Notification according to Sec. 43 para. 1 of the German Securities Trading Act (Wertpapierhandelsgesetz - 'WpHG')

Naspers Limited, South Africa, hereby notifies Delivery Hero SE, Germany (the 'Issuer') in accordance with Sec. 43 para.1 WpHG on behalf of its subsidiaries MIH Internet Holdings B.V. and MIH Food Delivery Holdings B.V. (together the 'Notifying Parties').

As notified pursuant to Sec. 33 para. 1 WpHG last on January 16, 2020, the Notifying Parties have crossed the voting rights thresholds of 3%, 5%, 10%, 15% and 20%. The crossing was the result of restructurings within the Naspers Group and the overall number of voting rights held by the Naspers Group in the Issuer remained unchanged.

Against this background, the Notifying Parties hereby inform the Issuer pursuant to Sec. 43 para. 1 WpHG as follows:

1. Current Objectives Underlying the Acquisition of the Voting Rights (Sec. 43 para. 1, sentence 3 WpHG)

a) The voting rights thresholds were crossed as the result of intra-group restructurings, and the crossing of the thresholds is not aimed at the realization of strategic objectives nor at the generation of trading profits.

b) The Notifying Parties have currently no intention to increase their shareholding within the next twelve months. However, should future opportunities arise to obtain further voting rights of the Issuer at attractive terms, the Notifying Parties will consider those on the same merits as they evaluate other investment opportunities.

c) The Notifying Parties have no intention to influence the composition of the Issuer's administrative, management and supervisory boards, apart from exercising their voting rights in the annual general meeting. As part of the Naspers Group, they would aim at continuing to be represented on the supervisory board.

d) The Notifying Parties do not intend to bring about a material change in the Issuer's capital structure, in particular as regards the equity and debt ratio and dividend policy.

2. Source of Funds Used (Sec. 43 para 1, sentence 4 WpHG)

Because the voting rights thresholds were exceeded as the result of intra-group restructurings, the Notifying Parties did not provide any equity or debt financing for the acquisition of the voting rights.

31 January, 2020

Naspers Limited