2022

Shareholders of ZCCM Investments Holdings Plc (“ZCCM-IH”) are referred to the announcement dated 23 May
2019 concerning ZCCM-IH filing a petition in the High Court of Zambia for the winding up of Konkola Copper
Mines PLC (“KCM”) on 21 May 2019 (the “Petition”) and the appointment by the Court of Mr. Milingo Lungu as
provisional liquidator of KCM (the “Provisional Liquidator”) and to the announcement dated 23 June 2021
regarding ZCCM-IH’s application for leave to appeal against the decision of the Court of appeal.

The Board wishes to inform the shareholders and the market that ZCCM Investments Holdings Plc
(“ZCCM-IH” or “the Company”), has agreed to provide a Corporate Guarantee to Zambia National
Commercial Bank Plc (“Zanaco”) for the amount of USD10 million (the “Transaction”).

The shareholders of ZCCM Investments Holdings Plc (“ZCCM-IH” or the “Company”) are referred to the cautionary
announcement dated 13 December 2019 and subsequent announcements wherein the Company advised of the
criminal complaint made by ZCCM-IHagainst the allegedly unauthorised transfer by Kansanshi Mining Plc (“KMP”)
KMP monies to a Kansanshi Holdings Limited (“KHL”) related party/affiliate and the arbitration proceedings
against ZCCM-IH.