Prosus N.V.

(Incorporated in the Netherlands)

(Legal Entity Identifier: 635400Z5LQ5F9OLVT688)

AEX and JSE Share Code: PRX ISIN: NL0013654783

(Prosus)

Prosus sells 5% interest in Delivery Hero to Aspex Management

Transaction represents a c.22% premium to the 30-day VWAP
and advances Prosus' commitments made to the European Commission

Transaction summary

·      Prosus N.V. (Prosus) has agreed to sell 15,188,284 ordinary shares in Delivery Hero to Aspex Management, representing approximately 5% of Delivery Hero's issued share capital.

·      The sale price is €22.00 per share, representing a c.10% premium to the closing share price and a c.22% premium to the 30-day volume-weighted average price (VWAP) of Delivery Hero shares as of 8 May 2026.

·      Total gross proceeds to Prosus from the sale are approximately €335 million.

In August 2025, the European Commission approved Prosus' acquisition of Just Eat Takeaway.com, subject to commitments by Prosus to significantly reduce its shareholding in Delivery Hero. Following Prosus' sale of a 4.5% stake in Delivery Hero to Uber in April 2026, today's transaction represents a further step towards  fulfilling those commitments.

Amsterdam, the Netherlands

11 May 2026

JSE sponsor to Prosus

Investec Bank Limited

Enquiries 

Media                                                                    Investor Relations

Charlie Pemberton                                                              Eoin Ryan

Group Communications Director                                   Head of Investor Relations

E:charlie.pemberton@prosus.com                                E: eoin.ryan@prosus.com

M: +31 615 494 359                                                

Sbu Tshabalala

Head of Communications, South Africa

E: sibusiso.tshabalala@prosus.com

M: +27 81 431 4855

About Prosus

Prosus is the power behind the world's leading lifestyle ecommerce brands, across Europe, India, and Latin America, unlocking an AI-first world for our 2 billion customers.

The Prosus technology ecosystem spans food delivery, payments, classifieds, travel, events, and mobility. Our integrated approach enhances user engagement and creates the foundation for unprecedented AI capabilities through proprietary data and cross-service intelligence. Through Prosus Ventures, we invest in companies which inspire and support the Prosus ecosystem. We search for new opportunities at the leading edge of AI and ecommerce, the digital AI workforce and in frontier technologies, such as robotics, drones and synbio.

The team actively backs exceptional entrepreneurs who are using technology to improve people's everyday lives.

To find out more, please visit www.prosus.com

General restrictions

This announcement is for information purposes only and does not constitute an offer to sell or issue, or the solicitation of an offer to buy or acquire, any securities of Prosus or Delivery Hero in any jurisdiction.

The distribution of this announcement may, in some countries, be restricted by law or regulation. Persons who come into possession of this announcement should inform themselves of and observe any such restrictions.