Prosus N : gives irrevocable undertaking to sell residual stake in delivery hero to uber

About this update from Prosus N.v. Class N

Prosus N.V. (Incorporated in the Netherlands) (Legal Entity Identifier: 635400Z5LQ5F9OLVT688) AEX and JSE Share Code: PRX ISIN: NL0013654783 ( Prosus ) PROSUS GIVES IRREVOCABLE UNDERTAKING TO SELL RESIDUAL STAKE IN DELIVERY HERO TO UBER Prosus N.V. ("Prosus") announces that it has provided an irrevocable undertaking to Uber Technologies, Inc. ( "Uber" ) to sell all of its remaining 16.8% stake in Delivery Hero SE (" Delivery Hero ") to Uber upon completion of Uber's recently announced offer to acquire the share capital in Delivery Hero at a purchase price of €41.50 per ordinary share (the " Offer "). Uber is headquartered in San Francisco, California, United States, and its issued shares are admitted to listing and trading on the New York Stock Exchange (NYSE: UBER), with secondary listings in several stock exchanges across Europe and the Americas. Under the terms of the European Commission's approval of the acquisition by Prosus of Just Eat Takeaway.com, Prosus committed to significantly reduce its 26.5% shareholding in Delivery Hero. In compliance with those commitments, on 17 April 2026 Prosus announced the disposal of 13,582,342 ordinary shares it held in Delivery Hero SE to Uber, representing approximately 4.5% of Delivery Hero's issued share capital; and on 11 May 2026, Prosus announced a further disposal of 15,188,284 ordinary shares in Delivery Hero to Aspex Management representing approximately 5% of Delivery Hero's issued share capital. Prosus now holds a minority stake of 16.8% in Delivery Hero, and Uber holds a stake of 24.99% with a further 11.8% held via instruments. Uber's Offer represents a significant premium of 151% to Delivery Hero's 1-month VWAP before the announcement of Prosus's initial 4.5% stake sale to Uber. Prosus believes that Uber's offer represents a fair price and effective way to comply with its commitments to the European Commission. Therefore, to support the offer, Prosus has entered into an irrevocable undertaking to Uber to dispose of its remaining interest in Delivery Hero. Prosus intends to use the proceeds of the disposal for general corporate purposes. The Offer will be subject to, amongst other things, customary regulatory conditions and the Offer then becoming unconditional and proceeding to implementation in accordance with its terms. As such there is no certainty that the Offer will be implemented. The details of the Offer, including the outstanding conditions, are available on Uber's website: https://www.uber.com . The Offer will become effective when all of the conditions thereto are fulfilled or waived, as applicable. Information relating to Delivery Hero, its business, its net assets, and its profits or losses as at 31 December 2025 can be accessed through the following weblink: https://ir.deliveryhero.com/financial-reports-and-presentations . The transaction constitutes a category 2 transaction for Naspers under the JSE Listings Requirements. Amsterdam, the Netherlands 16 July 2026 JSE sponsor to Prosus Investec Bank Limited Enquiries Investor Enquiries Eoin Ryan, Head of Investor Relations +1 347-210-4305 Media Enquiries Charlie Pemberton, Communications Director +31 6 15494359

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