SASOL LIMITED: PRODUCTION AND SALES METRICS AND TRADING STATEMENT FOR THE YEAR ENDED 30 JUNE 2025

Core Viewpoint - Sasol is navigating a challenging macro environment while focusing on self-help initiatives to strengthen its foundation and mitigate global volatility impacts, with expectations to meet most financial guidance for FY25 [2][6]. Business Performance - The company achieved volume guidance across most business segments, although Secunda Operations and Natref faced unplanned disruptions affecting Q4 FY25 production [2]. - In Southern Africa, Sasol strategically reduced its own coal production and supplemented it with higher quality purchased coal, leading to improved gasifier performance in Q4 FY25 [3]. - Liquid fuels sales increased in Q4 FY25 due to higher production and purchases, while external gas sales improved with increased customer demand [3]. - The International Chemicals business saw revenue growth in Q4 FY25, driven by higher sales volumes from improved US production, despite lower average sales prices due to market conditions [4]. Business Updates - Sasol is progressing on strategic priorities to strengthen its business, including a mining destoning project expected to complete in H1 FY26 at a cost of less than R1 billion [5]. - The company received a net payment of R4.3 billion on 30 June 2025 as a settlement of legal disputes with Transnet [5]. - Natref continues to operate as planned despite the parent company being placed under administration, with ongoing engagements to ensure operational continuity [5]. - A significant milestone in digital transformation was achieved with the successful go-live of the SAP S4/Hana pilot in Italy [5]. - The mothballing of certain plants is on track, with production already stopped at the Guerbet plant in Lake Charles and the Alkylphenol site in Germany [5]. Outlook - Sasol maintains strong liquidity and strict cost management to support financial resilience, alongside a proactive hedging program to manage market volatility [6]. - Following a 90-day suspension of US import tariffs, new tariff rates will take effect on 1 August 2025, with ongoing stakeholder engagements to mitigate disruptions [7]. Trading Statement - For the year ended 30 June 2025, earnings per share (EPS) are expected to increase by more than 20% compared to a loss per share of R69.94 reported for the previous year [9]. - A comprehensive trading statement will be published once there is more certainty regarding EPS and headline earnings per share (HEPS) ranges [10]. Renewable Energy Initiatives - In June 2025, Sasol concluded additional renewable energy power purchase agreements, increasing access to 920MW of renewable energy in South Africa [12]. - A virtual PPA was signed in the USA to source approximately 93MW of renewable energy, covering about 50% of electricity consumption at the Lake Charles facility by mid FY27 [12]. - Natref commissioned new low-carbon boilers in May 2025, marking a key milestone in emissions reduction and renewable diesel production [12].