This is a press release by Just Eat Takeaway.com N.V. ("Just Eat Takeaway.com" or the "Company") pursuant to the provisions of Section 5, paragraphs 4 and 5 and Section 6 paragraph 2 of the Netherlands Decree in Public Takeover Bids (Besluit openbare biedingen Wft, the "Decree") in connection with the intended recommended public offer by MIH Bidco Holdings B.V. (the "Offeror") for all the issued and outstanding ordinary shares in the capital of the Company, other than any ordinary shares held by the Company in its own capital (the "Offer"). This press release does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities in the Company. Any offer will be made only by means of an offer memorandum approved by the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, the "AFM"). This press release is not for release, publication, or distribution, in whole or in part, in or into, directly or indirectly, in any jurisdiction in which such release, publication, or distribution would be unlawful.

Just Eat Takeaway.com N.V. (AMS: TKWY), hereinafter the "Company" or "Just Eat Takeaway.com", today announces that it granted incentive awards to eligible employees under its company incentive plans.

As part of its Employee Short-Term Incentive Plan ("ESTI"), Just Eat Takeaway.com has granted, for no consideration, 1,969,807 ordinary shares in the share capital of Just Eat Takeaway.com (the "Shares") to a total of 2,814 employees. The nominal value of each Share is EUR 0.04.

In addition, as part of its Employee Long Term Incentive Plan ("ELTIP"), Just Eat Takeaway.com has granted, for no consideration, 2,061,181 conditional rights (the "Awards") to ordinary shares in the share capital of Just Eat Takeaway.com (the "Shares") to a total of 727 employees. The nominal value of each Share is EUR 0.04.

The vesting of the Awards is conditional on the continued employment of the relevant recipient, which condition is generally three years, with awards vesting annually or at the end of the vesting period, as further described in Just Eat Takeaway.com's 2024 annual report, pages 177-178. The vesting of some Awards is subject to the achievement of certain performance conditions.

The total number of Shares is unchanged at 208,967,756, of which 8,288,240 Shares are held as treasury shares.

Just Eat Takeaway.com does not hold any shares in the capital of the Offeror. Just Eat Takeaway.com is not aware of the Offeror holding Shares.