statements regarding our future results of operations and financial condition, and regarding future economic
performance including cost containment, cash conservation programmes and business optimisation
initiatives; recent and proposed accounting pronouncements and their impact on our future results of
operations and financial condition; our business strategy, performance outlook, plans, objectives or goals;
statements regarding future competition, volume growth and changes in market share in the industries and
markets for our products; our existing or anticipated investments, acquisitions of new businesses or the
disposal of existing businesses, including estimates or projection of internal rates of return and future
profitability; our estimated oil, gas and coal reserves; the probable future outcome of litigation, legislative,
regulatory and fiscal developments, including statements regarding our ability to comply with future laws
and regulations; future fluctuations in refining margins and crude oil, natural gas and petroleum and
chemical product prices; the demand, pricing and cyclicality of oil, gas and petrochemical product prices;
changes in the fuel and gas pricing mechanisms in South Africa and their effects on prices, our operating
results and profitability; statements regarding future fluctuations in exchange and interest rates and
changes in credit ratings; total shareholder return; our current or future products and anticipated customer
demand for these products; assumptions relating to macroeconomics; climate change impacts and our
climate change strategies, our development of sustainability within our Energy and Chemicals Businesses,
our energy efficiency improvement, carbon and GHG emission reduction targets, our net zero carbon
emissions ambition and future low-carbon initiatives, including relating to green hydrogen and sustainable
aviation fuel; our estimated carbon tax liability; cyber security; and statements of assumptions underlying
such statements. Words such as “believe”, “anticipate”, “expect”, “intend", “seek”, “will”, “plan”, “could”,
“may”, “endeavour”, “target”, “forecast” and “project” and similar expressions are intended to identify
forward-looking statements but are not the exclusive means of identifying such statements. By their very
nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and
there are risks that the predictions, forecasts, projections, and other forward-looking statements will not be
achieved. If one or more of these risks materialise, or should underlying assumptions prove incorrect, our
actual results may differ materially from those anticipated. You should understand that a number of
important factors could cause actual results to differ materially from the plans, objectives, expectations,
estimates and intentions expressed in such forward-looking statements. These factors and others are
discussed more fully in our most recent annual report on Form 20-F filed on 31 August 2022 and in other
filings with the United States Securities and Exchange Commission. The list of factors discussed therein is
not exhaustive; when relying on forward-looking statements to make investment decisions, you should
carefully consider foregoing factors and other uncertainties and events, and you should not place undue
reliance on forward-looking statements. Forward-looking statements apply only as of the date on which
they are made, and we do not undertake any obligation to update or revise any of them, whether as a result
of new information, future events or otherwise.
Date: 20-10-2022 07:05:00
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