Transmission of Quarterly Report for the 3rd quarter ended March 31, 2026 of BRR Guardian Limited

Q U

Un-Audited Standalone & Consolidated

Condensed Interim Financial Information For The Quarter Ended

March 31, 2026 A

R T E R L Y R E P O R T

BRR Guardian Limited 2026

Contents Page

Corporate Information 03

05

Directors' Report 04

Condensed Interim Statement of Financial Position 06

Condensed Interim Statement of Profit or Loss 07

Condensed Interim Statement of Comprehensive Income 08

Condensed Interim Statement of Cash Flows 09

Condensed Interim Statement of Changes in Equity 10

Notes to the Condensed Interim Financial Information 11

Contents Page

Directors' Report to the Consolidated Condensed

17

Interim Financial Information 16

Consolidated Condensed Interim Statement of Financial Position 18

Consolidated Condensed Interim Statement of Profit or Loss 19

Consolidated Condensed Interim Statement of Comprehensive Income 20

Consolidated Condensed Interim Statement of Cash Flows 21

Consolidated Condensed Interim Statement of Changes in Equity 22

Notes to the Consolidated Condensed Interim Financial Information 23

CORPORATE INFORMATION

Shariah Advisor

Chief Financial Officer

Mufti Muhammad Aqeel Syed Tariq Masood

Company Secretary Mr. Tahir Mehmood Head of Internal Audit Abdul Rahman Subhan

Auditors Crowe Hussain Chaudhury & Co. Chartered Accountants Shariah Auditors S.M. Suhail & Co. Chartered Accountants

Legal Advisor Malik & Malik Law Associates

Bankers

Web-site

Registered Office & Head Office

Registrars

Al-Baraka Bank (Pakistan) Limited Habib Metropolition Bank Limited

https://www.firstdawood.com/brrgl

20th Floor BRR Tower, Hassan Ali Street, off: I. I. Chundrigar Road, Karachi-74000.

Tel No. : 92 (21) 32602401-6 and 32270181-6

Email : brr@firstdawood.com

F.D. Registrar Services (Pvt.) Limited

Suit 1705 - A. 17th Floor, Saima Trade Tower,

I.I. Chundrigar Road, Karachi.

Tel No. (92-21) 32271905-6 (92-21) 32213243

E-mail: info@fdregistrar.com complain@fdregistrar.com fdregistrar@yahoo.com

Branch Offices Office No. 405 4th Floor, 55-B, ISE Tower Jinnah Avenue, Islamabad

Security Vault

G-187, Block-2, Shahrah-e-Quaideen, PECHS Karachi-754000

DIRECTORS' REPORT

Dear Shareholders,

On behalf of the Board of Directors of BRR. Guardian Limited ('BRRG'), it gives us great pleasure to present to you the 3rd Quarter Condensed Interim Financial Statements for the nine months ended March 31, 2026.

FINANCIAL PERFORMANCE:

Despite a challenging global landscape marked by the unprovoked attack on Iran by Israel and The United States of America that have impacted capital markets, including the Pakistan Stock Exchange (PSX), BRRG has demonstrated remarkable resilience and operational strength. Our core business fundamentals remain robust, ensuring a stable foundation for future growth.

During the period, rental income demonstrated a significant growth of 17.63%, which increased to Rs.255.218 million from Rs.216.961 million in prior period. This growth underscores the efficiency of our asset management strategies, providing a reliable and expanding stream of core revenue. The broader economic climate and volatility in the equity markets during the quarter led to a slight adjustment in our investment valuation resulting in a moderate decline in profit before levy & taxation to Rs. 665.296 million from Rs.709.368 million in prior period and Earnings per share (EPS) of Rs.5.96 with a decrease of 4.8%. After accounting for levy and taxation of Rs. 99.463 million, the net profit stood at Rs. 565.833 million.

CONCLUSION / FUTURE PROSPECT:

We are closely monitoring the business scenario, aiming to sustain profitable growth and create value for shareholders. In sha Allah, peace will be achieved in the middle east, resulting in improved PSX performance and better results for your company.

