Jumia Technologies : Power of attorney and instructions to the Company proxy (shareholders)

PROXY AND INSTRUCTIONS TO THE COMPANY PROXIES

for the extraordinary general meeting of Jumia Technologies AG on 11 March 2021

We kindly ask you to fill out this form and, together with your proxy voting card, directly send it to one of the following addresses by Wednesday, 10 March 2021, 24:00 CET (time of receipt):

Jumia Technologies AG c/o Link Market Services GmbH Landshuter Allee 10

80637 Munich Germany

E-Mail:[e-mail]

Please complete:

Principal's first and last name

Proxy voting card no.

Number of sharesI/We authorize the proxies designated by Jumia Technologies AG, Mr. Jörg Engmann and Ms. Katrin Bahlo, with their business address at Link Market Services GmbH, Munich, who are bound by instructions, each of them individually with the right to issue substitute powers of attorney, to represent me/us at the aforementioned general meeting while disclosing my/our name in the list of participants, and to exercise my/our voting right(s) or have such voting right(s) exercised with the following instructions:

Instructions to the company proxies

These instructions refer to the proposals by the management board and the supervisory board of Jumia Technologies AG as published in the German Federal Gazette (Bundesanzeiger) on 16 February 2021.

Agenda Item	Yes	No	Abstention
1. Resolution on cancelling the existing Authorized Capital 2020/I and creating an Authorized Capital 2021/I with the possibility to exclude subscription rights, as well as on the associated amendment to the Articles of Association			
2. Resolution on cancelling the existing authorization and granting a new authorization to issue convertible bonds, options, profit rights and/or profit bonds (or combinations of these instruments) with the possibility of excluding subscription rights, on cancelling the existing Conditional Capital 2020/II and creating a new Conditional Capital 2021/I, as well as on the corresponding amendments to the Articles of Association			

If, within the statutory period, the company were to receive motions from shareholders that have to be made available, these will be made available on the company's website at

https://investor.jumia.com/ (Menüpunkt "Annual Meeting" > "Extraordinary General Meeting March 2021 / Außerordentliche Hauptversammlung März 2021")

You may also issue voting instructions for such motions. To this end, please enter the name of the shareholder and, if applicable, the request in the table below. Do not forget to give your instructions by ticking the appropriate box.

Motions of Shareholders	Yes	No	Abstention
		
		

_________________________ Place, Date

______________________________________ Signature(s) or other completion of the declaration in accordance with Section 126b of the German Civil Code

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Information on Authorizing and Instructing the Company Proxies

Shareholders can individually authorize the proxies designated by Jumia Technologies AG, Mr. Jörg Engmann and Ms. Katrin Bahlo, each with their business address at Link Market Services GmbH, Munich, who are bound by instructions. The company proxies are only authorized to vote on your behalf if you have given them specific instructions regarding individual motions proposed by the management for the agenda items. The company proxies must follow your instructions when voting on the motions proposed by the management that were announced in the agenda.

You have the following options for authorizing the company proxies by using the form "Proxy and Instructions to the Company Proxies".

Transmission of proxy and instructions to the company proxies of Jumia Technologies AG by mail or e-mail

Please use the form "Proxy and Instructions to the Company Proxies". With this form, you authorize the aforementioned company proxies of Jumia Technologies AG and instruct them how your voting rights on the motions proposed by the management are to be exercised.

Then send (by mail or e-mail) your filled out form "Proxy and Instructions to the Company Proxies", together with the voting card, directly to one of the following addresses:

By mail to:

Jumia Technologies AG

c/o Link Market Services GmbH Landshuter Allee 10

80637 Munich

Germany

Or by e-mail to:

[e-mail]

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Important information

Please note that only shareholders who have registered in good time and who have the right to vote are entitled to authorize and instruct the company proxies of Jumia Technologies AG. Please submit the completed form, together with your proxy voting card, by Wednesday, 10 March 2021, 24:00 CET (time of receipt).

If the company receives authorizations and instructions for company proxies by several means of transmission (mail or e-mail), the last formally valid proxy to the company proxies with the corresponding instructions received will be considered binding, irrespective of the means of transmission.

If instructions are not properly completed or not clearly given, the company proxies, depending on the voting procedure for the relevant agenda item, will either abstain or not participate in the voting.

The company proxies are bound by instructions and are not permitted to exercise voting rights on motions and proposals that were not announced prior to the extraordinary general meeting (e.g., procedural motions). Depending on the voting procedure, the company proxies will either abstain or not participate in the voting in these cases. The company proxies cannot be instructed to raise objections, file motions or ask questions.

If you have any questions about the proxies, please call our

Extraordinary General Meeting Hotline

[phone] between 9.00 and 17.00 CET, Monday to Friday (except for public holidays).

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