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CODE OF CONDUCT - sasol.com

OF CONDUCTTOWARDS OUR ASPIRATIONAL CULTUREAt Sasol, we are connected by behaviours that help us establish and maintain trusted business relationships, whether we are out on a project; construction site; managing a retail forecourt; working in a distribution warehouse; providing operational support within a chemicals facility or refinery; or based in one of our global corporate word behaviour is key: we have deliberately shifted away from a code of ethics to a code of CONDUCT , because CONDUCT is about how we act in a variety of situations and is integral to Sasol s values and our aspirational our actions, we uphold Sasol s reputation and ensure its long-term success.

CODE OF CONDUCT continued It is a public statement that Sasol is committed to good corporate governance, applying consistent and high standards. It is applicable to all

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Transcription of CODE OF CONDUCT - sasol.com

1 OF CONDUCTTOWARDS OUR ASPIRATIONAL CULTUREAt Sasol, we are connected by behaviours that help us establish and maintain trusted business relationships, whether we are out on a project; construction site; managing a retail forecourt; working in a distribution warehouse; providing operational support within a chemicals facility or refinery; or based in one of our global corporate word behaviour is key: we have deliberately shifted away from a code of ethics to a code of CONDUCT , because CONDUCT is about how we act in a variety of situations and is integral to Sasol s values and our aspirational our actions, we uphold Sasol s reputation and ensure its long-term success.

2 It s what we do when we interact with and represent Sasol to our colleagues, customers, shareholders, suppliers, partners, regulators, governments and communities. We help shape their impression of us as individuals and create a positive perception of our we ask, how should we behave? we should ask what do we value? , because our actions are always consequences of what s most important to FROM THE JOINT PRESIDENTS AND CEOsFor example: If we value our safety, health and the environment, we ll take care of ourselves and each other at work, and behave in a way that respects our natural resources. If we value our people, we ll support their growth and development, show them respect and promote our collective diversity.

3 If we act with respect and integrity and ensure legal compliance, we ll have the courage to walk the talk and speak up when we see an injustice. If we value ownership, accountability and delivering what we promise, we ll take responsibility for our own performance and the performance of our seven shared values underpin our code of CONDUCT and define our organisation. When we act according to these values, we ensure the sustainability of a business we can all be proud of one that s successful, ethical, contributes to our economy and society, and where integrity and respect are s all drive towards our aspired culture together the right regardsBongani Nqwababa | Stephen CornellJoint Presidents and Chief Executive Officers1 Sasol Code of ConductCONTENTSA bout the Code4 Why is the Code important?

4 4 Our expectations5Of our leaders 5Of our business partners5Of each other5 Our seven shared values 6 Our values 6 Our behaviour 6 Code principles 6 Safety, health and environment9We prioritise safety, health and environment10We ensure a secure workplace10 Our people13We prevent alcohol, drugs and controlled substances from impairing our interactions and performance14We root out harassment and bullying15We invest in our people15We protect personal information and ensure confidentiality16 Diversity and inclusion19We promote diversity across our organisation20We drive employment equity21 Integrity and respect23We respect human rights24We avoid conflicts of interest25We exercise sound judgment when offering and accepting gifts.

5 Entertainment and hospitality26We monitor the appropriateness of providing donations and sponsorships27We assess the suitability of accepting external directorships27We manage our social media accounts28 Legal compliance31We guard against bribery, corruption, fraud, money laundering and terrorism32We ensure the ongoing compliance with applicable regulatory and legislative requirements33We compete fairly and avoid competition law violations33We adhere to trade controls and international sanctions34We prevent insider trading35We adhere to tax laws and regulations35 Ownership and accountability37We protect Sasol s assets38We ensure data and information accuracy38We promote cybersecurity39We protect Sasol s intellectual property39 Our customers.

6 Shareholders and other stakeholders41We maintain productive supplier relationships42We ensure quality customer service and products43We drive accurate and timely disclosures43We positively engage our communities44We work openly with governments and assess political contributions and activities443 Sasol Code of Conduct2 CODE OF CONDUCT continuedIt is a public statement that Sasol is committed to good corporate governance, applying consistent and high standards. It is applicable to all employees, officers and members of the is underpinned by Sasol policies and does not supersede Sasol policies, procedures and practices. We encourage employees to read and uphold all applicable policies.

7 It guides our work and relationships Our Code is the foundation of our behaviour internally and externally. It guides our actions, and encourages us to speak up and take action if we see unethical supports sustainable performanceSasol chooses to be an ethical business, which drives sustainable performance. Ethical companies regularly outperform their competitors in the long term. We will never sacrifice our ethical brings us closer to our aspirational cultureOur Code is our roadmap to being proudly Sasol, where we pursue excellence, drive innovation and embrace change; where we work globally and collaboratively; and where we understand that our diversity is our creates loyalty and trust with our stakeholders Having a good reputation with our customers, suppliers, partners, regulators, governments and communities ensures our long-term success.

8 Customers support the companies they are more open to companies with a good track record and investors are more confident in organisations who deliver on their IS THE CODE IMPORTANT?ABOUT THE CODEOUR EXPECTATIONS Our team leaders and managers promote and drive a clear understanding of the principles of the enforce consequences if a member of our team fails to comply with our Code, up to and including ensure there are adequate internal controls in the areas they oversee to ensure we comply with the law and manage our risks only do business on the basis of fair, lawful, efficient and transparent practices. That means: Our suppliers should follow this Code as supplemented by our Supplier Code of CONDUCT and show integrity in doing business.

9 We deliver what we promise to our stakeholders. We compete fairly with our hold each other accountable to the principles of the Code, encouraging ethical behaviour and reporting unethical actions. Remember: we are team Sasol, and one person s actions affect the whole our leadersOf our business partnersOf each otherWe promote the spirit of our Code. Communication of the CodeIt is crucial that as members of the Sasol team we read and understand our Code. As individuals, we must comply with our Code. This responsibility cannot be delegated to Code of Conduct4 CODE OF CONDUCT continuedOUR SEVEN SHARED VALUESOur Code of CONDUCT is how we entrench and live Sasol s values.

10 These values represent the roadmap to the key behaviours set out in this Code, which are summarised below:I can be trusted to deliver the right quality product at the right time. I go beyond what is expected to ensure customers and other stakeholders are deliver what we promise to our customers, shareholders and other stakeholdersI have the courage to do the right thing. I speak up. I consider others as equals and treat them the way I would like to be act with respect and integrity alwaysI am alert and responsive to all legal compliance matters related to my work and take action when I see any comply with all applicable legal requirementsI embrace a positive attitude and strive for excellence in meeting my own as well as the performance targets of my team.


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