Notice of Election of Directors

Regional Operations Centre The Avanceon Building

19 km Main Multan Road

Lahore 54660 Pakistan

14 May 2026 AVN/PSX/EN/14052026

The General Manager,

Pakistan Stock Exchange Limited. Stock Exchange Building,

Stock Exchange Road, Karachi.

Subject: Notice of Election of Directors of Avanceon Limited.

Dear Sir,

We refer to our notice regarding the Annual General Meeting (the "AGM") of Avanceon Limited (the "Company") posted on dated 04 May 2026 and pursuant to section 159(4) of the Companies Act, 2017, please find enclosed herewith the Notice of Election of Directors of the Company, which has been duly published in the newspapers, namely Business Recorder [English] and 92 News [Urdu], on Thursday, 14 May 2026, in compliance with the requirement to publish the same not later than seven (7) days prior to the date of the AGM.

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

Faisal Nadeem Sheikh | Company Secretary cc:

Director/HOD,

Surveillance, Supervision and Enforcement Department, Securities and Exchange Commission of Pakistan

NIC Building, 63 Jinnah Avenue, Blue Area, Islamabad

www.avanceon.ae | Enquiries: support@avanceon.ae

To morreuv*s sol utians, tc›day. NGEVN LIMITED

Members of Avanceon Limited (the "Company"), pursuant to section 1fi9(4) of the Companies Act, 2017, are hereby notified that the following persons have filed with the Company notices of their intention to offer themselves for election of directors of the Company, at the forthcoming 23" Annual General Meeting (the "AGM"), scheduled to be held on Saturday, 23 May 2026 at 02:00 P.M. at The Nishat Hotel, Grand Imperial Hall, 9-A, 3rd Floor, Gulberg III, Mian Mehmood Ali Kasuri Road, Lahore

The directors of the Company in their meeting held on 1fi April 2026 have fixed the number of directors to be elected in the AGM to be seven (07).

1. Mr. Bakhtiar Hameed Wain

2. Mr. Khalid Hamid Wain

3. Mr. Amir Wain

4. Mr. Tanveer Karamat

5. Mr. Mohammad Shahid Mir

6. Ms. Faaria Rehman Salahuddin

7. Ms. Selina Saadia Rashid Khan

Since the number of candidates who have offered themselves for election are equivalent to the number of Directors to be elected, therefore, pursuant to section 1fi9(fi) of the Companies Act, 2017, the above mentioned candidates will be deemed to be elected at the AGM on 23 May 2026.

Faisal Nadeem Sheikh | Company Secretary Lahore | Dated: 14 May 2026

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