TRUSTCO: A BRIEF OVERVIEW 2019 DISCLAIMER The information - - PowerPoint PPT Presentation

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TRUSTCO: A BRIEF OVERVIEW 2019 DISCLAIMER The information - - PowerPoint PPT Presentation

TRUSTCO: A BRIEF OVERVIEW 2019 DISCLAIMER The information contained in this presentation (the information) is confidential and is proprietary to Trustco Group Holdings Ltd, its subsidiary companies and/or its affiliate companies (collectively


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SLIDE 1

TRUSTCO: A BRIEF OVERVIEW

2019

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SLIDE 2

DISCLAIMER

The information contained in this presentation (the information) is confidential and is proprietary to Trustco Group Holdings Ltd, its subsidiary companies and/or its affiliate companies (collectively “Trustco”). This presentation is made on the condition that the receiving party maintain and uphold the confidentiality and the proprietary nature of the information and irrevocably agree that you:

  • Will not copy or disclose the information to any person not present at this presentation;
  • Acknowledge that the information constitutes intellectual property of Trustco;
  • Will not use the information in any way that is directly or indirectly detrimental to the business of Trustco, in

competition with Trustco, commercially or otherwise, or to obtain any commercial advantage over Trustco;

  • Will exercise all reasonable standards of care in protecting the information, no less than you customarily use in

preserving and safeguarding your own confidential information. Reasonable care in the preparation of this presentation has been taken by Trustco not to include any non-public price-sensitive information. If any such information is detected, Trustco must be advised immediately and the user

  • f the presentation may not trade in any equities of Trustco until such information has been released via SENS by

Trustco.

TRUSTCO GROUP HOLDINGS LIMITED 2

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SLIDE 3

JUST THE FACTS

  • Trustco Group is a listed family-owned business, managed by first- and

second-generation family members, that aligns its values with those of minority shareholders

  • Its compound annual growth rate in shareholder equity over the last 25

years is 49%

  • One of the Top 10 performing companies on the Johannesburg Stock

Exchange for the last 4 years

  • Been in the top 2 positions of the Deloitte “Best Company To Work For”

survey for the fourth consecutive year, and is recognised as one of the top 10 private employers in Namibia

  • Over 1000 staff – all shareholders
  • Largest

Namibian corporate by market cap (USD 1.1 Billion) (Dec 2018)

  • Net Profit Margin averaged to 30+% over the last 10 years
  • World-class assets
  • Presence in four African countries

TRUSTCO GROUP HOLDINGS LIMITED 3

Notable Investments include:

  • The most profitable insurer in

Namibia (80% shareholding)

  • The largest distance learning

institution in Namibia by students

(100% shareholding)

  • The largest private landowner in the

country (80% shareholding)

  • The most influential media source for

Namibia by social media followers

(100% shareholding)

  • Ultra high-yielding carat per tonne

diamond mining operations (100% in

Holdco, 65% in Sub)

  • One of eight commercial banks in

Namibia (100% shareholding)

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SLIDE 4

FINANCIAL REVIEW

18 22 30 38 20 52 30% 30% 37% 42% 34% 49% 60 73 82 89 57 106

25 50 75 100 125 2014 2015 2016 2017 2018 2019 USD Millions Net Profit After Tax Profit Margin Revenue

TRUSTCO GROUP HOLDINGS LIMITED 4

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SLIDE 5

A GROWING TRACK RECORD

200 400 600 800 1000 1200 1400 1600 TTO NASDAQ JSE All Share

⏺⏺

TRUSTCO GROUP HOLDINGS LIMITED 5

⏺ USD 195 Million Equity Raised ⏺ USD 225 Million Debt Raised

(IFC, DEG and 20 other DFI’s and international banks)

⏺ USD 365 Million - 14 Corporate acquisitions

⏺ ⏺ ⏺ ⏺ ⏺ ⏺ ⏺ ⏺ ⏺ ⏺ ⏺ ⏺ ⏺ ⏺ ⏺ ⏺ ⏺ ⏺ ⏺ ⏺ ⏺ ⏺ ⏺ ⏺ ⏺ ⏺ ⏺ ⏺

// //

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SLIDE 6

ACQUISITION PIPELINE

TRUSTCO GROUP HOLDINGS LIMITED 6

Resources

Acquisition of Diamond-producing asset (USD 120 million revenue, USD 50 million profit after tax)

Insurance

Acquisition of South African insurance asset (USD 70 million revenue, USD 25 million profit after tax)

Banking & Finance

Acquisition of 35% stake in emerging market banking group (USD 65 million revenue, USD 27 million profit after tax)

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SLIDE 7

CONTACT US

Management is ready to answer any questions. Contact: Floors Abrahams (FloorsA@tgh.na) Jan Joubert (Jan.Joubert@tgh.na) Quinton Z van Rooyen (QZVR@tgh.na) Quinton van Rooyen (QVR@tgh.na) Otherwise, please consult our results as published on our website: www.tgh.na

TRUSTCO GROUP HOLDINGS LIMITED 7