Integrated_Annual_Report_2026 - Flipbook - Page 176
INTRODUCTION
SASOL AT A
GLANCE
EXECUTING
STRATEGY
DRIVING SUSTAINABLE
VALUE CREATION
DELIVERING
BUSINESS VALUE
SUMMARISED FINANCIAL
PERFORMANCE
CORPORATE
GOVERNANCE
REMUNERATION
REPORT
SUSTAINABILITY
REPORT
ASSURANCE /
ADMINISTRATION
PART III: REMUNERATION IMPLEMENTATION REPORT CONTINUED
Prescribed Officers continued
B. Unvested LTI holdings (number and intrinsic value) for 2026
V Bester
Number
AGM Gerber
Intrinsic
value2
R’000
Number
C Herrmann
AT Makgala
Intrinsic
value2
$’000
Number
Intrinsic
value2
$’000
Number
CK Mokoena5
SD Pillay
Intrinsic
value2
R’000
Number
Intrinsic
value2
R’000
Number
Intrinsic
value2
R’000
SL Siyaya6
H Wenhold7
Intrinsic
value2
Number
R’000
Intrinsic
value2
Number
R’000
Balance at the beginning
of the year
77 615
6 113
85 378
377
122 021
539
–
–
162 969
12 835
69 031
5 437
–
–
123 098
Awards granted1
66 132
8 284
93 110
666
74 488
533
64 863
7 219
–
–
56 376
7 062
57 684
7 225
–
–
Change in value2
–
8 795
–
710
–
805
–
3 267
–
4 678
–
7 860
–
3 847
–
4 710
Effect of corporate
performance targets
(100)
(14)
–
–
(574)
(5)
–
–
–
–
(569)
(79)
(38)
(5)
–
–
Dividend equivalents
528
74
–
–
2 529
21
–
–
–
–
1 467
204
238
33
–
–
Awards settled3
(1 511)
(189)
–
–
(19 674)
(137)
–
–
–
–
(9 285)
(1 567)
(1 125)
(141)
–
–
Awards forfeited
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Effect of changes in
Prescribed Officers
–
–
–
–
–
–
–
–
(162 969)
(17 513)
–
–
39 958
4 676
142 664
23 063
178 488
1 753
178 790
1 756
64 863
10 486
–
–
117 020
18 917
96 717
15 635
Balance at the end of
the year4
9 695
(123 098) (14 405)
–
1
LTIs granted on 8 September 2025 and 28 November 2025 (Ms Makgala).
2
Intrinsic values at the beginning and end of the year have been determined using the closing price of:
30 June 2026 R161,66 ($9,82)
30 June 2025 R78,76 ($4,42)
Change in intrinsic value for the year results from changes in share price.
3
Long-term incentives settled represent long-term incentives that vested with reference to the group results for 2025 that was settled in the 2026 financial year. The full amount of the remaining 50% that vested in the current year is disclosed in the total earned remuneration table. It also included the
second tranche of awards which vested in 2023 (on which there were no further performance conditions) and the restricted LTI awards, both granted in 2020. The difference between the long-term incentive gains disclosed in 2025 and the amount settled in 2026 is due to difference in actual share
price at vesting date and the share price used in the previous disclosures.
4
The balance includes a total of 2 333 award issued in FY21 for which the renewable energy CPT has been deferred up to 31 December 2026.
5
Ms Mokoena stepped down as Prescribed Officer on 30 September 2025 having reached the group’s retirement age.
6
Mr Siyaya was appointed on 1 September 2025 as EVP: Mining.
7
Mr Wenhold stepped down as Prescribed Officer on 31 August 2025 having reached the group’s retirement age.
.
SASOL INTEGRATED REPORT 2026
175
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