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    SEC Form SC 13D/A filed by Skillsoft Corp. (Amendment)

    4/6/22 5:19:59 PM ET
    $SKIL
    Computer Software: Prepackaged Software
    Technology
    Get the next $SKIL alert in real time by email
    SC 13D/A 1 d316659dsc13da.htm SC 13D/A SC 13D/A

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

     

    SCHEDULE 13D

    Under the Securities Exchange Act of 1934

    (Amendment No. 1)*

     

     

    Skillsoft Corp.

    (Name of Issuer)

    Class A common stock, par value $0.0001 per share

    (Title of Class of Securities)

    17143G106

    (CUSIP Number)

    MIH Learning B.V.

    Symphony Offices

    Gustav Mahlerplein 5

    1082 MS Amsterdam

    048624

    Attn: Wayne Benn

    +852 2202 5789

    (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

    April 4, 2022

    (Date of Event which Requires Filing of this Statement)

     

     

    If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.  ☐

     

     

    Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Section 240.13d-7 for other parties to whom copies are to be sent.

     

     

     

    *

    The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

    The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     

     

     


    CUSIP No. 17143G106

     

      1    

      NAME OF REPORTING PERSONS

     

      MIH Learning B.V.

      2  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

      (a)  ☐        (b)  ☐

     

      3  

      SEC USE ONLY

     

      4  

      SOURCE OF FUNDS

     

      AF

      5  

      CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

     

      ☐

      6  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      Netherlands

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

     

         7    

      SOLE VOTING POWER

     

      0

         8  

      SHARED VOTING POWER

     

      77,916,895 Class A common stock*

         9  

      SOLE DISPOSITIVE POWER

     

      0

       10  

      SHARED DISPOSITIVE POWER

     

      77,916,895 Class A common stock*

    11    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      77,916,895 Class A common stock*

    12  

      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

     

      ☐

    13  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

     

      43.2%**

    14  

      TYPE OF REPORTING PERSON

     

      CO

     

    *

    The Reporting Person beneficially owns 77,916,895 shares of Class A common stock, par value $0.0001 per share, of the Issuer. The number of shares of Class A common stock beneficially owned by the Reporting Person includes (i) 50,000,000 shares of Class A common stock owned prior to the date hereof, (ii) Warrants exercisable for 16,666,667 shares of Class A common stock and (iii) 11,250,228 shares of Class A common stock received in connection with the Mergers (as described below) (including 193,477 shares held in escrow in accordance with the terms of the Merger Agreement (as described below)).

    **

    The percentage ownership is based upon a total of 180,205,620 shares of Class A common stock outstanding (consisting of (i) 133,164,526 shares of Class A common stock reported in the Issuer’s definitive merger proxy statement filed on February 28, 2022, (ii) the Warrants exercisable for 16,666,667 shares of Class A common stock and (iii) 30,374,427 shares of Class A common stock issued in the Mergers).


    CUSIP No. 17143G106

     

      1    

      NAME OF REPORTING PERSONS

     

      Prosus N.V.

      2  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

      (a)  ☐        (b)  ☐

     

      3  

      SEC USE ONLY

     

      4  

      SOURCE OF FUNDS

     

      WC

      5  

      CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

     

      ☐

      6  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      Netherlands

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

     

         7    

      SOLE VOTING POWER

     

      0

         8  

      SHARED VOTING POWER

     

      77,916,895 Class A common stock*

         9  

      SOLE DISPOSITIVE POWER

     

      0

       10  

      SHARED DISPOSITIVE POWER

     

      77,916,895 Class A common stock*

    11    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      77,916,895 Class A common stock*

    12  

      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

     

      ☐

    13  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

     

      43.2%**

    14  

      TYPE OF REPORTING PERSON

     

      CO

     

    *

    The Reporting Person beneficially owns 77,916,895 shares of Class A common stock, par value $0.0001 per share, of the Issuer. The number of shares of Class A common stock beneficially owned by the Reporting Person includes (i) 50,000,000 shares of Class A common stock owned prior to the date hereof, (ii) Warrants exercisable for 16,666,667 shares of Class A common stock and (iii) 11,250,228 shares of Class A common stock received in connection with the Mergers (as described below) (including 193,477 shares held in escrow in accordance with the terms of the Merger Agreement (as described below)).

