1. Sasol, a South African Success Story: Providing effective assurance on compliance to Audit Committees in a challenging economic climate

2. Page 2 Table of Contents ► Compliance Overview ► Benefits of a Compliance Program ► Sasol’s Compliance Risk Management Framework ► Sasol’s Compliance Activities and Initiatives ► Sasol’s Compliance Culture ► Compliance Reporting Template ► Compliance Moment Sasol, a South African Success Story: Providing effective assurance on compliance to Audit Committees in a challenging economic climate

3. Page 3 Compliance Overview ► King Code III: “The Board should ensure that the company complies with applicable laws and considers adherence to non-binding rules, codes and standards.... the CEO may appoint a compliance officer to assist in the execution of the compliance function,....” ► US Federal Sentencing Guidelines: “High-level personnel of the organisation shall ensure that the organisation has an effective compliance and ethics program.... Specific individual(s)... shall be assigned overall responsibility for the compliance and ethics program.” Sasol, a South African Success Story: Providing effective assurance on compliance to Audit Committees in a challenging economic climate

4. Page 4 Benefits of a Compliance Program ► Avoid/reduce criminal fines ► Avoid/reduce punitive damages ► Avoid civil liability ► Avoid loss of licenses to operate ► Protect/strengthen brand reputation ► Avoid/reduce consumer/third party complaints and ethics calls ► Maintain goodwill with governments, i.e. regulators & legislators Sasol, a South African Success Story: Providing effective assurance on compliance to Audit Committees in a challenging economic climate

5. Page 5 Compliance Risk Management Framework Sasol, a South African Success Story: Providing effective assurance on compliance to Audit Committees in a challenging economic climate

6. Page 6 Sasol’s Compliance Culture ► Compliance Moments e.g. MTN Compliance Moment ► Compliance Note ► Training and awareness ► Annual Compliance Certification ► Tone at the Top – Exco Roadshows, communication ► Mood in the Middle - OME Compliance Template ► Buzz at the bottom – ethics risk assessment, EthicsLine ► Third Party risk management – SCM, Sanctions, ABAC ► Collaboration with key stakeholders i.e. Legal, Risk, Ethics and Audit Sasol, a South African Success Story: Providing effective assurance on compliance to Audit Committees in a challenging economic climate

7. Page 7 Compliance Reporting Template ► Brief summary of Complaints Management (including tracking of complaints and trends): ► Material/Significant Regulatory Interactions for the quarter (including regulatory compliance audits/on-site visits) ► Regulatory Reporting Requirements (current & next quarter) ► Potential Compliance Notice/Penalty/Fine Exposures/orders, rules or guidance issued by Regulators ► Catchall, any other significant events that could have an impact on compliance Sasol, a South African Success Story: Providing effective assurance on compliance to Audit Committees in a challenging economic climate

8. Page 8 Compliance Moment ► It must be applicable / relevant to Sasol; ► It must detail what this means for Sasol; ► It must indicate what the functional impact (positive and/or negative) is on Sasol; ► It must detail what Sasol is doing to mitigate the impact ► Lessons for Sasol Sasol, a South African Success Story: Providing effective assurance on compliance to Audit Committees in a challenging economic climate