WATERLOO INVESTMENT HOLDINGS LIMITED - ANNOUNCES ACQUISITION OF SHARES

Hamilton, Bermuda: 8 June 2023- In a filing with the Bermuda Stock Exchange ("BSX"), Waterloo Investment Holdings Limited (Ticker: WIHL.BH)advised of the following:

June 7, 2023- Waterloo Investment Holdings Limited (Bermuda - WIHL) (the "Company" or "WIHL") announces that it has acquired 34,000 ordinary shares in the Company at a price of US$0.35 per share.

Following the acquisition and cancellation of the shares, the total issued share capital of the Company will be 649,203,237.

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.

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About BSX

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