Integrated_Annual_Report_2026 - Flipbook - Page 184
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: LOOKING FORWARD – FY27
August Committee Decisions
At the 27 August 2026 Committee meeting the following items were approved with respect to FY27, in line with the policy outlined in this report.
Annual salary review
Long-term Incentive KPIs
The cost of non-bargaining unit annual salary increases, including market adjustments where
applicable effective 1 October 2026: SA: 4,00%, US: 2,50%, Germany: 1,90%, Italy: 1,90%,
Mozambique: 4,50%.
The FY27 Long-term Incentive (LTI) KPI framework was reviewed to ensure continued alignment
with 2025 Capital Markets Day commitments and long-term value creation objectives. The
Committee concluded that the FY26 measures remain appropriate and therefore retained a largely
unchanged KPI framework for FY27.
FY27 Incentive KPIs
Short-term Incentive KPIs
Weighting
(FY27)
Occupational Safety1
10%
# Hospitalisations
Process Safety
10%
# FERs
5%
Energy Efficiency
Unit of measure
Energy Efficiency improvement %
15%
Normalised Gross Margin
Cash Fixed Cost
Optimisation2
15%
Normalised absolute CFC before short
term incentives
Production Volumes
10%
Secunda Operations Production
Volumes
Free cash flow
generation2
35%
Free cash flow (before second-order
capital expenditure and dividends paid)
to Turnover ratio
Gross Margin2
Group
Financials
(75%)
ESG
(25%)
KPI – Key Performance
Indicator FY27
Group
Financials
(75%)
ESG
(Climate)
(5%)
ESG
(People)
(20%)
We have retained most of the Incentive Plan KPIs included in the FY26 STI scorecard in order to
support the delivery of the Group’s strategic priorities for FY27.
1
To be moderated for injury severity using the ISS methodology.
2
Normalised for macroeconomic conditions and other factors outside of management’s control, as approved by the Committee
1
KPI – Key Performance
Indicator FY27
Weighting
(FY27)
Unit of measure
Scope 1 and 2 GHG
Intensity at Secunda
Operations
25%
Improve on Scope 1 and 2 GHG
intensity for Secunda Operations
Southern Africa
breakeven oil price
20%
FY29 SA breakeven oil price
International Chemicals
EBITDA margin %
10%
FY29 Adjusted EBITDA margin %
for International Chemicals
Net debt (US$)1
15%
FY29 Net debt
Relative TSR measured
against the peer group
30%
60th percentile of the FY27
peer group
Excluding leases, before second-order capital expenditure and dividends
SASOL INTEGRATED REPORT 2026
183
