The Zambia External Bondholder Steering Committee (the "Committee ") is pleased to announce that it has reached a conclusive agreement (the "2024 Agreement ") with the Government of Zambia (the "Government ") on a restructuring of Zambia's (i) US$750,000,000 5.375 per cent. Notes due 2022, (ii) US$1,000,000,000 8.500 per cent. Notes due 2024 and (iii) US$1,250,000,000 8.970 per cent. Amortising Notes due 2027 (collectively the "Eurobonds "). This agreement follows the Government's confirmation