The Integrated Annual Report for the year ended 31 December 2021 provides a holistic view of ZCCM Investments
Holdings Plc (“the Company”) and its subsidiaries (“the Group”) business model, how the Company is managed and
how it manages its investment portfolio. This report therefore provides a complete analysis of our business to satisfy the
information needs of key stakeholders that will use the Integrated Report. The information presented aims to provide our
various stakeholders with a good understanding of the financial, human, social, environmental and economic impacts
of ZCCM-IH to enable them to evaluate our ability to create sustainable value for our stakeholders.

FRAMEWORK
The Financial Statements set out on in the Annual Report have been prepared in accordance with International Financial
Reporting Standards (IFRS). Our Integrated Report is prepared in accordance with the Zambia Companies Act and the
listing requirements of the three stock markets on which ZCCM-IH is listed namely: Primary market – Lusaka Securities
Exchange, and Secondary markets – Paris Euronext Access and London Stock Exchange.

SCOPE AND BOUNDARY
This report outlines who we are, what we do and how we create value, providing insights into our structure, strategy,
objectives, performance, governance, and future viability. The report provides an overview of the operations and
performance of all businesses in which ZCCM-IH is invested. The scope of this report relates to ZCCM-IH as an investment
holding Company and as a Group encompassing its subsidiaries and associate investee Companies' activities and
material matters arising from its investment activities. Material developments beyond the reporting period up to the date
of publishing of this report have been included.

MATERIALITY
This report provides information on all those matters that we believe could substantively affect value creation at ZCCMIH. Written primarily for current and prospective investors, the report is of interest to any stakeholder who wishes to
make an informed assessment of ZCCM-IH’s ability to create value over time. This report presents the identified material
information through a clearly structured narrative. Additional information not material for this report, but of interest for
other purposes, are provided on our website.