In accordance with Section 3.59 of the Lusaka Securities Exchange Listing Rules (“LuSE Rules”), ZCCM Investments Holdings Plc (“ZCCM-IH” or “the Company”) wishes to inform its shareholders and the market that, effective 9 June 2025, the majority shareholder, the Industrial Development Corporation (“IDC”), has appointed Mr. Phesto Musonda as a Non-Executive Director and Chairperson of the ZCCM-IH Board.

Brief Profile of Mr. Phesto Musonda:

Mr. Phesto Musonda is a seasoned entrepreneur and a prominent figure in Zambia’s construction and mining industries, bringing over three decades of experience in driving industrial growth, innovation, and strategic development. As Chairman and CEO of both Phoenix Materials Ltd and the Sub Sahara Gemstone Exchange Industrial Park Ltd, he has combined technical and business acumen with visionary leadership to advance the mining and gemstone sectors not only in Zambia but across the Sub-Saharan region.