Naspers Limited

04/16/2024 | Press release | Distributed by Public on 04/16/2024 09:17

Update on repurchase programme

16 Apr 2024

Update on repurchase programme

Naspers Limited
(Incorporated in the Republic of South Africa)
(Registration number 1925/001431/06)
JSE share code: NPN ISIN: ZAE000325783
(Naspers)

UPDATE ON REPURCHASE PROGRAMME

Shareholders are referred to the announcement issued by Naspers on 27 June 2022 in respect of the launch of the open-ended, repurchase programme in respect of the ordinary shares N in the capital of Prosus ("Prosus Shares") and N ordinary shares in the share capital of Naspers ("Naspers Shares"), from the respective Prosus and Naspers (together the "Group") free-float shareholders (together the "Repurchase Programme").

Considering the regulatory requirement to provide weekly updates on Prosus ordinary shares N repurchased, Naspers decided to also provide voluntary updates to Naspers shareholders on the Naspers N ordinary shares it purchased.

For the period between 8 April 2024 and 12 April 2024, the Group purchased 251,021 Naspers Shares at an average price of ZAR3,351.9382 per share for a total consideration of ZAR841,406,867(US$44,946,091).

Cape Town, South Africa, 16 April 2024

JSE sponsor to Naspers: Investec Bank Limited

Enquiries

Investor Enquiries
Eoin Ryan, Head of Investor Relations

+1 347-210-4305

Media Enquiries
Charlie Pemberton, Communications Director

+31 6 15494359