#Johannesburg #South Africa #Sasol Limited #Sasol Financing #US Dollar Notes

Sasol Limited Announces New Senior Notes Offering

Johannesburg, April 1, 2026 – Sasol Limited has officially priced its offering of US dollar-denominated senior notes through its wholly owned subsidiary, Sasol Financing USA LLC. This latest issuance amounts to $750 million in notes due in 2033, offering a competitive coupon rate of 8.750% per annum.

The senior notes are classified as general unsecured obligations of the Issuer, and Sasol Limited provides a comprehensive and unconditional guarantee for these notes. The anticipated closing date for this transaction is on April 10, 2026, contingent upon the fulfillment of customary closing conditions. The funding garnered from this issuance will primarily be allocated towards repaying existing debt obligations, bolstering the company's overall financial health and facilitating various corporate purposes.

The notes will be offered under Rule 144A and Regulation S, specifically tailored for institutional investors and non-US persons. Importantly, this announcement is not an offer to sell or a solicitation for an offer to purchase the securities in any jurisdiction where such an action would be unlawful prior to compliance with applicable securities laws. Moreover, the notes themselves will not be registered under the U.S. Securities Act of 1933, thereby limiting their sale to qualified institutional buyers in the United States.

This offering complements Sasol’s strategic financial maneuvers aimed at optimizing its capital structure as well as enhancing its liquidity position. Given the volatile nature of the energy market, proactive measures such as these are instrumental in sustaining the company’s operational efficacy and future growth trajectories. By managing and possibly reducing leverage, Sasol aims to fortify its resilience against market fluctuations.

Market Context

The global economic climate recently has been characterized by rising interest rates and shifting capital costs, making the issuance of high-yield bonds a crucial focus for companies aiming to refinance existing debts or fuel growth initiatives. Sasol’s proactive approach to securing favorable financing terms demonstrates its commitment to maintaining flexibility within its financial operations.

Furthermore, investors seeking higher yields may find the 8.750% coupon rate of Sasol's notes appealing amidst a backdrop where traditional savings instruments yield lower returns. However, potential investors should carefully consider the inherent risks associated with investing in high-yield debt, including credit risk and market volatility. As stated, all appropriate disclosures and risk assessments would be thoroughly provided in accordance with the applicable regulations, including those imposed under the Prospectus Regulation for the European Economic Area.

Conclusion

This senior notes offering reflects Sasol’s ongoing efforts to navigate financial challenges and capitalize on strategic opportunities in changing economic conditions. As this announcement unfolds, stakeholders and interested parties are encouraged to monitor developments surrounding the offering and its implications for Sasol's future growth. All updates will be communicated promptly to ensure transparency and informed decision-making moving forward.

For any queries, contact Elizna Viljoen, Group Company Secretary, at Sasol Financing USA LLC via email. Stay tuned for more updates regarding the status of this offering and future initiatives from Sasol Limited as they strive to reinforce their foothold in the market.