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NASPERS LIMITED - Amendments to composition of Board Committees

Release Date: 18/12/2017 15:00
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Amendments to composition of Board Committees

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 6315122092
(“Naspers” or “the company”)




AMENDMENTS TO COMPOSITION OF BOARD COMMITTEES


Shareholders are advised that the composition of the human resources and remuneration committee,
the nomination committee and the social and ethics committee will be amended.

Human resources and remuneration committee

Rachel Jafta, independent non-executive director, steps down from the committee. The board thanks
Prof Jafta for her valuable contribution to the committee and for her excellent chairmanship. Cobus
Stofberg steps down as an alternate committee member. The board thanks him for his valuable
contribution.

New composition of the committee:
Chair:        Craig Enenstein, independent non-executive director – new appointment
Members:      Emilie Choi, independent non-executive director – new appointment
              Fred Phaswana, independent non-executive director – no change
              Koos Bekker non-executive director – no change
              Roberto Oliveira de Lima, independent non-executive director – new appointment


Nomination committee

Koos Bekker, non-executive director and chair of the board, steps down as chair of the committee. He
remains a member of the committee. The board thanks Mr Bekker for his excellent chairmanship of this
committee. Cobus Stofberg steps down as an alternate committee member. The board thanks him for his
valuable contribution.

New composition of the committee:
Chair:        Rachel Jafta, independent non-executive director – previously a member, now chair
Members:      Craig Enenstein, independent non-executive director – new appointment
              Fred Phaswana, independent non-executive director – no change
              Hendrik du Toit, independent non-executive director – new appointment
              Koos Bekker, non-executive director – previously chair, now a member
              Roberto Oliveira de Lima, independent non-executive director – new appointment

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Social and ethics committee

Basil Sgourdos, executive director, will step down from the committee and become an alternate to Bob
van Dijk, executive director. Cobus Stofberg, non-executive director, will join the committee.

New composition of the committee:
Chair:        Don Eriksson, independent non-executive director – no change
Members:      Cobus Stofberg, non-executive director – new appointment
              Debra Meyer, independent non-executive director – no change
              Rachel Jafta, independent non-executive director – no change
              Bob van Dijk, executive director – no change
              Nolo Letele, executive director – no change
              Esmaré Weideman, executive director of Media24 – no change
Alternate:    Basil Sgourdos, executive director – previously a member, now alternate to Bob van Dijk


Effective date of amendments

The effective dates of the amendments are:
    - Human resources and remuneration and nomination committees: 22 February 2018
    - Social and ethics committee: 26 March 2018

The curricula vitae of all committee members are available on www.naspers.com.


Cape Town
18 December 2017
Sponsor: Investec Bank Limited




About Naspers:
Founded in 1915, Naspers is a global internet and entertainment group and one of the largest technology
investors in the world. Operating in more than 120 countries and markets with long-term growth
potential, Naspers builds leading companies that empower people and enrich communities. It runs some
of the world´s leading platforms in internet, video entertainment, and media.

Naspers companies connect people to each other and the wider world, help people improve their daily
lives, and entertain audiences with the best of local and global content. Every day, millions of people use
the products and services of companies that Naspers has invested in, acquired or built, including Avito,
Brainly, Codecademy, Delivery Hero, eMAG, Flipkart, ibibo, iFood, letgo, Media24, Movile, MultiChoice,
OLX, PayU, Showmax, SimilarWeb, SinDelantal, Swiggy, Twiggle, and Udemy. Similarly, hundreds of
millions of people have made the platforms of its associates Tencent (www.tencent.com; SEHK 00700),
Mail.ru (www.corp.mail.ru; LSE: MAIL), and MakeMyTrip Limited (www.makemytrip.com; NASDAQ:
MMYT) a part of their daily lives.

Naspers is listed on the Johannesburg Stock Exchange (NPN.SJ) and has an ADR listing on the London
Stock Exchange (LSE: NPSN).

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




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