SASOL Integrated Report 2025_Final_28 August 2025 - Flipbook - Page 128
INTRODUCTION
ABOUT SASOL
STRATEGIC OVERVIEW
PORTFOLIOS
ESG
DATA AND ASSURANCE / ADMINISTRATION
REMUNERATION REPORT
GOVERNANCE continued
GROUP GOVERNANCE continued
Our Board Committees continued
Remuneration
Committee
MEMBERS
MEETINGS
ATTENDANCE
MEMBERS
5
99%^
S Baloyi
MJ Cuambe^
MBN Dube**
MJ Cuambe
KC Harper**
S Subramoney
*
Appointed as Chairman on 6 June 2025
**
Appointed as member on 14 September 2024
^
Safety, Social
and Ethics
Committee
CHAIRMAN
M Flöel*
REMCO
• To ensure the Group remunerates its employees fairly, responsibly and
transparently by, inter alia, implementing affordable, competitive and
fair reward practices so as to promote the achievement of strategic
objectives and positive outcomes in the short, medium, and long term.
• To monitor and ensure remuneration-related governance is maintained.
• To provide a channel of communication between the Board and
management on remuneration matters.
Key matters dealt with in 2025 and focus areas for 2026
A Ensuring effective reward practices and governance throughout the
execution of the Remuneration Policy.
A Continuing to engage with shareholders on the Group’s key focus
A
A
A
A
areas in our Remuneration Policy and Implementation Report and
ensuring the appropriateness of our reward practices.
Reviewing short- and long-term incentive plan targets and design
principles to ensure ongoing relevance and alignment with our
strategic direction and commitments made at Capital Markets Day.
Comprehensive review of the long-term incentive plan rules as well
as the introduction of the post termination service shareholding
requirements for members of the Group Executive Committee,
including Executive Directors.
Reviewing the status of healthcare and retirement plans in the Group.
Our people are essential in ensuring that Sasol’s strategic priorities,
communicated at Capital Markets Day, are achieved. The Committee
will therefore specifically focus on ensuring Sasol’s people retention
risks are mitigated and that reward practices and incentive plan
targets and design principles support the achievement of these
strategic priorities.
Refer to the Remuneration Report for more detail, on page 134.
CHAIRMAN
DGP Eyton*
MEETINGS
ATTENDANCE
5
100%
M Flöel
VD Kahla
NX Muleke#
*
Appointed as Chairman on 14 September 2024
**
Resigned a Chairman of the Committee upon her appointment as Chairman of
the Board on 13 September 2024. Appointed as member of the Committee on
1 May 2025
Mr Cuambe could not attend the meeting on 12 November 2024 due to the
political unrest that took place in Mozambique at that stage
Mandate
SSEC
#
Appointed as member on 22 August 2025
^
MBN Cuambe stepped down on 22 August 2025
Mandate
• To oversee:
• Safety, health and environmental performance and associated
regulatory compliance.
• Social and ethical responsibilities.
• Corporate citizenship.
• Stakeholder relations, including employees, customers and
government authorities.
• Assess risk in the Committee’s areas of responsibility, reviewing
associated strategy development and implementation, focused
according to risk.
• Shape environmental and social sustainability strategy development; and
• Ensure the integrity of sustainability reporting.
Key matters dealt with in 2025 and focus areas for 2026
A Evolving Sasol’s safety culture and reviewing process safety systems
A
A
A
A
A
to reduce high severity incidents.
Improving operational resilience, including in relation to extreme
weather events.
Protecting human rights through Sasol’s activities and relationships,
as outlined in its Human Rights Policy, and fostering a strong ethical
culture throughout the organisation.
Ensuring Sasol meets its air quality, greenhouse gas and fresh water
requirements, and enables reduced plastic pollution.
Monitoring organisational change and labour relations.
Working with local communities to promote inclusion and economic
development.
Refer to the Report of the Chairman of the Safety, Social and Ethics Committee and
other sustainability matters pages 74 – 75.
SASOL INTEGRATED REPORT 2025 127
The President and CEO is
not a member of the Audit
Committee, Remuneration
Committee nor the Nomination
and Governance Committee but
attends meetings by invitation.
He is requested to leave the
meeting, where appropriate,
before any decisions are made
that relate to him personally.
www
The complete terms of reference of the Committees are available on
Sasol’s website, www.sasol.com
