PRESS RELEASE ZAMBIA ASSOCIATION OF MANUFACTURERS CONGRATULATES MR. IQBAL PATEL AND MR. YAOCHI HUANG ON RECEIVEING NATIONAL HONOURS FOR THEIR CONTRIBUTIONS TO ZAMBIA’S MANUFACTURING SECTOR The Zambia Association of Manufacturers (ZAM) wishes to congratulate Mr. Iqbal Patel of Trade Kings Group and Mr. Yaochi Huang of Wonderful Group on being awarded the Order of the Eagle of Zambia - Third Division by His Excellency, President Hakainde Hichilema, during the Independence Day Investiture Ceremony held on 24 October 2026. ZAM also commends His Excellency, President Hakainde Hichilema, for recognising and honouring leaders from the manufacturing sector, acknowledging the vital role that manufacturers and private sector investors play in Zambia’s economic development. Such recognition affirms the importance of enterprise, investment and local production in creating jobs, building domestic productive capacity and advancing the country’s development aspirations. It also sends an encouraging message to the wider manufacturing community that its contribution to national progress is valued. Manufacturing must be at the heart of Zambia’s Grow Zambia agenda, driven by visionary leaders who invest in local production, create jobs, strengthen domestic value chains and build businesses capable of competing in regional and international markets. The achievements of Mr. Patel and Mr. Huang demonstrate what is possible when entrepreneurial vision is matched with sustained investment, ambition and confidence in Zambia’s potential. Mr. Iqbal Patel has played a pivotal role in building Trade Kings Group into one of the region’s leading fast-moving consumer goods manufacturing groups. His leadership demonstrates the capacity of locally established enterprises to scale, expand employment, increase value addition and strengthen Zambia’s presence in regional markets. Through Wonderful Group, Mr. Yaochi Huang has contributed to Zambia’s productive capacity through significant investments that support local manufacturing, expand economic opportunities and strengthen the country’s industrial base. Together, their achievements reflect the kind of visionary leadership that will be central to the success of the Grow Zambia agenda. They have shown that Zambia can be a destination for significant investment, a centre for competitive manufacturing and a source of products and enterprises that reach markets beyond its borders. Their recognition is therefore not only a celebration of individual achievement, but also an affirmation of the contribution that manufacturers and private sector investors make to national development. Their journeys underscore the importance of an enabling business environment that encourages investment, supports innovation, promotes local value addition and allows enterprises to grow and compete. ZAM remains committed to working with Government and industry stakeholders to advance policies that strengthen domestic production, improve competitiveness, expand market access and unlock the sector’s potential to generate jobs and sustainable economic growth. ZAM once again extends its sincere congratulations to Mr. Iqbal Patel and Mr. Yaochi Huang on this well-deserved national recognition. Their leadership and achievements serve as an inspiration to the wider manufacturing community and demonstrate what can be accomplished when vision is translated into investment, enterprise and lasting economic impact. FULL STATEMENT BELOW

PRESS RELEASE 𝐒𝐭𝐚𝐧𝐝𝐚𝐫𝐝 𝐂𝐡𝐚𝐫𝐭𝐞𝐫𝐞𝐝 𝐬𝐮𝐩𝐩𝐨𝐫𝐭𝐬 𝐚𝐜𝐜𝐞𝐬𝐬 𝐭𝐨 𝐞𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧 𝐟𝐨𝐫 𝐯𝐮𝐥𝐧𝐞𝐫𝐚𝐛𝐥𝐞 𝐙𝐚𝐦𝐛𝐢𝐚𝐧 𝐠𝐢𝐫𝐥𝐬 As the Bank donates over ZMW 90,000 to the Great Achievers Network Contribution will support vulnerable girls with basic school supplies and access to quality education Lusaka, Zambia – [26 October 2026] – Standard Chartered Bank Zambia has donated ZMW 92,500 to The Great Achievers Network to support underprivileged and vulnerable Zambian girls with basic school supplies and help them access quality education during the 2026 school calendar. The donation was presented at a cheque handover ceremony held at Standard Chartered Bank Zambia’s Head Office in Lusaka. The partnership reflects the Bank’s commitment to supporting community initiatives that address practical barriers to education and create opportunities for young people to progress. Speaking at the ceremony Sonny Zulu, Chief Executive Officer of Standard Chartered Bank Zambia Plc, said: “Education is one of the strongest foundations for individual progress and community development. However, the lack of basic school materials can prevent vulnerable learners from participating fully in school. Through this contribution, we hope to help more Zambian girls to continue their 2026 school calendar with dignity, confidence and the tools they need to learn.” He added: “Standard Chartered values partnerships that respond to clear community needs and can create positive, lasting impact. We are pleased to support The Great Achievers Network in its work to expand educational opportunity for vulnerable girls. This initiative is a practical expression of our ‘Here for good’ brand promise and our commitment to the communities where we operate.” The Great Achievers Network will apply the donation towards the provision of basic school supplies for identified beneficiaries. Standard Chartered continues to seek meaningful partnerships that contribute to sustainable community development and help people realise their potential. ENDS. For further information, please contact: Christine Matambo Head of Corporate Affairs and Brand & Marketing Zambia & Southern Africa Standard Chartered Bank Zambia plc Phone: +260 960 561 755 E-mail: [email protected] Notes to editors 𝐀𝐛𝐨𝐮𝐭 𝐒𝐭𝐚𝐧𝐝𝐚𝐫𝐝 𝐂𝐡𝐚𝐫𝐭𝐞𝐫𝐞𝐝 Standard Chartered is a leading international banking group, with a presence in the world’s most dynamic markets. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, “Here for good”.

