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MEDIA RELEASE                             Issued: 29 August 2024   GCR Ratings (GCR) has upgraded the Namibian national scale long-term issuer ratings for Letshego Holdings Namibia, Letshego Bank Namibia, and Letshego Micro Financial Services Namibia to A+(NA) from A(NA). The short-term issuer ratings of A1(NA) have been affirmed, and the outlook has been revised to Stable.   Karl-Stefan Altmann, Chief Financial Officer at Letshego Namibia, commented: "This upgrade reflects Letshego's enhanced competitive position, solid asset quality, strong capitalisation, and commitment to responsible lending."   Key Drivers of the Upgrade: Social Bond Listing:  Letshego's listing of the first social bond on the Namibian Stock Exchange raised N$322 million, with N$260 million issued in three-year senior unsecured notes. The proceeds will support financial inclusion for underserved communities by funding sectors such as affordable housing, healthcare, and education. Strong Financial Performance:  The Group's asset quality remains robust, with non-performing loans at 5.8% (below the industry average of 6%) and low credit losses at 0.3%. Capitalisation is strong, with a GCR capital ratio of 42.0% as of December 2023. Diversified Growth and Resilience:  Letshego continues to diversify its funding base while maintaining a resilient financial profile. Liquidity remains adequate, with liquid assets covering short-term wholesale funding at 1.3x as of December 2023.   Letshego Holdings Namibia is well-positioned to sustain its growth trajectory and advance financial inclusion and economic development across Namibia.   For media inquiries, please contact: Mrs. Ongame Mutorwa Communications Manager Tel: (+264) 81 255 3658 E-mail: OngameM@Letshego.com

MEDIA RELEASE                               Issued: 28 August 2024   Letshego Holdings Namibia a parent company of Letshego Bank and Letshego Micro Financial Services is pleased to announce its unaudited condensed consolidated interim results for the six months ended 30 June 2024. The Group continues to make significant strides in implementing its ‘6-2-5’ Transformation Strategy, with positive financial performance driven by innovation, customer-centricity, and an expanded product portfolio.   Financial Performance Highlights For the first half of 2024, Letshego recorded robust growth of 14% year-on-year increase in total revenue, primarily driven by a 21% rise in interest income. Net interest income grew by 15% to N$251 million (2023: N$218 million), strengthened by a 3% increase in net advances to customers and strategic repricing of low-interest loans. The Group maintained a healthy net interest margin, which improved from 7% to 8%.   Profit after tax rose by 16% to N$199 million (2023: N$171 million), reflecting the Group's strategic focus on efficiency and product diversification. The cost-to-income ratio remained stable at 45%, while the return on average equity increased to 15% (2023: 12%). Earnings and headline earnings per share improved to 40 cents (2023: 34 cents). The Group remains well-capitalised, with a capital adequacy ratio of 35% (2023: 32%).   Operational Achievements and Strategic Progress The Group has made significant progress in diversifying its funding base, reducing reliance on intercompany and equity funding by expanding its local funding to N$2.8 billion. Additionally, Letshego’s inaugural social listing on the Namibian Stock Exchange (NSX) was met with strong market interest, receiving bids totalling N$322 million and resulting in the issuance of N$260 million in three-year senior unsecured notes. Customer deposits also saw significant growth, reaching N$1.05 billion at the end of June 2024, compared to N$662 million in June 2023.   Dr. Ester Kali, CEO of Letshego Holdings Namibia, emphasised the Group's commitment to maintaining a robust risk management framework, stating, "Letshego Namibia continues to adopt an integrated risk management approach that aligns with both international best practices and local requirements. Recent governance updates include the appointment of new Mansueta-Maria Nakale as Chairperson, Independent Non-Executive Directors to the Board, including Jerome Mutumba, Jaco Esterhuyse and Non-Executive Director, Richard Ochieng, strengthening oversight and strategic guidance." Shareholder Value The Group declared a dividend of 39.89 cents per ordinary share for the period, following a dividend payment of N$181.9 million (36.38 cents per share) during the June 2024 period.   Positive Economic Outlook Letshego is well-positioned to capitalise on opportunities in the current economic environment. The focus remains on leveraging technology, nurturing partnerships, and embracing agility to navigate the evolving financial landscape and create long-term value for stakeholders.   About Letshego Holdings Namibia Letshego Holdings Namibia (LHN) is one of the leading financial services providers in Namibia, offering a range of innovative financial solutions, including microfinance, and competitive banking services. With a strong focus on financial inclusion, Letshego is committed to empowering individuals and businesses through accessible and customer-centric financial services. For media inquiries, please contact: Mrs. Ongame Mutorwa Communications Manager Tel: (+264) 81 255 3658 E-mail: OngameM@Letshego.com

