Integrated_Annual_Report_2026 - Flipbook - Page 179
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
NED fees
Aligned with clause 24 of the Company’s MOI, with effect from 1 January 2026, the fees payable to Non-Executive Directors of the Company for their services as Directors of the Company, are as listed in the table below:
January 2026 – December 20261,2,3
NEDs permanently
residing outside
of Europe/UK/
North-America
(US$)
NEDs permanently
residing
in Europe/UK/
North-America
(US$)
307 000
107 700
46 000
32 100
21 300
21 400
12 800
21 400
12 800
371 700
129 300
55 200
37 400
25 600
25 700
15 500
25 700
15 500
Chairman of the Sasol Limited Board (all inclusive)
Non-Executive Director
Lead Independent Director (additional to director’s fee)
Audit Committee Chairman
Audit Committee member
Remuneration Committee Chairman
Remuneration Committee member
Other Committee Chairman4
Other Committee member4
Notes:
1
Fees are exclusive of value-added tax (VAT) which is added for directors who are registered for VAT.
2
Paid in US dollar or home country currency as appropriate.
3
Exchange rate for conversion from US dollar to ZAR will be fixed for a period of 12 months to prevent exchange rate fluctuations in the actual fees
paid for the ensuing 12-month period.
4
Also applies to any ad hoc Committee constituted by the Board from time to time.
Non-Executive Directors’ fees
Non-Executive Directors
Board
Meeting Fees2
R’000
MBN Dube (Chairman)
M Flöel (Lead Independent Director)3
KC Harper4
DGP Eyton5
MJ Cuambe6
GMB Kennealy
S Subramoney
NX Maluleke7
R Gasant8
TJ Cumming 9
NNA Matyumza10
MEK Nkeli11
6 385
2 077
1 463
2 221
1 805
1 958
1 958
2 101
803
–
–
–
Total
20 771
Notes
1
Fees exclude VAT.
2 Board and Committee fees are denominated in US dollars and are therefore subject to
fluctuations in foreign exchange rates. For non-Executive Directors permanently resident
outside Europe, the United Kingdom and North America, the US$/ZAR exchange rate
applicable to Board and Committee fees was fixed for the first half of FY26 using the average
exchange rate for the period July 2023 to December 2024. The exchange rate applicable to
the second half of FY26 was fixed using the average exchange rate for the period July 2024
to December 2025. In addition, a cost-of-living adjustment is applied to the fees of these
directors. To reduce the impact of currency volatility on non-Executive Directors permanently
resident in Europe, the United Kingdom and North America, the US$/EUR and US$/GBP
exchange rates applicable to Board and Committee fees were fixed for Q2, Q3 and Q4 using
the prevailing average exchange rates at the time the fees were approved.
Lead Independent
Director Fees2
R’000
Committee
Fees2
R’000
964
1 248
458
1 363
845
1 037
613
562
51
–
–
–
6 177
964
3
4
5
6
Ad Hoc or special
purpose Board
Committee2
R’000
Dr Flöel was appointed as Remuneration Committee Chairman and stepped down from
the Capital Investment Committee Chairman role, effective 6 June 2025 while remaining a
member of Capital Investment Committee.
Ms Harper resigned from the Board on 16 February 2026 and received pro rated Board and
Committee fees for Q3.
Mr Eyton stepped down as a member of the Audit Committee, effective 1 June 2026 and
received pro rated committee fees for Q4.
Mr Cuambe was appointed as the Chairman of the Capital Investment Committee, on
6 June 2025. He stepped down as a member of the Safety, Social and Ethics Committee on
22 August 2025 and received pro rated committee fees for Q1.
SASOL INTEGRATED REPORT 2026
178
Total
20261
R’000
Total
20251
R’000
–
–
–
–
–
–
–
–
6 385
4 289
1 921
3 584
2 650
2 995
2 571
2 663
854
–
–
–
6 671
4 234
3 086
3 089
2 606
2 982
2 564
–
–
2 917
421
458
–
27 912
29 028
–
–
7
Ms Maluleke was appointed to the Board effective 9 June 2025, and was appointed to the
Audit, and Safety, Social and Ethics Committees, on 22 August 2025.
8 Mr Gasant was appointed to the Board on 1 February 2026 and received a pro-rated Board
fee. He was appointed to the Audit Committee and the Remuneration Committee on 1 June
2026 and received pro rated committee fee payments.
9 Mr Cumming resigned from the Board on 6 June 2025.
10 Ms Matyumza retired from the Board on 8 September 2024.
11 Ms Nkeli retired from the Board on 31 August 2024.
