ZAMBEEF PRODUCTS PLC

("Zambeef", the "Company" or the "Group")

[Incorporated in the Republic of Zambia]

Company registration number: 31824

Share Code: ZAMBEEF

ISIN: ZM0000000201

Shareholders Engagement Meeting

And

Independent Shareholders FAQs

Zambeef (AIM: ZAM), the fully integrated cold chain food products and retail business with operations in Zambia, Nigeria and Ghana, announces details of a forthcoming Shareholder Engagement Meeting.

On Tuesday 10 February 2026 the Company announced details of a forthcoming Extraordinary General Meeting ("EGM") of Zambeef, at which shareholders independent of British International Investment Plc ("BII") will be asked to consider and approve a waiver of their rights to participate in a mandatory takeover offer ("MTO") that would otherwise arise upon conversion of the preference shares held by BII into ordinary shares. The EGM is to be held on Wednesday 11 March 2026.

Ahead of the EGM, the Board of Directors of Zambeef invite shareholders to a shareholders engagement meeting (the "Shareholder Engagement Meeting"), to provide further clarity on any matters or questions that may be arising with regards to the forthcoming EGM.

The shareholders engagement meeting will be held physically at the Protea Hotel, Arcades Shopping and Entertainment Complex, Corner Thabo Mbeki and Great East Road, Lusaka, and virtually via video conferencing at the following link: https://eagm.corpservezambia.com.zm/eagm/ on Friday 27 February 2026 at 11:00am CAT / 9:00am GMT.

In addition, the Company has made available online an Independent Shareholders FAQs document which is available now at the following link https://zambeefplc.com/market-announcements/.

Shareholders are also reminded that the Information Memorandum, which includes the Notice of EGM, can be accessed at the following link: https://zambeefplc.com/market-announcements/.

Shareholders who are not able to attend the shareholders engagement meeting are welcome to send their questions to the following email address: [email protected].

For further information, please visit www.zambeefplc.com or contact:

Notes to Editors

Zambeef Products plc is the largest integrated cold chain food products and agribusiness company in Zambia and one of the largest in the region, involved in the primary production, processing, distribution and retailing of beef, chicken, pork, milk, dairy products, fish, flour and stockfeed, throughout Zambia and the surrounding region, as well as Nigeria and Ghana.

It has 248 retail outlets throughout Zambia and West Africa.

The Company is one of the largest suppliers of beef in Zambia. Five beef abattoirs and three feedlots are located throughout Zambia, with a capacity to slaughter 230,000 cattle a year. It is also one of the largest chicken producers in Zambia, with a capacity of 12.5m broilers and 31.2-million-day-old chicks a year. It is one of the largest piggeries, pig abattoirs and pork processing plants in Zambia, with a capacity to slaughter 102,000 pigs a year, while its dairy has a capacity of 140,000 litres per day.

The Group is also one of the largest cereal row cropping operations in Zambia, with approximately 7,254 hectares of row crops under irrigation, which are planted twice a year, and a further 7,943 hectares of rainfed/dry-land crops available for planting each year.