SASOL HOSTS CAPITAL MARKETS DAY AND THE SASOL LIMITED BOARD APPROVES A CHANGE IN DIVIDEND POLICY
Capital markets day
JOHANNESBURG, May 20, 2025 /PRNewswire/ -- Sasol Limited is hosting a Capital Markets Day today, 20 May 2025, to provide an update on its strategy aimed at strengthening the foundation business and positioning the Group for growth and transformation.
The update on the strategy focuses on plans to:
- Restore the Southern Africa value chain;
- Reset the International Chemicals business;
- Grow and Transform the business; and
- Progress the emissions reduction commitments aligned to Sasol's Emissions Reduction Roadmap (ERR).
These plans are underpinned by a robust financial framework aimed at delivering value, reducing debt, and restoring shareholder returns.
The live webcast presentation will commence at 10:00 SAST. To access the webcast, please register using the following link: https://evolve.eventoptions.co.za/register/sasolcmdvirtual/single
Presentation materials will be available on Sasol's website at https://www.sasol.com/index.php/investor-centre/capital-markets-day
A recording of the webcast will be made available online following the event.
Change in dividend policy
Shareholders are advised that the Sasol Limited Board of Directors ("the Board") has approved a revision to the Company's dividend policy.
Previously, Sasol's dividend policy included a dividend trigger based on achieving a sustainable net debt below US$4 billion (excluding leases). The Board has approved the adjustment to the dividend trigger to a threshold of net debt sustainably below US$3 billion (excluding leases).
All other elements of the dividend policy remain unchanged.
This revised policy is considered a prudent step, better aligned with the prevailing volatility in the macro-economic environment and Sasol's commitment to maintaining a resilient balance sheet and ensuring sustainable future shareholder returns.
For further information, please contact:
Sasol Investor Relations,
Tiffany Sydow, VP Investor Relations
Telephone: +27 (0) 71 673 1929
investor.relations@sasol.com
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SOURCE Sasol Limited