Interim Financial Statements for the quarter ended 31 March 2025

•

Profit before Income Tax for the quarter - Rs. 320 Mn, an increase of Rs. 210 Mn

•

Net fee and commission income grow by Rs. 55 Mn

•

Net gains from derecognition of financial assets at fair value through other comprehensive

income grow by Rs. 246 Mn

•

Bank remains well capitalized and liquid;

o Total Capital Ratio (CAR) at 19.49%

o Liquidity Coverage Ratio (LCR), Rupee at 321.59% and All Currency at 278.20%

o Net Stable Funding Ratio (NSFR) at 136.93%

•

Total Assets grow by Rs. 2 Bn

For the Quarter ended

31-Mar-25 31-Mar-24

Rs. '000 Rs. '000

Change

%

Interest income

2,081,379

2,345,880

(11)

Interest expenses

(1,215,958)

(1,531,638)

21

Net interest income

865,421

814,242

6

Fees and commission income

392,968

317,697

24

Fees and commission expenses

(138,546)

(118,739)

(17)

Net fees and commission income

254,422

198,958

28

Net gains/(losses) from trading

(26)

(3,875)

99

Net gains/(losses) from financial assets at fair value through profit or loss

46,336

84,350

(45)

Net gains/(losses) from derecognition of financial assets

338,324

92,052

268

Net other operating income

26,839

16,515

63

Total other income

411,473

189,042

118

Total operating income

1,531,316

1,202,243

27

Impairment for loans and other losses

Loans and advances to customers

(91,462)

(237,893)

62

Financial assets and other

(34,756)

12,121

(387)

Total impairment for loans and other losses

(126,218)

(225,772)

44

Net operating income

1,405,098

976,470

44

Personnel expenses

(366,348)

(315,268)

(16)

Depreciation and amortization

(81,384)

(81,709)

0

Other operating expenses

(466,827)

(373,040)

(25)

Total operating expenses

(914,559)

(770,017)

(19)

Operating profit/(loss) before taxes on financial services

490,539

206,453

138

Taxes on financial services

(170,742)

(97,069)

(76)

Profit/(Loss) before tax

319,797

109,384

192

Tax expenses

(157,453)

(62,847)

(151)

Profit/(Loss) for the period

162,344

46,537

249

Basic earnings per share (Rs.)

0.18

0.05

249

Diluted earning per share (Rs.)

0.18

0.05

249

Cargills Bank PLC

Statement of Profit or Loss and Other Comprehensive Income

For the Quarter ended

31-Mar-25

31-Mar-24

Change

Rs. '000

Rs. '000

%

Profit/(Loss) for the period

162,344

46,537

249

Other comprehensive income, net of tax

Items that will not be reclassified to profit & loss

Net actuarial gains/(loss) on defined benefit obligation

-

Deferred tax related to the above

-

Change in fair value of investment in equity measured at fair value through

other comprehensive income

-

Deferred tax related to the above

-

-

-

-

Items that are or may be reclassified to profit or loss

Financial assets at Fair Value through Other Comprehensive Income (FVOCI)

Fair value gains/(losses) that arose during the period

Treasury Bills

22,235

20,172

10

Treasury Bonds

(122,952)

316,086

(139)

Fair value (gains)/losses reclassified to Income Statement on disposal

(100,717)

336,258

(130)

Treasury Bills

(154)

(3,556)

96

Treasury Bonds

(338,170)

(88,496)

(282)

Net gains/(losses) on re-measuring Financial assets at FVOCI

(338,324)

(92,052)

(268)

Treasury Bills

22,081

16,616

33

Treasury Bonds

(461,122)

227,590

(303)

Deferred tax related to the above

(439,041)

131,712

244,206

(73,262)

(280)

280

(307,329)

170,944

(280)

Other comprehensive income/(loss) for the period, net of tax

(307,329)

170,944

(280)

Total comprehensive income/(loss) for the period, net of tax

(144,985)

217,481

(167)

Stated capital

Statutory reserve

Fair Value through other comprehensive income reserve

Retained earnings/(losses)

