NASPERS LIMITED — Capital/Financing Update 2026

May 11, 2026

Naspers Limited
(Incorporated in the Republic of South Africa)
(Registration number 1925/001431/06)
JSE share code: NPN ISIN: ZAE000351946
(Naspers)

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") (Prosus, and together with its subsidiaries, the Prosus Group, which is majority-owned by Naspers) 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.

Cape Town, South Africa
11 May 2026

JSE sponsor to Naspers
Investec Bank Limited

Enquiries

Media
Charlie Pemberton
Group Communications Director
E:charlie.pemberton@prosus.com
M: +31 615 494 359

Investor Relations
Eoin Ryan
Head of Investor Relations
E: eoin.ryan@prosus.com

Sbu Tshabalala
Head of Communications, South Africa
E: sibusiso.tshabalala@prosus.com
M: +27 81 431 4855

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About Naspers

Established in 1915, Naspers has transformed itself to become a global consumer internet company and one of the largest technology investors in the world. Through Prosus, the group operates and invests globally in markets with long-term growth potential, building leading consumer internet companies that empower people and enrich communities. Prosus has its primary listing on Euronext Amsterdam, and a secondary listing on the Johannesburg Stock Exchange and Naspers is the majority owner of Prosus.

In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building its internet and ecommerce companies. These include Takealot, Mr D Food, Autotrader, Property24 and PayU, in addition to Media24, South Africa's leading print and digital media business.

Naspers has a primary listing on the Johannesburg Stock Exchange (NPN.SJ) and a secondary listing on the A2X Exchange (NPN.AJ) in South Africa and a level 1 American Depository Receipt (ADR) programme which trades on an over-the-counter basis in the US.

For more information, please visit www.naspers.com..

Naspers Labs

In 2019, Naspers Labs, a youth development programme designed to transform and launch South Africa's unemployed youth into economic activity, was launched. Naspers Labs focuses on digital skills and training, enabling young people to pursue tech careers.

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.