Engro : RESOLUTIONS PASSED AT THE 58TH ANNUAL GENERAL MEETING OF ENGRO CORPORATION LIMITED

April 26, 2024

The General Manager

Pakistan Stock Exchange Limited

Stock Exchange Building

Stock Exchange Road

Karachi

Dear Sir / Madam,

Subject: RESOLUTIONS PASSED AT THE 58TH ANNUAL GENERAL MEETING OF ENGRO CORPORATION LIMITED

Please find enclosed herewith the resolutions passed by the Members at the 58th Annual General Meeting of Engro Corporation Limited held on April 25, 2024. You may circulate the same amongst the TRE Certificate Holders of the Exchange accordingly.

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

For and on behalf of

ENGRO CORPORATION LIMITED

MOHAMMAD YASIR KHAN

Company Secretary

Copied:

Director / HOD

Surveillance, Supervision and Enforcement Department

Securities and Exchange Commission of Pakistan

NIC Building, 63 Jinnah Avenue

Blue Area, Islamabad

RESOLUTIONS PASSED AT THE 58TH ANNUAL GENERAL MEETING OF

ENGRO CORPORATION LIMITED (the "Company")

1. Approval of the Company's Audited Financial Statements for the year ended December 31, 2023 and the Directors' and Auditor's Reports thereon and the Chairman's Review Report.
   "RESOLVED THAT the Annual Audited Financial Statements, both standalone and consolidated, of the Company for the year ended December 31, 2023 together with the
   Directors' Report, Auditor's Report and the Chairman's Review, Statement of Compliance with Listed Companies (Code of Corporate Governance) Regulations, 2019 and Auditor's Review Report on the said Statement of Compliance, be, and are hereby approved."
2. Declaration and approval, as recommended by the Board, the payment of the Final Cash Dividend.
   "RESOLVED THAT, in addition to the interim cash dividend of Rs. 46.00 per share already declared and paid during the year, the final cash dividend for the year ended December 31, 2023 at the rate of Rs. 2.00 per share (20%), be and is hereby declared payable to those shareholders whose names appeared in the Register of Members of the Company on April 16, 2024, as recommended by the Directors.
3. Appointment of Auditors for the year 2024 and to fix their remuneration.
   "RESOLVED THAT the Messers, A. F. Ferguson & Co., Chartered Accountants, be and are hereby re-appointed as external Auditors of the Company for a term ending at the conclusion of the next Annual General Meeting at a fee of Rs. 1,963,000/-. In addition, any Federal or Provincial taxes and reimbursements of out-of-pocket expenses will be paid at actuals."
4. Election of Directors.
   RESOLVED THAT the persons name below are deemed to have been elected as Directors of the Company for a term of three years commencing from April 25, 2024:
5. 1. Mr. Hussain Dawood
   2. Mr. Abdul Samad Dawood
   3. Ms. Sabrina Dawood
   4. Mr. Rizwan Diwan
   5. Mr. S. M. Parvez Ghias
   6. Mr. Shabbir H. Hashmi
   7. Ms. Samar Masood Soofi

5. To approve Ordinary Resolution for the circulation of the Annual Report (including the audited financial statements, auditor's report, directors' report, chairman's review report, notice of the shareholders' meeting) to the Members of the Company through weblink and QR enabled code, in accordance with Section 223(6) of the Companies Act, 2017 read with S.R.O. 389(I)/2023 dated March 21, 2023.

"RESOLVED THAT Engro Corporation Limited (the "Company") be and is hereby authorized to circulate its annual report including Annual Audited Financial Statements,

Auditor's Report, Directors' Report, Chairman's Review Report, Notice of the Shareholders' Meeting and other reports contained therein to the Members of the

Company through weblink and QR enabled code."