TRUSTCO GROUP HOLDINGS LIMITED - No Change Statement, Posting of Integrated Annual Report and Notice of the Annual General Meeting (AGM)

No Change Statement, Posting of Integrated Annual Report and Notice of the Annual General Meeting (“AGM”)

TRUSTCO GROUP HOLDINGS LIMITED
Incorporated in the Republic of Namibia
(Registration number 2003/058)
Registered as an external company in South Africa
(External registration number 2009/002634/10)
NSX share code: TUC
JSE share code: TTO
OTCQX share code: TSCHY
ISIN Number: NA000A0RF067
(“Trustco” or “the Group”)

No Change Statement, Posting of Integrated Annual Report and Notice of the Annual General
Meeting (“AGM”)

1.    Introduction

Trustco shareholders (“Shareholders”) are advised that the Company’s integrated annual report,
incorporating the audited consolidated financial statements for the 18-month period ended 30
September 2020 and the notice of the annual general meeting (“AGM”) of the Company has been
published today and will be distributed to Shareholders from 26 February 2021.

The integrated annual report, audited consolidated financial statements and notice of the AGM are
also available on the Company’s website at https:// www.tgh.na/investors/results-centre/ and
contains no material changes from the reviewed provisional consolidated results for the 18 months
ended 30 September 2020 which were released on SENS on 29 January 2021.

Certain line items in the cash flow statement as published on 29 January 2021 have been changed as
a result of reclassifications which were done to improve disclosures in the AFS. There was no change
in the net change in cash and cash equivalents for the 18 month period and therefore the
reclassifications are not considered material changes.

Copies may also be obtained electronically from the company secretary by sending an email to
komada@tgh.na.

The Company wishes to advise Shareholders that the Company’s auditors Nexia SAB&T Chartered
Accountants Incorporated, issued an unmodified audit opinion containing an emphasis of matter
relating to the ongoing JSE proactive monitoring process and Helios Oryx Limited. Shareholders are
referred to note 14 and note 15 (page 88 and 89 of the Integrated Annual Report).

2.    Notice of Annual General Meeting

Notice is hereby given that the AGM of Shareholders of the Company in respect of the financial year
ended 30 September 2020 will be held at Trustco House, 2 Keller Street, Windhoek and conducted by
way of and will be accessible to shareholders through electronic communication on Thursday 29 April
2021 at 10H00.

A shareholder, representative, or proxy for a shareholder who wishes to participate in the AGM via
electronic communication (“Participants”), should apply in writing to the group’s company secretary,
by posting the application or via email to komada@tgh.na at least seven (7) business days prior to the
AGM to arrange for Shareholder (or representative or proxy) to provide reasonable satisfactory
identification to the company secretary with details on how to access the AGM by means of electronic
participation.

The record date for the purposes of determining which Shareholders of the Company are entitled to
participate in and vote at the AGM is Friday, 23 April 2021. Accordingly, the last day to trade Trustco
shares in order to be recorded in either the South African or Namibian register to be entitled to vote
at the AGM will be Tuesday, 20 April 2021.

Proxy forms for Namibian Shareholders should be lodged with the Namibian transfer secretary being
Namibia Transfer Secretaries (Pty) Ltd at 4 Robert Mugabe Avenue Windhoek Namibia or posted to
PO Box 2401 Windhoek Namibia.

Proxy forms for South African Shareholders should be lodged with the South African transfer secretary
being Computershare Investor Services (Pty) Ltd at Rosebank Towers 15 Biermann Ave Rosebank,
South Africa or posted to Po Box 61051 Marshalltown 2107 South Africa.

Proxy forms must be received by either the Namibian Transfer Secretary or the South African Transfer
Secretary no later than 10h00 on Monday, 26 April 2021 provided that any form of proxy not delivered
t0 either transfer secretary by this time may be handed to the chairman of the AGM prior to the
commencement of the AGM, at any time before the appointed proxy exercises any Shareholder rights
at the AGM.

By order of the Board.

Windhoek, Namibia,
26 February 2021

Komada Holdings (Pty) Ltd
Company Secretary and Investor Relations Services to Trustco Group Holdings Limited

JSE Sponsor
Vunani Sponsors – Johannesburg

NSX Sponsor
Simonis Storm Securities Proprietary Limited – Windhoek

OTCQX Sponsor
J.P Galda & Co – New York

Date: 26-02-2021 04:00:00
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