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PROSUS N.V - Executive Leadership and Board Change

Release Date: 08/08/2024 07:05
Code(s): PRX     PDF:  
Wrap Text
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)

EXECUTIVE LEADERSHIP AND BOARD CHANGE

The Naspers and Prosus boards announce that after 29 years of exemplary leadership and
service, Basil Sgourdos will retire from his position as Group Chief Financial Officer and financial
director of both companies effective 30 November 2024.

Basil has had a broad and varied career at Naspers and Prosus having joined the Company in
1994, initially as the finance manager of the South African operations division in MultiChoice
before taking on a number of other global leadership positions within the Group. He was
appointed Group Chief Financial Director of Naspers in July 2014 and of Prosus since its listing
in 2019.

Koos Bekker, Chairman of Naspers and Prosus said, "While Basil will remain active in his role for
another few months, I would like to take this opportunity to recognise and thank Basil for his
dedicated service to the Company over the last 29 years. During this time, Basil has contributed
to the establishment of the Group as a leading global e-commerce company, creating significant
value for shareholders. The boards sincerely thank Basil for his committed leadership and superb
contribution".

The human resources and remuneration committees and nomination committees will begin the
process to secure a suitably qualified successor to assume the role of Group Chief Financial
Officer. The market will be advised of this decision in due course.

Cape Town, South Africa
8 August 2024

JSE sponsor to Prosus
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 consumer internet group and one of the largest technology investors in the world. Each month, over two billion customers across
the globe use the products and services of companies that Prosus has invested in, acquired or built. Prosus builds leading consumer internet companies
that empower people and enrich communities. The group is focused on online classifieds, food delivery, payments and fintech. The team actively backs
exceptional entrepreneurs using technology to improve people's everyday lives.

Prosus has a primary listing on Euronext Amsterdam (AEX:PRX) and secondary listings on the Johannesburg Stock Exchange (XJSE:PRX) and A2X
Markets (PRX.AJ). Prosus is majority-owned by Naspers.

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

Date: 08-08-2024 07:05:00
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