Letshego 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.

In line with section 5.4c of the Listing Requirements of the Botswana Stock Exchange (BSE), an issuer must publish a cautionary announcement as soon as they are satisfied that a reasonable degree of certainty exists that the relevant matrix for the period to be reported upon next, will differ by at least 10% from the most recent financial results for the previous corresponding period.

In this respect, the Board of LHL wishes to advise shareholders that the Group’s profit before tax for the year ended 31 December 2022 is expected to be between 20% and 30% lower (approximately P229.3 million to P344 million) than that reported for the comparative period ended 31 December 2021, which amounted to P1.146 billion.

The Group confirms that its financial results for the year ended 31 December 2022 will be announced on Thursday 2 March 2023.

In light of the closed period, shareholders and investors remain advised to exercise caution when dealing in the Company’s securities until formal publication of the full year results.

BY ORDER OF THE BOARD OF DIRECTORS OF LETSHEGO HOLDINGS LIMITED
17 FEBRUARY 2023

PHILIP ODERA
Group Board Chairman

AOBAKWE AUPA MONYATSI
Group Chief Executive