SASOL Integrated Report 2025_Final_28 August 2025 - Flipbook - Page 139
INTRODUCTION
ABOUT SASOL
STRATEGIC OVERVIEW
PORTFOLIOS
ESG
REMUNERATION REPORT
DATA AND ASSURANCE / ADMINISTRATION
PART II: REMUNERATION COMMITTEE CHAIRMAN’S BACKGROUND STATEMENT
KEY MESSAGES
I am pleased to present the Remuneration
Report for the financial year ended
30 June 2025. This year has been pivotal in
aligning our remuneration with Sasol’s evolving
strategic objectives in the context of a dynamic
global landscape.
Dr. Martina Flöel | Chairman of Remuneration Committee
Dear stakeholders
FY25 has been a pivotal year for Sasol. Internal and external
realities provided strategic input for a compelling plan
presented at the Capital Markets Day, to strengthen, grow
and transform the business, underpinned by a robust
financial framework. The Committee extensively considered
these commitments during our deliberations in the past year.
The Remuneration Committee remains committed to ensuring that our reward
structures support Sasol’s journey, incentivise delivery against both near-term
and longer-term priorities and consider shareholder expectations.
The end of FY24 saw the finalisation of a new Group Executive structure and
over the past 15 months, we appointed a new CEO, CFO and four new group
executive committee members. Only three members of our current group
executive structure were in their positions prior to 1 April 2024 and early
in FY26, two of them will retire. With one external appointment, four group
executive committee members were promoted from within our organisation.
In addition to a thorough review of the remuneration policy, the Committee
also considered and approved competitive remuneration structures for the
newly appointed group executives during this year.
Shareholder feedback and engagement
We are always grateful for the support that
we receive from our investors. The vast majority
supported our remuneration policy and
implementation report at the 2024 annual
general meeting.
Of the shareholders who voted, 83,10% voted in
favour of our remuneration policy and 93,47%
voted in favour of our implementation report.
Consistent with past practice in June 2024, in
preparation for FY25, we met with our large
institutional investors to share our policy
parameters and listen to their concerns.
Shareholder feedback was duly considered by
the Committee and incorporated into the FY25
remuneration plans where it aligned with our
remuneration strategy and improved the
alignment between executive remuneration
and long-term shareholder value creation.
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• Close alignments to group
strategic priorities and
shareholder value creation
• Recognition for performance
at Group, Business Unit and
individual levels
• Review of the peer group to
ensure ongoing relevance
• Retention of key and critical
staff in the context of strict
cost management