The LUSE BELL RINGS @OneSquareK1 Opens its IPO offer today, signaling its coming to list on the Lusaka Securities Exchange Plc. The window for investing has been opened. Be part of history for this “once in a lifetime” occasion. @LuSE_Plc #FinancialInsight #Get2Know

📈 𝗖𝗔𝗣𝗜𝗧𝗔𝗟 𝗠𝗔𝗥𝗞𝗘𝗧𝗦 𝗤𝗨𝗜𝗖𝗞 𝗧𝗔𝗞𝗘 Why is local participation crucial to the upcoming One Square K listing? Watch the full episode to hear the response. — Mwelwa Chibesakunda, Founder & CEO, Financial Insights FULL EPISODE 👉 youtu.be/R4554L94YL4

📈 𝗖𝗔𝗣𝗜𝗧𝗔𝗟 𝗠𝗔𝗥𝗞𝗘𝗧𝗦 𝗤𝗨𝗜𝗖𝗞 𝗧𝗔𝗞𝗘 Zanaco’s bond will finance SMEs, clean energy and climate-resilient farming to drive jobs and productivity. — Fredrick Mulenga, Executive Head of Treasury, Zanaco Watch it: youtu.be/1H-2oVrPFg8 #FinancialInsight #Get2Know

📈 𝗖𝗔𝗣𝗜𝗧𝗔𝗟 𝗠𝗔𝗥𝗞𝗘𝗧𝗦 𝗤𝗨𝗜𝗖𝗞 𝗧𝗔𝗞𝗘 Our upcoming share offer invites individuals to partner with us for long-term growth, no matter how small the investment. — Mafipe Chunga, Managing Director & Co-Founder, One Square K 👉 youtu.be/R4554L94YL4

𝗣𝗥𝗘𝗦𝗦 𝗥𝗘𝗟𝗘𝗔𝗦𝗘 SHOPRITE ZAMBIA PARTNERS WITH ZAMBIA ASSOCIATION OF MANUFACTURERS TO PROMOTE PROUDLY ZAMBIAN PRODUCTS NATIONWIDE The Zambia Association of Manufacturers (ZAM), in partnership with Shoprite Zambia, has introduced dedicated Proudly Zambian gondolas in Shoprite stores across the country to increase consumer awareness and encourage greater support for locally manufactured products. Launched during ZAM's Manufacturers Month in September, the partnership aims to encourage shoppers to "Think Local First" by making Zambian-made goods more visible and accessible. The dedicated gondolas showcase products certified under the Proudly Zambian Campaign (PZC), providing local manufacturers with greater exposure while making it easier for consumers to identify and choose locally produced goods. The gondolas have featured different Proudly Zambian certified products, showcasing the variety of locally manufactured goods available and giving greater visibility to participating Zambian manufacturers. Shoprite Zambia already stocks a wide range of products from local suppliers certified under the campaign. The new displays build on this commitment, helping to strengthen the relationship between Zambian manufacturers and the retail sector. The Proudly Zambian Campaign, implemented by ZAM in collaboration of the Ministry of Commerce, Trade and Industry, promotes locally manufactured products and services. Consumers can identify certified products by looking for the official Proudly Zambian logo on their packaging. While the dedicated gondolas were introduced as part of ZAM's Manufacturers Month activities, both ZAM and Shoprite Zambia hope to build on the partnership. Following a joint review, the two organisations will explore the possibility of establishing a permanent Proudly Zambian presence in Shoprite stores, alongside supplier-matching sessions to connect local manufacturers with Shoprite's buying teams. The importance of supporting locally manufactured products was reinforced by His Excellency President Hakainde Hichilema during the ceremonial opening of the First Session of the 14th National Assembly on 9th October 2026. In his parliamentary address, President Hakainde Hichilema stated: "The Proudly Zambian Campaign is building national awareness to shift consumer and institutional purchasing towards locally manufactured goods and services. Every Kwacha spent on a Zambian-made product and service retained in our economy supports jobs, sustains our factories, and strengthens the manufacturing sector." As Zambia prepares to celebrate its 62nd Independence Day on 24th October, the partnership serves as a timely reminder that supporting local manufacturing is a practical way to contribute to national development. By choosing Zambian-made products, consumers help sustain local businesses, support employment and strengthen the country's manufacturing sector.

