Annual report 2023


Brazil

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Highlights

2021

Smartphone users 173 million

81%* of population is internet users

2022

Population 218.7 million

Unemployment rate 7.9%

GDP 2.9%

Inflation 7.8%*

2023

Food Delivery 750 million orders

2026*

Online grocery sector 20% CAGR*

Smartphone penetration 85%

* Estimated.

Prosus offers

Building a global leader in on-demand food delivery.

  • iFood is the most-loved delivery company in Brazil, engaging with society through meaningful actions.
  • Around 1 500 Brazilian cities covered.

Financial service offering gained traction.

Innovation driving growth for iFood.

ESG:

  • For 2025: We aim for no plastic pollution in iFood’s food deliveries; to remain carbon-neutral; and to have non-polluting delivery methods for 50% of deliveries.
  • Todos a Mesa (all at the table) programme aims to end food insecurity (15% of the population faces this issue). Besides food donations, iFood users can donate money through its app – iFood is now the largest donation platform in Brazil, with over BRL25m donated since 2021.
  • 5 000 people have completed iFood’s basic education courses for its driver community. For FY24, iFood aims to have 30 000 drivers complete the basic education programme.

Administration and corporate information

Prosus N.V.
Incorporated in the Netherlands
(Registration number: 34099856)
(Prosus or the group)
Euronext Amsterdam and
JSE share code: PRX
ISIN: NL 0013654783

Directors
JP Bekker (chair), B van Dijk (chief executive), S Dubey, HJ du Toit, CL Enenstein, M Girotra, RCC Jafta, AGZ Kemna, FLN Letele, D Meyer, R Oliveira de Lima, SJZ Pacak, V Sgourdos, MR Sorour, JDT Stofberg, Y Xu

Company secretary
L Bagwandeen
Gustav Mahlerplein 5
Symphony Offices
1082 MS Amsterdam
The Netherlands

Registered office
Gustav Mahlerplein 5
Symphony Offices
1082 MS Amsterdam
The Netherlands
Tel: +31 20 299 9777
www.prosus.com

Independent auditor
PricewaterhouseCoopers Accountants N.V.
Thomas R. Malthusstraat 5
1066 JR Amsterdam
The Netherlands

Euronext listing agent
ING Bank N.V.
Bijlmerplein 888
1102 MG Amsterdam
The Netherlands

Euronext paying agent
ABN AMRO Bank N.V.
Corporate broking and issuer services
HQ 7212
Gustav Mahlerlaan 10
1082 PP Amsterdam
The Netherlands

JSE transfer secretary
Computershare Investor Services Proprietary Limited
Rosebank Towers, 15 Bierman Avenue
Rosebank
Johannesburg 2196
South Africa
Tel: +27 (0) 86 110 0933

Cross-border settlement agent
Citibank, N.A. South Africa Branch
145 West Street
Sandown
Johannesburg 2196
South Africa

JSE sponsor
Investec Bank Limited
(Registration number: 1969/004763/06)
PO Box 785700
Sandton 2146
South Africa
Tel: +24 (0) 11 286 7326
Fax: +27 (0)11 286 9986

ADR programme
The Bank of New York Mellon maintains a GlobalBuyDIRECTSM plan for Prosus N.V. For additional information, please visit The Bank of New York Mellon’s website at www.globalbuydirect.com or call Shareholder Relations at 1-888-BNY-ADRS or 1-800-345-1612 or write to: The Bank of New York Mellon, Shareholder Relations Department – GlobalBuyDIRECTSM Church Street Station, PO Box 11258 New York, NY 10286-1258
USA

Attorneys
Allen & Overy LLP
Apollolaan 15
1077 AB Amsterdam
The Netherlands

Investor relations
Eoin Ryan
InvestorRelations@prosus.com
Tel: +1 347-210-4305