Changes to directors' interests

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

Changes to directors' interests

Today, Bob van Dijk and Basil Sgourdos will notify the Stichting Autoriteit Financiële Markten (AFM) about the following changes to the shares and voting rights held by them.

On 9 September 2019, Bob van Dijk was awarded 24,527 Naspers performance share units (PSUs) and Basil Sgourdos 12,718 Naspers PSUs at a nil base cost.  PSUs were awarded in FY20 following feedback from our shareholders, to better incentivise long-term value creation in our underlying internet businesses.

These Naspers PSUs and the linked Prosus PSUs were due to vest on 30 June 2022 subject to performance conditions linked to the growth of the Ecommerce portfolio being met but the board could not determine the achievement of the PSU performance condition at that time and delayed the vesting until 9 November 2022 following the conclusion of the Avito disposal.   

As such, Bob van Dijk exercised 31,395 Naspers PSUs and the linked Prosus PSUs.  He disposed of the entirety of the award on market.  Basil Sgourdos exercised 16,279 Naspers PSUs and the linked Prosus PSUs. He disposed of 2,451 Prosus ordinary shares N to cover taxes and other related costs on market and took delivery of the remaining 13,828 Prosus ordinary shares N.

N Ordinary Shares 

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/professionals/registers/meldingenregisters).

Amsterdam, the Netherlands
9 December 2022

JSE sponsor to Prosus
Investec Bank Limited