Letshego Holdings Limited | Notice to All Shareholders – Resignation of Director

Letshego Holdings Limited (“LHL” | “the Group” | “Letshego”) was incorporated in 1998, is headquartered in Gaborone and has been publicly listed on the Botswana Stock Exchange (BSE) since 2002. Letshego is an inclusive finance focused Group with microfinance banking and consumer lending subsidiaries across eleven countries in sub-Saharan Africa.

The Board of the Company (“Board”) announces that Mr. Gerrit van Heerde has tendered his resignation as non-independent non-executive director of the Company with effect from the 30th August 2023. This resignation comes as a result of the end of his full 9-year tenure in terms of the LHL Constitution.

Mr. van Heerde served as a member of two Board Sub-Committees, namely; the Group Strategic & Investment Committee and Group Risk Social and Ethics Committee.

The Group wishes to extend its sincere gratitude to Gerrit for his invaluable level of support, commitment and contribution dedicated to Letshego since joining the Group’s Board 2003. Gerrit has brought an immeasurable amount of insight, regional expertise and financial sector guidance in his fiduciary responsibilities, and played an integral role in supporting the evolution of Letshego from a single product focused model, to today’s multifaceted, digitally-inspired operation spanning 11 markets across Sub Saharan Africa. Gerrit’s financial expertise, practical business mindset and superior leadership qualities have created a legacy from which Letshego will continue to draw value for many years to come.

The Board of Directors wishes to extend their heartfelt appreciation to Gerrit and wish him every success in his future endevours.

On behalf of the Board of Directors

30 August 2023

PHILIP ODERA

Group Chairman

AOBAKWE MONYATSI

Group Chief Executive Officer