Cautionary Announcement: Meya Mining Mauritius ("Meya Mining") Valuation 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") CAUTIONARY ANNOUNCEMENT: MEYA MINING MAURITIUS ("MEYA MINING") VALUATION. Trustco Shareholders ("shareholders") are referred to the announcement published on SENS dated 27 July 2023. In the announcement, shareholders were informed about the Transaction through which Sterling Global Trading ("SGT") would become a 70% shareholder in Meya Mining. The terms mentioned in the aforementioned SENS announcement still apply. The circular containing the full details of the Transaction has not been issued yet and the process remains ongoing. This cautionary announcement pertains to the valuation of the Meya Mining resource. Should the information become public, it may have a material effect on the price of the Company's securities. Accordingly, Shareholders are advised to exercise caution when dealing in the Company's securities until a further announcement regarding Meya Mining is made. Any questions can be sent via email to the company secretary at komada@tgh.na. Windhoek, Namibia, 30 May 2024 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: 30-05-2024 03:00:00 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.