better together ... we deliver

Copyright ©, 2014, Sasol Confidential

Curriculum Vitae

• Alexandra Russell, BA LLB, LLM

• Current position: VP SHE: Strategy, Policy & Sustainability

• July 2011 – Joined Sasol as Executive Manager:

Business Governance & Commercial, Sasol Gas

• Key strengths:

• Innovative, positive, collaborator

• Takes accountability

• Legal and business mindset

• Customer focus driven

• As a leader, ensures superior service delivery

• Mentor, empowers others, serves as a role model and treats others respectfully

• Operates effectively in a team environment

• Strong interpersonal and communication skills

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better together ... we deliver

Copyright ©, 2014, Sasol Confidential

Creating a career path

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Present

Listed on the practising roll

Articles of Clerkship [Jan ‘97 – Dec ’98

One year sabbatical 1999 – to complete

LLM, while working at Liberty Life as a

Legal Advisor and lecturing English

1999 –PRISA Public Relations Qualification

Associate [Jan 2000 – Sept 2002]

University of the Witwatersrand

BA, LLB, LLM – Thesis: Corporate

Social Responsibility & Company

Law in the 21st Century

Career in banking – Oct 2002 – May 2011

at Absa Capital, COO - Legal

Joined Sasol in June 2011 – til present:

Manager – Business Governance &

Commercial; SHE VP: Sustainability

1991 June 2014 June 2011

Appointed in current

role: SHE VP:

Strategy, Policy &

Sustainability

Joined Sasol

Completed studies in

2001

2001 1994

English, Afrikaans

and French

Roedean SA

Matric – A’

Aggregate &

Dux Trohpy

1994: BA Law & English

1996: LLB

2001: LLM: Specialising in

Company Law &

Telecommunications Law

Admitted as

Attorney of the

High Court - 1999

Banking lawyer

for 9 years,

appointed as

COO Legal

better together ... we deliver

Copyright ©, 2014, Sasol Confidential

Curriculum Vitae: Alexandra Russell

• January 1997 – December 1998 – Articled Clerk at Rabin, Van den Berg & Pelkowitz

Working with experienced assistants under the close supervision of a senior partner, for a wide range of domestic and international clients:

- advising on general corporate commercial issues in several large mergers, acquisitions and joint ventures;

- drafting business sale and purchase, share sale, shareholder, joint venture, licensing and subscription agreements;

- handling ancillary matters relating to tax, competition, and insolvency;

- becoming familiar with the JSE listing rules and requirements; and

- participating in numerous due diligence exercises, the largest being the acquisition by the Gallo Africa of a 50% stake in Nu Metro (a cinema operator).

• January 2000 – September 2002 – Associate at Prinsloo, Tindle & Andropoulos

Team member advising on limited recourse, structured finance transactions and well as general merger and acquisition work. Major clients included: Accenture, Standard Bank of SA Limited; Imperial Bank Limited, Mettle Limited; Hoskens Consolidated Investments Limited. Work included:

- Yield Enhancement Investment: advising on structures to substitute higher yielding preference shares for lower yielding loans;

- drafting documentation to facilitate deal implementation such as: loan agreements; mortgages and other security interests; complex preference share rights; interest and currency swaps (usually according to ISDA documentation); consideration of the regulatory aspects of the transactions (from those of the South African Reserve Bank to the JSE Securities Exchange).

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better together ... we deliver

Copyright ©, 2014, Sasol Confidential

Curriculum Vitae: Alexandra Russell • October 2002 – June 2011 Absa Capital:

Joined Absa as a legal advisor in order to draft and negotiate preference share and debt financing agreements. Thereafter, gained experience as a project finance lawyer, advising on Public Private Partnerships and drafting and negotiating syndicated loan agreements;

- 2004 – Established and developed strategy for the Security Agent office for Absa for the purposes of managing the flow of syndicated loans for club deals;

- 2006 became the COO Legal for Absa and then as part of the new Barclays Capital family, and co-ordinated regional cost optimisation and legal/compliance re-design programme. This included operating model design, organisation design, process design, transition planning and change management to enable a successful transition to the new organisation structure while also project managing the implementation of the new Companies Act 2008, which came into effect on 1 May 2011.

• July 2011 – present Sasol Executive

Joined Sasol Gas to manage and strategically direct the legal, governance and commercial support to all aspects of the business. Mitigated legal, commercial and business risks through sound management of contractual relationships between the company and its customers, amongst others:

- Provided legal and commercial input into the template gas supply agreement and negotiated same with numerous customers following the establishment of a new pricing regime after the market value pricing (MVP) regime came to an end 31 March 2014;

- Secured and managed legal input in various aspects of interaction with the National Energy Regulator (eg on the proposed Gas Bill as well as to address MVP concerns);

- Co-ordinated risk management as well as statutory, contractual and corporate governance compliance programmes to ensure world class governance within both Sasol Gas and its joint venture partner, ROMPCO based on a sound understanding of the risks/rewards in the gas value chain; [pto]

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better together ... we deliver

Copyright ©, 2014, Sasol Confidential

Curriculum Vitae: Alexandra Russell • July 2011 – present Sasol Executive (cont.)

- Prepared concise and accurate business documents and reports and attended the Sasol Gas and ROMPCO Board meetings.

- April 2014 – as a result of a group-wide re-structure, applied for and was appointed in the position of VP: SHE Policy, Strategy and Sustainability in order to

- Review the environmental, social and governance arrangements of Sasol;

- Drive the development of a sustainability framework and tool for the management of Sasol’s long term sustainability risk;

- Assist with the review of Sasol’s sustainability strategy and guide the leadership team on the implementation of new measures despite the recent oil price crisis;

- Provide cross-functional support for a large scale stakeholder materiality analysis;

- Initiated issue & risk management and mitigation strategies.

- Functional expertise:

- Sustainable development and corporate strategy

- Corporate Governance

- Business case development

- Industry expertise:

- Oil & Gas

- Mining

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