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Dealing in securities by Director

Published: 2023-01-27 18:30:28 ET
<<<  go to JSE:NPN company page
Naspers Limited
(Incorporated in the Republic of South Africa)
(Registration number 1925/001431/06)
JSE share code: NPN ISIN: ZAE000015889
(Naspers)

DEALING IN SECURITIES BY DIRECTOR

In compliance with rules 3.63 to 3.74 of the JSE Limited Listings Requirements, the
following information is disclosed:

Director:                                                  Basil Sgourdos
Company:                                                   Naspers Limited
Transaction date:                                          25 January 2023
Nature of transaction:                                     On-market disposal of shares
Number of shares:                                          27,360 Naspers N ordinary shares
Class of shares:                                           N ordinary shares
Total value of transaction:                                R92,438,255.23
Volume weighted average
price per share:                                           R3,378.5912
Highest price per share:                                   R3,401
Lowest price per share:                                    R3,374

Nature of transaction:                                     Basil Sgourdos exercised 27,360 share options
                                                           and the linked Prosus N.V. share options. These
                                                           share options related to 27,360 Naspers share
                                                           options with a base cost of R661.88 per share,
                                                           awarded on 11 July 2013 and vested on 11 July
                                                           2016, 11 July 2017 and 11 July 2018.
Nature of interest:                                        Direct Beneficial
Clearance:                                                 Clearance has been received in terms of
                                                           paragraph     3.66   of    the   JSE    Listings
                                                           Requirements

CAPE TOWN
27 January 2023
Sponsor: Investec Bank Limited



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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 Foundry

Naspers is also focused on stimulating South Africa’s local tech sector through Naspers Foundry. This is a R1.4 billion investment vehicle
that invests in early-stage technology companies that seek to address big societal needs.

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.

Naspers for Good

Naspers employees is equally committed to giving back. Naspers for Good is a corporate philanthropy fund administered by a committee
of employees in South Africa. Through the fund, Naspers forms partnerships with organisations that have a proven track record of
delivering solutions for the most pressing challenges affecting our communities. Email causes@naspers.com for more information.

Response to Covid-19

Naspers contributed R1.5 billion of emergency aid to support the South African government’s response to the COVID-19 pandemic. This
contribution consisted of R500 million towards the Solidarity Fund and R1 billion worth of PPE sourced and distributed to South Africa’s
front-line healthcare workers. In addition, Naspers contributed R6.9 million to the Nelson Mandela Foundation's EachOne FeedOne
programme to support families who COVID-19 has impacted with meals for a year.