Cautionary Announcement Renewal: Trustco Group Holdings Limited ("Trustco") Transactions In Progress 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 "the Company") CAUTIONARY ANNOUNCEMENT RENEWAL: TRUSTCO GROUP HOLDINGS LIMITED ("TRUSTCO") TRANSACTIONS IN PROGRESS 1. Trustco Shareholders ("Shareholders") are referred to the cautionary announcements released on SENS on 16 January 2024 and 27 February 2024 respectively, regarding the Company's processes of concluding pivotal transactions with key shareholders. 2. Shareholders are also referred to the announcement released on SENS on 2 April 2024 regarding the postponement of the repayment towards Next. Capital (Pty) Ltd ("Next"). 3. The anticipated transactions as described in the beforementioned SENS announcements are in the final stages of being submitted to board for consideration and approvals, whereby the necessary announcements will be made. 4. If negotiations are successfully concluded, these Transactions might have a material effect on the price of the Company's securities. Shareholders are hereby advised that the Company is in the process of finalising the terms of the Transactions. 5. Accordingly, Shareholders are advised to continue to exercise caution when dealing in the Company's securities until a further detailed announcement regarding the agreed terms of the Transactions is made. Any questions can be sent via email to the company secretary at komada@tgh.na. Windhoek, Namibia, 15 April 2024 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: 15-04-2024 03:48:00 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.