REG - Prosus NV Naspers Limited - Directorate Change

Prosus NVAnnouncement

27/03/2025 15:15

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250327:nRSa5560Ca&default-theme=true

RNS Number : 5560C  Prosus NV  27 March 2025

Prosus N.V.

(Incorporated in the Netherlands)

(Legal Entity Identifier: 635400Z5LQ5F9OLVT688)

AEX and JSE Share Code: PRX ISIN: NL0013654783

(Prosus)

CHANGE TO THE COMPOSITION OF BOARD

 

The board of directors ("Board") has decided to nominate Mrs Phuthi
Mahanyele-Dabengwa (54) for appointment as an executive director of Prosus at
the next annual general meeting.

Mrs Mahanyele-Dabengwa holds a Bachelor of Arts in Economics from Douglass
College at Rutgers University in the United States (1993) and a Masters of
Business Administration from De Montfort University (1996).

Mrs Mahanyele-Dabengwa is currently the South Africa CEO of Naspers. She is
also an independent non-executive director of Vodacom. She is a member of the
United Nation's Global Compact Network SA board and of the SA BRICS Business
Council.

With effect from 1 April 2025, Mrs Mahanyele-Dabengwa is expected to be
appointed as an executive director of Naspers Limited. Mrs Mahanyele-Dabengwa
is expected to be classified as an executive director of Naspers under the
King Report IV on Corporate Governance for South Africa, 2016 and Prosus under
the Dutch Corporate Governance Code.

Furthermore, Mr Nolo Letele will retire as a non-executive director of the
board and the sustainability committee with effect from 31 March 2025. The
board expresses its deepest gratitude to Nolo for his significant and
invaluable contributions to the Naspers Group over many years.

AMSTERDAM, THE NETHERLANDS

27 March 2025

Sponsor: 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 technology company, unlocking an AI-first world for our 2
billion customers.  With investments in more than 100 companies across the
world, we are building local ecommerce champions in growth markets.

With leading positions in Food Delivery, Classifieds and Fintech, Prosus has
created its own unique technology ecosystem, driving innovation, knowledge
sharing and growth across our portfolio.

Through the Prosus Ventures team, the group invests in new technology growth
opportunities within AI, social and ecommerce platforms, fintech, B2B
software, logistics, health, blockchain, agriculture and more.

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOAGZGZFDNZGKZM