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) NSX share code: TUC JSE share code: TTO OTCQX share code: TSCHY ISIN Number: NA000A0RF067 (“Trustco” or “the Group”) RENEWAL OF CAUTIONARY ANNOUNCEMENT Shareholders are referred to the cautionary announcement dated 11 October 2021 and the subsequent renewals of such cautionary announcement regarding the agreement (“Management Agreement”) entered into between Next Capital Ltd (“Next”) and Trustco in terms of which Next has been appointed to provide the management services to Trustco, for which Next shall earn a fee from Trustco for the provision of such services (“Management Fee”). Shareholders are advised that as certain of the information as set out in paragraph 11.20 of the Listings Requirements has not been disseminated, shareholders are accordingly advised to continue to exercise caution when dealing in Trustco securities until all the information required to be disseminated as per paragraph 11.20 of the Listings Requirements has been published on SENS. Windhoek, Namibia, 11 May 2022 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: 11-05-2022 01:00:00 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.