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Title: TRUSTCO CLOSES ADR CHAPTER AND CLEARS PATH TO US LISTING

Windhoek, Khomas, Namibia, 20th Feb 2026 - Trustco Group Holdings Limited (“Trustco”) is ending its American Depositary Receipt (“ADR”) programme with the Bank of New York Mellon, effective on or about 23 March 2026. The two parties agreed to wind down the programme under the terms of their existing agreement. In plain terms, an ADR is a certificate that allows a foreign company’s shares to trade in the United States. Trustco launched its ADR programme in 2014 and in 2019 became one of the first Namibian companies to trade on a US securities platform — the OTCQX Best Market."We built our ADR programme from nothing in 2014, when most international investors couldn't point to Namibia on a map. That programme opened the door, together with a 12-year partnership with Bank of New York Mellon, who held our hand from inception to now. But Namibia's story has changed, and so has Trustco's," said Dr Quinton van Rooyen, Trustco's CEO.Dr Quinton van Rooyen, Trustco's CEO."International investor interest in Namibia has surged over the past five years as major offshore energy discoveries and a growing pipeline of infrastructure, mining, property and financial services projects draw global capital into the country. Trustco's own shareholder base has shifted with it, with a growing proportion now US-based. Trustco has previously announced its intention to pursue a direct listing on a US stock exchange. This strategy has not changed," van Rooyen concluded.ADR holders have until at least 26 March 2027 to convert their ADRs into the underlying ordinary shares, which can then be transferred to a South African or Namibian brokerage account.About Trustco:Trustco Group Holdings Limited is a holding company headquartered in Windhoek, Namibia, that owns subsidiaries engaged in diverse business...

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