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The Board of ZCCM Investments Holdings Plc (“the Board”) (“ZCCM-IH” or “the Company”) wishes to advise Shareholders and the market that the Company is in discussions with Glencore Finance (Bermuda) Ltd regarding the future of Mopani Copper Mines Plc (“Mopani”). Glencore Finance is the major shareholder of Carlisa Investments Corporation which in turn is the majority shareholder
of Mopani. The circumstances relating to the Company and the full impact of the discussions are currently being determined and may have a material effect on the price of the Company’s
securities. Accordingly, Shareholders are advised to exercise caution when dealing in the Company’s securities until a full announcement is made.

In compliance with the requirements of the Securities Act No 41 of 2016 and the Lusaka Securities Exchange (“LuSE”) Listings Requirements (the “Rules”), shareholders are informed that on 11
November 2019, KHL filed a Request for Arbitration in London against ZCCM-IH (as Respondent) and KMP (as Nominal Respondent). These Arbitration proceedings are strictly confidential as between the parties. The Arbitration proceedings follow a criminal complaint made by ZCCM-IH against the allegedly unauthorised transfer by KMP of KMP monies to a KHL related party/affiliate.

Shareholders of ZCCM Investments Holdings Plc (“ZCCM-IH”) are referred to the announcement dated 23 May 2019, concerning the filing by ZCCM-IH of a petition in the High Court of Zambia for the winding up of Konkola Copper Mines PLC (“KCM”) on 21 May 2019 (the “Petition”), the appointment by the Court of Mr Milingo Lungu as provisional liquidator of KCM (the “Provisional Liquidator”) and the legal proceedings commenced in the High Court of South Africa and applications made to the Zambian High Court by Vedanta Resources Limited and Vedanta Resources Holdings Limited (together “Vedanta”).

Shareholders of ZCCM Investments Holdings Plc (“ZCCM-IH”) are referred to the announcements dated 23 May 2019, concerning the filing by ZCCM-IH of a petition in the High Court of Zambia for the winding up of Konkola Copper Mines PLC (“KCM”) on 21 May 2019 (the “Petition”), the appointment by the Court of Mr Milingo Lungu as provisional liquidator of KCM (the “Provisional Liquidator”) and the legal proceedings commenced in the High Court of South Africa and applications made to the Zambian High Court by Vedanta Resources Limited and Vedanta Resources Holdings Limited (together “Vedanta”).

Shareholders of ZCCM Investments Holdings Plc (“ZCCM-IH” or “the Company”) are referred to the announcement dated Tuesday, 23rd November 2018, which stated that two former employees of Ndola Lime Company Limited (“NLC”); an investee company of ZCCM-IH,applied to the High Court to place the company under supervision pursuant to the Corporate Insolvency Act No. 9 of 2017.

In line with one of its strategic objectives in mining, ZCCM Investments Holdings Plc (‘ZCCM-IH’) wishes to announce the incorporation of ZCCM Gold Company Limited (ZCCM Gold). ZCCM Gold was incorporated on 10 January 2020. ZCCM Gold will spearhead and manage gold mining activities in Zambia. Its activities will include but not limited to gold exploration, mining, processing, marketing and value addition.

On 23 December 2019, the Board of Directors of ZCCM-IH approved the proposal to enter into a Joint Venture (JV) partnership with Karma Mining Services and Rural Development Company (“Karma”). The purpose of the JV is to develop a gold processing and trading operation in Zambia (“the Project”). Initially, the JV will source most of the gold ore from Artisanal and Small-Scale Gold Miners. Under the JV, ZCCM-IH and Karma will have 45% and 55% shareholding, respectively.

In accordance with Section 3.4(b) Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of ZCCM-Investments Holdings PLC (the “Company” or “ZCCM-IH”) hereby advises the Shareholders of the Company that the Earnings PerShare (“EPS”)for the Group and the Company for the half year period ended 30th September 2019 are expected to be approximately 75% and 24% respectively, lower than the half year results for the period ended 30th September 2018.

In accordance with Section 3.4(b) Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of ZCCM-Investments Holdings Plc (the “Company” or “ZCCM-IH”) hereby advises the Shareholders of the Company that the Earnings Per Share (“EPS”) for the Group and Company financial year ended 31 March 2019 is expected to be approximately 47% and 125% respectively, lower than the financial year ended 31 March 2018.

Kansanshi Holdings Limited (“KHL”) Commences Confidential Arbitration Proceedings Against ZCCM Investments Holdings Plc (“ZCCM-IH” or “the Company”) and Kansanshi Mining Plc (“KMP”).
In compliance with the requirements of the Securities Act No 41 of 2016 and the Lusaka Securities Exchange (“LuSE”) Listings Requirements (the “Rules”), shareholders are informed that on 11 November 2019, KHL filed a Request for Arbitration in London against ZCCM-IH (as Respondent) and KMP (as Nominal Respondent). These Arbitration proceedings are strictly confidential as between the parties. The Arbitration proceedings follow a criminal complaint made by ZCCM-IH against the allegedly unauthorised transfer by KMP of KMP monies to a KHL related party/affiliate.