Total

Rs. '000

Rs. '000

Rs. '000

Rs. '000

Rs. '000

Balance as at 01.01.2024 - Audited

Total comprehensive income for the period ended 31.03.2024

Profit for the period

Other comprehensive income, net of tax

Total comprehensive income/(loss) for the period

Transactions with owners in their capacity as owners

Issue of shares

Transfer to statutory reserves

Total transactions with owners

Balance as at 31.03.2024

11,894,421 78,775 1,146,555 (1,176,968)

- - - 46,537

- - 170,944 -

11,942,783

46,537

170,944

- - 170,944 46,537

217,481

- - - -

- - - -

-

-

- - - -

-

11,894,421 78,775 1,317,499 (1,130,431)

12,160,264

Total comprehensive income for the period from 01.04.2024 to 31.12.2024

Profit for the period - - - 604,261

Other comprehensive income/(loss), net of tax - - (580,054) (16,838)

604,261

(596,892)

Total comprehensive income/(loss) for the period

Transactions with owners in their capacity as owners

Issue of shares

Transfer to statutory reserves

Total transactions with owners Balance as at 31.12.2024 - Audited

Total comprehensive income for the period ended 31.03.2025

Profit for the period

Other comprehensive income/(loss), net of tax

Total comprehensive income/(loss) for the period

Transactions with owners in their capacity as owners

Issue of shares

Transfer to statutory reserves

Total transactions with owners

Balance as at 31.03.2025

- - (580,054) 587,423

7,369

- - - -

- 32,540 (32,540)

-

-

- 32,540 - (32,540)

-

11,894,421 111,315 737,445 (575,548)

- - - 162,344

- - (307,329) -

12,167,633

162,344

(307,329)

- - (307,329) 162,344

(144,985)

- - - -

- - -

-

-

- - - -

-

11,894,421 111,315 430,116 (413,204)

12,022,648

Cargills Bank PLC

Statement of Financial Position

As at

31-Mar-25

31-Dec-24

Growth

Assets

Cash and cash equivalents

Balances with Central Bank of Sri Lanka Securities purchased under resale agreements Derivative financial instruments

Financial assets measured at fair value through profit or loss

Financial assets at amortized costs - Loans and advances to other customers Financial assets at amortized costs - Debt and other financial instruments Financial assets measured at fair value through other comprehensive income Property, plant & equipment and right of use assets

Intangible assets Deferred tax assets Other assets

Total assets

Liabilities and equity

Due to banks

Derivative financial instruments

Other financial liabilities measured at fair value through proft or loss Financial liabilities at amortized cost - Due to depositors

Financial liabilities at amortized cost - Due to other borrowers Retirement benefit obligation

Lease liability Other liabilities

Total liabilities

Equity

Stated capital Statutory reserves Other reserves

Retained earnings/(losses)

Total equity attributable to equity holders of the Bank Non-controlling interests

Total equity

Total liabilities and equity Contingent liabilities & commitments

Net assets value per share (Rs.) Memorandum information:

No. of employees No. of branches

(Audited)

%

Rs. '000

Rs. '000

1,879,886

1,715,116

10

612,002

764,150

(20)

200,197

700,862

(71)

15

-

100

1,787,651

2,324,912

(23)

48,762,851

46,103,638

6

3,214,690

3,266,362

(2)

21,842,872

22,400,969

(2)

872,480

843,022

3

194,319

202,059

(4)

674,547

523,232

29

2,240,550

1,408,080

59

82,282,060

80,252,402

3

3,139,904

2,032,393

54

42

-

100

-

-

-

56,682,494

59,426,888

(5)

4,266,188

3,011,001

42

157,444

151,655

4

621,853

599,355

4

5,391,487

2,863,477

88

70,259,412

68,084,769

3

11,894,421

11,894,421

-

111,315

111,315

-

430,116

737,445

(42)

(413,204)

(575,548)

28

12,022,648

12,167,633

(1)

-

-

-

12,022,648

12,167,633

(1)

-

82,282,060

80,252,402

3

22,707,827

19,111,448 19

12.71

12.87 (1)

713

690

25

24

Certification:

These Financial Statements have been prepared in compliance with the requirements of the Companies Act No. 07 of 2007.

