18 Sep 2023

Executive leadership and board change


Prosus N.V.
(Incorporated in the Netherlands)
(Legal Entity Identifier: 635400Z5LQ5F9OLVT688)
AEX and JSE Share Code: PRX ISIN: NL0013654783
(Prosus) 

The Naspers and Prosus boards and Bob van Dijk have mutually agreed that Bob will, effective 18 September 2023, step down from his position as chief executive as well as his position on the boards of both companies. Bob has agreed to assist with the transition after this date and will remain as a consultant to the group until 30 September 2024.

Bob has been the chief executive of Naspers since 2014 and of Prosus since its listing in 2019.

Bob established the group as a leading global consumer internet company, creating significant value for shareholders. The boards sincerely thank Bob for his leadership and contribution.

Ervin Tu will assume the role of interim Chief Executive of Naspers and Prosus.

The group’s strategic goals remain unchanged and it is on target to deliver on its commitments, including achieving consolidated ecommerce trading profit during the first half of FY25, and the continuation of the open-ended share repurchase programme. More information will be included in the interim results to be published on 29 November 2023.

The company will convene a call to discuss this announcement with investors at 11:00 am CET today, Monday 18 September.

Amsterdam, the Netherlands 18 September 2023

JSE sponsor to Prosus Investec Bank Limited

Link to shareholder call

Click HERE to register for the shareholder call

Full link:

https://services.choruscall.it/DiamondPassRegistration/register?confirmationNumber=8286919 &linkSecurityString=102d2ef540

Enquiries:

Charlie Pemberton
Communications Director
Mobile: +31 615 494 359
Email: [email protected]

Eoin Ryan
Head of Investor Relations
Mobile: +1 347-210-4305 
Email: [email protected]

 


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.

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

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

Each month, over two billion customers across the globe use the products and services of companies that Prosus has invested in, acquired or built.