SENS ANNOUNCEMENT

(the "Notice" or "Announcement")

ZCCM INVESTMENTS HOLDINGS PLC ("ZCCM-IH")

[Incorporated in the Republic of Zambia]

Company registration number:        119540000771

Share Code:                                           ZCCM-IH

ISIN:                                                       ZM0000000037

Authorised by:                                     Charles Mjumphi - Company Secretary

Stockbrokers Zambia Limited

[Founder Member of the Lusaka Securities Exchange]

[Regulated and licensed by the Securities and Exchange Commission of Zambia]

Contact Person     :                               Kondwani Kahula

Contact email       :                               [email protected]

Contact Number:                 +260-211-232456

Website:                                                www.sbz.com.zm

The captioned Announcement has been approved by:

i.      the Lusaka Securities Exchange ("LuSE")

ii.    the Securities and Exchange Commission of Zambia ("SEC")

iii.   Stockbrokers Zambia Limited ("SBZ")

The Announcement contained herein contains information that may be of a price sensitive nature.

ISSUED: 23 February 2024

ZCCM INVESTMENTS HOLDINGS PLC

[Incorporated in the Republic of Zambia]

Company registration number: 119540000771

Share Code: ZCCM-IH

ISIN: ZM0000000037

["ZCCM-IH" or the "Company"]

The Board of ZCCM Investments Holding Plc ("ZCCM-IH" or "the Company") (the "Board") would like to announce the appointment of Messrs.  KPMG Zambia as the Company's auditors for the Financial years ending 31^st December 2023, 31^st December 2024 and 31^st December 2025, effective from 26 December 2023, subject to ZCCM-IH's shareholders ratification at the next Annual General Meeting.

KPMG Zambia is a member firm of KPMG Global Organization, a leader among the world's professional services organisations. Through the firm's three integrated service lines - Audit, Tax and Advisory- and deep sector knowledge, the firm works closely with its clients, helping them mitigate risks and grasp opportunities. The firm's high-performing, multidisciplinary teams help clients fulfill regulatory requirements, keep investors informed and meet stakeholder needs. KPMG auditors use their knowledge, skills, and experience to deliver high-quality audits with independence, integrity, objectivity, and professional skepticism. In doing so, they help to support sustainable, long-term value creation.

The Board is confident that with their experience, KPMG Zambia will contribute effectively and immeasurably to the Company.

By Order of the Board

Charles Mjumphi

Company Secretary