Retirement of lead independent 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 US803663006
Sasol BEE Ordinary Share code: JSE: SOLBE1
Sasol BEE Ordinary ISIN code: ZAE000151817
(“Sasol” or “the Company”)
RETIREMENT OF LEAD INDEPENDENT DIRECTOR
After eighteen years on the Sasol board of directors (“the
Board”), seven of which have been as the lead independent
director, Professor Jürgen Erich Schrempp, has indicated that
he will step down as director and lead independent director of
the Company at its annual general meeting on 4 December 2015.
Professor Schrempp reached retirement age in the 2014 calendar
year and the Board had then agreed to extend his term until
the end of the 2015 calendar year to ensure continuity on the
Board.
Professor Schrempp said: “I am very pleased to have served
this great company for nearly two decades and depart with a
sense of pride for leaving behind a great Board to lead Sasol
into the future.”
Dr Mandla Gantsho, the chairman of the Board said: "It’s been
a great pleasure working with Jürgen. I would like to thank
him for his outstanding eighteen-year contribution to Sasol. I
wish Jürgen much success in the future and thank him for the
years of guidance he has given to Sasol. I’m pleased that he
has agreed to continue to support the Board in some important
initiatives, especially on leadership development and
succession."
The Board will make an announcement on the appointment of a
lead independent director to succeed Professor Schrempp at the
appropriate time.
9 September 2015
Johannesburg
Sponsor: Deutsche Securities (SA) Proprietary Limited
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