Other LCSA Services

As a note trustee, we seek to protect the interests of investors throughout the life of the
debt instrument. Our typical responsibilities include:

• Representation of Investors: Acting as the legal representative of noteholders and facilitating communication between the issuer and investors.
• Documentation and Compliance: Reviewing transaction documents, collecting compliance certificates, and monitoring the issuer’s adherence to covenants and contractual conditions.
• Administration: Maintaining a register of noteholders and coordinating the payment of principal and interest with paying agents.
• Security Management: Creating and holding security interests on behalf of noteholders and monitoring the underlying collateral.
• Default Management: Enforcing security interests and exercising remedies on behalf of noteholders in the event of default.
• Corporate Actions: Managing requests for waivers, amendments, approvals, and coordinating investor meetings or decision-making processes.
• Regulatory Compliance: Ensuring all required filings with regulatory authorities and stock exchanges are accurately completed.

As a note trustee, LCSA offers both flexibility to issuers and crucial protection to noteholders.
By centralizing investor communications and coordinating actions, LCSA prevents uncoordinated
individual actions that could compromise the performance of the transaction.

LCSA is fully licensed by the Securities and Exchange Commission of Zambia (SEC), which supervises
the activities of note trustees to ensure fair practices and safeguard investor interests.