Extension of Time For 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 OTCQX share code: TSCHY ISIN Number: NA000A0RF067 (“Trustco” or “the Company”) EXTENSION OF TIME FOR ANNUAL GENERAL MEETING Trustco shareholders (“Shareholders”) are referred to the previous Annual General Meeting (“AGM”) held on 12 September 2019, which outcome was also published on SENS on even date. Shareholders are advised that in terms of Section 187 (1) (c) of the Namibian Companies Act (“the Act”), the Company is required to have its next AGM within 15 (fifteen) months from the preceding AGM. Shareholders are referred to the SENS announcement dated 31 March 2020 in terms whereof Shareholders was advised that the Company changed its financial year end from 31 March to 30 September. With the change in the financial year, the Annual Financial Statements (“AFS”) would only be completed and distributed to Shareholders after the 15 (fifteen) month period. As provided for in the Act, the Company submitted an application to the Business and Intellectual Property Authority (“BIPA”) for an extension of time to have its AGM, which was subsequently approved. The AGM is now required to be held on or before 31 March 2021 where the AFS would be tabled, amongst other agenda items, to be approved by Shareholders. Windhoek, Namibia, 2 December 2020 Komada Holdings (Pty) Ltd Company Secretary and Investor Relations Services to Trustco Group Holdings Limited JSE Sponsor Vunani Corporate Finance - Johannesburg NSX Sponsor Simonis Storm Securities Proprietary Limited – Windhoek OTCQX Sponsor J.P Galda & Co – New York Date: 02-12-2020 01:31:00 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.