Remuneration

Craig Enenstein, chairperson of the Naspers and Prosus HR & remuneration committee, answers questions on Naspers’s approach to remuneration. The videos, self-shot during the lockdown, outline how we make pay decisions, changes to this year’s remuneration report, and include the impact of Covid-19 and recent notable transactions.

1. Describe your approach to remuneration
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2. How has Covid-19 impacted remuneration?
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3. Are executives paid relative to benchmarks?
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4. What can we expect in the remuneration report?
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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 its primary listing on Euronext Amsterdam and a secondary listing on the Johannesburg Stock Exchange and Naspers is the majority owner of Prosus.

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5. Do you think you'll achieve a higher level of support for the Naspers remuneration resolutions this year?
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6. What are the elements of our longer-term incentives?
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7. What are the considerations in selecting an appropriate performance. condition for longer term incentives such as PSUs?
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8. Why don't you have an incentive directly focused on closing the discount on net asset value?
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9. Why don't you disclose the underlying value of the businesses?
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10. Why don't you disclose the short-term incentive goals and achievements in detail?
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