Press release 📈 Stocks 🌍 South Africa

Sasol Appoints Stanley Subramoney as Audit Committee Chairman Effective Nov 14

Sasol appoints board member Stanley Subramoney as Audit Committee Chairman, effective 14 November 2026, to ensure compliance with JSE Listings Requirements.

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Sasol appoints Stanley Subramoney, an independent non-executive director since 2021 and former PwC Southern Africa Deputy CEO, as Audit Committee Chairman and financial expert effective 14 November 2026. This is a routine governance change in compliance with JSE Listings Requirements, filling the role with an existing board member; no financial figures or strategy changes are announced.

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🎯 Key Takeaways

  • Stanley Subramoney, an independent non-executive director since 2021, assumes the role of Audit Committee Chairman on 14 November 2026.
  • The appointment fulfills JSE Listings Requirements for a financial expert on the committee.
  • Subramoney previously served as Deputy Chief Executive Officer of PwC Southern Africa during a 27-year tenure.

📝 Executive Summary

Sasol Limited has named independent non-executive director Stanley Subramoney as the new Chairman of the Audit Committee and the company's financial expert. The appointment, effective 14 November 2026, follows JSE Listings Requirements and leverages Subramoney's background as a chartered accountant and former PwC Southern Africa Deputy CEO.

❓ FAQ

Does the new Audit Committee chairman change anything for Sasol shareholders?

The announcement is a routine governance appointment in line with JSE Listings Requirements. Mr Subramoney already sat on the board and audit committee since 2021, so there is no change to results, guidance or strategy.