Resignation Of Mr Sipho Nkosi As Chairman And Non-Executive Director
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)
RESIGNATION OF MR SIPHO NKOSI AS CHAIRMAN AND NON-EXECUTIVE DIRECTOR
OF SASOL LIMITED
Shareholders are advised in terms of paragraph 3.59 of the JSE Listings Requirements that
Mr Sipho Nkosi has stepped down as Chairman and non-executive director of Sasol Limited on
10 November 2023. Mr Nkosi came to the conclusion that, while he was comfortable that he
would be able to comply with the conflict of interest requirements of the Companies Act, 2008
(Act No. 71 of 2008) and of the Company, he was concerned that some of his business interests
may be perceived to place him in conflict with the interests of Sasol.
The Board has appointed Mr Stephen Westwell, currently non-executive and lead independent
director, as pro tem Chairman of the Board of Sasol Limited, with effect from
11 November 2023. The Nomination and Governance Committee will in due course nominate a
successor for the role of chairman in line with its formal succession plan.
Mr Westwell said: "The Board commends Mr Nkosi for the leadership he has provided to the
Board leading to the determination of the Future Sasol strategy and its implementation. The
Board of directors thank Mr Nkosi for his dedication during his tenure as Chairman of the Board
and wish him well for the future."
13 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: 13-11-2023 07:14:00
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