Sasol announces Sipho Nkosi steps down as chairman, non-executive director

Shareholders are advised in terms of paragraph 3.59 of the JSE Listings Requirements that Sipho Nkosi has stepped down as chairman and non-executive director of Sasol. Nkosi came to the conclusion that, while he was comfortable that he would be able to comply with the conflict of interest requirements of the Companies Act, 2008 and of the company, he was concerned that some of his business interests may be perceived to place him in conflict with the interests of Sasol. The board has appointed Stephen Westwell, currently non-executive and lead independent director, as pro tem chairman of the board of Sasol, with effect from November 11. The nomination and governance committee will in due course nominate a successor for the role of chairman in line with its formal succession plan.