On Behalf of the Board of Directors

BRR Guardian Limited

Junaid Sakhi Ayaz Dawood

Director Chief Executive Officer

April 21, 2026

Karachi

2026

4.8%

99.463

709.368

665.296

565.833

5.96

216.961

21

2026

Condensed Interim Statement of Financial Position

As At March 31, 2026 (Un-Audited)

ASSETS

NON CURRENT ASSETS

(Un-audited) (Audited)

March 31, June 30,

2026 2025

Note ---------------(Rupees)---------------

The annexed notes from 1 to 14 form an integral part of these condensed interim financial information.

Condensed Interim Statement of Profit or Loss

For The Nine Months And Quarter Ended March 31, 2026 (Un-Audited)

The annexed notes from 1 to 14 form an integral part of these condensed interim financial information.

Condensed Interim Statement of Comprehensive Income For The Nine Months And Quarter Ended March 31, 2026 (Un-Audited)

Nine Months Ended Quarter Ended

March 31, March 31,

2026 2025

March 31,

2026

March 31,

2025

<---------------------------- Rupees >

The annexed notes from 1 to 14 form an integral part of these condensed interim financial information.

Condensed Interim Statement of Cash Flows For The Nine Months Period Ended March 31, 2026

(Un-Audited)

A. CASH FLOW FROM OPERATING ACTIVITIES

March 31, March 31,

2026 2025

------------------- Rupees --------------

Profit before taxation 665,296,637 709,368,417

Adjustment for non-cash and other items

The annexed notes from 1 to 14 form an integral part of these condensed interim financial information.

Condensed Interim Statement of Changes In Equity For The Nine Months Period Ended March 31, 2026 (Un-Audited)

--------------------------------------------------Rupees------------------------------------------------

Balance as at July 01, 2024 950,084,890 1,130,801,550 881,703,899 579,496,764 3,542,087,103

Profit for the nine months ended March 31, 2025 Other comprehensive income

The annexed notes from 1 to 14 form an integral part of these condensed interim financial information.

Director

Chief Executive Officer

Chief Financial Officer

Notes To The Condensed Interim Financial Information For The Nine Months Period Ended March 31, 2026

(Un-Audited)

1. LEGAL STATUS AND NATURE OF THE BUSINESS

   1. BRR Guardian Limited ('the Company' or 'BRRGL') was incorporated in Pakistan on December 16, 2021 as a public limited company (un-listed) under Company Act, 2017. Subsequently, the Company has listed on Pakistan Stock Exchange on August 04, 2023 and is now a public listed company. The principle line of business of the company is marketing and development of all type of real estate including developed or undeveloped land, housing or commercial projects including commercial markets or multistoried building ( for commercial or residential purposes), shopping centers, restaurants, hotels, recreational facilities etc. with the permission of concerned authorities and compliance with applicable laws and regulations. The registered office of the Company is situated at 20th floor, B.R.R Tower, Hassan Ali Street. I.I Chundrigar Road, Karachi. It is to be noted that during prior year, the Company has acquired modaraba business however the business of ijarah leasing and diminishing musharika have been discontinued after the amalgamation and the existing contracts are live for recovery purposes only.

      These represent the standalone financial statements of the Company.

2. BASIS OF PREPARATION

   These condensed interim financial information have been prepared under the historical cost conventions, except that certain financial instruments have been included at fair value in accordance with the recognition / measurement criteria mentioned in the relevant international standards applicable.

   These condensed interim financial information are unaudited and are submitted to Shareholders and have been prepared in accordance with International Accounting Standard - 34 "Interim Financial Reporting" as applicable in Pakistan.

3. SIGNIFICANT ACCOUNTING POLICIES

   The accounting policies and methods of computation followed in the preparation of these condensed interim financial information are the same as those applied in preparing the audited financial statements for the year ended June 30, 2025.

