84 INTEGRATED ANNUAL REPORT 2017 TRUSTCO GROUP

CORPORATE SOCIAL INVESTMENT (CSI)

CSI PHILOSOPHY

The group and its subsidiaries subscribe to the implementation of CSI initiatives which seek to augment and enhance the group’s strategy whilst aligning the CSI portfolio to international best practices and governance principles.

The group aspires to remain at the forefront of corporate citizenry, investing in the societies in which it operates. The impact of the group’s corporate investment is evidenced in its standing as an exceptional corporate citizen.

The initiatives engaged during the financial year under review encompassed the advancement of education, empowerment, community development and sport. These initiatives constitute the cornerstone of the group’s CSI philosophy and augment its strategy whilst, most imperatively, giving back to the Namibian society.

TRUSTCO GROUP AND ITS SUBSIDIARIES ARE COMMITTED TO THE ONGOING IMPLEMENTATION OF A ROBUST, MULTIFACETED SOCIAL INVESTMENT PORTFOLIO WHICH IS IMPLEMENTED AND INTEGRATED ACROSS THE GROUP.

Charity

164 454 Education

395 506

Economic and community outreach and empowerment

3 103 274

TOTAL

5 749 000 NAD

Sport codes and sport development

2 085 766

85 INTEGRATED ANNUAL REPORT 2017 TRUSTCO GROUP

CSI HIGHLIGHTS

SQUASH The annual Trustco Doubles Squash Tournament celebrated another year with over 20 squash enthusiasts. One of the courts at the Wanderers Sports Club was rebranded by Trustco during 2016.

SPESIOL joined the SPES (Step out of poverty through education, encouragement and support) charity outreach in Swakopmund with 23 pre-schoolers. The children were driven to the coastal town for first time visits to the beach and aquarium which filled the group with mixed emotions of excitement and wonder.

CANCER ASSOCIATIONTrustco group annually supports the Cancer Association of Namibia through various drives, including the Cancer Ball and the Shave-A-Thon. The group sponsored a total amount of NAD 24 480 during 2016.

FUNKY MONKEYTrustco hosted a Christmas party at Funky Monkey play centre for 42 children from the Ilongeni Kindergarten. The kids were treated to snacks, received Christmas presents, goodie bags and toiletries whilst playing their hearts out.

In continuation of a three year sponsorship agreement, Trustco supported the Namibia Tennis Association (NTA) with the ongoing development of the association’s junior and junior masters tennis players tournaments.

RUGBY CLINICPeter de Villiers visited schools in more than 11 towns nationwide, conducting inspirational and uplifting high performance coaching clinics. The clinics amongst other objectives, aim to empower coaches and players with skills, to not only better understand and play the game, but also to build quality interpersonal relationships.

IOL sponsored NAD 100 000 for equipment and school books for schools in all the regions. IOL remains dedicated to further education and learning across all regions in the country.

BURSARY EVENTTrustco Insurance/Legal Shield awarded bursaries to three deserving law students to enable them to complete their law degrees at the University of Namibia (UNAM). Each student received NAD 30 000. Legal Shield is committed to support law students in an ongoing effort to alleviate the financial burden associated with the high costs of tertiary education.

86 INTEGRATED ANNUAL REPORT 2017 TRUSTCO GROUP

CORPORATE SOCIAL INVESTMENT OVERVIEW

QVR CODE - TOWNS/CITIES VISITED IN NAMIBIAEDUCATION

CHARITIES AND CHARITABLE CAUSES

Various educational sponsorships

Bursaries

Ministry of Education

WINDHOEK

REHOBOTH

GOBABIS

ONGWEDIVA RUNDU KATIMA MULILO

WALVIS BAY

LÜDERITZ

ORANJEMUND

KEETMANSHOOP

SOCIAL MEDIA REACH

200 000

33 768NAD

Drought relief projects

37 088NAD

Namibian NSX scholars investment challenge

20 000NAD

Cancer association of Namibia

24 480 NAD

SPES

43 635 NAD

GOLF DAY IN AID OF CHARITY

606 982NAD

100 000NAD

261 738NAD

87 INTEGRATED ANNUAL REPORT 2017 TRUSTCO GROUP

COACHING CLINICS - TOWNS/CITIES VISITED IN NAMIBIA

SPORTS DEVELOPMENT

SPORT CLUBS AND CODESNAD ‘000

Trustco partnered with renowned former Springbok coach, Peter de Villiers, to host high performance coaching clinics for coaches and athletes across the country. The objective of the coaching clinics is to promote skills transfer and develop capacity while enhancing performance and team culture.

The group prides itself of the fact that so many communities countrywide, both privileged and less privileged, benefitted equally through this project. Sporting codes ranging from soccer, hockey, cricket, rugby and athletics all benefitted from his expertise. Coaches from around the country attested as to the strength and conditioning training Peter de Villiers gave them as well as difference of perspective with regard to the importance of overall athlete readiness before they take to the field of play.

COACHING CLINICS

688 550NAD

WINDHOEK OKAHANDJA

OTJIWARONGO

GROOTFONTEIN

REHOBOTH

GOBABIS

OSHAKATI RUNDU KATIMA MULILO

WALVIS BAY

LÜDERITZ

KEETMANSHOOP

MARIENTAL

High performance coaching clinics

16Attendance

37 000

Club Tennis Hockey Squash Cycling Other

504 010

129 476

55 491

371 044

248 814

88 381

500

350

200

120

100

50

0

PETER DE VILLIERS

“I WANT TO POSITIVELY INFLUENCE PEOPLE’S ATTITUDES TOWARDS LIFE SO THEY CAN BETTER

THEMSELVES AND THEIR CIRCUMSTANCES.”