Hamilton, Bermuda: 20 September 2023 - Waterloo Investment Holdings Limited (Ticker: WIHL.BH) advised of the following: 

WATERLOO INVESTMENT HOLDINGS LIMITED ANNOUNCES THE PUBLICATION OF THE COMPANY’S ANNUAL REPORT FOR THE FINANCIAL YEAR ENDED MARCH 31, 2023

September 20, 2023 – Waterloo Investment Holdings Limited (Bermuda – WIHL) (“the Company” or “WIHL”) announces the release of its Annual Report containing the audited consolidated financial statements for the Company as at and for the year ended March 31, 2023. The Company reports net income of $118.5m for the year ended March 31, 2023 (2022 – $80.8m) and net income per ordinary share for the year of $0.21 (2022 – $0.16).

 At March 31, 2023 total assets were $1,968.5m (2022 - $1,731.3m) and net assets were $940.1m (2022 - $662.3m).

2023 Annual Financial Statement

 A copy of the Annual Report will be made available for download from the Company’s website: http://www.wihl.com or from the Company’s Listing Sponsor, Ocorian Securities (Bermuda) Limited of Victoria Place, 5th Floor, 31 Victoria Street, Hamilton, HM GX, Bermuda.

Background

Waterloo Investment Holdings Limited is a BVI business company with registered number 1628508 and registered office at Craigmuir Chambers, Road Town, Tortola, British Virgin Islands (“Waterloo” or "WIHL").

WIHL is an international company with significant investments in the Caribbean and Latin America.  Its operating businesses are mainly concentrated in finance, hospitality and port operations sectors of Belize and the Turks and Caicos Islands.

Waterloo's principal banking subsidiaries comprise of The Belize Bank Limited and Belize Bank International Limited in Belize and British Caribbean Bank Limited in the Turks and Caicos Islands.   Belize Bank is the market leader in Belize where it is the largest, full service commercial and retail banking operation in the country with thirteen branches. Belize Bank International is an international bank offering services to international clients. British Caribbean Bank provides banking and investment services to both local and international clientele in Turks and Caicos.

For further information contact:

Waterloo   Investment   Holdings   Limited   at   101   Governors   Road, Leeward, Providenciales, Turks & Caicos Islands, B.W.I. or send an email via the Company’s

web site http://www.wihl.com.