Successful Conclusion Of The Decision Of The Minister Of Forestry, Fisheries And The Environment On Sasol’s Appeal
Sasol Limited
(Incorporated in the Republic of South Africa)
(Registration number 1979/003231/06)
Sasol Ordinary Share codes: JSE: SOL NYSE: SSL
Sasol Ordinary ISIN codes: ZAE000006896 US8038663006
Sasol BEE Ordinary Share code: JSE: SOLBE1
Sasol BEE Ordinary ISIN code: ZAE000151817
(Sasol, the Company, Equity issuer)
Sasol Financing Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1998/019838/06)
Company code: SFIE
LEI: 378900A5BC68CC18C276
(Sasol Financing, Debt issuer)
SUCCESSFUL CONCLUSION OF THE DECISION OF THE MINISTER OF FORESTRY,
FISHERIES AND THE ENVIRONMENT ON SASOL'S APPEAL RELATED TO ITS
CLAUSE 12A APPLICATION
Shareholders are referred to Sasol's SENS announcement of 8 April 2024 in which it
was stated that the Minister of Forestry, Fisheries and the Environment permitted
sulphur dioxide (SO2) emissions, generated from the boilers at our Secunda
Operations' steam plants, to be regulated on an alternative emission load basis from
1 April 2025 to 31 March 2030. It was further stated that the decision was contingent
on the finalisation of a further regulatory requirement for it to take full effect.
On 26 July 2024 Sasol received notification of the concentration-based limits the
Minister has determined to be applied with the load-based limit. This decision must
be read in conjunction with the decision issued by the Minister on 5 April 2025.
Sasol can accordingly continue with the implementation of its load-based integrated
solution.
Sasol will apply to the local licensing authority to incorporate the abovementioned
limits in the atmospheric emissions license (AEL) for its Secunda Operations, to give
effect to the Ministers decision. The varied AEL will enable lawful operations from 1
April 2025.
The decision is available on our website: www.sasol.com
29 July 2024
Sandton
Equity Sponsor
Merrill Lynch South Africa Proprietary Limited t/a BofA Securities
Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 29-07-2024 07:05:00
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