#Johannesburg #South Africa #Audit Committee #Sasol Limited #Stanley Subramoney

Appointment Announcement

Sasol Limited has made an important announcement regarding changes within its corporate governance structure. Effective November 14, 2026, Mr. Stanley Subramoney will take on the role of Chairman of the Audit Committee and will serve as Sasol’s financial expert. This strategic decision comes in alignment with regulatory compliance, meeting the requirements set forth by the JSE Listings and Debt and Specialist Securities Listings.

A Leader with Extensive Experience

Mr. Subramoney has taken an active role in the Sasol Board since 2021, serving as an independent non-executive director. His involvement in both the Audit and Remuneration Committees demonstrates a strong foundation in corporate governance.

With a robust background as a chartered accountant, Mr. Subramoney has accrued 27 years of experience at PwC, where he occupied prestigious positions, including audit and advisory partner, along with serving as Deputy Chief Executive Officer of PwC Southern Africa. His wealth of knowledge encompasses accounting, auditing, and international business practices, skills that will undoubtedly provide significant value to Sasol.

Currently, he holds the position of Chief Executive Officer at Menston Holdings, a diversified investment company, and is also an independent non-executive director of the Nedbank Group, previously chairing its Audit and Credit Committees. This impressive array of roles underlines Mr. Subramoney’s capability in guiding Sasol’s Audit Committee effectively.

Statement from the Board

Ms. Muriel Dube, the Chairman of Sasol's Board, expressed her confidence in Mr. Subramoney's leadership. She remarked, "Stanley has been a valued member of the Sasol Board and Audit Committee since 2021. His extensive accounting and audit expertise, along with his deep understanding of our organization gained during this tenure, perfectly positions him to lead the Audit Committee." Dube continued to advocate for Mr. Subramoney’s potential, affirming that the Board anticipates his strong leadership will contribute tremendously to the company’s future direction.

As the industry faces evolving challenges and opportunities, Mr. Subramoney’s appointment is not just a change in title but a pivotal move aimed at bolstering Sasol’s commitment to sound financial oversight and governance practices. The Board and stakeholders look forward to the strategic directions that will emerge from this leadership transition.

Looking Ahead

With Stanley Subramoney at the helm of the Audit Committee, Sasol is strategically positioning itself to navigate the complexities of the business landscape while reinforcing its commitment to transparency and accountability.

For further inquiries or detailed information, investors and stakeholders are encouraged to reach out to Sasol's Investor Relations department. Tiffany Sydow, the Vice President of Investor Relations, is available for contact via telephone at +27 (0) 71 673 1929 or via email at [email protected]

As developments unfold, the focus remains on enhancing governance while driving value for all stakeholders involved. Sasol Limited continues to engage actively in incorporating best practices for corporate governance and remains committed to transparency in its operations.