    **

    The percentage ownership is based upon a total of 180,205,620 shares of Class A common stock outstanding (consisting of (i) 133,164,526 shares of Class A common stock reported in the Issuer’s definitive merger proxy statement filed on February 28, 2022, (ii) the Warrants exercisable for 16,666,667 shares of Class A common stock and (iii) 30,374,427 shares of Class A common stock issued in the Mergers).


    CUSIP No. 17143G106

     

      1    

      NAME OF REPORTING PERSONS

     

      Naspers Limited*

      2  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

      (a)  ☐        (b)  ☐

     

      3  

      SEC USE ONLY

     

      4  

      SOURCE OF FUNDS

     

      AF

      5  

      CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

     

      ☐

      6  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      Republic of South Africa

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

     

         7    

      SOLE VOTING POWER

     

      0

         8  

      SHARED VOTING POWER

     

      77,916,895 Class A common stock*

         9  

      SOLE DISPOSITIVE POWER

     

      0

       10  

      SHARED DISPOSITIVE POWER

     

      77,916,895 Class A common stock*

    11    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      77,916,895 Class A common stock*

    12  

      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

     

      ☐

    13  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

     

      43.2%**

    14  

      TYPE OF REPORTING PERSON

     

      CO

     

    *

    Naspers Limited (“Naspers”) employs a differential voting structure involving two South African entities, Naspers Beleggings (RF) Beperk (“Nasbel”) and Keeromstraat 30 Beleggings (RF) Beperk (“Keerom”), the sole remit of which is to protect the continued independence of Naspers, hold ordinary shares of Naspers that respectively represent approximately 33.8% and 21.2% of the voting rights in respect of all Naspers shares. Each of Nasbel and Keerom disclaims beneficial ownership of all shares of Class A common stock owned by the Reporting Persons.

    **

    The Reporting Person beneficially owns 77,916,895 shares of Class A common stock, par value $0.0001 per share, of the Issuer. The number of shares of Class A common stock beneficially owned by the Reporting Person includes (i) 50,000,000 shares of Class A common stock owned prior to the date hereof, (ii) Warrants exercisable for 16,666,667 shares of Class A common stock and (iii) 11,250,208 shares of Class A common stock received in connection with the Mergers (as described below) (including 193,477 shares held in escrow in accordance with the terms of the Merger Agreement (as described below)).

    ***

    The percentage ownership is based upon a total of 180,205,620 shares of Class A common stock outstanding (consisting of (i) 133,164,526 shares of Class A common stock reported in the Issuer’s definitive merger proxy statement filed on February 28, 2022, (ii) the Warrants exercisable for 16,666,667 shares of Class A common stock and (iii) 30,374,427 shares of Class A common stock issued in the Mergers).


    This Amendment No. 1 to the Schedule 13D (this “Amendment No. 1”) relates to the Class A common stock, par value $0.0001 per share (the “Class A common stock”), of Skillsoft Corp., a Delaware corporation (the “Issuer”) and amends the Schedule 13D filed on June 14, 2021 (the “Original Schedule 13D” and, together with this Amendment No. 1, the “Schedule 13D”). Capitalized terms used and not defined in this Amendment No. 1 have the meanings set forth in the Original Schedule 13D.

    Item 2. Identity and Background

    Item 2 of the Schedule 13D is amended by replacing the fifth and sixth paragraphs under (a) – (c) in Item 2 of the Schedule 13D with the following:

    The name, state or other place of organization and address of the principal office of each of the Reporting Persons and the other Naspers Entities are set forth on Schedule A attached hereto and are incorporated herein by reference. The Reporting Persons are a global consumer internet group operating across a variety of platforms and geographies, and are also one of the largest technology investors in the world.

    The name, citizenship, residence or business address, present principal occupation or employment, and the name, principal business and address of any corporation or other organization in which such present principal occupation or employment is conducted, of each director and executive officer of the Naspers Entities (collectively referred to herein as the “Directors and Officers”) are set forth on Schedule B attached hereto and incorporated herein by reference.

    Item 3. Source and Amount of Funds or Other Consideration

    Item 3 of the Schedule 13D is amended by adding the following:

    The information set forth under Item 4 is incorporated in this Item 3 in its entirety.

