RESOLUTIONS 24th AGM HELD ON OCTOBER 28, 2021

CS-04-08 (PSX/LSE/SECP)

October 28, 2021

Subject: RESOLUTIONS PASSED BY THE SHAREHOLDERS IN 24th ANNUAL GENERAL MEETING HELD ON OCTOBER 28, 2021

Dear Sir,

As required under 5.6.9(b) of the rule book of Pakistan Stock Exchange, we are pleased to inform you that the following resolutions were passed by the shareholders in the Annual General Meeting held on October 28, 2021 and the same have been adopted and become effective.

RESOLVED that the Directors' and Auditors' Reports and Company's accounts for the year ended June 30, 2021 be and are hereby approved and adopted.

RESOLVED that appointment of M/s KPMG Taseer Hadi & Co., Chartered Accountants and M/s A.F. Ferguson, Chartered Accountants as the Statutory Auditors of the Company for the year 2021-22 at the fee as recommended by the Board, be and is hereby approved.

RESOLVED that a final cash dividend of 15% of the par value of the shares i.e. Rs 1.5 per ordinary share of Rs 10 each recommended by the Board of Directors (in addition to the three interim dividends already paid during the year) be and is hereby approved for the year ended June 30, 2021.

Yours sincerely,

(Ahmed Hayat Lak)

Company Secretary

Copy:

Director/HOD,

Surveillance, Supervision and Enforcement Department, Securities & Exchange Commission of Pakistan, NIC Building, 63 Jinnah Avenue, Blue Area, Islamabad.