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Executive Leadership and Board Change

Published: 2023-09-18 08:05:55 ET
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                                         Prosus N.V.
                              (Incorporated in the Netherlands)
                      (Legal Entity Identifier: 635400Z5LQ5F9OLVT688)
                     AEX and JSE Share Code: PRX ISIN: NL0013654783
                                            (Prosus)

                      EXECUTIVE LEADERSHIP AND BOARD CHANGE

The Naspers and Prosus boards and Bob van Dijk have mutually agreed that Bob will, effective
18 September 2023, step down from his position as chief executive as well as his position on
the boards of both companies. Bob has agreed to assist with the transition after this date and
will remain as a consultant to the group until 30 September 2024.

Bob has been the chief executive of Naspers since 2014 and of Prosus since its listing in 2019.

Bob established the group as a leading global consumer internet company, creating significant
value for shareholders. The boards sincerely thank Bob for his leadership and contribution.

Ervin Tu will assume the role of interim Chief Executive of Naspers and Prosus.

The group’s strategic goals remain unchanged and it is on target to deliver on its commitments,
including achieving consolidated ecommerce trading profit during the first half of FY25, and the
continuation of the open-ended share repurchase programme. More information will be included
in the interim results to be published on 29 November 2023.

The company will convene a call to discuss this announcement with investors at 11:00 am CET
today, Monday 18 September.

Amsterdam, the Netherlands
18 September 2023

JSE sponsor to Prosus
Investec Bank Limited

Link to shareholder call

Click HERE to register for the shareholder call

Full link:
https://services.choruscall.it/DiamondPassRegistration/register?confirmationNumber=8286919
&linkSecurityString=102d2ef540

Enquiries

Investor Enquiries                                +1 347-210-4305

Eoin Ryan, Head of Investor Relations

Media Enquiries                                   +31 6 15494359

Charlie Pemberton, Communications Director




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About Prosus

Prosus is a global consumer internet group and one of the largest technology investors in the world. Operating and investing globally in markets with
long-term growth potential, Prosus builds leading consumer internet companies that empower people and enrich communities.

The group is focused on building meaningful businesses in the online classifieds, food delivery, payments and fintech, and education technology
sectors in markets including India and Brazil. Through its ventures team, Prosus invests in areas including health, logistics, blockchain, and social
commerce. Prosus actively seeks new opportunities to partner with exceptional entrepreneurs using technology to improve people’s everyday lives.

Every day, billions of customers use the products and services of companies that Prosus has invested in, acquired or built, including 99minutos,
Airmeet, Aruna, AutoTrader, Autovit.ro, Azos, BandLab, Bibit, Bilt, Biome Makers, Borneo, Brainly, BUX, BYJU'S, Bykea, Captain Fresh, Codecademy,
Collective Benefits, Creditas, DappRadar, DeHaat, Detect Technologies, dott, EduMe, ElasticRun, eMAG, Endowus, Eruditus, EVERY, Facily, Fashinza,
Flink, Foodics, Good Glamm Group, GoodHabitz, GoStudent, Honor, iFood, Imovirtual, Klar, Kovi, LazyPay, letgo, Luno, Mensa Brands, Meesho, merXu,
Movile, Oda, OLX, Otodom, OTOMOTO, Oxford Ionics, PaySense, PayU, Pharmeasy, Platzi, Property24, Quick Ride, Red Dot Payment, Republic,
Sharebite, Shipper, ShopUp, SoloLearn, Stack Overflow, Standvirtual, Superside, Swiggy, Thndr, Tonik, Ula, Urban Company, Virgio, Vegrow,
watchTowr, and Wayflyer.

Hundreds of millions of people have made the platforms of Prosus’s associates a part of their daily lives. For listed companies where we have an
interest, please see: Tencent, Delivery Hero, Remitly, Trip.com, Udemy, Skillsoft, and SimilarWeb.

Today, Prosus companies and associates help improve the lives of more than two billion people around the world.

Prosus has a primary listing on Euronext Amsterdam (AEX:PRX) and secondary listings on the Johannesburg Stock Exchange (XJSE:PRX) and a2X
Markets (PRX.AJ). Prosus is majority-owned by Naspers.

For more information, please visit www.prosus.com.

Disclaimer

This document contains information that qualifies as inside information within the meaning of Article 7(1) of the Market Abuse Regulation.

This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction.

The information contained in this announcement may contain forward-looking statements, estimates and projections. Forward-looking statements
involve all matters that are not historical and may be identified by the words “anticipate”, ”believe”, ”estimate”, ”expect”, ”intend”, ”may”, ”should”,
”will”, ”would” and similar expressions or their negatives, but the absence of these words does not necessarily mean that a statement is not forward-
looking. These statements reflect Prosus’s intentions, beliefs or current expectations, involve elements of subjective judgement and analysis and are
based upon the best judgement of Prosus as of the date of this announcement, but could prove to be wrong. These statements are subject to change
without notice and are based on a number of assumptions and entail known and unknown risks and uncertainties. Therefore, you should not rely on
these forward-looking statements as a prediction of actual results.

Any forward-looking statements are made only as of the date of this announcement and neither Prosus nor any other person gives any undertaking,
or is under any obligation, to update these forward-looking statements for events or circumstances that occur subsequent to the date of this
announcement or to update or keep current any of the information contained herein, any changes in assumptions or changes in factors affecting
these statements and this announcement is not a representation by Prosus or any other person that they will do so, except to the extent required by
law.