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 6, paragraph 2 and Section 13 paragraph 1 of the Dutch Decree in Public Takeover Bids (Besluit openbare biedingen Wft, the "Decree") in connection with the recommended public offer by by MIH Bidco Holdings B.V. (the "Offeror"), an indirectly wholly-owned subsidiary of Prosus N.V. ("Prosus") for all the issued and outstanding ordinary shares, American depositary shares and CREST depositary interests in the capital of the Company (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) announces that it granted incentive awards to its (former) management board members in accordance with the management board remuneration policy.

As part of its short-term incentive ("STI") and long-term incentive ("LTI"), Just Eat Takeaway.com has today granted certain rights to its (former) management board members in relation to the ordinary shares in the share capital of the Company, each with a nominal value of EUR 0.04 (each, a "Share" and such award, an "Award"). Under the STI, Just Eat Takeaway.com granted 70,815 deferred awards of Shares for no consideration. Under the LTI, Just Eat Takeaway.com granted 140,597 conditional performance options for Shares for no consideration.

The Awards under the STI shall vest subject to a period of deferral of three years with one-third of the amounts deferred vesting and being capable at release at each anniversary of the making of the deferred awards, as further described in Just Eat Takeaway.com’s 2024 annual report, page 177 and in Just Eat Takeaway.com’s Management Board Remuneration Policy.

The Awards under the LTI shall vest three years after the relevant grant date, subject to continued service, non-market and market performance conditions, as further described in Just Eat Takeaway. com’s 2024 annual report, pages 175-176 and Just Eat Takeway.com's Management Board Remuneration Policy.

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.