    Item 4. Purpose of Transaction

    Item 4 of the Schedule 13D is amended by adding the following:

    On April 4, 2022, the Issuer consummated the transactions contemplated by the Agreement and Plan of Merger, dated as of December 22, 2021 (the “Merger Agreement”), by and among the Issuer, Ryzac, Inc., a Delaware corporation (“Codecademy”), Skillsoft Finance II, Inc., a Delaware corporation and indirect wholly-owned subsidiary of the Issuer (“Borrower”), Skillsoft Newco I, Inc., a Delaware corporation and direct wholly-owned subsidiary of Borrower (“Merger Sub I”), Skillsoft Newco II, LLC, a Delaware limited liability company and direct wholly-owned subsidiary of Borrower (“Merger Sub II”), and Fortis Advisors LLC, a Delaware limited liability company, solely in its capacity as the representative of the equity holders of Codecademy, pursuant to which, subject to the terms and conditions set forth therein, Merger Sub I merged with and into Codecademy (the “First Merger”), with Codecademy being the surviving corporation of the First Merger (the “Surviving Corporation”), and immediately following the First Merger and as part of the same overall transaction, the Surviving Corporation merged with and into Merger Sub II, with Merger Sub II being the surviving company and an indirect wholly-owned subsidiary of the Company (the “Second Merger” and, together with the First Merger, the “Mergers”).

    In connection with the Mergers, Prosus Services B.V. an affiliate of the Reporting Persons, as beneficial owners of (i) 4,117,714 shares of Codecademy Series C Preferred Stock, (ii) 575,865 shares of Codecademy Series D Preferred Stock and (iii) 1,350,342 shares of Codecademy common shares, received 11,250,228 shares of Class A common stock (including 193,477 shares held in escrow in accordance with the terms of the Merger Agreement) as merger consideration (the “Consideration Shares”). Following completion of the Mergers, Prosus Services B.V. assigned all of its rights to the Consideration Shares to MIH Learning.

    Item 5. Interest in Securities of the Issuer

    Item 5 of the Schedule 13D is amended and restated as follows:


    (a) (b) The aggregate number of shares of Class A common stock to which this Schedule 13D relates is 77,916,895 shares of Class A common stock (consisting of (i) 50,000,000 shares of Class A common stock owned prior to the date hereof, (ii) Warrants exercisable for 16,666,667 shares of Class A common stock and (iii) 11,250,228 shares of Class A common stock received in connection with the Mergers (including 193,477 shares held in escrow in accordance with the terms of the Merger Agreement)). Based upon a total of 180,205,620 shares of Class A common stock outstanding (consisting of (i) 133,164,526 shares of Class A common stock reported in the Issuer’s definitive merger proxy statement filed on February 28, 2022, (ii) the Warrants exercisable for 16,666,667 shares of Class A common stock and (iii) 30,374,427 shares of Class A common stock issued in the Mergers), the Reporting Persons’ shares of Class A common stock collectively represent approximately 43.2% of the outstanding shares of Class A common stock.

    (i) MIH Learning

    (a) MIH Learning may be deemed the beneficial owner of 77,916,895 shares of Class A common stock (consisting of (i) 50,000,000 shares of Class A common stock owned prior to the date hereof, (ii) Warrants exercisable for 16,666,667 shares of Class A common stock and (iii) 11,250,228 shares of Class A common stock received in connection with the Mergers (including 193,477 shares held in escrow in accordance with the terms of the Merger Agreement)).

    (b)       1. Sole power to vote or direct vote: 0

    2. Shared power to vote or direct vote: 77,916,895 shares of Class A common stock (including 193,477 shares held in escrow in accordance with the terms of the Merger Agreement)

    3. Sole power to dispose or direct the disposition: 0

    4. Shared power to dispose or direct the disposition: 77,916,895 shares of Class A common stock (including 193,477 shares held in escrow in accordance with the terms of the Merger Agreement)

    (ii) Prosus N.V.

    (a) Prosus N.V. may be deemed the beneficial owner of 77,916,895 shares of Class A common stock (consisting of (i) 50,000,000 shares of Class A common stock owned prior to the date hereof, (ii) Warrants exercisable for 16,666,667 shares of Class A common stock and (iii) 11,250,228 shares of Class A common stock received in connection with the Mergers (including 193,477 shares held in escrow in accordance with the terms of the Merger Agreement)). MIH Learning is controlled by Prosus and Naspers, which share voting and dispositive control over the shares held by MIH Learning, and therefore Prosus and Naspers may be deemed to share beneficial ownership of such shares.

