Naspers announces Shar Dubey to its Board as upcoming Independent Director

– SOUTH AFRICA, Cape Town –  Naspers Limited (LON: NPSN) today announced the appointment of Shar Dubey to its Board as an independent non-executive director, effective from 1 April 2022.

About Sharmistha Dubey

Mrs Dubey holds a Bachelor of Science, Engineering from, Indian Institute of Technology, India (1993) and a Master of Science, Engineering from Ohio State University, USA (1996).

Mrs. Dubey is currently CEO for Match Group, overseeing growth for the portfolio of brands including Tinder, Match, Meetic, OkCupid, Hinge, Pairs, Plenty of Fish, and OurTime.

She is also a board member and member of the compensation committee for Fortive Corporation. Fortive is an industrial engineering company, that is more focused on hardware-driven businesses. They have been on a journey to become a hybrid adding Software/SaaS to their offering.

About Naspers

Established in 1915, Naspers Limited 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 an 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 program 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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