SOL: SASOL LIMITED - Dealings in Securities by Directors of Sasol and Directors of Major Subsidiaries of Sasol

SOL: SASOL LIMITED - Dealings in Securities by Directors of Sasol and Directors of Major Subsidiaries of Sasol Dealings in Securities by Directors of Sasol and Directors of Major Subsidiaries of Sasol 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" or "Company") DEALINGS IN SECURITIES BY DIRECTORS OF SASOL AND DIRECTORS OF MAJOR SUBSIDIARIES OF SASOL In compliance with paragraph 3.63 to 3.66 of the JSE Limited Listings Requirements ("Listings Requirements"), Sasol hereby announces that directors of Sasol, and directors of major subsidiaries of Sasol have, in terms of the Sasol Long-Term Incentive Plan ("Plan"), been issued shares in terms of previously accepted LTI grants as follows: - 2015 award (balance vested) at the achievement of corporate performance targets of 47% (GEC) and 68,2% (SVP and lower) respectively which were achieved over the performance period 2015 - 2018. The balance of 50% of these vested shares were subject to a 2 year time period. - 2017 (50% of the award) at the achievement of corporate performance targets of 26% (GEC) and 56% (SVP and lower) respectively which were achieved over the performance period 2017 - 2020. The balance of these shares (after application of the performance targets), will vest in 2022 subject to the rules of the Plan. Participants have the option to retain all shares, sell sufficient shares to cover the tax liability and retain the balance of shares or to sell the vested shares. The dealings are as set out below. Vesting date: 6 October 2020 Class of shares: Sasol ordinary shares Initial issue price per right: R0,00 Nature of Transaction: Retention of vested shares off-market Nature and extent of interest: Direct beneficial Surname and Designation Company Number Price per Total value initials of share of the shares (ZAR) transaction (ZAR) Baijnath, B Director Sasol South Africa 983 123,03 120 938,49 Limited Brand, H C Prescribed Sasol Limited 1 391 123,03 171 134,73 Officer Grobler, F R Director Sasol Limited 3 961 123,03 487 321,83 Kahla, V D Director Sasol Limited 4 557 123,03 560 647,71 Sasol South Africa Limited Sasol (USA) Corporation Sasol Oil (Pty) Ltd Khoele, G L Director Sasol Oil (Pty) Ltd 881 123,03 108 389,43 Laxa, R M Director Sasol South Africa 1 915 123,03 235 602,45 Limited Mokoena, C K Director Sasol South Africa 3 468 123,03 426 668,04 Limited Sasol Oil (Pty) Ltd Solomon, M S Director Sasol South Africa 1 715 123,03 210 996,45 Limited Victor, P Director Sasol Limited 3 572 123,03 439 463,16 Sasol (USA) Corporation Vilakazi, P M Director Sasol South Africa 1 000 123,03 123 030,00 Limited Sasol Oil (Pty) Ltd Vesting date: 6 October 2020 Transaction date: 6 October 2020 to 8 October 2020 Class of shares: Sasol ordinary shares Initial issue price per right: R0,00 Nature of Transaction: Sale of vested shares on-market Nature and extent of interest: Direct beneficial Surname and Designation Company Number Average Total value initials of Selling of the shares Price per transaction share (ZAR) (ZAR)* Baijnath, B Director Sasol South Africa 907 123,00 111 563,99 Limited Booley, T Director Sasol South Africa 5 869 123,00 721 906,37 Limited Sasol Oil (Pty) Ltd Brand, H C Prescribed Sasol Limited 1 284 123,00 157 936,24 Officer Grobler, F R Director Sasol Limited 3 653 123,00 449 331,05 Kahla, V D Director Sasol Limited 4 205 123,00 517 228,88 Sasol South Africa Limited Sasol (USA) Corporation Sasol Oil (Pty) Ltd Khoele, G L Director Sasol Oil (Pty) Ltd 812 123,00 99 878,68 Klingenberg, B E Director Sasol Chemicals 10 243 123,00 1 259 922,80 (USA) LLC Sasol Oil (Pty) Ltd Laxa, R M Director Sasol South Africa 1 767 123,00 217 346,83 Limited Mokoena, C K Director Sasol South Africa 3 200 123,00 393 610,56 Limited Sasol Oil (Pty) Ltd Nndwammbi, N Director Sasol South Africa 1 656 123,00 203 693,46 G Limited Sasol Oil (Pty) Ltd Solomon, M S Director Sasol South Africa 1 582 123,00 194 591,22 Limited Stofberg, N Director Sasol Chemicals 2 407 123,00 296 068,94 (USA) LLC Victor, P Director Sasol Limited 3 296 123,00 405 418,88 Sasol (USA) Corporation Vilakazi, P M Director Sasol South Africa 922 123,00 113 409,04 Limited Sasol Oil (Pty) Ltd * Average selling price per share is based on transactions effected by the Company over a period of three days. The shares were allotted on the day of vesting and immediately sold by means of a bulk sale with effect from the vesting date. Proceeds are allocated to the shares sold by directors, as with all employees, based on the outcome of the bulk sale, which concluded on 8 October 2020. The highest and lowest prices, as well as VWAP prices for each day were as follows: Date Highest price Lowest price Volume Weighted Average Price 6 October 2020 122.60 122.00 122.0060 7 October 2020 122.25 122.25 122.2500 8 October 2020 127.85 124.30 124.6346 In terms of paragraph 3.66 of the Listings Requirements, the necessary clearance to deal has been obtained for all the transactions set out above. 12 October 2020 Sandton Sponsor: Merrill Lynch South Africa Proprietary Limited Date: 12-10-2020 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.