Results of the annual general meeting of Sasol held on 4 December 2015
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” or “the Company”)
Results of the annual general meeting of Sasol held on 4 December 2015
Sasol shareholders are advised that the results of the business conducted at
the annual general meeting held on Friday, 4 December 2015 at the Hyatt
Regency Hotel, 191 Oxford Road, Rosebank, Johannesburg, South Africa are as
follows:
- Total number of Sasol’s ordinary shares in issue is 679 731 562;
- Total number of Sasol’s ordinary shares in issue excluding 8 809 886
treasury shares, being those ordinary shares which are not entitled to
vote at the annual general meeting as at the voting record date of
Friday, 27 November 2015, is 670 921 676(“Total Votable Ordinary
Shares”);
- Total number of ordinary shares in the share capital of Sasol voted in
person or by proxy was 522 521 402, being 77% of Sasol’s issued share
capital and 78% of the Total Votable Ordinary Shares;
- The total number of shares that abstained from voting did not exceed 3%
of the total issued share capital.
1. The audited annual financial statements of the Company and of the Sasol
group, including the reports of the directors, external auditors, audit
committee and the nomination, governance, social and ethics committee for
the financial year ended 30 June 2015 were presented.
2. Ms V N Fakude, Dr M S V Gantsho, Ms I N Mkhize and Mr S Westwell retired by
rotation at the meeting in terms of clause 22.2.1 of the Company’s
Memorandum of Incorporation (“Sasol’s MOI”) and were re-elected
individually for a further term of office:
Total shares voted Shares
abstained
Directors For (%) Against (%) Number %(1) %(1)
V N Fakude 99,88 0,12 521 238 905 76.68 0,19
M S V Gantsho 99,91 0,09 521 079 126 76.66 0,21
I N Mkhize 99,89 0,11 521 237 026 76.68 0,19
S Westwell 99,97 0,03 521 239 697 76.68 0,19
3. PricewaterhouseCoopers Incorporated was automatically re-appointed as the
independent auditor of the Company until the next annual general meeting in
terms of section 90(6) of the Companies Act, 2008 (“the Act”) and it was
noted that Mr Pieter Hough would be the individual registered auditor who
would undertake the audit of the Company for the financial year ending
30 June 2016.
4. The members of the audit committee, Mr C Beggs, Ms N N A Matyumza, Ms I N
Mkhize, Mr M J N Njeke and Mr S Westwell were elected individually for the
financial year ending 30 June 2016 in terms of sections 94(4) and 94(5) of
the Act, read with Regulation 42 of the Companies Regulations, 2011:
Total shares voted Shares
abstained
Directors For (%) Against (%) Number %(1) %(1)
C Beggs 99,97 0,03 521 244 803 76.68 0,19
N N A Matyumza 99,98 0,02 521 243 579 76.68 0,19
I N Mkhize 99,83 0,17 521 241 510 76.68 0,19
M J N Njeke 97,51 2,49 521 078 884 76.66 0,21
S Westwell 99,95 0,05 521 246 465 76.68 0,19
5. Advisory endorsement on the Company’s remuneration policy for the year
ending 30 June 2016 was obtained:
Total shares voted Shares
abstained
For (%) Against (%) Number %(1) %(1)
93,30 6,70 521 255 380 76.69 0,19
6. Special Resolution number 1 approving the remuneration payable by the
company to the resident non-executive directors of the company for their
services as directors with effect from 1 July 2015, was approved:
Total shares voted Shares
abstained
For (%) Against (%) Number %(1) %(1)
97,78 2,20 521 508 842 76.72 0,15
7. Special Resolution number 2 to authorise the Board to approve the general
repurchase by the Company or purchase by any of its subsidiaries of any of
its subsidiaries, of any of the Company’s ordinary shares and/or Sasol BEE
ordinary shares was passed:
Total shares voted Shares
abstained
For (%) Against (%) Number %(1) %(1)
99,54 0,46 521 334 719 76.70 0,18
8. Special Resolution number 3 to authorise the Board to approve, when any
general repurchase by the Company takes place in accordance with special
resolution number 2, the purchase by the Company of its issued shares from
a director and/or a prescribed officer of the Company, and/or person
related to a director or prescribed officer of the Company was passed:
Total shares voted Shares
abstained
For (%) Against (%) Number %(1) %(1)
99,59 0,41 521 514 872 76.72 0,15
Notes:
(1) Expressed as a percentage of 679 731 562 Sasol ordinary shares in issue
as at the Voting Record Date.
4 December 2015
Johannesburg
Sponsor: Deutsche Securities (SA) Proprietary Limited
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