Naspers announces Angelien Kemna to its Board as Independent Director

– SOUTH AFRICA, Cape Town –  Naspers Limited (LON: NPSN | JSE: NPN) today announced the appointment of Angelien Kemna to its Board as an independent non-executive director, effective from 15 April 2021.

She will also join the audit committee.

The company also announced that effective 1 April 2021, Don Eriksson, independent non-executive director, will retire from the board and the audit, risk and social, ethics and sustainability committees. Steve Pacak will be appointed chair of the audit and risk committees.

The board thanks Mr Eriksson for his immensely valuable contribution to the board and excellent chairmanship of these committees.

About Angelien Kemna

Mrs Kemna holds a MSc Operations Research from Erasmus University, Rotterdam, and a PhD Finance from Erasmus University, Rotterdam. She was a visiting scholar at Sloan School MIT (Boston, USA).

She is currently an independent board member and chair of the audit committee of Friesland Campina; senior independent board member of AXA Investment Managers and independent board member and member of the audit committee of AXA Group; and independent board member and chair of the risk committee of NIBC Holding.

Mrs Kemna was previously a member of the executive board of APG Group in the Netherlands, where she initially held the role of chief investment officer and subsequently was chief finance and risk officer. In addition, she was part-time professor in corporate governance at the Erasmus University, Rotterdam.

About Naspers Limited

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 in the country. These include Takealot, Mr D Food, Superbalist, OLX, Autotrader, Property24 and PayU, in addition to Media24, South Africa’s leading print and digital media business.

Naspers is also focused on stimulating South Africa’s local tech sector through Naspers Foundry. This is a R1.4 billion investment targeting early stage technology companies in South Africa that seek to address big societal needs. To help address youth unemployment in impoverished communities, in 2019, Naspers launched Naspers Labs, a social impact programme for young, unemployed South Africans aged between 17 and 25. Located in low income, urban settings, Naspers Labs provide a structured development journey enabling young people to enter the economy.

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 has an ADR listing on the London Stock Exchange (LON:NPSN).

For more information : https://www.naspers.com/

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