MEDIA RELEASE                               Issued: 23 August 2024   In response to the recent decrease in prime lending rates, Letshego Bank Namibia and Letshego Micro Financial Services Namibia, subsidiaries of Letshego Holdings Namibia, have announced a reduction in their lending rates. The new rates will take effect from 22 August 2024.   Letshego Bank Prime rates reduce from 11,5% to 11,25% Home loan rates reduce from 12,5% to 12,25%   Letshego Micro Financial Services Namibia The Unsecured Deduction at Source Loan rate for both government and non-government employees has been reduced to 22.5%. This fixed rate applies to the entire borrowing period, it’s inclusive of the credit life insurance and all related administration fees.  The new rates is only available for new loan contracts.   For media inquiries, please contact: Mrs. Ongame Mutorwa Communications Manager Tel: (+264) 81 255 3658 E-mail: OngameM@Letshego.com

MEDIA RELEASE                               Issued: 23 August 2024 As Namibia prepares to commemorate Heroes Day on 26 August, under the theme “Honouring Our Martyrs: Heroes and Heroines,” Letshego Holdings Namibia proudly reflects on the unity and freedom secured by our nation’s heroes. The 26 August serves as a reminder of the sacrifices made for our independence and the rich diversity that defines our nation.   At Letshego, diversity is a foundational pillar of the organisational culture and key to its success.   Kingsley Guiseb, Head of People and Culture at Letshego Namibia, highlighted the critical role diversity plays in driving the organisation forward: “The uniqueness of our people fuels creativity and innovation, allowing us to serve our microlending and banking customers better, with inclusive financial solutions. Our differences are not just acknowledged but celebrated as the very source of our strength and a crucial factor in our business growth," said Kingsley.   Letshego Namibia remains steadfast in exemplifying its core organisational values of Ubuntu, ownership, diversity, and forward-thinking. These principles shape the culture of unity and excellence, guiding the organisation to continue honouring the legacy of our nation’s heroes by fostering a workplace that reflects the true spirit of Namibia.   For media inquiries, please contact: Mrs. Ongame Mutorwa Communications Manager Tel: (+264) 81 255 3658 E-mail: OngameM@Letshego.com

MEDIA RELEASE                             Issued: 22 August 2024   Letshego Holdings Namibia and Financial Literacy Initiative (FLI) are set to make a significant impact at the 2024 Ongwediva Annual Trade Fair (OATF) by offering free financial literacy sessions to the public. From 24-29 August 2024, visitors to the Letshego stand will have an opportunity to learn practical money management skills, explore various financial products, and gain insights into achieving financial goals.   Recognising the importance of financial education, Letshego is committed to empowering individuals and micro-small business owners in the Northern Region. By offering free financial literacy sessions, the company aims to equip community members with the knowledge and tools needed to make informed financial decisions to enhance their financial status.   In addition to financial literacy, Letshego will showcase its diverse range of products and services, including home loans, money market accounts, and microfinance solutions tailored to meet the needs of both individuals and micro-small businesses. Visitors can engage with financial experts, receive personalised advice, and learn how to make the most of their financial resources.   “We believe that financial literacy is the key to unlocking economic potential,” said Dr. Ester Kali, CEO of Letshego Holdings Namibia. “By participating in OATF, we aim to create a positive impact in the lives of our customers and the community at large.”   Letshego and FLI invite everyone to visit its stand at the Ongwediva Annual Trade Fair to experience the power of financial knowledge firsthand.   Herewith the Financial Literacy Session Schedule: Date 1 st Session 12:00 – 13:00 2 nd Session: 13:00-14:00 24 August 2024 Financial Planning: Building a Brighter Future, One Step at a Time Spend Smart, Live Well   25 August 2024 Budgeting Basics for Households Why Saving Matters: The Benefits of Financial Security 26 August 2024 The Benefits of Using a Bank Account to manage your Finances   Effective Strategies for Breaking Free from Debt 27 August 2024 What You Should Know About Home Loans and Repayment Using Debt as a Tool to Generate Income  28 August 2024 Turn  Your Passion into Profit   Grow your passion into a business with Effective Bookkeeping 29 August 2024 Practical guidelines for raising financially responsible kids Understanding Taxes and your Obligations   For media inquiries, please contact: Mrs. Ongame Mutorwa Communications Manager Tel: (+264) 81 255 3658 E-mail: OngameM@Letshego.com

