Sasol announced that Simon Baloyi will take on the role of President and CEO from April 1, 2024.

Baloyi will take over in April, while CEO Fleetwood Grobler, who has led Sasol for four years, will remain in a executive advisory role at South Africa’s biggest company by revenue until December 2024, the company said.

Sasol's annual general meeting which had been convened to take place at 09:30 on Friday, 17 November 2023 could not take place due to disruption by protestors.

The Chairman accommodated the protesters and went further to invite them to a meeting with representatives of the Sasol Board, which was declined. Once it became clear that the protesters would not accommodate the effective participation of other shareholders, cancelling the meeting became the only prudent option, as the Chairman was inhibited from effectively communicating with the shareholders present at the meeting. The protestors voluntarily dispersed without any incident after the meeting was cancelled.

Stephen Westwell, the Chairman said: “We regret the inconvenience caused to other shareholders by the disruption.”

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