Update On the publication of the Annual Financial Statements ("AFS") of Trustco 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”) UPDATE ON THE PUBLICATION OF THE ANNUAL FINANCIAL STATEMENTS ("AFS") OF TRUSTCO Shareholders are referred to the announcement published on SENS on 23 January 2023 in terms whereof it was advised that Trustco anticipates publishing its restated AFS by 31 January 2023. Trustco's auditors are in the final stages of completing their audit and internal quality assurance processes. Trustco would publish the trading statement and restated AFS at the first available time and the market would be updated accordingly. Trustco wishes to apologise to its shareholders for any inconvenience caused and shareholders are welcome to contact the company secretary for more information at komada@tgh.na. Windhoek, Namibia, 31 January 2023 Komada Holdings (Pty) Ltd Company Secretary and Investor Relations Services to Trustco Group Holdings Limited JSE Sponsor Vunani Sponsors NSX Sponsor Simonis Storm Securities Proprietary Limited – Windhoek OTCQX Sponsor J.P Galda & Co – New York Date: 31-01-2023 05:29:00 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.