MEDIA RELEASE                             Issued: 16 August 2024   A seasoned IT expert, Rushabdha Nepolo, has joined Letshego Holdings Namibia as its IT Manager for Infrastructure and Operations. With a proven track record, Nepolo brings a wealth of experience poised to lead IT infrastructure transformation at Letshego, having previously excelled as a Senior Infrastructure Engineer at a leading American firm.    She holds a Bachelor's of Engineering in Electronics and Telecommunications and a Postgraduate Diploma in IT Infrastructure. Nepolo brings a strong academic foundation to her role. Her experience in establishing new Linux infrastructures and deploying monitoring tools across international domains makes her an invaluable asset to Letshego.   "My passion for technology and my belief in continuous learning will drive my efforts to create a strong and secure IT environment that supports our banking operations. I look forward to contributing to an innovative and efficient infrastructure that meets Letshego’s compliance needs while ensuring reliable service for our customers." Says Nepolo.   Nepolo’s appointment underscores Letshego Holdings Namibia's dedication to operational excellence and customer satisfaction through technological advancement.   For media inquiries, please contact: Mrs. Ongame Mutorwa Communications Manager Tel: (+264) 81 255 3658 E-mail: OngameM@Letshego.com

MEDIA RELEASE                             Issued: 15 August 2024 With over 14 years of experience in the IT industry and 7 years in the banking sector, Steve Makuchete has been appointed as the Head of Channels and Payments at Letshego Holdings Namibia. In this role, Makuchete will lead the development and implementation of Letshego’s channels and payments strategy, focused on enhancing the digital banking experience for its customers across Namibia.   “I am excited to join Letshego Namibia and apply my experience in digital transformation to further elevate our banking services,” said Makuchete. “My goal is to leverage digital solutions to make banking more accessible and convenient for our customers while streamlining our internal processes.”   Makuchete holds a Bachelor of Science in Computer Information Systems and a postgraduate degree in Information Systems Audit from the Namibian University of Science and Technology. He brings extensive expertise in digital transformation, IT consultancy, and business analysis. His previous achievements include leading key initiatives, such as the successful deployment of an enhanced electronic funds transfer system.   As the new Head of Channels and Payments, Makuchete aims to strengthen Letshego’s core banking systems, enhance customer experiences, and contribute to greater operational efficiency.   Letshego Namibia is a leading financial services provider, offering a range of micro-lending and banking services through its network of 17 branches nationwide.   For media inquiries, please contact: Mrs. Ongame Mutorwa Communications Manager Tel: (+264) 81 255 3658 E-mail: OngameM@Letshego.com

MEDIA RELEASE                             Issued: 31 July 2024   Letshego Holdings Namibia is pleased to announce the appointment of Fatima Fernandes as its Legal Advisor.  A strategic move that underscores the company's commitment to strengthening its legal frameworks and ensuring the stability and growth of its operations.   "I have always been drawn to the dynamic environment of banking. Joining Letshego, an organisation rapidly establishing its footprint in the market, is both exciting and challenging. This opportunity allows me to contribute to and be part of the company’s growth," says Fernandes.   In her new role, Fernandes aims to ensure that all legal aspects of the company’s operations are sound and aligned with its strategic goals. "I am excited to leverage my experience to strengthen our legal practices and contribute to Letshego Holdings Namibia's success," she adds.   Fernandes holds a Bachelor of Law degree (Honours) from the University of Namibia and is an admitted legal practitioner of the High and Supreme Court of the Republic of Namibia. She brings valuable experience from her previous roles as an Associate at Shikongo Law Chambers and as a Junior Legal Advisor at United Africa Group (Pty) Ltd, where she developed a keen interest in corporate law.   Her appointment underscores Letshego Holdings Namibia's commitment to ensuring robust legal compliance across its operations, further cementing its position as one of the leading financial services providers in the market.   For media inquiries, please contact: Mrs. Ongame Mutorwa Communications Manager Tel: (+264) 81 255 3658 E-mail: OngameM@Letshego.com

MEDIA RELEASE                             Issued: 25 July 2024 Unlocking home ownership dreams one loan at a time, Letshego Bank Namibia is delighted to announce the appointment of Denver Beukes as its new Home Loans Manager. Beukes, a mortgage lending specialist with over 15 years of industry experience, joins Letshego Bank from 2020 Financial Solutions.   This strategic appointment enhances Letshego Bank’s position in the mortgage lending industry, reinforcing its commitment to improving customer service. Beukes will manage the Home Loans department with a focus on growth and adding value to customers.   "I am excited to join Letshego Bank and be part of the journey to facilitate financial inclusion, enabling more Namibians to acquire homes and contributing to improved living standards in our country. My extensive experience in mortgage lending, combined with the housing solutions offered by Letshego Bank, will empower customers to build wealth through property ownership and provide leadership and guidance to the Home Loan team," said Denver.   Beukes holds a Bachelor of Commerce in Law degree from Stadio Namibia and a National Diploma in Marketing and Sales Management from the Namibian University of Science and Technology. He is passionate about empowering and educating customers to make informed decisions on mortgage lending.   When he is not working, Beukes enjoys spending time with his family and engaging in outdoor activities such as hiking and jogging.   As a subsidiary of Letshego Holdings Namibia, Letshego Bank Namibia offers a range of banking services, including transactional accounts, savings accounts, overdrafts, and loan facilities, through its network of 17 branches across the country.   For media inquiries, please contact: Mrs. Ongame Mutorwa Communications Manager Tel: (+264) 81 255 3658 E-mail: OngameM@Letshego.com

