Prosus appoints Board member Hendrik du Toit as new Lead Independent Director

– NETHERLANDS, Hoofddorp –  Prosus NV (LON: 0A28 | AMS: PRX | JSE: PRX) today announced that Fred Phaswana, independent non-executive director and lead independent director, retired from the board with effect from 1 April 2020 and that Hendrik du Toit was appointed lead independent director.

Mr Phaswana has served on the Prosus board and acted as the lead independent director since August 2019. He was a director of Naspers Limited and on various other group structures. He was also a member of the Prosus human resources and remuneration and nomination committees.

The board thanked Mr. Phaswana for his commitment to the group. His unique contributions are highly valued and will be missed.

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