Integrated_Annual_Report_2026 - Flipbook - Page 168
INTRODUCTION
SASOL AT A
GLANCE
DRIVING SUSTAINABLE
VALUE CREATION
EXECUTING
STRATEGY
DELIVERING
BUSINESS VALUE
SUMMARISED FINANCIAL
PERFORMANCE
CORPORATE
GOVERNANCE
SUSTAINABILITY
REPORT
REMUNERATION
REPORT
ASSURANCE /
ADMINISTRATION
PART III: REMUNERATION IMPLEMENTATION REPORT CONTINUED
FY26 was a defining year for Sasol, characterised by strong leadership and disciplined execution
that delivered materially improved operational, financial and strategic outcomes. Under the leadership
of the CEO and Group Executive Committee, the Group achieved substantially improved Secunda
production results, improved customer satisfaction and employee engagement results, strengthened
operational resilience and advanced several strategic initiatives critical to Sasol’s long-term
competitiveness.
Stakeholder confidence improved materially during the year, reflected in enhanced investor
engagement, a significant increase in United States shareholding and substantial share price
appreciation. In addition, meaningful progress was achieved in leadership succession, organisational
effectiveness, transformation and talent development.
Collectively, these outcomes demonstrate leadership impact well beyond the achievement of annual
operating targets and contributed to stronger business performance, enhanced strategic positioning
and a more resilient platform for sustainable long-term value creation. Accordingly, the Committee
concluded that the performance of the CEO and executive team warranted an outcome above target.
Significant progress was made in enhancing financial resilience, including a material improvement in
South African break-even performance, delivery of Chemicals earnings despite challenging market
conditions, successful execution of key refinancing initiatives, and strengthened liquidity and cash
management. The executive team also advanced Sasol’s strategic positioning through progress in
sustainable products, decarbonisation initiatives and the development of the Group’s longer-term
strategic framework.
The individual performance component contributes to the final STI amount approved for payment. The STI awards for our Executive Directors were calculated with
reference to their personal performance which carried a weighting of 20% in the final calculation. A summary of the scorecard outcomes is herewith presented:
SIMON BALOYI
President and Chief
Executive Officer
Individual performance factor:
KPI
1
Individual performance factor:
WEIGHTING
OUTCOME
Employee - Culture and
Engagement
15%
Exceeded
Strategy – CMD execution
plans
15%
Exceeded
Strategy – Emission reduction
roadmap delivery
10%
Partially
achieved
ESG – Sustainability roadmap
and carbon tax
30%
Strategy - Medium Term
refinancing
Improve Customer Centricity
focus
Outcome1
WALT BRUNS
Chief Financial Officer
KPI
VUYO KAHLA
Executive Director
Individual performance factor:
WEIGHTING
OUTCOME
Employee - Culture and
Engagement
15%
Exceeded
Strategy – Strengthen
Foundation Business Delivery
20%
Strategy - Grow and
Transform
Achieved
15%
Exceeded
15%
Achieved
WEIGHTING
OUTCOME
Employee - Culture and
Engagement
15%
Exceeded
Achieved
Strategy – CMD execution
plans
25%
Exceeded
10%
Achieved
Sustainability – ERP
roadmap
25%
Achieved
Governance - Financial Controls
and Integrated Business
Planning
20%
Exceeded
Sustainability – Supply chain
strategy
25%
Achieved
Strategy - Medium Term
Refinancing
Achieved
Exceeded
Governance – Second level
assurance
10%
15%
20%
Achieved
100%
110%
100%
110%
100%
110%
Partnerships - Carbon Tax
Outcome1
KPI
Outcome1
Individual performance includes an ‘above the line’ element relating to individual performance goals and a ‘below the line’ element relating to values and compliance. Performance assessment includes a review of
demonstrated behaviour in line with Sasol’s values, management development, team effectiveness and ensuring a healthy succession pipeline.
SASOL INTEGRATED REPORT 2026
167
Classification
Achieved
Partially achieved
Not achieved
