Sasol : Results presentation for the six months ended 31 December 2021

Interim Financial Results

for the six months ended 31 December 2021

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Forward-looking statements

These statements may also relate to our future prospects, expectations, developments and business strategies

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Sasol may, in this document, make certain statements that relate to analyses and other information which are based on forecasts of future results (related to the future rather than past events and facts) and estimates of amounts not yet determinable. These statements may also relate to our future prospects, expectations, developments, analysis of potentially applicable regulations (national and regional) and business strategies specifically related to climate change, sustainability, ESG matters and GHGs. Examples of such forward-looking statements include, but are not limited to, statements regarding

our climate change strategy generally, "Future Sasol", our energy efficiency improvement target, our three-pillar emission-

reduction framework, our absolute GHG emission-reduction target, our development of sustainability within our Energy and Chemicals Businesses and our estimated carbon tax liability. Words such as "aim", "estimate", "believe", "anticipate", "expect", "intend", "seek", "will", "plan", "could", "may", "endeavour", "target", "forecast", "committed", "project" and similar expressions are intended to identify such 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, calculations, forecasts, projections and other forward-looking statements will not be achieved. Therefore, you should not place undue reliance on any forward-looking statements. 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. Important factors that could cause actual results to differ materially from those in the forward-looking statements specifically related to this presentation include, but are not limited to, changing regulatory requirements, technology advances, interpretations and definitions of renewable energy and/or renewable energy sources, economic and political environments relating to climate change, sustainability, severe weather, ESG and/or GHGs in the countries in which Sasol operates; potential liability of the Sasol's operations under existing or future environmental regulations, including international climate change related agreements regarding GHGs calculations, reduction methods, and/or offsets and the nascent and continued development of Sasol's presentation, including the metrics and assumptions used by management in the preparation of this report. These

factors and others are discussed more fully under the heading "Risk Factors" in our most recent annual report on Form 20-F

filed on or about 22 September 2021 and in other filings we make with the SEC. The list of factors discussed therein is not exhaustive; when relying on forward-looking statements to make investment decisions, you should carefully consider both these factors and other uncertainties and events. 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.

Comprehensive additional information is available on our website: www.sasol.com

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BUSINESS OVERVIEW

• Fleetwood Grobler

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Progressing our four key priorities

Safety

Operational Excellence

Environmental, social and

governance (ESG)

Shareholder value

delivery

Progress

• Intensified safety focus
• Fatalities not acceptable
• Sasol 2.0 defined - operating model reset
• Strong ramp-up in US specialty chemicals
• Lower production mostly in SA Operations
• Climate change strategy in place
• Progressing partnerships

• Balance sheet reset
• Capital allocation framework refined

Focus areas

• Focused interventions embedded
• Reaffirming zero harm objective
• Prioritising SA business recovery
• Committed to $30-35/bbl SA break-even
• Continued delivery of Sasol 2.0
• Continue progressing the gas transition
• Advancing SAF1, green hydrogen and RE2
• Moving towards dividend resumption
• Concluding asset divestments

		Strong macro recovery supporting balance sheet recovery
	1. Sustainable Aviation Fuel	2. Renewable energy
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Progressing sustainable safety improvement

Fatalities, LWDC1 and RCR

	120				0.6
	100				0.5
andfatalities	80				0.4
60				0.3	RCR
LWDC¹	40				0.2
	20				0.1
	0				0
	FY18	FY19	FY20	FY21	FY22 (YTD)
		Fatalities	LWDC	RCR

Recordable Case Rate (RCR) at 0,282

• Five tragic fatalities
• Committed and dedicated leader-championed safety culture
• Additional leadership focus areas identified
• Enabling a work environment where our employees have improved understanding of risks and potential severity of undesirable outcomes
• Encouraging a culture where employees feel free to stop unsafe work and report
• Institutionalising lessons learnt from previous incidents

		Embedding safety and operational discipline as the foundation of our organisation
	1. Lost work day cases	2. Excluding illnesses
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