INSURANCE AND ITS INVESTMENTS
Legal Shield Holdings Ltd is a subsidiary of Trustco group and the holding company
of the insurance and its investments segment. Legal Shield Holdings owns Trustco Life
Ltd and Trustco Insurance Ltd, which houses the long- and short-term insurers. The
investments division of the segment comprises inter alia of Trustco’s properties and
Trustco Construction Services which are all wholly owned by Trustco Life.

BANKING AND FINANCE
The banking and finance segment consists of Trustco Bank Namibia Ltd, one of eight
licensed commercial banks in Namibia, and blends mortgage, SME, student and group
lending with deposit-taking to obtain an optimal structure where profits and social
investment are aligned.

SHARED SERVICES
The shared services segment operates its activities similar to those of a business
and delivers its services to internal business segments at a cost, quality and
timelines that are competitive with alternative service providers The segment
continually explores, proposes and implements sustainable cost saving initiatives
and performance is tracked against set and approved internal targets and budgets.

RESOURCES
Trustco Resources (Pty) Ltd (Trustco Resources) was incorporated, as a wholly owned
subsidiary of Trustco Group Holdings Ltd (Trustco), in the Republic of Namibia
in accordance with the Companies Act, 28 of 2004, on 17 February 2015 with
registration number 2015/0081. Trustco Resources was established as one of the
business segments within the Trustco group of companies with an overall strategic
focus on the natural resources sector,both nationally as well as internationally.