SASOL LIMITED: PRODUCTION AND SALES METRICS AND TRADING STATEMENT FOR THE YEAR ENDED 30 JUNE 2025

JOHANNESBURG, July 22, 2025 /PRNewswire/ --

Production and sales metrics for the year ended 30 June 2025

Sasol has published its production and sales performance metrics for the year ended 30 June 2025 on the Company´s website at www.sasol.com, under the Investor Centre section: https://www.sasol.com/investor-centre/financial-results.

Business performance

In a challenging macro environment, our focus on self-help initiatives continues to strengthen our foundation, build resilience and mitigate the impacts of global volatility and geopolitical uncertainty. We are making good progress and expect to meet the majority of our financial guidance for FY25, with volume guidance achieved across most business segments. Secunda Operations (SO) and Natref had unplanned disruptions which impacted Q4 FY25 production and resulted in volumes being marginally below guidance.

In the Southern Africa business, we made the strategic decision in Q3 FY25 to reduce our own production of coal and supplement it with higher quality purchased coal to enhance SO's gasifier performance, which improved in Q4 FY25. Natref's performance was also stronger in Q4 FY25 with production recovering following the fire incident in the previous quarter but was adversely impacted by an unplanned Eskom power outage. Liquid fuels sales increased in Q4 FY25, supported by higher production and purchases. External SA gas sales also improved, driven by increased customer demand. In Chemicals Africa, the average basket price was higher compared to the previous quarter, despite challenging global market conditions.

In the International Chemicals business, revenue in Q4 FY25 increased compared to the previous quarter, supported by higher sales volumes from improved US production. This was partly offset by lower average sales prices in the US due to lower ethylene market prices and product mix effects, however, pricing in the Eurasia segment improved through prioritising value realisation. Revenue decreased compared to the prior year, primarily due to lower sales volumes, which remained within market guidance. Despite a challenging environment, adjusted EBITDA improved compared to the prior year, reflecting the benefits of higher average sales basket prices and proactive management actions.

Business updates

We are making progress on our strategic priorities outlined at our Capital Markets Day, to strengthen our business and build a sustainable future Sasol. Delivery of these commitments remains a key priority to unlock value.

Strengthen our foundation business:

Mining's destoning project to improve the quality of coal is progressing well and remains on track for completion in H1 FY26, within the previously communicated schedule and cost of less than R1 billion.

Sasol Oil received a net payment of R4,3 billion (excluding VAT) on