Prosus N.V. — Board/Management Information 2020

Apr 29, 2020

National Storage Mechanism | Additional information

RNS Number : 2973L

Prosus NV

29 April 2020

PROSUS N.V.

(Incorporated in the Netherlands)

(Legal Entity Identifier: 635400Z5LQ5F9OLVT688)

ISIN: NL0013654783

Euronext Amsterdam and JSE share code: PRX

("Prosus")

NOMINATION FOR APPOINTMENT OF NON-EXECUTIVE DIRECTOR AND CHANGES TO THE COMPOSITION OF THE AUDIT AND RISK AS WELL AS SOCIAL, ETHICS AND SUSTAINABILITY COMMITTEES

The board of directors ("Board") has decided to nominate Ms Xu Ying (56) for appointment as a non-executive director of Prosus at the next annual general meeting.

Ms Xu Ying is the president of Wumei Technology Group ("Wumei", or "Wumart"), a technology-driven retailer in China. Deeply engaged in the retail business for 15 years, Ms Xu Ying has strong insight and knowledge of China consumers, especially in retail, online and offline. Prior to joining Wumei, Ms Xu Ying was Vice President of LG (a joint venture) at Tianjin International Trust & Investment.

Ms Xu Ying holds a B.S degree in English from Tianjin University, China, and an M.B.A. from Meinders School of Business, Oklahoma City University, United States.

With effect from 26 June 2020, Ms Xu Ying is expected to be appointed as a non-executive director of Naspers Limited. Ms Xu Ying is expected to be classified as an independent non-executive director of Naspers under the King Report IV on Corporate Governance for South Africa, 2016 and Prosus under the Dutch Corporate Governance Code.

Effective 24 April 2020, Mr Ben van der Ross, independent non-executive director, stepped down from the Naspers and Prosus audit and risk committees and was appointed to the Naspers social, ethics and sustainability committee. The Board thanks Mr Ben van der Ross for his valuable contribution to the audit and risk committees.

AMSTERDAM, THE NETHERLANDS

29 April 2020

Sponsor: Investec Bank Limited

Enquiries:

Investor Enquiries	+1 347 210 4305
Eoin Ryan, Head of Investor Relations
Media Enquires	+ 31 6 29721038
Sarah Ryan, International Media Relations

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