Jumia commercial chief holds 77,110 depositary shares

The VRSUs are subject to performance criteria, and Jumia may settle them in cash or equity at its discretion.

Available on EDGAR 10/29/2026 - 04:51 PM EDT Accepted by SEC EDGAR 10/29/2026 - 04:50 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Jumia Technologies AG Chief Commercial Officer Hesham Mohamed Fakhry Mahmoud ElGabry reported direct holdings of 77,110 ADSs and VRSUs representing 56,000 and 28,000 ordinary shares; 101 ADSs are held indirectly by his spouse. The 56,000-share VRSUs were granted under the 2023 program and will vest December 9, 2026; the 28,000-share VRSUs were granted under the 2025 program and will vest December 15, 2027. Both grants are subject to performance criteria. Jumia may settle the VRSUs in cash or equity; each VRSU would convert into one ordinary share if settled in equity.

Insider Trade Summary

Holdings reported, no transactions

Holdings

Insider ElGabry Hesham Mohamed Fakhry Mahmoud

Role Chief Commercial Officer

Type	Security	Shares	Price	Value
Holding	Virtual Restricted Stock Units (VRSU) F4, F2	--	--	--
Holding	Virtual Restricted Stock Units (VRSU) F4, F3	--	--	--
Holding	American Depositary Shares (ADS) F1	--	--	--
Holding	American Depositary Shares (ADS) F1	--	--	--

Holdings: Virtual Restricted Stock Units (VRSU) — 84,000 contracts (Direct); American Depositary Shares (ADS) — 77,110 shares (Direct); American Depositary Shares (ADS) — 101 shares (Indirect, By Spouse)

Footnotes (4)

1. F1. Each ADS represents 2 ordinary shares of Jumia Technologies AG.
2. F2. The VRSUs were granted pursuant to the Virtual Restricted Stock Unit Program 2023, are subject to certain performance criteria over the applicable performance period and will vest on December 9, 2026. They do not have an expiration date.
3. F3. The VRSUs were granted pursuant to the Virtual Restricted Stock Unit Program 2025, are subject to certain performance criteria over the applicable performance period and will vest on December 15, 2027. They do not have an expiration date.
4. F4. In the case of VRSUs granted pursuant to the Virtual Restricted Stock Unit Program 2023 and Virtual Restricted Stock Unit Program 2025, subject to certain conditions, each VRSU entitles the holder to receive a cash payment equal to the average of the closing price of the ADSs on the first five trading days after the publication by Jumia Technologies AG of its last quarterly financial results. In each case, Jumia Technologies AG is entitled, at its sole discretion, to settle the VRSUs either in cash or in equity. If the VRSUs are settled in equity, each VRSU would be converted into one ordinary share of Jumia Technologies AG.

Key Figures

Direct ADS holdings: 77,110 ADSs ADSs held indirectly by spouse: 101 ADSs 2023 program VRSUs—underlying ordinary shares: 56,000 shares +1 more

4 metrics

Direct ADS holdings 77,110 ADSs Reported by the Chief Commercial Officer

ADSs held indirectly by spouse 101 ADSs Reported as indirect holdings

2023 program VRSUs—underlying ordinary shares 56,000 shares Will vest December 9, 2026, subject to performance criteria

2025 program VRSUs—underlying ordinary shares 28,000 shares Will vest December 15, 2027, subject to performance criteria

Key Terms

Virtual Restricted Stock Unit Program 2023, performance period, trading days, average of the closing price

4 terms

Virtual Restricted Stock Unit Program 2023 financial

"granted pursuant to the Virtual Restricted Stock Unit Program 2023"

performance period financial

"over the applicable performance period"

The performance period is the specific time span over which an investment’s results, an employee’s targets, or a fund’s returns are measured and judged. It matters to investors because the length and start/end of that window determine which gains or losses count toward performance fees, bonus payouts, or benchmark comparisons—much like timing a race decides who wins, the chosen period can change whether results look strong or weak.

trading days financial

"on the first five trading days"

Trading days are the specific days when a stock exchange is open and buying and selling of securities can occur, excluding weekends and exchange-declared holidays. Investors use trading days to measure performance, calculate settlement deadlines and time-sensitive events—think of them as the business hours calendar for markets, where returns, volumes and deadlines are counted only on days the market is operating.

average of the closing price financial

"equal to the average of the closing price of the ADSs"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many JMIA ADSs did the chief commercial officer report holding?

Hesham Mohamed Fakhry Mahmoud ElGabry reported direct holdings of 77,110 ADSs, and 101 ADSs are listed as indirectly held by his spouse. Each ADS represents two ordinary shares.

When do JMIA's reported VRSUs vest, and how can they be settled?

The VRSUs representing 56,000 ordinary shares under the 2023 program will vest December 9, 2026, and those representing 28,000 ordinary shares under the 2025 program will vest December 15, 2027; both are subject to performance criteria. Jumia may settle them in cash or equity. A cash payment equals the average ADS closing price on the first five trading days after publication of Jumia's last quarterly results; if settled in equity, each VRSU converts into one ordinary share.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

ElGabry Hesham Mohamed Fakhry Mahmoud

(Last) (First) (Middle)

C/O JUMIA TECHNOLOGIES AG

SKALITZER STRASSE 104

(Street)

BERLIN 10997

(City) (State) (Zip)

GERMANY

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
10/19/2026

3. Issuer Name and Ticker or Trading Symbol
Jumia Technologies AG [ JMIA ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Commercial Officer

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
American Depositary Shares (ADS)(1)	77,110	D
American Depositary Shares (ADS)(1)	101	I	By Spouse

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Virtual Restricted Stock Units (VRSU)	(2)	(2)	Ordinary shares	56,000	(4)	D
Virtual Restricted Stock Units (VRSU)	(3)	(3)	Ordinary shares	28,000	(4)	D

Explanation of Responses:

1. Each ADS represents 2 ordinary shares of Jumia Technologies AG.

2. The VRSUs were granted pursuant to the Virtual Restricted Stock Unit Program 2023, are subject to certain performance criteria over the applicable performance period and will vest on December 9, 2026. They do not have an expiration date.

3. The VRSUs were granted pursuant to the Virtual Restricted Stock Unit Program 2025, are subject to certain performance criteria over the applicable performance period and will vest on December 15, 2027. They do not have an expiration date.

4. In the case of VRSUs granted pursuant to the Virtual Restricted Stock Unit Program 2023 and Virtual Restricted Stock Unit Program 2025, subject to certain conditions, each VRSU entitles the holder to receive a cash payment equal to the average of the closing price of the ADSs on the first five trading days after the publication by Jumia Technologies AG of its last quarterly financial results. In each case, Jumia Technologies AG is entitled, at its sole discretion, to settle the VRSUs either in cash or in equity. If the VRSUs are settled in equity, each VRSU would be converted into one ordinary share of Jumia Technologies AG.

Remarks:

Exhibit 24.1 - Power of Attorney

	/s/ Vanessa Connolly, Attorney-in-fact	10/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)