Naspers Limited
                             (Incorporated in the Republic of South Africa)
                                (Registration number 1925/001431/06)
                               JSE share code: NPN ISIN: ZAE000015889
                                               (Naspers)

                              UPDATE ON REPURCHASE PROGRAMME

Shareholders are referred to the announcement issued by Naspers on 27 June 2022 in respect
of the launch of the open-ended, repurchase programme in respect of the ordinary shares N
in the capital of Prosus ("Prosus Shares") and N ordinary shares in the share capital of
Naspers ("Naspers Shares"), from the respective Prosus and Naspers (together the
“Group”) free-float shareholders (together the “Repurchase Programme”).

Considering the regulatory requirement to provide weekly updates on Prosus ordinary shares
N repurchased, Naspers decided to also provide voluntary updates to Naspers shareholders
on the Naspers N ordinary shares it purchased.

For the period between 23 October 2023 and 27 October 2023, the Group purchased 304,926
Naspers Shares at an average price of ZAR2,925.1483 per share for a total consideration of
ZAR891,953,781 (US$47,077,021).

Cape Town, South Africa
31 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.
Disclaimer

The Repurchase Programme is being conducted in accordance with Articles 5(1) and 5(3) of Regulation (EU) No
596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (“Market Abuse
Regulation”) and Articles 2 to 4 of Commission Delegated Regulation (EU) 2016/1052 supplementing the Market
Abuse Regulation with regard to regulatory technical standards for the conditions applicable to buy-back programmes
and stabilisation measures (the “Delegated Regulation”). This document is issued in connection with the disclosure
and reporting obligation set out in Article 2(1) of the Delegated Regulation.

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.