in Mallinicks Attorneys (now Webber Wentzel) and worked in London at two leading international law firms. In 2008 David was appointed Naspers and MIH Group Senior Counsel. In this role he led the legal teams for the group’s M&A activities in Latin America, Central and Eastern Europe and Russia. David then became General Counsel of the Allegro Group and was subsequently promoted to the position of General Counsel: Global Transaction eCommerce at Naspers. In June 2015 he was appointed General Counsel, Naspers Group.

Mr. F. L. Nolo Letele serves as Executive Director of the Company. He joined M-Net in 1990 and pioneered MultiChoice’s expansion outside South Africa. In 1995 he moved to Ghana, where he served as West African regional general manager. In 1999 he was appointed chief executiveof MultiChoice SA, and later served as the MultiChoice group chief executive until 2010, when he was appointed executive chair of the MultiChoice South Africa Holdings board. Nolo has won several awards, including Media Man of the Year in 2001 (Saturday Star – Business Report); Media Owner of the Year in 2003 (Financial Mail Adfocus) and the Lifetime Africa Achievement Prize for media development in Africa (Millennium Excellence Foundation). He holds an honours degree in electronic engineering (UK).

Mr. Steve J. Z. Pacak is Non-Executive Director of Naspers Ltd. He is a chartered accountant (SA), began his career with Naspers at M-Net in 1988 and has held various executive positions in the Naspers group. He is a director of MultiChoice South Africa Holdings and other companies in the wider