Letshego : NOTICE TO ALL SHAREHOLDERS DISCONTINUATION OF CHEQUES IN BOTSWANA AND DEMATERIALISATION OF SHARES IN THE CENTRAL SECURITIES DEPOSITORY (CSD) SYSTEM

LETSHEGO AFRICA HOLDINGS LIMITED

Incorporated in the Republic of Botswana Co. BW00000877524 (the "Company")

NOTICE TO ALL SHAREHOLDERS

DISCONTINUATION OF CHEQUES IN BOTSWANA AND DEMATERIALISATION

OF SHARES IN THE CENTRAL SECURITIES DEPOSITORY (CSD) SYSTEM

Letshego Africa Holdings Limited ("LHL" I "the Group" I "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.

Reference is made to the Directive 1 of 2014 from Non-Bank Financial Institutions Regulatory Authority (NBFIRA) which requires shareholders to open accounts in the Central Depository Company of Botswana Limited (CSDB) and dematerialize their holdings through the process of depositing shares in the Central Securities Depository (CSD) System.

All Shareholders who are still holding their physical share certificates and paid by cheque/account must dematerialize their shares to the below brokers who are registered with the CSDB to open an account. Shareholders must also provide their banking details to be used for the purpose of distributing payments directly into your bank account.

Dematerialization also makes it easier for CSDB to comply with the Know-your-Client (KYC) process as required by Financial Intelligence Agency (FIA) Act.

If your shares have been dematerialized and paid by cheque, kindly liaise with your broker to provide the bank account details, as per the Bank of Botswana and Bankers Association of Botswana notification that cheques are being discontinued as of 31st Dec 2023.

Please note that this is the last cheque payment.

The following are the brokers to liaise with:

lmara Capital Securities - [phone]

1. Mogi Lebetwa [e-mail]
2. Lame Pheko [e-mail]

Stockbrokers Botswana - [phone]

1. Thate Mora [e-mail]
2. Generic [e-mail]

Motswedi Securities - [phone]

1. Renee [e-mail]
2. Tshepo Setlhare - email [e-mail]

For and on behalf of the Board of Directors.

21 December 2023

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