Half Year Trading Statement

In accordance with the Lusaka Securities Exchange (“LuSE”) Listing Requirements, the Board of Directors of ZAMEFA (the “Board”) wishes to advise the Shareholders that for the half-year ended 31 March 2022 (“reporting period”) the basic loss per share (“LPS’) is expected to increase by between 43% and 63% from the corresponding period in the prior year for both the Group and for the Company (collectively the “Group”).