TRUSTCO GROUP HOLDINGS LIMITED - Changes to the board

Changes to the board

TRUSTCO GROUP HOLDINGS LIMITED
Incorporated in the Republic of Namibia
Registration number 2003/058
NSX Share Code: TUC
JSE Share Code: TTO
ISIN Number: NA000A0RF067
(“Trustco” or “the Company” or “the Group”)

CHANGES TO THE BOARD – RESIGNATION AND APPOINTMENT OF DIRECTORS

In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, the Company wishes to make
the following announcement:

    -   Ms Marizanne van Niekerk has resigned as the financial director with immediate effect as from today,
        5 April 2017. Her resignation as financial director of Trustco also coincides with her resignation from
        other board memberships within the Trustco Group.

    -   The Trustco Board accepts her resignation and wishes to thank Ms Van Niekerk for her valuable
        contribution during her tenure as part of management and as the financial director; and

    -   Mr Floors Abrahams, currently appointed as an executive director and Group Head: Treasury, will be
        appointed as the Group financial director with immediate effect from 5 April 2017.

    -   Mr Abrahams has been with Trustco since 2000. Mr Abrahams was appointed as financial director in
        2004 and assumed the role of Group Head: Treasury in 2013 to date. He has held the position as
        executive director of Trustco since 2006.

Windhoek
5 April 2017

Company Secretary
Amanda Bruyns

JSE Sponsor
Sasfin Capital (a division of Sasfin Bank Limited)

NSX Sponsor
Simonis Storm Securities (Pty) Ltd

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