News & Media

ZCCM Investments Holdings Plc (“ZCCM-IH” or the “Company”) wishes to announce that it will be hosting a Virtual Shareholder Open Day on Wednesday 27 April 2022 from 10:00 hours to 12:00 hours Central Africa Time (CAT). This will be streamed live via video conferencing.

Pursuant to section 3.59 of the LuSE Listing Requirements, the Board of Directors of ZCCM Investments Holdings Plc (the “Board”) wishes to announce the resignation of Mr. Yollard Kachinda as a Director with effect from 6th April 2022.

In compliance with the Securities Act No. 41 of 2016 and the Listings Rules of the Lusaka
Securities Exchange (“LuSE”), the Board of ZCCM Investments Holdings Plc (“ZCCM-IH” or
the “Company”) hereby announces the separation from employment of Mr. Mabvuto T
Chipata as Chief Executive Officer (CEO) of the Company effective 30 March 2022. The
separation is by mutual consent.

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 which stayed the
liquidation proceedings and referred the parties to Arbitration.

In the past three years, many countries including Zambia have experienced challenging economic conditions exacerbated by the Covid -19 pandemic. The economic effects have been significant as evidenced in supply chain disruptions for most of Zambia’s main trading partners, who have been in and out of lockdown during this period.

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 for the financial year ended 31 December 2020 is expected to be approximately 594% and 273% higher respectively, than the nine (9) months financial period ended 31 December 2019.

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.