4. PROPERTY, PLANT AND EQUIPMENT

   Note

   (Un-audited) (Audited)

   March 31, June 30,

   2026 2025

   ---------------(Rupees)---------------

   Property and equipment - owned

   Property, plant and equipment - Ijarah / leased

   4.1 118,263,533 112,606,517

   9,174,820 9,174,820

   127,438,353 121,781,337

   1. Property and equipment - Owned

      Following additions at cost and disposals in assets in own use, at cost, were made during the period:

      --------------Additions---------------------------Disposals -------------

      (Un-audited)		(Audited)	(Un-audited)	(Audited)
      March 31,		June 30,	March 31,	June 30,
      2026		2025	2026	2025
      ---------------(Rupees)---------------
      Lockers	-	4,156,000	-	-
      Furniture and fixtures	-	6,100,000	-	-
      Vehicles	27,907,310	10,196,896	9,714,170	7,937,467
      Office equipment and computers	5,006,208	23,935,780	244,400	380,500
      	32,913,518	44,388,676	9,958,570	8,317,967

5. INVESTMENT PROPERTIES

   Note

   (Un-audited) (Audited)

   March 31, June 30,

   2026 2025

   ---------------(Rupees)---------------

   Investment properties	5.1	839,617,233	872,363,678
   Capital work-in-progress		48,574,164	21,499,452
   		888,191,397	893,863,130

   1. No addition / disposals were made in invesment property during the period.

   2. This includes Rs.39.485 million paid to the Lahore Development Authority (LDA) as part of the permanent commercialization fee for Plot No. 57-B, Block B/III, Gulberg-III, Lahore.

6. LONG TERM INVESTMENT

   In unquoted wholly owned subsidiary company - at cost

   BRR Financial Services (Private) Limited 5,500,000 ordinary shares

   of Rs. 10 each (June 30, 2025: 5,500,000 shares)	55,000,000	55,000,000
   Less: Impairment reserve	-	(11,945,991)
   	55,000,000	43,054,009

   1. The net assets of BRR Financial Services (Private) Limited based on latest audited financial statement as at June 30, 2025 amounted to Rs. 380.197 million (June 30,2024 : Rs. 266.009 million).

7. SHORT TERM INVESTMENTS

   Fair value through profit or loss

   Fair value through other comprehensive income

   1. Fair value through profit or loss -FVTPL

      Listed ordinary shares Mutual fund units Preference Shares Listed debt securities

      Deliverable future contracts

      7.1

   2. 3,124,586,609	2,583,744,586
      1,923,510,213	1,368,294,728

      5,048,096,822 3,952,039,314

      2,957,858,067 2,376,823,769

      69,012,256 180,614,520

      13,171,811 13,013,797

      - 13,292,500

      84,544,475 -

      3,124,586,609 2,583,744,586

      7.2 Fair value through other comprehensive income - FVTOCI

      Listed ordinary shares Unlisted ordinary shares

      Less: Provision for diminution in the value of investments

8. RESERVES

   Capital reserve

   Merger reserve

   Surplus on revaluation of FVTOCI investment

   Revenue reserve

   Accumulated profit

   1,847,532,088	1,298,730,454
   86,231,686	79,817,835

   1,933,763,774 1,378,548,289

   (10,253,561) (10,253,561)

   1,923,510,213 1,368,294,728

   1,130,801,550 1,130,801,550

   1,629,617,831 1,154,538,492

   2,760,419,381 2,285,340,042

   1,702,610,839 1,182,757,089

   4,463,030,220 3,468,097,131

9. CONTINGENCIES AND COMMITMENTS

   1. There is no significant change in the status of contingencies as reported in note 24 to the annual audited financial statement of the BRR Guardian Limited for the year ended June 30, 2025.

