Integrated_Annual_Report_2026 - Flipbook - Page 174
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
Executive Directors continued
C. Progress against Minimum Shareholding Requirement (MSR)
Outstanding shares subject to continued
employment only until 2029
(excluding accrued dividend equivalents,
excluding performance shares)
Executive Director
Minimum
Shareholding
Initial MSR
Requirement Achievement
(MSR)
period (CY)
Shares
Beneficial
shareholding –
30 June 202612
Post tax
Beneficial
vesting
shareholding
September value (including
– December
CY2026 post
20261,2,3,4,5,13
tax vesting)
% MSR
achieved –
end
CY202611
Number of
shares to vest
in CY20276,7,8
Number of
shares to
vest CY20282029 8,9,10
Pre-tax value of
Total number of
vested shares
vested shares
subject only
subject only
to continued
to continued
employment
employment (up to CY2029)13
S Baloyi
R40 950 000
2029
28 220
R4 545 113
R1 495 345
R6 040 458
15%
15 572
63 489
79 061
R15 467 494
WP Bruns
R12 549 600
2029
18 776
R3 024 063
R2 053 046
R5 077 109
40%
9 848
44 753
54 601
R10 682 140
VD Kahla
R6 612 468
2025
38 569
R6 885 657
R5 395 595
R12 281 252
186%
17 890
41 047
58 937
R11 530 435
Notes
8
Includes the portion of the 1st tranche of the SVP annual award made in August 2024 to Mr Bruns with a split vesting in August 2027 and 2029.
1
Includes the 1st tranche of the award made in FY24. The CPT applied to this award is 72%.
9
2
Includes Mr Bruns’ SVP retention award made in August 2023.
Includes the restricted awards made in August 2023, August 2024 (annual) and November 2024 (EVP on-appointment award). These awards
are subject to 5 year time based vesting periods.
3
Includes the 2nd tranche of the award made in September 2021. The CPT applied to this award is 83,6%.
10 Includes the 2nd tranche of the award made in August 2023 to vest in August 2028 subject to time based vesting criteria.
4
Includes the portion of the FY21 award linked to the Renewable Energy Target where the measurement period was deferred to 31 December
2026 but the performance condition has already been met.
11
5
Includes the restricted LTI award made to Mr Kahla in September 2021. This award is subject to a 5 year time based vesting period.
12 Beneficial shareholding at 30 June 2026 is recorded at the higher of historical cost or 30 June 2026 closing price.
6
Includes the 2nd tranche and restricted portion of the EVP on-appointment award made to Mr Baloyi in May 2022.
13 Average June 2026 share price of R195.64 (JSE) and $11,86 (NYSE).
7
Includes the 2nd tranche of the awards made in September and November 2022, (CPT% is 83,93%) as well as the restricted LTI award made in
November 2022 to Messrs, Baloyi and Kahla.
The CPT applied to this award is 72%.
Once the MSR has been achieved, the executive will be allowed to sell vested shares held in excess of the MSR.
SASOL INTEGRATED REPORT 2026
173
