LETSHEGO : SHAREHOLDER UPDATE - Appointment of INED - 3 Dec 2021

LETSHEGO HOLDINGS LIMITED

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

NOTICE TO ALL SHAREHOLDERS

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR

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Letshego Holdings Limited ("LHL" I "the Company" I "Letshego Group") 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 organisation committed to achieving sustainable social impact through its digital-first retail financial services strategy that spans across eleven sub Saharan African markets.

Board Composition

Following the conclusion of regulatory approvals, the Board of Letshego Holdings Limited is pleased to confirm the appointment of Rose Mwaura as an Independent Non-ExecutiveDirector.

Rose Mwaura brings complimentary and relevant experience to Letshego's Group Board following expansive leadership roles in governance and public policy across 3 continents: the United States; Africa and India. Rose is currently an Independent Non-Executive Director and the Chairperson of the Audit Committee at Kenya's Jubilee Life Insurance. She is also a member of the Council of KCA University where Rose chairs the Audit, Risk and Compliance Committees, as well as serving as the Vice Chairperson of the Kenya Private Sector Alliance Public Finance Sector Board.

Rose is instrumental in assisting multinational organisations and public entities in strengthening their financial, operational and governance frameworks. Her international experience demonstrates a solid track record in fostering public sector partnerships that collaborate and create facilitative public policy and legislation.

Rose has over 25 years' experience in providing commercial and financial advisory, audit, assurance and governance services to various organisations. She is also a Certified Executive Coach helping top professionals to unlock their own individual growth potential. As a Certified Public Accountant, Rose is a registered member of the Institute of Certified Public Accountants of Kenya and holds a Bachelor of Commerce Accounting (Hons) degree from the University of Nairobi.

Group Chairman, Enos Banda added, "On behalf of the Letshego Group Board, I would like to welcome Rose to the Letshego Family. Rose was selected to join the Letshego Board after an extensive and selective process, supporting our proactive succession plan as we align with international fiduciary guidelines. Letshego stands to gain immense value from Rose's global experience in fostering public and private sector partnerships that build effective policies and governance frameworks to unlock sustainable growth and economic potential for all stakeholders."

For and on behalf of the board

Sponsoring Broker

Enos Banda

Letshego Group Chairman

03 December 2021