ARIF HABIB GROUP
The General Manager
Pakistan Stock Exchange Limited Stock Exchange Building
Stock Exchange Road Karachi
Sub: Certified Copy of Resolutions passed in Annual General Meeting held on 17tOctober 2025
Dear Sir
With reference to subject cited above, the shareholders of Aisha Steel Mills Limited in their Twenty First Annual General Meeting held today, i.e. on Friday, 17thOctober 2025 at 11:30 a.m. at Stock Exchange Building, Karachi have adopted annual audited financial statements of the Company together with the Directors' and the Auditors' Reports thereon for the year ended 30'hJune 2025, together with resolutions with respect to related party transactions.
The resolutions for the aforementioned matters including resolutions regarding approval of other agenda items have been passed by the shareholders present in person or as proxies or through postal ballot who were entitled to vote thereat. Certified true copy of resolutions passed during the Annual General Meeting is enclosed as Annexure-I in compliance with the PSX Regulations.
Further, minutes of the Annual General Meeting will be submitted to the Exchange within the stipulated time.
Yours faithfully
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Ma z or Raza '..y Company Secretary
CC '
The Registrar of Companies Securities and Exchange Commission of Pakistan Company Registration Office Dawood Centre, Ground Floor, M. T. Khan Road, Civil Lines, Karachi. | Executive Director/HOD Offsite-11 Department, Supervision Division, Securities & Exchange Commission of Pakistan, 63, II C Building, Jinnah Avenue, Blue Area, Islamabad |
AI S HA STE E L
M I L L S L I l•'I I T E D
ANNEXURE - I ARlFHABIBGROUP
Extracts of resolutions passed:1 during the Twentv First Annual General Meeting of Aisha Steel Mills LimiteJ held on 17" October 2025
Resolved that:
The minutes of the Twentieth Annual General Meeting held on 28" October 2024 be and are hereby approved and the Chairman be and is hereby authorized to sign the minutes as token of confirmation.
Resolved that•
The annual auditedfinancial statements of the Company together with the Directors' and the Auditors' Reports thereon for the year ended 30'hJune 2025 be and is hereby approved and adopted.
Resolveil that:
is. A. F. Ferguson & Co., Chartered Accountants be and are hereby approved to be reappointed as external auditors for the year ending 30'h June 2025 at a fee to be mutually agreed.
Special business
The following special resolutions were passed in connection with transactions with related parties :
Resolved that:
The transactions 7 arrangements 7 agreements balances with related parties as disclosed in the auditedfinancial statements for the year ended 30'hJune 2025 be and are hereby approved.
Further resolved that:
The Board of Directors of the Company be and is hereby authorized to approve the transactions to be conducted with Related Parties for the financial year ending 30'hJune 2026 or upto the next annual general meeting.
Further resolved that:
q°"°' "'*
1
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The transactions approved by the Board shall be deemed to have been approved by the shareholders is 207 and7 or 208 of the Companies Act, 2017 (iftriggered) and shall be placed before the shareholders in the next Annual General Meeting for their formal ratification approval is 207 and7 or 208 of the Companies Act, 2017 (if required).
Company Secretary
Certified True Copy
OO