Integrated_Annual_Report_2026 - Flipbook - Page 166
INTRODUCTION
SASOL AT A
GLANCE
DRIVING SUSTAINABLE
VALUE CREATION
EXECUTING
STRATEGY
DELIVERING
BUSINESS VALUE
SUMMARISED FINANCIAL
PERFORMANCE
CORPORATE
GOVERNANCE
REMUNERATION
REPORT
SUSTAINABILITY
REPORT
ASSURANCE /
ADMINISTRATION
PART III: REMUNERATION IMPLEMENTATION REPORT CONTINUED
STI Plan Outcomes
The outcomes of the FY26 STI are reflected in the Group STI
scorecard refer to page 166, which outlines the results achieved
against each KPI.
The policy provision that provides for the discretionary ability to
moderate non-financial performance outcomes to target where
overall financial performance has not achieved 100% of target,
is intended to ensure an appropriate balance between financial
and non-financial performance and to protect the Group from
unaffordable incentive outcomes. The Committee considered
Sasol’s overall performance, liquidity position, positive free cash
flow generation and the affordability of the proposed incentive
outcomes and agreed that the non-financial outcomes would
not be capped at Target. Furthermore, many of the sustainability,
operational and strategic outcomes achieved during FY26 are
critical enablers of future value creation and reflect deliberate
management actions taken to strengthen the business despite a
challenging external environment.
700
700
600
600
600
500
500
400
52%
300
39%
19%
200
33%
26%
48%
35%
25%
100
52%
400
300
40%
20%
28%
200
37%
29%
44%
31%
23%
100%
0
GEC
threshold
GEC
2026 actual
Annual TGP/Base Salary
GEC
target
GEC
max
STI
LTI
500
52%
400
41%
300
8%
30%
200
47%
32%
100%
45%
27%
18%
CEO
threshold
CEO
2026 actual
CEO
target
CEO
max
100
100
100%
%of Total Annual Reward
700
%of Total Annual Reward
%of Total Annual Reward
FY26 represented a year of improved overall performance for the
Group, with notable progress across a number of key financial,
operational and sustainability measures. Stronger production
volumes, supported by improved equipment availability and coal
quality, contributed to improved financial performance and enabled
the Group to exceed its cash cost optimisation target. While
production performance increased, there was an increase in the
coal purchases due to lower own mining production, contributing
to the Group not achieving 100% of the gross margin target.
While free cash flow benefitted from the improved operational
performance, higher than planned working capital moderated the
overall outcome. The Committee was pleased with the overall
improvement in process and occupational safety performance.
However, the unfortunate occurrence of two fatalities during the
year underscores that safety remains our highest priority.
Group Executive Committee (GEC) remuneration mix
20%
0
0
CFO
threshold
CFO
2026 actual
CFO
target
CFO
max
Remuneration Mix Outcomes
The graphs illustrate the remuneration mix approved by the Committee for the CEO, CFO and the average of the remaining GEC
members together with the actual FY26 remuneration outcomes relative to these potential earnings.
This resulted in the following final STI scores (after the
application of the fatality penalty):
• GEC: 89,5%
• All other STI participants: Between 89,5% and 93,5%,
depending on role category and employing entity.
SASOL INTEGRATED REPORT 2026
165
