OneSquareK

𝐖𝐡𝐚𝐭 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬 𝐍𝐞𝐞𝐝 𝐭𝐨 𝐊𝐧𝐨𝐰 𝐀𝐛𝐨𝐮𝐭 𝐭𝐡𝐞 𝐎𝐒𝐊 𝐈𝐏𝐎 | 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭 Financial Insight brings you an exclusive, in-depth corporate finance interview filmed at Lifestyle Studios in Lusaka, Zambia in April 2026, uncovering the valuation and business case of @OneSquareK1 Property Development Limited (OSK). Following regulatory approval, the public offer is now open ahead of OSK’s listing on the Lusaka Securities Exchange (LuSE) Alternative Market (Alt-M). Host and Financial Insight founder Mwelwa Kenneth Chibesakunda sits down with Mr. Joseph Chisanga, Chief Financial Officer of OSK, to walk prospective retail and institutional investors through the numbers, valuation and expansion roadmap behind this homegrown Zambian real estate story. THE OFFER IS NOW OPEN AND LIVE Closes Monday, 16 November 2026. ======================================== KEY VALUATION & OFFER METRICS (NOW UNVEILED): ========================================   • Offer price of K12.76 per share   • 980,000 ordinary shares offered, representing 49% of issued share capital   • Minimum application of 200 shares (K2,552)   • Implied market capitalisation at listing of about K25.52 million   • Allotment preference to Zambian investors in the event of oversubscription   • Debt-free capital structure with no financing costs   • Dividend intention of about 40% of distributable profits, rising to a minimum of 80% after REIT conversion   • 31 fully tenanted units, up from 5 at inception   • Two new developments planned, with an ambition to grow from one building to eight by 2030 =============================== THE INVESTMENT CASE IN SUMMARY: ===============================   1. Low-cost, debt-free model. With no interest burden and minimal maintenance and administrative costs, OSK has posted net margins above 50%, peaking at 87%.   2. Strong demand for affordable housing. Revenue grew 127% in 2024 while rents were held flat for years, and rents were repriced upward in February 2026.   3. Disciplined growth. The payout rewards shareholders while retained income funds expansion. ============= HOW TO APPLY ============= Download the prospectus and apply using the links in the comments below. You can also speak to your stockbroker or to Money Acumen Advisory, the Receiving Agent. Please note that this interview was recorded in April 2026, before the offer opened. The prospectus and the latest offer terms take precedence over any figures discussed in the video. Investment notice. Every investment carries risk. Read the full prospectus, including the risk factors, and seek professional advice before subscribing. Follow Financial Insight Zambia across all platforms. #EconomicNews #CapitalMarkets #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

📈 𝗖𝗔𝗣𝗜𝗧𝗔𝗟 𝗠𝗔𝗥𝗞𝗘𝗧𝗦 𝗤𝗨𝗜𝗖𝗞 𝗧𝗔𝗞𝗘 OneSquareK’s public listing empowers Zambians with direct ownership, proving local businesses can scale and excel on the capital market. — Mafipe Chunga, Co-Founder and CEO, One Square K 👉 youtu.be/R4554L94YL4

𝐅𝐔𝐋𝐋 𝐈𝐍𝐓𝐄𝐑𝐕𝐈𝐄𝐖: 𝐎𝐧𝐞 𝐒𝐪𝐮𝐚𝐫𝐞 𝐊’𝐬 𝐑𝐨𝐚𝐝 𝐭𝐨 𝐋𝐢𝐬𝐭𝐢𝐧𝐠 𝐨𝐧 𝐭𝐡𝐞 𝐋𝐮𝐬𝐚𝐤𝐚 𝐁𝐨𝐮𝐫𝐬𝐞 Mafipe Chunga shares how @OneSquareK1 is preparing its move from private investment to the securities market. Learn the strategy behind scaling local property development. Sitting down with Financial Insight's Mwelwa Kenneth Chibesakunda at the 2nd Zambia Capital Markets Conference & Awards 2026, the CEO traces the company's growth from its initial 14 investors to a structured 31-apartment project. This discussion breaks down the rigorous regulatory process required to prepare for a public listing and why strengthening internal governance is essential for any business entering the finance sector. The conversation also examines the importance of local participation in real estate ventures. Chunga explains how the company proved its model by delivering income-generating assets before seeking public capital, providing a practical roadmap for other SMEs. He highlights how the appetite for local ownership is growing and why long-term relationships with individual investors remain the priority. One Square K is coming to the Lusaka Securities Exchange (LuSE) Alternative Investment Market, with Money Acumen Advisory serving as the Financial Advisor and Sponsoring Broker for the listing transaction. Learn more about the business and how you can participate in this potential listing once the final regulatory approvals are secured. Follow and Subscribe to our channel for updates on the Zambian capital markets, and let us know your thoughts on the future of local listings in the comments below. #CapitalMarkets #FinancialIsnight #FinancialInsight #Get2Know

𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭𝐬 𝟐𝟎𝟑𝟎: 𝐌𝐨𝐛𝐢𝐥𝐢𝐬𝐢𝐧𝐠 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐟𝐨𝐫 𝐙𝐚𝐦𝐛𝐢𝐚’𝐬 𝐆𝐫𝐨𝐰𝐭𝐡 | 𝐍𝐢𝐜𝐡𝐨𝐥𝐚𝐬 𝐊𝐚𝐛𝐚𝐬𝐨, 𝐋𝐮𝐒𝐄 Nicholas Kabaso, CEO of the Lusaka Securities Exchange (LuSE), joins Financial Insight on the sidelines of the 2nd Zambia Capital Markets Conference & Awards (ZCMCA) 2026 at Avani Victoria Falls Resort in Livingstone to reflect on the outcomes of the three-day gathering and the future of Zambia’s capital markets. He unpacks the vision behind the theme, “Capital Markets 2030: Mobilizing Investment for Economic Transformation and Sustainable Growth,” outlining why the market must shift beyond identifying challenges toward practical solutions that mobilise patient, long-term capital for economic transformation. The conversation explores the role capital markets play in driving national economic ambitions, the urgency of bringing more SMEs into the fold, and building a solid pipeline of businesses ready to raise public capital. Kabaso shares key progress on upcoming listings—including the OneSquareK (OSK) Property Development Plc offer—and lessons learned from previous alternative-market listings. Additionally, he details LuSE’s strategic agreements aimed at boosting market liquidity and laying the groundwork for emerging innovations like tokenisation and blockchain-based securities, while acknowledging Zambia’s evolving regulatory framework. Kabaso wraps up by reflecting on the 2nd ZCMCA Awards ceremony and the deliberate steps taken to refine the judging process following the inaugural edition. Follow us and subscribe to our YouTube channel for weekly updates on the Zambian financial sector, and let us know your thoughts on the future of local listings in the comments below! #ZCMCA2026 #CapitalMarkets2030 #MediaMachine #FinancialInsight #Get2Know

𝐒𝐓𝐑𝐄𝐀𝐌𝐈𝐍𝐆 𝐍𝐎𝐖 | 𝖥𝗋𝗈𝗆 𝟣𝟦 𝖨𝗇𝗏𝖾𝗌𝗍𝗈𝗋𝗌 𝗍𝗈 𝗍𝗁𝖾 𝖢𝖺𝗉𝗂𝗍𝖺𝗅 𝖬𝖺𝗋𝗄𝖾𝗍: 𝖮𝗇𝖾𝖲𝗊𝗎𝖺𝗋𝖾𝖪’𝗌 𝖱𝗈𝖺𝖽 𝗍𝗈 𝖫𝗂𝗌𝗍𝗂𝗇𝗀 | 𝖬𝖺𝖿𝗂𝗉𝖾 𝖢𝗁𝗎𝗇𝗀𝖺 Mafipe Chunga, CEO of @OneSquareK1, shares the company's journey toward a capital market listing and scaling property development. Sitting down with Financial Insight at the 2nd Zambia Capital Markets Conference & Awards, Mafipe Chunga explains how OSK transitioned from an initial group of 14 investors to a structured public offering. The conversation highlights the rigorous regulatory process involved in preparing for a capital market listing and how this scrutiny has strengthened the firm's governance and internal systems. We discuss the company's unique investment model, which focused on income-generating apartments before reinvesting capital into new projects. Chunga also offers practical advice for other local businesses navigating SME finance, emphasising the importance of building robust systems before inviting public participation in property development. Follow for weekly insights on the Zambian financial sector, and let us know your questions on local market listings in the comments below. WATCH THE FULL EPISODE ON YOUTUBE (Link in THREAD) #ZCMCA2026 #OneSquareK #CapitalMarkets #MediaMachine #FinancialInsight #Get2Know

