Naspers Limited
                                   (Incorporated in the Republic of South Africa)
                                      (Registration number 1925/001431/06)
                                     JSE share code: NPN ISIN: ZAE000325783
                                                     (Naspers)

                              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.

Cape Town, South Africa
18 September 2023

JSE sponsor to Naspers
Investec Bank Limited

Link to shareholder call

Click HERE to register for the shareholder call

Full link:
https://services.choruscall.it/DiamondPassRegistration/register?confirmationNumber=82869
19&linkSecurityString=102d2ef540

Enquiries

Investor Enquiries                                                      +1 347-210-4305

Eoin Ryan, Head of Investor Relations

Media Enquiries                                                         + 27 78 802 6310

Shamiela Letsoalo, Media Relations Director


About Naspers

Established in 1915, Naspers has transformed itself to become a global consumer internet company and one of the largest technology investors
in the world. Through Prosus, the group operates and invests globally in markets with long-term growth potential, building leading consumer
internet companies that empower people and enrich communities. Prosus has its primary listing on Euronext Amsterdam, and a secondary listing
on the Johannesburg Stock Exchange and Naspers is the majority owner of Prosus.
In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building its internet and ecommerce
companies. These include Takealot, Mr D Food, Superbalist, Autotrader, Property24 and PayU, in addition to Media24, South Africa’s leading
print and digital media business.

Naspers has a primary listing on the Johannesburg Stock Exchange (NPN.SJ) and a secondary listing on the A2X Exchange (NPN.AJ) in South Africa
and a level 1 American Depository Receipt (ADR) programme which trades on an over-the-counter basis in the US.

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

Naspers Labs

In 2019, Naspers Labs, a youth development programme designed to transform and launch South Africa’s unemployed youth into economic
activity, was launched. Naspers Labs focuses on digital skills and training, enabling young people to pursue tech careers.

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.