SASOL Integrated Report 2025_Final_28 August 2025 - Flipbook - Page 161
INTRODUCTION
ABOUT SASOL
STRATEGIC OVERVIEW
PORTFOLIOS
ESG
REMUNERATION REPORT
DATA AND ASSURANCE / ADMINISTRATION
PART IV: REMUNERATION IMPLEMENTATION REPORT continued
C. Progress against Minimum Shareholding Requirement (MSR)
Outstanding shares subject to continued employment only until 2029
(excluding accrued dividend equivalents, excluding performance shares)
V Bester
A Gerber
C Herrmann
CK Mokoena
SD Pillay
H Wenhold
Minimum
Shareholding
Requirement
(MSR)
MSR
Achievement
period (CY)
Shares
Beneficial
shareholding –
30 June 2025
R4 550 000
$531 200
$430 800
R4 188 219
R4 060 000
R4 970 000
2030
2030
2030
2026
2030
2029
3 225
–
4 773
16 221
3 635
23 331
R257 839
$–
$32 075
R4 187 602
R317 517
R3 036 867
Post tax
vesting
SeptemberDecember
20251, 2,3,14
Beneficial
shareholding
value (including
CY2025 post tax
vesting)
% MSR
Achieved – end
CY202513
Number of
shares to
vest in
CY20264,5,6,7
R304 936
$–
$77 577
R5 881 449
R498 392
R3 874 528
–
–
$522 527
$39 316
R673 269
R2 637 461
7%
–%
18%
140%
12%
78%
4 099
–
13 518
16 427
3 762
12 843
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 and on-appointment awards 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 the 1st tranche of the portion of Mr Pillay’s SVP on appointment award not subject to CPTs made in May 2023.
7
Includes the 1st tranche of the SVP award not subject to CPTs made in September 2023 to Messrs Wenhold, Bester and Pillay.
8
Includes the restricted awards made in November 2022, August 2023 and August 2024. These awards are subject to 5 year time based vesting periods.
9
Includes the 2nd tranche of the award made in September and November 2022. The CPT applied to this award is 83,93%.
10
Includes Mr Herrmann’s retention award made in August 2024.
11
Includes the 2nd tranche of the portion of Mr Pillay’s SVP on appointment award not subject to CPTs made in May 2023.
12
Includes the restricted portion of the EVP on-appointment awards made to Ms Gerber and Messrs Bester, Herrmann and Pillay made in August 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 160
Number of
shares to vest
CY2027–
20298,9,10,11,12
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
26 609
25 613
45 745
40 363
16 704
36 846
30 708
25 613
59 263
56 790
20 466
49 689
R2 682 319
$123 711
$286 242
R4 960 630
R1 787 670
R4 340 336