MEDIA RELEASE                             Issued: 12 July 2024   In a financial industry where customer needs evolve and a seamless customer journey is paramount, Letshego Holdings Namibia is pleased to welcome João Bismarck as its new Customer Experience Manager. Bismarck is a dynamic individual who stays abreast of recent news and industry trends. He enjoys challenges that require creative thinking and constant stimulation. In his spare time, Bismarck likes to spend time with his closest friends and family.   Bismarck brings over ten years of experience working in Namibia, having held various roles in the diplomatic, private, and non-governmental sectors. In these positions, he engaged with multiple stakeholders and interacted with customers from diverse backgrounds. He has a rich background in business development, advisory services, and a passion for promoting financial inclusion.   In his new role at Letshego Namibia Group, Bismarck aims to influence the way the company engages with its customers to provide exceptional service and experience that aligns with the Group’s values. “I am excited to join Letshego Holdings Namibia and contribute to the organisation’s mission of improving lives,” says Bismarck. “In a competitive industry, customer experience is the magnet attracting customers to a brand. It characterises the business, and I believe that every person at Letshego should be a customer experience custodian. I am committed to collaborating with the team to deliver the best experiences for our customers,” Bismarck emphasised.   Letshego Holdings Namibia is a leading financial service provider that promotes financial inclusion through diversified solutions and targeted financial education initiatives. By expanding the workforce, Letshego Holdings Namibia aims to improve and enhance its operational efficiency. This expanded workforce is a catalyst, propelling Letshego to deliver a robust customer experience and accentuate the value of financial inclusion.   For media inquiries, please contact: Mrs. Ongame Mutorwa Communications Manager Tel: (+264) 81 255 3658 E-mail: OngameM@Letshego.com

MEDIA RELEASE                             Issued: 11 July 2024   Letshego Holdings Namibia is pleased to announce the appointment of Tatenda Malunga as its new Digital Transformation and Business Support Manager. With over ten years of experience in IT consulting across sectors like government, energy, finance, state-owned enterprises, and tourism, Malunga brings extensive expertise in digital transformation strategies, IT consultancy, and business analysis.  In her spare time, Malunga enjoys playing club volleyball and running her own jewelry business.   Malunga has a Bachelor's degree in Business Computing (Honors) and a Master's Degree in Informatics: Business Analysis from the Namibian University of Science and Technology. Her passion for technology and finance is an anchor to her commitment to implementing digital solutions that benefit both the business and its customers.   "I am thrilled to contribute my skills and experience to drive digital transformation and enhance our business processes at Letshego Holdings Namibia," says Malunga. "My goal is to leverage digital solutions to make banking easier and more convenient for our customers and employees."   Her appointment underscores Letshego Namibia Group’s dedication to its digital transformation strategy, which aims to optimise internal processes and implement innovative solutions to enhance customer experience.   Letshego Holdings Namibia is one of the leading financial services provider in Namibia, offering a range of micro-lending and banking services through its network of 17 branches across the country.   For media inquiries, please contact: Mrs. Ongame Mutorwa Communications Manager Tel: (+264) 81 255 3658 E-mail: OngameM@Letshego.com

MEDIA RELEASE                             Issued: 5 July 2024 Letshego Holdings Namibia is pleased to sponsor the Swakopmund International Trade Expo (SWAITEX) with a contribution of N$100,000, supporting the theme "Promoting Efficient Connectivity and Resource Beneficiation for Sustainable Growth in Africa." As an organisation dedicated to improving the livelihoods of Namibians, we are committed to investing in initiatives that foster connections, drive economic development, and promote sustainable growth in Namibia and across the African region.   In the photo:  The esteemed Presidents of Namibia and Botswana. H.E. Dr. Nangolo Mbumba and H.E. Dr. Mokgweetsi Masisi graced the event and visited Letshego Holdings Namibia’s stall at the Expo.   In the middle, Letshego Namibia’s CEO, Dr. Ester Kail, proudly welcomed the leaders, highlighting our commitment to financial inclusion and community empowerment. For media inquiries, please contact: Mrs. Ongame Mutorwa Communications Manager Tel: (+264) 81 255 3658 E-mail: OngameM@Letshego.com