EX-99.5 12 a2232653zex-99_5.htm EX-99.5

Exhibit 99.5

Sasol Limited Group OUR STRATEGY Guided by our vision and purpose, our strategic focus areas are based on three growth pillars: Upstream, Energy and Chemicals. Our Upstream pillar is geared to grow our oil and integrated gas business. Through our Energy pillar, we will expand our liquid fuels marketing and gas-to-power in Southern Africa, while growing selective gas-to-liquid globally. PERFORMANCE (ROIC) PSTREAM and maintain technological lead OPERATIONS Deliver selective GTL opportunities and ENERGY Drive selective growth based on CHEMICALS Economic Empowerment AND PROCESS Group’s strategy in a safe, reliable and Values-driven, diverse and high-performing organisation STRATEGIC OBJECTIVES KPIs TO MEASURE U Deliver low-cost feedstocks in Southern Africa Grow economically attractive upstream resources in Southern Africa Return on invested capital Target: Capital portfolio to deliver return on capital invested of 18,3% Quality-based earnings growth Target: 8% US dollar EBIT growth Continuously improve existing asset base Drive world-class safe operations to support growth Net debt-to-EBITDA Target: Maintain a net debt-to-EBITDA ratio of <2,0 times Optimise liquid fuels marketing channels grow low-carbon power generation Gearing Target: Achieve a gearing level of 20% – 40% (Temporarily lifted to 44% until the end of 2018) Drive value chain optimisation feedstock, market and/or technology advantage Safety Target: RCR of less than 0,3 by 2020 Greenhouse gas emissions Target: To maintain direct GHG emissions from our South African operations within 302mt of CO2e over calender years 2016 – 2020. ROBUST FOUNDATION Protect our competitive advantage by ensuring that we can proactively respond to market and regulatory changes Proactively manage financial risks and protect the balance sheet Improving efficiency and effectiveness of our operations use digitalisation as an enabler to improve efficiency and effectiveness of our operations and reduce our cost base ENABLED BY Effective allocation of capital Broad-Based Black Target: Level 4 by 2020 REMUNERATION POLICY Sasol’s remuneration policy is designed to enable the delivery of the sustainable manner.

The aim of our Chemicals pillar is to grow our ethylene and derivative businesses, in addition to delivering incremental high-return growth in differentiated products. Underpinning these growth pillars is our strategic focus to nurture and grow our existing Southern African and global value chain to ensure long-term sustainability. DELIVERY IN 2017 NEAR-TO-MEDIUM FOCUS • Maintain excellent utilisation rates and safety at ORYX GTL, • Continue to engage with potential GTL technology • Consider gas-to-power opportunities in South Africa • Secure customers for new US products DELIVERY IN 2017 • Achieved BPEP target of R5,4 billion a year earlier than previous market guidance • Evolved our risk management approach to integrate in our financial management processes by identifying key undesirable events and mitigating controls • Defined capital allocation guidelines to ensure that capital is allocated optimally to deliver superior returns to stakeholders • Focused on improving ROIC through asset reviews, hedging, cost containment and risk mitigation • Formally developed a digital roadmap NEAR-TO-MEDIUM FOCUS • Focus on continuous improvement to address the structural shift in the energy prices by sustainably improving our margin contribution and cost base delivery • Use digital solutions to drive cost competitiveness • Continue to review assets to repair or divest to increase our ROIC • Communicate refined strategy and capital allocation choices to the capital markets • Improve project execution by implementing lessons learnt from previous projects ROBUST FOUNDATION CHEMICALS ENERGY OPERATIONS UPSTREAM • Drill seven more wells in PSA licence area, Mozambique • Finalise terms for new exploration licences, Mozambique • Focus on oil opportunities in West Africa • Complete the Shondoni colliery, advance Impumelelo mine, South Africa • Ensure feedstock security of gas beyond 2034 •Install 17th air separation unit, Secunda South Africa •Continue investigating solutions to meet air quality standards post 2020, South Africa • Grow fuel retail presence in Southern Africa Qatar licensees • Investigate further investment opportunities in Southern Mozambique • Develop incremental growth and merger and acquisition opportunities within our chemicals portfolio • Complete joint venture HDPE plant, United States • Pilot project to transform customer experience using digital platforms • Deliver LCCP within revised cost estimate and schedule • Benefited significantly from C3 expansion project, South Africa • Progressed construction of HDPE joint venture and LCCP, United States • Completed wax expansion project, South Africa • Increased liquid fuels retail network, South Africa • Expanded capacity of ROMPCO Mozambique-to-South Africa gas pipeline • Licensed FT GTL technology, Uzbekistan • Increased capacity utilisation at ORYX GTL joint venture, Qatar • Improved overall safety performance • Increased production volumes across most of the value chain • Advanced volatile organic compounds abatement project, South Africa • Achieved record volumes at Secunda Synfuels • Drilled first six wells in PSA licence area, Mozambique • Increased PPA gas production on plant debottlenecking, Mozambique • Benefited from active well management of oil asset in Gabon