ZAMBIA MINING & INVESTMENT INSAKA | QUICK TAKE Following his panel session at the Zambia Mining and Investment Insaka (ZAMII), Minera Refineries Zambia Managing Director, Mr. Andrew Mukupa Katandula, noted that Zambians are waking up to the strategic necessity of actively managing their mineral assets, beginning with sector-wide formalisation. To deliver real impact, Mr. Katandula called for a national #gold management centre to oversee the entire value chain, from extraction and aggregation through to international trade. This end-to-end approach aims to plug leakages and ensure that critical resource wealth is retained directly within the domestic economy. #ZambiaMining #ValueAddition #MineraRefineries #FinanicalInsight #Get2Know

When Africa’s safety minds come together, the impact goes beyond the stage! The AfriSAFE is known for speakers whose experience shapes action. See you in Ghana! 🇬🇭 🎟️ afrisafe.org 📍 Labadi Beach Hotel, Ghana 📅 November 5–6 ☎️ +234 803 697 9392 @HSENations

📈 𝗖𝗔𝗣𝗜𝗧𝗔𝗟 𝗠𝗔𝗥𝗞𝗘𝗧𝗦 𝗤𝗨𝗜𝗖𝗞 𝗧𝗔𝗞𝗘 Zanaco’s bond platform will mobilise affordable, long-term capital for SMEs, farmers and clean energy to spur Zambia’s economic growth. — Fredrick Mulenga, Head of Treasury, Zanaco Watch here: youtu.be/1H-2oVrPFg8

📈 𝗖𝗔𝗣𝗜𝗧𝗔𝗟 𝗠𝗔𝗥𝗞𝗘𝗧𝗦 𝗤𝗨𝗜𝗖𝗞 𝗧𝗔𝗞𝗘 Selling 49% of our completed building allows us to reinvest capital into developing new property assets for investors. — Mafipe Chunga, Managing Director & Co-Founder, One Square K 👉 youtu.be/R4554L94YL4

𝗙𝗜 𝗣𝗵𝗼𝘁𝗼 𝗦𝘁𝗼𝗿𝘆 | 𝗜𝗻𝘀𝗶𝗱𝗲 𝗦𝗮𝗺𝘂𝗲𝗹 𝗦𝗲𝗲𝗳𝗳’𝘀 𝗩𝗶𝘀𝗶𝘁 𝘁𝗼 𝗦𝗘𝗘𝗙𝗙’𝘀 𝗟𝘂𝘀𝗮𝗸𝗮 𝗕𝗿𝗮𝗻𝗰𝗵 A visit, an opportunity to connect and conversations worth looking forward to. Yesterday, SEEFF Chairman Samuel Seeff visited the SEEFF Zambia’s Lusaka branch. Acccompanied by Dr. Lusungu Kayela, he had the opportunity to familiarise himself with the team, tour the premises and engage with staff on the real estate industry. He shared insights into how the real estate industry operates across different markets worldwide, offering a broader perspective on the sector and its opportunities. During the visit, he also sat down with Financial Insight’s Mwelwa Chibesakunda for an interview exploring the property market and the broader issues shaping the real estate industry. With Zambia continuing to experience a significant housing deficit, conversations around property development, affordability and investment remain important to the sector’s growth. Understanding how international real estate markets operate also offers perspectives that can inform discussions about the opportunities and challenges facing Zambia’s property market. The engagement also provided an opportunity for an exchange with the team, as Seif shared insights into global real estate trends and discussed issues relevant to the Zambian market. Seif expressed his satisfaction with the visit, while the team welcomed the opportunity to engage with him and gain insights from his experience in the sector. Stay tuned to Financial Insight for more conversations with industry leaders on the developments shaping Zambia’s business and investment landscape. #SEEFF #Realestate #Financialinsight #Mediamachine #Get2Know

📈 𝗖𝗔𝗣𝗜𝗧𝗔𝗟 𝗠𝗔𝗥𝗞𝗘𝗧𝗦 𝗤𝗨𝗜𝗖𝗞 𝗧𝗔𝗞𝗘 Zanaco’s US$50m sustainability bond will finance green and social projects to drive clean energy, food security and job creation. Fredrick Mulenga, Zanaco Watch here: youtu.be/1H-2oVrPFg8 #FinancialInsight #Get2Know

📈 𝗖𝗔𝗣𝗜𝗧𝗔𝗟 𝗠𝗔𝗥𝗞𝗘𝗧𝗦 𝗤𝗨𝗜𝗖𝗞 𝗧𝗔𝗞𝗘 Zambians want to own more in this country, and listing is an opportunity for businesses to scale through long-term shared ownership. — Mafipe Chunga, Managing Director & Co-Founder, One Square K 👉 youtu.be/R4554L94YL4