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SASOL FINANCING LIMITED - Appointment Of Independent Non-Executive Director

Release Date: 13/05/2024 07:05
Code(s): SOL04 SOL03 SOL01 SOL02 SOL SOLBE1     PDF:  
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Appointment Of Independent 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, Debt issuer)

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR
In compliance with para 3.59 of the JSE Listings Requirements and para 6.39 of the JSE Debt Listings
Requirements, shareholders are advised that the board of directors of the Company (the Board) has
appointed Mr Timothy (Tim) John Cumming as a non-executive director of Sasol with effect from
1 June 2024, in accordance with the Company's policy for the nomination of directors. Mr Cumming
satisfies the independence requirements for directors under applicable requirements in South Africa
and the United States.

Tim is the chairman of DRDGOLD Limited, a non-executive director of Sibanye-Stillwater Limited and
the chairman of its Remuneration Committee. He is also a non-executive director of Nedgroup
Investments Limited and serves as the chairman of Riscura Holdings Limited.

He has a wealth of experience in financial services, including periods as an executive at Old Mutual
Limited, HSBC Bank plc and Allan Gray Limited. Tim started his career as an engineer at Anglo
American Corporation of South Africa Limited. He worked on several gold mines and diamond mines
in Southern Africa. He is the founder and executive director of Scatterlinks Proprietary Limited, a
South African-based company providing leadership development services and strategic advisory
services.

He holds a BSc Engineering (Hons) degree from the University of Cape Town and an MA (Politics,
Philosophy and Economics) degree from Oxford University.

The chairman of the Sasol Board, Mr Steve Westwell, said: "We are pleased to welcome Tim to the
Sasol Board. His background and experience in the mining and financial services sectors will stand
Sasol in good stead as we navigate a challenging time in our history."

13 May 2024
Sandton

Equity Sponsor
Merrill Lynch South Africa Proprietary Limited t/a BofA Securities

Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

Date: 13-05-2024 07:05:00
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