(Un-audited) (Un-audited) March 31, March 31,

10

Unrealised gain on revaluation of FVTPL investment Less: Commission and brokerage expense

1. TAXATION

   Prior year tax Current tax Deferred tax

   501,125,527 555,601,839

   596,503,537 674,864,865

   (4,172,215) (3,252,374)

   592,331,322 671,612,492

   4,551,980 609,060

   25,637,520 23,605,780

   65,835,924 87,589,462

   96,025,424 111,804,302

   1. The aggreagate of Levy representing final tax of Rs.3.438 million (March 31, 2025 : Rs.2.496 million) and current tax charge of Rs. 25.637 million (March 31, 2025 : Rs.23.605 million ) amounting to Rs.29.075 million (March 31, 2025 : Rs.26.101 million) represents the total tax liability of the company for the period.

2. RELATED PARTY TRANSACTIONS

   The company has related party relationship with it associated undertakings, employee benefit plans, and its key management personnel.

   The details of related party transactions, other than remuneration and benefits to key management personnel under the terms of their employment, as at March 31, 2026 are as follows :

   Relationship with the Company

   1. Transactions during the period

      	Musharaka finance received-net	-	10,000,000
      BRR Investment (Private) Limited	musharaka finance repaid	-	10,000,000
      	Profit paid on musharaka finance	-	211,266
      	Rental received against property	6,009,156	5,793,276
      	Group life takaful paid	2,061,087	1,806,572
      Dawood Family Takaful Limited	Musharaka finance received - net	-	34,000,000
      	Musharaka finance repaid	-	34,000,000
      	Profit paid on musharaka finance	-	323,678
      First Dawood Employees Provident Fund	Transfer to provident fund	5,516,573	4,331,737
      Hydrochina Dawood Power (Pvt) Limited	Rent received against property	3,756,085	3,725,364
      Dawood Global Foundation	Charity paid	707,856	-

      Associated companies / other related parties

      Nature of transactions

      (Un-audited) (Un-audited) March 31, March 31,

      2026 2025

      ---------------(Rupees)---------------

      Relationship with the Company

   2. Period end balances

      Associated companies / other related parties

      Hydrochina Dawood Power (Private) Ltd.

      Nature of Balances

      Advance rental Rent receivable Security deposit

      (Un-audited) (Audited)

      March 31, June 30,

      2026 2025

      ---------------(Rupees)---------------

      887,623 -

      - 57,060

      60,000 60,000

      BRR Investment (Private) Limited Dawood Family Takaful Limited

      First Dawood Employees Provident Fund Dawood Global Foundation

      Receivable / Payable - -

      Rent Receivable - -

      Receivable / Payable - -

      Receivable / Payable - -

3. DATE OF AUTHORISATION FOR ISSUE

   These condensed interim financial information was authorised for issue on April 21, 2026 by the Board of Directors of BRR Guardian Limited.

4. GENERAL

Figures have been rounded off to the nearest Rupee.

Director

Chief Executive Officer

Chief Financial Officer

Un-Audited Consolidated Condensed Interim

Financial Information For The Quarter Ended March 31, 2026

DIRECTORS' REPORT

Dear Shareholders,

On behalf of the Board of Directors of BRR. Guardian Limited ('BRRG'), it gives us great pleasure to present to you the 3rd Quarter Consolidated Condensed Interim Financial Statements for the nine months ended March 31, 2026.

FINANCIAL PERFORMANCE:

Despite a challenging global landscape marked by the unprovoked attack on Iran by Israel and The United States of America that have impacted capital markets, including the Pakistan Stock Exchange (PSX), BRRG has demonstrated remarkable resilience and operational strength. Our core business fundamentals remain robust, ensuring a stable foundation for future growth.

During the period, rental income demonstrated a significant growth of 17.63%, which increased to Rs.255.218 million from Rs.216.961 million in prior period. This growth underscores the efficiency of our asset management strategies, providing a reliable and expanding stream of core revenue. The broader economic climate and volatility in the equity markets during the quarter led to a slight adjustment in our investment valuation resulting in a moderate decline in profit before levy & taxation to Rs. 666.312 million from Rs.734.14 million in prior period and Earnings per share (EPS) of Rs.5.97 with a decrease of 8.4%. After accounting for levy and taxation of Rs. 99.496 million, the net profit stood at Rs. 566.82 million.

