Company Announcements

Prosus N.V.

(Incorporated in the Netherlands)

(Legal Entity Identifier: 635400Z5LQ5F9OLVT688)

AEX and JSE Share Code: PRX ISIN: NL0013654783

(Prosus)

DEALINGS IN SECURITIES

Today, Fabricio Bloisi will notify the Stichting Autoriteit Financiële Markten (AFM) about the offers of performance share units (PSUs) by the Prosus N.V. Share Award Plan.

The offers of PSUs by the Prosus N.V. Share Award Plan to Fabricio were accepted on 17 July 2024. Vesting of PSUs, and the exact quantum thereof, is subject to the achievement of performance conditions set out in the the additional disclosure for the chief executive issued together with the Naspers notice of annual general meeting 2024 on 19 July 2024 (the Disclosure).

Further, an additional offer of PSUs was made to Fabricio Bloisi as a special once-off 'moonshot'. The award will only vest if Fabricio Bloisi has remained employed within the Naspers and Prosus Group until 30 June 2028 and if the Committee determines that all elements of the performance conditions have been satisfied.

This once-off 'moonshot' award will be triggered only when two conditions are met simultaneously:

1.  the group's aggregate market capitalisation (being the combined Prosus N.V. and Naspers market capitalisations) is doubled or better between 1 July 2024 and 30 June 2028 - and that value is maintained for at least one year following this period (being 30 June 2029); and

2.  the group's net value creation in terms of total shareholder returns compared to the TSR peer group (defined in the Disclosure) beats the 50th percentile between 1 July 2024 and 30 June 2028.

The determination of 1 (first part) and 2 will be made by the Committee as soon as is reasonably possible after 30 June 2028. The Committee will determine whether the market capitalisation has been maintained as soon as is reasonably possible after 30 June 2029.

The Disclosure published on 19 July 2024 can be found here: www.prosus.com/investors/shareholder-centre/shareholder-meetings

For ease of reference the remuneration report can be found here:

www.prosus.com/investors/results-reports-events/latest-financial-results

For additional information in relation to the AFM disclosures, please see the AFM's registers on the AFM's website:
https://www.afm.nl/en/sector/registers/meldingenregisters.

Amsterdam, the Netherlands

19 July 2024

JSE sponsor to Prosus

Investec Bank Limited

Enquiries 

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, 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.