Board Meeting of United Bank Limited

  Secretary's Department

UBL/Closed Period/BOD-228/20

27 July 2020

The General Manager

Pakistan Stock Exchange Limited

Stock Exchange Building

Stock Exchange Road

Karachi

BOARD MEETING OF UNITED BANK LIMITED ("UBL")

This is to inform you that 228th Meeting of the Board of Directors of the UBL will be held on Wednesday, 05 August 2020 through video conference at 04:00 p.m. (Pakistan Standard Time) inter-alia, to consider and approve the Condensed Interim Financial Statements of UBL for the Half Year ended 30 June 2020 for declaration of any entitlement.

The Bank has declared the "Closed period" from 28 July 2020 to 06 August 2020 (both days inclusive) as required under Clause 5.6.4 of the PSX Regulations. Accordingly, no Directors, CEO or Executive shall, directly / indirectly, deal in the Shares of the Company in any manner during the Closed Period.

Please note that the Directors of UBL are presently at different locations globally, therefore, the meeting will start at 4:00 p.m. Pakistan Standard Time on 05 August 2020 through video conference i.e. after close of the Pakistan Stock Exchange (PSX). Therefore, the half yearly accounts and announcement, if any, will be made on the next working day, i.e. 06 August 2020 (early morning).

You may please inform the TRE Certificate Holders of the Exchange accordingly.

Yours faithfully

Sd/-

Aqeel Ahmed Nasir

Company Secretary &

Chief Legal Counsel

C.C to:

1) London Stock Exchange, London UK.

2) Citibank N.A, Karachi Branch, Custodian of UBL GDRs.

3) The Commissioner, Enforcement & Monitoring Division, SECP, Islamabad