Results of Annual General Meeting 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 ISIN Number: NA000A0RF067 (“Trustco” or “the Company”) RESULTS OF ANNUAL GENERAL MEETING The board of directors of Trustco advises that at the Annual General Meeting of shareholders held on 20 September 2018 (“AGM”), all the resolutions, as set out in the Integrated Annual Report posted to shareholders on 30 July 2018, were duly approved by the requisite majority of shareholders present and voting. Shareholders are advised that: - there were 827 142 090 shares in issue as at the date of the AGM; - the total number of shares that were present in person/represented by proxy at the AGM was 737 602 147 shares being 89.17% of the total number of shares in issue and 94.31% net of treasury shares. - Abstentions are represented below as a percentage of total number of shares in issue while the shares voted for and against are represented below as a percentage of the shares voted. Resolution Shares voted Shares voted Shares for against abstained Ordinary Business 1 Presentation and approval of annual 737 588 477 0 13 670 financial statements and reports for financial year ended 31 March 2018 100% 0% 0% 2 2.1) To determine that the company may 737 588 477 0 13 670 appoint a maximum number of 12 100% 0% 0% directors 2.2) to re-appoint advocate Raymond 737 588 477 0 13 670 Heathcote, SC as non-executive director 100% 0% 0% 2.2) to re-appoint Mr Renier Taljaard as 737 588 477 0 13 670 non-executive director 100% 0% 0% 2.4) to appoint Professor Lana Weldon as 737 588 477 0 13 670 non-executive director 100% 0% 0% 2.5) to appoint Ms Kristin van Niekerk as 737 588 477 0 13 670 non-executive director 100% 0% 0% 3 To re-appoint Moore Stephens and BDO 727 075 755 10 512 722 13 670 Namibia as independent group external 98.57% 1.43% 0% auditors 4 4.1) Non-binding advisory endorsement of 729 287 793 8 300 684 13 670 the company’s remuneration policy 98.87% 1.13% 0% 4.2) Non-binding advisory endorsement of 730 099 561 7 488 916 13 670 the company’s remuneration implementation 98.98% 1.02% 0% policy 5 To approve the remuneration of the non- 737 473 467 115 010 13 670 executive directors 99.98% 0.02% 0% 6 General authority to issue shares for cash 727 472 164 10 116 313 13 670 98.63% 1.37% 0% 8 Directors authority to sign documentation 735 125 049 2 463 428 13 670 99.66% 0.33% 0% Special Business Shares voted Shares voted Shares for against abstained 7 General authority to repurchase shares 736 612 740 975 737 13 670 99.87% 0.13% 0% 20 September 2018 Amanda Bruyns Company Secretary Trustco Group Holdings Limited Windhoek JSE Sponsor Vunani Corporate Finance NSX Sponsor Simonis Storm Securities Proprietary Limited Date: 20/09/2018 02:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.