CONCLUSION / FUTURE PROSPECT:

We are closely monitoring the business scenario, aiming to sustain profitable growth and create value for shareholders. In sha Allah, peace will be achieved in the middle east, resulting in improved PSX performance and better results for your company.

BRR Guardian Limited

Mr. Amer Maqbool

Chairman

Ayaz Dawood

Chief Executive Officer

April 21, 2026

Karachi

2026

5.97

8.4

734.14

666.312

566.82

99.496

21

2026

Consolidated Condensed Interim Statement of Financial Position

As At March 31, 2026 (Un-Audited)

(Un-audited) (Audited)

March 31, June 30,

2026 2025

Note ---------------(Rupees)---------------

The annexed notes from 1 to 13 form an integral part of these consolidated condensed interim financial information.

Consolidated Condensed Interim Statement of Profit or Loss For The Nine Months And Quarter Ended March 31, 2026 (Un-Audited)

Nine Months Ended Quarter Ended

The annexed notes from 1 to 13 form an integral part of these consolidated condensed interim financial information.

Consolidated Condensed Interim Statement of Comprehensive Income For The Nine Months And Quarter Ended March 31, 2026

(Un-Audited)

Profit after taxation

Other comprehensive income

Unrealized gain / (loss) on revaluation of fair value through OCI investments - net of deferred tax

Total comprehensive income 1,174,113,561 978,988,615 (730,223,772) (345,538,777)

The annexed notes from 1 to 13 form an integral part of these consolidated condensed interim financial information.

Consolidated Condensed Interim Statement of Cash Flows For The Nine Months Period Ended March 31, 2026

(Un-Audited)

A CASH FLOW FROM OPERATING ACTIVITIES

March 31, March 31,

2026 2025

------------------- Rupees --------------

Profit before taxation 666,312,638 734,137,851

Adjustment for non-cash and other items

The annexed notes from 1 to 13 form an integral part of these consolidated condensed interim financial information.

Consolidated Condensed Interim Statement of Changes In Equity For The Nine Months Period Ended March 31, 2026

(Un-Audited)

--------------------------------------------------Rupees------------------------------------------------

Balance as at July 01, 2024 950,084,890 1,130,801,550 1,088,115,534 596,040,381 3,765,042,355

Profit for the nine months ended March 31, 2025 Other comprehensive income

The annexed notes from 1 to 13 form an integral part of these consolidated condensed interim financial information.

Consolidated Notes To The Condensed Interim Financial Information For The Nine Months Period Ended March 31, 2026

(Un-Audited)

1. LEGAL STATUS AND NATURE OF THE BUSINESS

   These consolidated financial statements consist of the following group companies:

   1. Holding Company

      1. BRR Guardian Limited ('the Company' or 'BRRGL') was incorporated in Pakistan on December 16, 2021 as a public limited company (un-listed) under Company Act, 2017. Subsequently, the Company has listed on Pakistan Stock Exchange on August 04, 2023 and is now a public listed company. The principle line of business of the company is marketing and development of all type of real estate including developed or undeveloped land, housing or commercial projects including commercial markets or multistoried building ( for commercial or residential purposes), shopping centers, restaurants, hotels, recreational facilities etc. with the permission of concerned authorities and compliance with applicable laws and regulations. The registered office of the Company is situated at 20th floor, B.R.R Tower, Hassan Ali Street. I.I Chundrigar Road, Karachi. It is to be noted that during prior year, the Company has acquired modaraba business however the business of ijarah leasing and diminishing musharika have been discontinued after the amalgamation and the existing contracts are live for recovery purposes only.

      2. Subsidiary Company

      The group comprises of the following subsidiary company:

      In prior year, pursuant to the scheme of amalgamation, the Company has acquired a wholly owned subsidiary namely BRR Financial Services (Private) Limited (the Subsidiary) which was incorporated on November 30, 2015 under the Companies Ordinance 1984, now Companies Act 2017. The principal business activity of the Company is to render brokerage service in capital and money market and to render other consultancy services etc. The registered office at 18th Floor, B.R.R Towers, Hassan Ali Street off I.I. Chundrigar Road, Karachi.

