1. Presented by: Nolitha Fakude, Sasol Theme: A case study in beneficiation

2. What you will hear today Who we are as Sasol and our mining operations Our milestones and commitment to South Africa How we beneficiate natural resources Supporting the NDP Lessons learnt – success factors for beneficiation

3. Sasol is a proudly South African company with a global presence 37 countries >34 000 employees

4. About Sasol Proudly South African company (primary listing on JSE since 1979) Group turnover for FY2013 was R181 billion We employ more than 34 000 people (~30 000 are South African based) FY2013 Capital Expenditure was R19,8 billion (59% of the Group spend) Sasol is the largest tax payer in South Africa, contributing R30,8 billion in direct and indirect taxes Innovation and technology: –R&D budget is R1,2 billion –255 engineering and science PhDs (out of a total 1000 researchers) –490 registered global patent families About R1 billion annually spent on people development (including bursaries) Currently at level 3 B-BBEE contributor status

5. Sasol’s mining operations 40Mtp/a Mining rights extended to 2040 R12bn turnover ~8 000 people 40% BBBEE ownership Group Partnership Forum R14bn mine replacement programme

6. Over the last 64 years we have delivered real value through beneficiation 1950 Sasol is formed to commercialise coal-to-liquids (CTL) technology in South Africa 1980 Completion of Sasol Two & Three Synfuels and Chemicals complex in Secunda 2007 First international GTL plant, Oryx, starts production in Qatar 2012 Sasolburg Gas Engine Power Plant online Mozambique gas engine power plant - CTRG 2014

7. Today, our fuels, chemicals and related products benefit millions of people around the world hot-melt adhesives laundry detergents chip coatings printing inks household and industrial paints mobile phone circuit boards transport fuels

8. Through innovative technology and an integrated value chain we beneficiate

9. NDP imperatives Job creation Infrastructure Environmental sustainability Intra-regional trade in Southern Africa Beneficiation of mineral resources and driving opportunities that improve balance of payments Sasol strategy Investing in our South African business to create and retain jobs Investing in infrastructure in and around our facilities Developing low-carbon power generation options and technologies Investing across the region, including in Mozambique Applying technology innovation to beneficiate low value hydrocarbons Our beneficiation strategy Vision 2050 is aligned to the NDP

10. Committed to Southern Africa’s Advancement

11. Sasol continues to invest to ensure further beneficiation- contributing to energy security and reducing the country’s carbon footprint R14bn- South African coal mine replacement programme R1.7bn- Southern African exploration cost for last 3 years Permit to explore for hydrocarbons on South African coast R1.5bn- Sasolburg 140MW-capacity gas engine power plant (enable by Mozambican pipeline bringing gas to South Africa) R2.5bnMozambique 140MW-capacity gas engine power plant R14bn - Secunda growth programme R13bn- Sasolburg expanding hard wax production facilities in. Reducing carbon footprint and supporting regional grid Investing in capacity and growing production Ensuring long-term sustainability Our current package of projects in South Africa – R55bn investment

12. Collaborating for innovation – Partnership with DST Working with the European Framework 7 alternative jet fuel collaboration project; Sasol (Fuels Technology) actively took part in the Alfa Bird programme for a number of years representing Sasol and South Africa. Being the first company in the world to get approval for fully synthetic jet fuel from Secunda as a commercial jet fuel. Sasol undertaking the first flight ever on fully synthetic jet fuel.

13. So what have we learnt? Continuous investment in R&D – leading technology Partnerships – government, technology companies, academic institutions Enabling regulatory framework Capital investment Access to feedstock – upstream (coal, gas, oil) Infrastructure and utilities Significant investment in skills development Energy security Protect balance of payments Job creation

14. Thank you