Zambeef Products – Resignation of Director

May 30th, 2022

Pursuant to section 3.59 of the LuSE Listing Requirements, the Board of Directors of Zambeef Products Plc (“Zambeef” or the “Company”) today announces the resignation of Mr. Frank Braeken as Non-Executive Director of the Board, effective 27 May 2022.

Mr. Braeken served as a Non – Executive Director on the Board for the past four (4) years since 30 June, 2018.

The Board wishes to thank Mr. Braeken for his immense contribution to the Company over the past few years and wish him continued success in his future endeavors.

For further information, please contact:

Zambeef Products plc
Walter Roodt, Chief Executive Officer
Faith Mukutu, Chief Financial Officer
Tel: +260 (0) 211 369003
finnCap Limited (Nominated Adviser and Broker)
Ed Frisby/Kate Bannatyne/Tim Harper (Corporate Finance)
Tim Redfern/Barney Hayward (ECM)
Tel: +44 (0)207220 0500
Autus Securities Limited
Mataka Nkhoma (Broker)
Tel: +260 (0) 761 002 002

By Order of the Board

Mwansa M Mutimushi

Lusaka, Zambia 30 May 2022