OSK RECAP! The Ministry of Infrastructure is actively working to foster economic growth in Zambia by encouraging citizen participation in programmes and investments. Mr. Denis Kasonde, Director at the Ministry of Infrastructure and Urban Development, emphasised the need to break down corporate mindsets and create an enabling environment for citizens to participate in initiatives and investments. By facilitating opportunities for projects like One Square K Property Development Limited, the ministry aims to empower citizens to help develop the country, with infrastructure and urban development remaining key focus areas and a clear readiness to collaborate on turning ideas into action. This collaborative approach builds confidence in accessing public capital for expansion and signals growing participation in Zambia’s capital markets. With Money Acumen Advisory as Lead Transaction Advisor and Sponsor, One Square K Property Development Limited has expressed its intent to list on the Lusaka Securities Exchange Plc Alternative Investment Market, subject to the clearance of all regulatory approvals. #CapitalMarkets # EconomicGrowth #FinancialInsight #Get2Know

A significant transformation is underway in Lusaka and across Zambia, driven by a rapidly growing population, particularly those under 25. Traditional housing models do not meet the needs of young professionals seeking modern, affordable living spaces. In the words of Mr Mafipe M Chunga, Managing Director and Co-Founder of One Square K, the company is pioneering a new approach by developing disciplined and efficient property solutions designed for young people. This model not only provides a beautiful, modern starting point but has also proven profitable. Fourteen individuals financed the construction of 31 modern apartments, generating over one million kwacha profit annually for the past two years. With 20 applicants for every available apartment, demand is clear. This is an invitation to partner in a proven model that addresses a critical market need and offers significant growth potential. With support from Money Acumen Advisory, One Square K has now signalled its intent to list on the Lusaka Securities Exchange Plc Alternative Market, subject to regulatory approvals, positioning the listing as an opportunity for more Zambians to participate as shareholders and partner in scaling a model designed for the country’s next generation. #PropertyDevelopment #AffordableHousing #RealEstate #CapitalMarket #Get2Know

A landmark moment for the Lusaka Securities Exchange Plc (LuSE) as One Square K Property Developers signals its proposed listing on the Alternative Investment Market (AIM), subject to regulatory approval. In an interview with Financial Insight, LuSE CEO Nicholas Kabaso shared the following insights. This would mark the second property sector listing on AIM within six months, highlighting the exchange's growing appeal and accessibility for businesses seeking long-term funding. Nicholas, CEO of LuSE, emphasized the strategic advantage of AIM for property businesses, noting that it offers a more suitable funding model than short to medium-term markets. A key incentive for issuers is that listing on AIM is at no cost, eliminating admission fees for issuers and registration fees with The Securities and Exchange Commission, Zambia (SEC). This initiative aims to lower the barrier to entry for businesses, encouraging broader participation in the capital markets. LuSE anticipates further growth with upcoming listings, including a sustainability bond and new issuers in the financial, manufacturing, and mining sectors. The exchange is seeing increased participation from both institutional and retail investors, reflecting a growing sense of ownership in Zambia's economy and a rise in market capitalization. The goal is for market capitalization to rival Zambia's GDP, serving as a true barometer of private sector activity. #PropertyDevelopment #Investment #FinancialInsight #Get2Know

OSK RECAP! What if the future of real estate starts in the places we once overlooked? Mafipe M Chunga, Managing Director & Co-Founder of @OneSquareK1, shares how a vision for urban redevelopment in Lusaka evolved from a small boarding hostel into a 31-unit modern studio apartment complex built entirely without debt. Embracing transparency and opening the project to investors, the team accelerated construction, reduced rental costs, and created high-quality accommodation for young Zambians, with demand now far exceeding supply. One Square K, with Money Acumen Advisory Ltd as transaction structurer, has a planned listing on the Lusaka Securities Exchange Plc Alternative Market, subject to regulatory approval. #FinancialInsight #Get2Know

Public-private partnerships are vital for infrastructure, but impact is amplified with smaller, distributed projects. Instead of one developer for 2,000 student accommodations, empowering 10 developers for 200 each mitigates risk and fosters broader growth.

𝐎𝐧𝐞 𝐒𝐪𝐮𝐚𝐫𝐞 𝐊 𝐌𝐚𝐫𝐤𝐞𝐭 𝐁𝐮𝐳𝐳 “I am so proud of 1SK, really, really am.” – Inutu Zaloumis, Managing Director & Founder, Pam Golding Properties Zambia #FinancialInsight #Get2Know