SASOL Integrated Report 2025_Final_28 August 2025 - Flipbook - Page 158
INTRODUCTION
ABOUT SASOL
STRATEGIC OVERVIEW
PORTFOLIOS
ESG
REMUNERATION REPORT
DATA AND ASSURANCE / ADMINISTRATION
PART IV: REMUNERATION IMPLEMENTATION REPORT continued
Executive Directors continued
C. Progress against Minimum Shareholding Requirement (MSR)
Outstanding shares subject to continued employment only until 2029
(excluding accrued dividend equivalents, excluding performance shares)
Executive Director
Minimum
Shareholding
Requirement
(MSR)
MSR
Achievement
period (CY)
Beneficial
shareholding –
number of
shares
Beneficial
shareholding –
30 June 2025 –
R value
Post
tax vesting
SeptemberDecember
20251, 2,3, 14
S Baloyi10
WP Bruns
VD Kahla
R25 200 000
R11 620 000
R5 098 706
2029
2029
2025
20 284
7 816
18 489
R2 966 222
R1 507 148
R5 138 514
R507 942
R456 053
R2 062 162
Beneficial
shareholding
value (including
CY2025 post tax
vesting)
% MSR
Achieved – end
CY202513
Number of
shares
to vest in
CY20264,5,6,7,8
R3 474 163
R1 963 200
R7 200 676
14%
17%
142%
4 471
16 897
19 998
Average JSE June price R87.35.
Average ADR June price $4.83.
Notes
1
Includes the 1st tranche of the award made in September and November 2022. The CPT applied to this award is 83,93%.
2
Includes the restricted award made in December 2020. This award is only subject to a 5 year time based vesting period.
3
Includes the 2nd tranche of the award made in November and December 2020 when the annual September 2020 award was delayed due to the precautionary trading period at the time.
4
Includes the restricted award made in September 2021. This award is only subject to a 5 year time based vesting period.
5
Includes the 2nd tranche of the award made in September 2021. The CPT applied to this award is 83,64%.
6
Includes Mr Bruns’ SVP retention award made in August 2023.
7
Includes the portion of the 1st tranche of the SVP award not subject to CPTs made in September 2023 to Mr Bruns.
8
Includes Mr Bruns’ SVP retention award made in August 2023 which is subject to a 3 year time based vesting period.
9
Includes the restricted awards made in November 2022, August 2023 and August 2024. These awards are subject to 5 year time based vesting periods.
10
Includes the 2nd tranche of the award made in September and November 2022. The CPT applied to this award is 83,93%.
11
Includes the 2nd tranche and restricted portion of the EVP on-appointment award made to Mr Baloyi in May 2022.
12
Includes the restricted portion of the SVP on-appointment award made to Mr Bruns in November 2024.
13
The remuneration committee increased the baseline effective 1 July 2025. Once the MSR has been achieved, the executive will be allowed to sell vested shares held in excess of the MSR.
14
Average June 2025 share price of R87.35 (JSE) and $4.83 (NYSE).
SASOL INTEGRATED REPORT 2025 157
Number of
shares to
vest CY202720299,10,11,12
Total number of
vested shares
subject only to
continued
employment
Pre-tax value of
vested shares
subject only
to continued
employment
(up to CY2029)14
70 882
53 456
49 139
75 353
70 353
69 137
R6 582 064
R6 145 308
R6 039 092