      The Company is wholly owned subsidiary of BRR Guardian Limited.

2. BASIS OF PREPARATION

   These consolidated condensed interim financial information have been prepared under the historical cost conventions, except that certain financial instruments have been included at fair value in accordance with the recognition / measurement criteria mentioned in the relevant international standards applicable.

   These consolidated condensed interim financial information are unaudited and are submitted to Shareholders and have been prepared in accordance with International Accounting Standard - 34 "Interim Financial Reporting" as applicable in Pakistan.

3. SIGNIFICANT ACCOUNTING POLICIES

   The accounting policies and methods of computation followed in the preparation of these consolidated condensed interim financial information are the same as those applied in preparing the audited financial statements for the year ended June 30, 2025.

4. PROPERTY, PLANT AND EQUIPMENT

   Note

   (Un-audited) (Audited)

   March 31, June 30,

   2026 2025

   ---------------(Rupees)---------------

   Property and equipment - owned

   Property, plant and equipment - Ijarah / leased

   4.1 118,263,533 112,606,517

   9,174,820 9,174,820

   127,438,353 121,781,337

   1. Property and equipment - Owned

      Following additions at cost and disposals in assets in own use, at cost, were made during the period:

      --------------Additions---------------------------Disposals -------------

      (Un-audited)		(Audited)	(Un-audited)	(Audited)
      March 31,		June 30,	March 31,	June 30,
      2026		2025	2026	2025
      ---------------(Rupees)---------------
      Lockers	-	4,156,000	-	-
      Furniture and fixtures	-	6,100,000	-	-
      Vehicles	27,907,310	10,196,896	9,714,170	7,937,467
      Office equipment and computers	5,006,208	23,935,780	244,400	380,500
      	32,913,518	44,388,676	9,958,570	8,317,967

5. INVESTMENT PROPERTIES

   Note

   (Un-audited) (Audited)

   March 31, June 30,

   2026 2025

   ---------------(Rupees)---------------

   Investment properties	5.1	839,617,233	872,363,678
   Capital work-in-progress		48,574,164	21,499,452
   		888,191,397	893,863,130

   1. No addition / disposals were made in invesment property during the period.

   2. This includes Rs.39.485 million paid to the Lahore Development Authority (LDA) as part of the permanent commercialization fee for Plot No. 57-B, Block B/III, Gulberg-III, Lahore.

6. SHORT TERM INVESTMENTS

   Fair value through profit or loss

   Fair value through other comprehensive income

   Note 6.1

   6.2

   (Un-audited) (Audited)

   March 31, June 30,

   2026 2025

   ---------------(Rupees)---------------

   3,209,459,964	2,657,470,307
   2,359,601,220	1,673,692,400

   5,569,061,184 4,331,162,707

   6.1 Fair value through profit or loss -FVTPL Listed ordinary shares	3,032,614,269	2,432,682,723
   Mutual fund units	79,129,409	198,481,287
   Preference Shares	13,171,811	13,013,797
   Listed debt securities	-	13,292,500
   Deliverable future contracts	84,544,475	-
   	3,209,459,964	2,657,470,307
   6.2 Fair value through other comprehensive income - FVTOCI
   Listed ordinary shares	2,283,623,095	1,604,128,126
   Unlisted ordinary shares	86,231,686	79,817,835
   	2,369,854,781	1,683,945,961
   Less: Provision for diminution in the value of investments	(10,253,561)	(10,253,561)

   2,359,601,220 1,673,692,400

7. RESERVES

   (Un-audited) (Audited)

   March 31, June 30,

   2026 2025

   ---------------(Rupees)---------------

   Capital reserve

   Merger reserve 1,130,801,550 1,130,801,550

   Surplus on revaluation of FVTOCI investment 2,049,075,302 1,443,302,629

   3,179,876,852 2,574,104,179

   Revenue reserve

   Accumulated profit 1,751,972,877 1,231,136,234

   4,931,849,729 3,805,240,413

8. CONTINGENCIES AND COMMITMENTS

   1. There is no significant change in the status of contingencies as reported in note 23 to the annual audited financial statement of the BRR Guardian Limited for the year ended June 30, 2025.