    (b)       1. Sole power to vote or direct vote: 0

    2. Shared power to vote or direct vote: 77,916,895 shares of Class A common stock (including 193,477 shares held in escrow in accordance with the terms of the Merger Agreement)

    3. Sole power to dispose or direct the disposition: 0

    4. Shared power to dispose or direct the disposition: 77,916,895 shares of Class A common stock (including 193,477 shares held in escrow in accordance with the terms of the Merger Agreement)

    (iii) Naspers Limited

    (a) Naspers Limited may be deemed the beneficial owner of 77,916,895 shares of Class A common stock (consisting of (i) 50,000,000 shares of Class A common stock owned prior to the date hereof, (ii) Warrants exercisable for 16,666,667 shares of Class A common stock and (iii) 11,250,228 shares of Class A common stock received in connection with the Mergers (including 193,477 shares held in escrow in accordance with the terms of the Merger Agreement)). MIH Learning is controlled by Prosus and Naspers, which share voting and dispositive control over the shares held by MIH Learning, and therefore Prosus and Naspers may be deemed to share beneficial ownership of such shares.

    (b)       1. Sole power to vote or direct vote: 0

    2. Shared power to vote or direct vote: 77,916,895 shares of Class A common stock (including 193,477 shares held in escrow in accordance with the terms of the Merger Agreement)

    3. Sole power to dispose or direct the disposition: 0

    4. Shared power to dispose or direct the disposition: 77,916,895 shares of Class A common stock (including 193,477 shares held in escrow in accordance with the terms of the Merger Agreement)

    (c) The response set forth in Item 4 of this Amendment No. 1 is incorporated herein by reference and is qualified in its entirety by reference to the Merger Agreement.


    (d) MIH Learning is currently the only person that has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Class A common stock.

    (e) Not applicable

    Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer

    Item 6 of the Schedule 13D is amended by adding the following:

    The information set forth under Item 4 is incorporated in this Item 6 in its entirety.

    In connection with the closing of the Mergers, the Issuer entered into a Registration Rights Agreement, dated as of April 4, 2022, with certain former equity holders of Codecademy, including Prosus Services B.V. and MIH Edtech Investments (the “RRA Holders”). Pursuant to the Registration Rights Agreement, among other things, the Issuer (a) is required to file with the Securities and Exchange Commission a registration statement registering for public resale the shares of common stock received by the RRA Holders as part of the Mergers and (b) will grant certain RRA Holders certain demand and piggyback registration rights. The RRA Holders (other than the Founder Holder (as defined in the Registration Rights Agreement)) may not sell any Registrable Securities (as defined in the Registration Rights Agreement) for the 180 day period beginning on April 4, 2022, except as otherwise permitted by the Registration Rights Agreement. The description of the Registration Rights Agreement does not purport to be complete and is subject to, and qualified in its entirety by reference to, the full text of the Registration Rights Agreement, which is attached as Exhibit 99.5 hereto and is incorporated herein by reference.

    Item 7. Material to be Filed as Exhibits

    Item 7 of the Schedule 13D is amended by adding thereto the following:

     

    Exhibit Number

      

    Description of Exhibits

    99.5.    Registration Rights Agreement (incorporated by reference to the Issuer’s Form 8-K filed on April 5, 2022.
    99.6    Joint Filing Agreement.


    SIGNATURE

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

     

        MIH Learning B.V.
    Date: April 6, 2022      
        By:  

    /s/ Serge de Reus

          Name: Serge de Reus
          Title:   Director
        Prosus N.V.
    Date: April 6, 2022      
        By:  

    /s/ Basil Sgourdos

          Name: Basil Sgourdos
          Title:   CFO
        Naspers Limited
    Date: April 6, 2022      
        By:  

    /s/ Basil Sgourdos

          Name: Basil Sgourdos
          Title:   CFO


    SCHEDULE A

    ENTITIES

     

    Entity

      

    Name, state or other place of organization

      

    Address of the principal business and

    principal office

    MIH Learning B.V.    The Netherlands   

    Symphony Offices,

    Gustav Mahlerplein 5

    1082MS Amsterdam

    The Netherlands

    MIH Edtech Holdings B.V.    The Netherlands   

    Symphony Offices,

    Gustav Mahlerplein 5

    1082MS Amsterdam

    The Netherlands

    MIH ecommerce Holdings B.V.    The Netherlands   

    Symphony Offices

    Gustav Mahlerplein 5

    1082 MS Amsterdam

    The Netherlands

    MIH Internet Holdings B.V.    The Netherlands   

    Symphony Offices,

    Gustav Mahlerplein 5

    1082 MS Amsterdam

    The Netherlands

    Prosus N.V.    The Netherlands   

    Symphony Offices,

    Gustav Mahlerplein 5

    1082 MS Amsterdam

    The Netherlands

    Naspers Limited    South Africa   

    Media24 Centre

    40 Heerengracht

    Cape Town

    South Africa

    8001


    SCHEDULE B

    DIRECTORS AND OFFICERS

    The name, country of citizenship and current principal occupation or employment of each of the Directors and Officers are set forth below.

