**Summary of Prosus N.V. Annual General Meeting (AGM) Notice – 21 August 2025**
**AGM Outcomes**
All resolutions proposed at the AGM were passed by the requisite majority of shareholders, with 89.88% of the total issued share capital represented (4,723,032,358 shares).
Key resolutions included approving the directors remuneration report, adopting the annual accounts for FY25, approving a distribution to shareholders, discharging directors from liability, and reappointing Deloitte Accountants B.V. as auditors.
New executive directors, Phuthi Mahanele-Dabengwa and Nico Marais, were appointed, along with the reappointment of several non-executive directors.
**Financial and Strategic Highlights**
**Revenue Growth** Group revenue grew 13% to US$6.2 billion in FY25, outpacing peers, driven by strong performances in Classifieds and Food Delivery. Ecommerce segment revenue grew 21% in local currency, excluding M&A.
**Investments** Prosus invested US$7.8 billion in acquisitions, including Despegar (Latin America) and Just Eat Takeaway (Europe), to strengthen its ecosystems.
**Balance Sheet** Maintained a strong balance sheet with net cash of US$2.6 billion and reaffirmed commitment to an investment-grade rating.
**Shareholder Value** Continued share-repurchase program increased net asset value per share by 11%, reduced free-float share count by 27%, and generated US$35 billion in shareholder value since mid-2022.
**Strategic Focus**
**AI and Innovation** Prosus is prioritizing AI and digital transformation to build leading lifestyle ecommerce ecosystems in Latin America, Europe, and India, with a focus on ethical AI frameworks.
**Sustainability** Committed to environmental, social, and governance (ESG) goals, including reducing carbon footprint, creating livelihoods, and ensuring transparent sustainability reporting.
**Remuneration Alignment** Remuneration structures were amended to better align with strategic goals and shareholder interests, including discount-related goals for executives.
**Shareholder Distributions**
Shareholders approved a distribution of 20 euro cents per ordinary share N, with South African shareholders receiving 412.4360 Rand cents per share based on the EUR/ZAR exchange rate.
**Looking Ahead**
Prosus aims to continue growing fast, innovate to create competitive advantage, and increase profitability, while maintaining a focus on sustainability and responsible business practices.
**About Prosus**
Prosus is a global consumer internet group and one of the largest technology investors worldwide, focused on online classifieds, food delivery, payments, and fintech. It is majority-owned by Naspers and listed on Euronext Amsterdam, the Johannesburg Stock Exchange, and A2X Markets.
**Disclaimer**
The announcement contains forward-looking statements and inside information, subject to risks and uncertainties. It does not constitute an offer for securities.
**Contact**
Investor Enquiries: Eoin RyanHead of Investor Relations
Media Enquiries: Charlie PembertonCommunications Director
**End of Summary**