Annual Financial Report

Naspers Limited

(Incorporated in the Republic of South Africa)

(Registration number 1925/001431/06)

JSE share code: NPN ISIN: ZAE000015889

LSE ADS code: NPSN ISIN: US US6315122092

("Naspers" or "the company")

FINAL CASH DIVIDEND DECLARATION AND DISTRIBUTION OF INTEGRATED ANNUAL REPORT 2021, NOTICE OF ANNUAL GENERAL MEETING AND PUBLICATION OF B-BBEE ANNUAL COMPLIANCE CERTIFICATE

Distribution of integrated annual report and notice of annual general meeting

Shareholders are advised that the company's integrated annual report (including the notice and proxy of the annual general meeting) and annual financial statements for the year ended 31 March 2021 will be posted on the company's website www.naspers.com this evening, Monday 21 June 2021.

The notice of the annual general meeting will be posted to shareholders today, 21 June 2021, and notice is hereby given that the 107th annual general meeting of the company will be held at 14:00 on Wednesday 25 August 2021, to transact business as stated in the notice of the annual general meeting. Given the ongoing pandemic and related government action and regulations aimed at social distancing, the annual general meeting will be conducted entirely through electronic communications as envisaged in the Act.

This notice together with the proxy form will be available on the Company's website, www.naspers.com, as of today. Proxy forms must be lodged, for administrative purposes, by no later than 14:00 on Monday, 23 August 2021, alternatively presented to the Naspers company secretary prior to the commencement of the annual general meeting.

The record date in order to be eligible to vote at the Annual General Meeting is Friday, 13 August 2021 and accordingly the last day to trade Naspers N Ordinary Shares in order to be recorded in the Naspers Register on the record date to be eligible to vote and participate at the Annual General Meeting is Tuesday, 10 August 2021.

Dividend declaration

Further to the summarised consolidated financial statements for the year ended 31 March 2021 as released on SENS and the company's website www.naspers.com, the board of Naspers wishes to advise that the dividend to be paid in relation to the Naspers N ordinary shares and A ordinary shares of the amount that Naspers receives from Prosus as a dividend as referred to in the Prosus results announcement dated 21 June 2021, will be either (i) as a terminal economics distribution under the cross-holding agreement between Naspers and Prosus if the exchange offer transaction announced by Prosus on 12 May 2021 is implemented and settlement thereof occurs, or (ii) if this is not the case, as a dividend payment in the ordinary course.

The board of Naspers intends to declare the dividend as soon as practicable after the exchange offer transaction has been implemented, or it is known that the exchange offer transaction will no longer proceed.

Publication of B-BEE annual compliance certificate

Shareholders are further advised that Naspers's annual compliance certificate for the 2021 financial year in terms of section 13G(2) of the Broad-Based Black Economic Empowerment Act has been published and is also available on the Company's website, www.naspers.com

Cape Town

21 June 2021

Sponsor: Investec Bank Limited

About Naspers

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 a 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 (LSE: NPSN).

For more information, please visit www.naspers.com.