    MIH Learning B.V.

     

    Name

      

    Country of Citizenship

      

    Current Principal Occupation or Employment (and business address and
    principal business of any corporation or other organization other than a
    Company)

    Serge de Reus    The Netherlands   

    Group Head of Tax,

    Prosus N.V., Symphony Offices, Gustav Mahlerplein 5, 1082 MS Amsterdam, The Netherlands

    Alexandra Bran    Romania   

    Finance Director Edtech

    Prosus N.V., Symphony Offices, Gustav Mahlerplein 5, 1082 MS Amsterdam, The Netherlands

    Kristel Everdien Tijsterman    The Netherlands   

    Group Tax Director,

    Prosus N.V., Symphony Offices, Gustav Mahlerplein 5, 1082 MS Amsterdam, The Netherlands

    MIH Edtech Holdings B.V.

     

    Name

      

    Country of Citizenship

      

    Current Principal Occupation or Employment (and business address and
    principal business of any corporation or other organization other than a
    Company)

    Serge de Reus    The Netherlands   

    Group Head of Tax,

    Prosus N.V., Symphony Offices, Gustav Mahlerplein 5, 1082 MS Amsterdam, The Netherlands

    Martin Tschopp    Dual: Switzerland/United States   

    Ventures CEO,

    NNV New Ventures Inc, 201 Spear Street, Suite 1650, San Francisco, CA 94105, United States of America

    MIH e-commerce Holdings B.V.

     

    Name

      

    Country of Citizenship

      

    Current Principal Occupation or Employment (and business address and
    principal business of any corporation or other organization other than a
    Company)

    Serge de Reus    The Netherlands   

    Group Head of Tax,

    Prosus N.V., Symphony Offices, Gustav Mahlerplein 5, 1082 MS Amsterdam, The Netherlands

    Jan Adriaan Emanuel Freeke    The Netherlands   

    Tax Director,

    Prosus N.V., Symphony Offices, Gustav Mahlerplein 5, 1082 MS Amsterdam, The Netherlands

    Petrus Jacobus Pretorius Olivier    South Africa   

    Corporate CFO,

    MIH e-commerce Holdings (Pty) Ltd, WeWork the Link, 173 Oxford Road, 2196 Rosebank, Johannesburg, South Africa


    MIH Internet Holdings B.V.

     

    Name

      

    Country of Citizenship

      

    Current Principal Occupation or Employment (and business address and
    principal business of any corporation or other organization other than a
    Company)

    Serge de Reus    The Netherlands   

    Group Head of Tax,

    Prosus N.V., Symphony Offices, Gustav Mahlerplein 5, 1082 MS Amsterdam, The Netherlands

    Emily Frances Barker    The Netherlands and Australia   

    Head of Legal – Corporate,

    Prosus N.V., Symphony Offices, Gustav Mahlerplein 5, 1082 MS Amsterdam, The Netherlands

    Nicolaas Jacobus Marais    South Africa   

    General Manager Finance,

    Prosus N.V., Symphony Offices, Gustav Mahlerplein 5, 1082 MS Amsterdam, The Netherlands

    Jaco van der Merwe    The Netherlands    Head of Treasury, Prosus N.V., Symphony Offices, Gustav Mahlerplein 5, 1082 MS Amsterdam, The Netherlands

    Prosus N.V.

     

    Name

      

    Country of Citizenship

      

    Current Principal Occupation or Employment (and business address and
    principal business of any corporation or other organization other than a
    Company)

    Bob van Dijk    The Netherlands   

    Executive director and chief executive: Prosus N.V. and Naspers Limited

    Symphony Offices, Gustav Mahlerplein 5, 1082 MS Amsterdam, The Netherlands

    Vasileios Sgourdos    Dual: South Africa/Greece   

    Financial Director and executive director: Prosus N.V. and Naspers Limited

    3505-6, 35th Floor

    Tower 2, Lippo Centre

    89 Queensway, Admiralty

    Hong Kong

    Jacobus Petrus Bekker    Dual: South Africa/The Netherlands   

    Non-executive chair: Prosus N.V. and Naspers Limited

    40 Heerengracht

    Cape Town

    8001


    Hendrik Jacobus du Toit    Dual: South Africa/United Kingdom   

    Chief executive: Investec Asset Management and Non-executive director: Prosus N.V. and Naspers Limited

    55 Gresham Street

    London

    EC2V 7EL

    United Kingdom

    Angelien Gertruda Zinnia Kemna    The Netherlands   

    Non-executive director: Prosus N.V. and Naspers Ltd.

