TRUSTCO GROUP HOLDINGS LIMITED - Renewal of Cautionary Announcement

Renewal of Cautionary Announcement

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)
JSE share code: TTO
NSX share code: TUC
OTCQX share code: TSCHY
ISIN Number: NA000A0RF067
("Trustco" or "Company")


Renewal Of Cautionary Announcement



1.   Introduction

1.1 Shareholders are referred to the announcements published on SENS dated 20 January,
     3 February, 10 March, 25 April and 10 June 2025 concerning the Board of Directors'
     decision to delist the Company from the Johannesburg Stock Exchange ("JSE"), the
     Namibian Stock Exchange ("NSX"), and the OTCQX Market in the United States
     ("OTCQX").

1.2 The wording referenced in the aforementioned SENS announcements applies.


2.   Renewal of Cautionary

2.1 The Company is working towards the subsequent steps pertaining to the delisting
     process and will issue further updates upon its finalisation.

2.2 Shareholders are advised to exercise caution when dealing in the Company's
     securities until a full delisting announcement is made. Any questions can
     be sent via email to the company secretary at komada@tgh.na.


3.   Update on Contact Details of Shareholders

     Shareholders are reminded to update their contact information through the Company's
     dedicated shareholder contact form at https://www.tgh.na/shareholder-contact-form/ in
     order to facilitate effective communication post-delisting.


4.   Update on progress of the publication of the financial statements

     In terms of the JSE listing requirements, section 3.87(a) as amended in December
     2023, Trustco is required to appoint an auditor who is registered with its regulator in
     the country of incorporation.

     Shareholders are further referred to the announcement released on SENS on 7 July
     2025, where it was advised that Trustco submitted a request to the JSE for a ruling to
     waive the obligations set out in section 3.87 prior to the release of its annual financial
     statements. Trustco engaged with the JSE regarding the ruling, where the JSE
     indicated that having Nexia SAB&T co-signing the audit would be sufficient. Thus,
     Trustco has approached the independent Namibian audit regulator to obtain approval
     that Trustco's Namibian auditors, together with Nexia SAB&T may audit and co-sign
     the independent audit report for August 2024.

     While awaiting the above approval, the component audits of the regulated and major
     subsidiaries and investee entities have progressed well, which is an important part of
     the completion of the Group Audit and annual financial statements to be published.
     Specific timelines to the market will be provided as soon as practical to do so.



Windhoek, Namibia,
23 July 2025

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: 23-07-2025 03:10:00
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