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

      NOTIFICATION IN TERMS OF SECTION 122(3) OF THE COMPANIES ACT AND
                 SECTION 3.83(B) OF THE JSE LISTINGS REQUIREMENTS

In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 (“the Act”), and
section 3.83(b) of the JSE Listings Requirements, shareholders are advised that the Public
Investment Corporation’s (“PIC”) beneficial interests in Naspers now amounts to 21.199% of
the total number of N ordinary shares in issue. The PIC notes that the increase in percentage
is as a result of the capitalisation issue and consolidation of N ordinary shares implemented
by Naspers on 18 September 2023.

Naspers confirms that it has received the required notice from the PIC and will file the required
notice with the Takeover Regulation Panel.

The board of directors accepts responsibility for the information contained in this
announcement, and to the best of their knowledge and belief, that information is true, and
this announcement does not omit anything likely to affect the importance of the information
included.

Cape Town, South Africa

19 October 2023

JSE sponsor to Naspers
Investec Bank Limited

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.