Corporate Governance

Sasol Khanyisa’s Board is committed to managing the Company based on an ethical foundation, aligned to the objectives of the Company, taking into account its short and long-term impact on the economy, society and its stakeholders.

The Board has adopted Sasol’s approach pertaining to the management of ethics as approved by Sasol Limited’s Nomination, Governance, Social and Ethics Committee based on responsibility, honesty, fairness and respect.

Sasol South Africa Limited, a wholly-owned subsidiary within the Sasol group, is the administration agent of Sasol Khanyisa and provides most of Sasol Khanyisa’s governance systems, processes, structures and services, including financial, internal audit, risk management, information technology support, legal compliance, and stakeholder management services.

Memorandum of Incorporation

The Memorandum of Incorporation (“MOI”) is the founding document of the company and sets out the structure and governance of the company. Matters dealt with in the MOI include the rights, duties and responsibilities of shareholders, directors and others within and in relation to the company. The MOI of the company is required to be consistent with the Companies Act, 2008 and it is legally binding between the company and each shareholder, between or among the shareholders of the company, between the company and each director and between the company and each prescribed officer of the company, or other person serving the company as a member of the audit committee or as a member of a committee of the board in the exercise of their respective functions within the company.

Any amendment to the MOI must be approved by special resolution of shareholders for it to be effective, unless otherwise provided for in the Companies Act, 2008.

The Sasol Khanyisa Public Limited (RF) MOI was adopted by special resolutions passed in June 2018.

Sasol Khanyisa Public Limited (RF) MOI – 30 June 2018

Sasol Khanyisa Board of Directors

Governance Report

PAIA Sasol Khanyisa Public RF Limited

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