      (Un-audited) (Un-audited) March 31, March 31,

      2026 2025

9. INVESTMENT INCOME - NET

---------------(Rupees)---------------

10.1 The aggreagate of Levy representing final tax of Rs.3.438 million (March 31, 2025 : Rs.2.496 million) and current tax charge of Rs. 25.637 million (March 31, 2025 : Rs.23.605 million ) amounting to Rs.29.075 million (March 31, 2025 : Rs.26.101 million) represents the total tax liability of the company for the period.

1. RELATED PARTY TRANSACTIONS

   The company has related party relationship with it associated undertakings, employee benefit plans, and its key management personnel.

   The details of related party transactions, other than remuneration and benefits to key management personnel under the terms of their employment, as at March 31, 2026 are as follows :

   Relationship with the Company

   1. Transactions during the period

      Nature of transactions

      (Un-audited) (Un-audited) March 31, March 31,

      2026 2025

      ---------------(Rupees)---------------

      Associated companies / other related parties

      	Musharaka finance received-net	-	10,000,000
      BRR Investment (Private) Limited	musharaka finance repaid	-	10,000,000
      	Profit paid on musharaka finance	-	211,266
      	Rental received against property	6,009,156	5,793,276
      	Group life takaful paid	2,061,087	1,806,572
      Dawood Family Takaful Limited	Musharaka finance received - net	-	34,000,000
      	Musharaka finance repaid	-	34,000,000
      	Profit paid on musharaka finance	-	323,678
      First Dawood Employees Provident Fund	Transfer to provident fund	5,516,573	4,331,737
      Hydrochina Dawood Power (Pvt) Limited	Rent received against property	3,756,085	3,725,364
      Dawood Global Foundation	Charity paid	707,856	-
      		(Un-audited)	(Audited)
      Relationship with the Company	Nature of Balances	March 31, 2026	June 30, 2025

   2. Period end balances

      Associated companies / other related parties

      ---------------(Rupees)---------------

      Hydrochina Dawood Power (Private) Ltd.	Advance rental Rent receivable	887,623 -	-57,060
      	Security deposit	60,000	60,000
      BRR Investment (Private) Limited	Receivable / Payable	-	-
      Dawood Family Takaful Limited	Rent Receivable	-	-
      First Dawood Employees Provident Fund	Receivable / Payable	-	-
      Dawood Global Foundation	Receivable / Payable	-	-

2. DATE OF AUTHORISATION FOR ISSUE

   These condensed interim financial information was authorised for issue on April 21, 2026 by the Board of Directors of BRR Guardian Limited.

3. GENERAL

Figures have been rounded off to the nearest Rupee.

Director

Chief Executive Officer

Chief Financial Officer

BOOK POST . R . B .

Printed Matter

IN SERVICE SINCE 1989 UNDER CERTIFICATE OF POSTING

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B.R.R. SECURITY VAULT

CUSTODIAL & REPOSITORY SERVICE

A DIVISION OF BRR GUARDIAN LIMITED

Country's premier safe deposit locker service offers a unique and effective solution

A purpose built structure designed on the "Fortress Formula"

Computerised access procedures, secure yet quick

Advanced security systems and closed-circuit TV monitors

Full load standby generator with instant automatic switch-on

Specially trained armed guards on duty round the clock

All risks insurance cover, including unaccountable losses

Wide variety of sizes in lockers and cabinets

Convenient service hours.

Opens 365 days of the year

Iƒ undelivered, please return to: 20th Floor BRR Tower, Hassan Ali Street, Off: I.I.Chundrigar Road, Karachi- 74000