REG - Prosus NV Naspers Limited - Directorate Change

Prosus NVAnnouncement

08/08/2024 07:00

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RNS Number : 6094Z  Prosus NV  08 August 2024

Prosus N.V.

(Incorporated in the Netherlands)

(Legal Entity Identifier: 635400Z5LQ5F9OLVT688)

AEX and JSE Share Code: PRX ISIN: NL0013654783

(Prosus)

Executive Leadership and Board Change

The Naspers and Prosus boards announce that after 29 years of exemplary
leadership and service, Basil Sgourdos will retire from his position as
 Group Chief Financial Officer and financial director of both companies
effective 30 November 2024.

Basil has had a broad and varied career at Naspers and Prosus having joined
the Company in 1994, initially as the finance manager of the South African
operations division in MultiChoice before taking on a number of other global
leadership positions within the Group. He was appointed Group Chief Financial
Director of Naspers in July 2014 and of Prosus since its listing in 2019.

Koos Bekker, Chairman of Naspers and Prosus said, "While Basil will remain
active in his role for another few months, I would like to take this
opportunity to recognise and thank Basil for his dedicated service to the
Company over the last 29 years. During this time, Basil has contributed to the
establishment of the Group as a leading global e-commerce company, creating
significant value for shareholders. The boards sincerely thank Basil for his
committed leadership and superb contribution".

 

The human resources and remuneration committees and nomination committees will
begin the process to secure a suitably qualified successor to assume the role
of Group Chief Financial Officer. The market will be advised of this decision
in due course.

Cape Town, South Africa

8 August 2024

JSE sponsor to Prosus

Investec Bank Limited

 

Enquiries

 Investor Enquiries                           +1 347-210-4305

 Eoin Ryan, Head of Investor Relations
 Media Enquiries                              +31 6 15494359

 Charlie Pemberton, Communications Director

 

About Prosus

Prosus is a global consumer internet group and one of the largest technology
investors in the world. Each month, over two billion customers across the
globe use the products and services of companies that Prosus has invested in,
acquired or built. Prosus builds leading consumer internet companies that
empower people and enrich communities. The group is focused on online
classifieds, food delivery, payments and fintech. The team actively backs
exceptional entrepreneurs using technology to improve people's everyday lives.

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 (http://www.prosus.com) .

 

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