    Symphony Offices, Gustav Mahlerplein 5,1082 MS Amsterdam, The Netherlands

    Craig Lawrence Enenstein    United States   

    Chief executive officer: Corridor Capital and Non-executive director: Prosus N.V. and Naspers Limited

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    CA 90025

    Manisha Girotra    India   

    Chief Executive Officer of Moelis India

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    One Indiabulls Centre, Elphinstone Road West, Mumbai, 400013, India

    Rachel Catharina Cornelia Jafta    South Africa   

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    Room 516, Schumann Building

    Bosman Street

    Stellenbosch 7600

    Francis Lehlohonolo Napo Letele    South Africa   

    Chair: MultiChoice and Non-executive director: Prosus N.V. and Naspers Limited

    MultiChoice City

    144 Bram Fischer Dr

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    Debra Meyer    South Africa   

    Professor: University of Johannesburg (UJ) and Non-executive director: Prosus N.V. and Naspers Limited

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    C Ring 212

    Kingsway Campus

    Aucklandpark 2006

    Roberto Oliveira de Lima    Brazil   

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    Symphony Offices, Gustav Mahlerplein 5,1082 MS Amsterdam, The Netherlands

    Stephan Joseph Zbigniew Pacak    Dual: South Africa/United Kingdom   

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    8001


    Mark Remon Sorour    South Africa   

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    Jacobus du Toit Stofberg    Dual: South Africa/United Kingdom   

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    Ying Xu    China   

    President of Wumei Technology Group

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    158-1 4th West Ring Road,

    Beijing, China

    100142

    Naspers Limited

     

    Name

      

    Country of Citizenship

      

    Current Principal Occupation or Employment (and business address and
    principal business of any corporation or other organization other than a
    Company)

    Jacobus Petrus Bekker    Dual: South Africa/The Netherlands   

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    Cape Town

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    Bob van Dijk    The Netherlands   

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    Vasileios Sgourdos    Dual: South Africa/Greece   

    Financial Director: Naspers Limited and Prosus N.V.

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    Tower 2, Lippo Centre

    89 Queensway, Admiralty

    Hong Kong

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    Cape Town

    8001

    Hendrik Jacobus du Toit    Dual: South Africa/United Kingdom   

    Chief executive: Investec Asset Management and Non-executive director: Naspers Limited and Prosus N.V.

    55 Gresham Street

    London

    EC2V 7EL

    United Kingdom


    Craig Lawrence Enenstein    United States   

    Chief executive officer: Corridor Capital and Non-executive director: Naspers Limited and Prosus N.V.

    12400 Wilshire Boulevard, Suite 645, Los Angeles

    CA 90025

    Manisha Girotra    India   

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    Non-executive director: Prosus N.V. and Naspers Limited

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    Rachel Catharina Cornelia Jafta    South Africa   

    Professor: Stellenbosch University and Non-executive director: Naspers Limited and Prosus N.V.

    Dept. Economics

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    Bosman Street

    Stellenbosch 7600

    Francis Lehlohonolo Napo Letele    South Africa   

    Chair: MultiChoice and Non-executive director: Naspers Limited and Prosus N.V.

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    Debra Meyer    South Africa   

    Professor: University of Johannesburg (UJ) and Non-executive director: Naspers Limited and Prosus N.V.

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    Roberto Oliveira de Lima    Brazil   

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    Cape Town

    8001

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    Non-executive director: Naspers Ltd.

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    8001


    Ying Xu    China   

    President of Wumei Technology Group

    Non-executive director: Prosus N.V. and Naspers Limited

    158-1 4th West Ring Road, Beijing, China

    100142

    Angelien Gertruda Zinnia Kemna    The Netherlands   

    Non-executive director Prosus N.V. and Naspers Ltd.

    Symphony Offices, Gustav Mahlerplein 5,1082 MS Amsterdam, The Netherlands

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