Sgd.

D Gajanayaka

Head of Finance

We, the undersigned, being the Managing Director and the Chairman of Cargills Bank PLC, certify jointly that;

(A)

the above statements have been prepared in compliance with the format and definitions prescribed by the Central Bank of Sri Lanka,

(B)

the information contained in these statements have been extracted from the unaudited financial statements of the Bank, unless indicated

as audited.

Sgd.

K B S Bandara

Managing Director/Chief Executive Officer

Sgd.

H A Pieris

Chairman

Cargills Bank PLC

Statement of Cash Flows

Cash flows from operating activities

Profit/(Loss) before income tax

Adjustments for:

Non-cash items included in profit/(loss) before tax Income tax paid

Interest paid on lease liability

Gains/(losses) on sale of property, plant & equipment an Dividend income

Benefits paid on defined benefit plans Change in operating assets

Change in operating liabilities

Net cash generated from/(used in) operating activities

Cash flows from investing activities

Net purchase of property, plant and equipment Proceeds from sale of property, plant and equipment Net purchase of intangible assets

Dividend received

Net cash generated from/(used in) investing activities

Cash flows from financing activities

Payment of lease liability

Change in securities sold under repurchase agreements Interest paid

Net cash generated from/(used in) financing activities

Net increase/(decrease) in cash and cash equivalents

Cash and cash equivalents at the beginning of the period

Cash and cash equivalents at the end of the period

Less: Provision for impairment

Cash and cash equivalents at the end of the period (Net)

240,517

380,853

(104,914)

-

(20,919)

-

(11,436)

-

-

-

(454)

(5,898)

(2,098,632)

(2,481,182)

781,659

2,609,450

(882,945)

601,171

(42,373)

(36,982)

1,213,000

(1,161,835)

(87,404)

-

1,083,223

(1,198,817)

162,439

(607,458)

1,743,581

2,026,908

1,906,022

1,419,450

(26,136)

(51,061)

1,879,885

1,368,389

Fair value through P/L

Fair Value through OCI

Amortized cost

Total

Rs. '000

Rs. '000

Rs. '000

Rs. '000

As at 31.03.2025

Financial assets

Cash and cash equivalents

Balances with Central Bank of Sri Lanka Securities purchased under resale agreements Derivative financial instruments

Financial assets measured at fair value through profit or loss

Financial assets at amortized costs - Loans and Advances to other customers Financial assets at amortized costs - Debt and other financial Instruments Financial assets at fair value through other comprehensive income

Debt securities Equity securities

Other assets*

Total financial assets

Financial liabilities

Due to banks

Derivative financial instruments

Financial liabilities at amortized cost - Due to depositors Financial liabilities at amortized cost - Due to other borrowers Lease Liability

Other liabilities**

Total financial liabilities

As at 31.12.2024 - Audited Financial assets

Cash and cash equivalents

Balances with Central Bank of Sri Lanka Securities purchased under resale agreements Derivative financial instruments

Financial assets measured at fair value through profit or loss

Financial assets at Amortized costs - Loans and Advances to other customers Financial assets at Amortized costs - Debt and other financial Instruments Financial assets at fair value through other comprehensive income

Debt securities Equity securities

Other assets*

Total financial assets

Financial liabilities

Due to banks

Derivative financial instruments

Financial liabilities at amortized cost - Due to depositors Financial liabilities at amortized cost - Due to other borrowers Lease Liability

Other liabilities**

Total financial liabilities

- - 1,879,886

- - 612,002

- 200,197

15 - -

1,787,651 - -

- - 48,762,851

- - 3,214,690

- 21,819,063 -

- 23,809 -

- - 1,268,956

1,879,886

612,002

200,197

15

1,787,651

48,762,851

3,214,690

21,819,063

23,809

1,268,956

1,787,666 21,842,872 55,938,583

79,569,121

- - 3,139,904

42 - -

- - 56,682,494

- - 4,266,188

- - 621,853

- - 4,866,055

3,139,904

42

56,682,494

4,266,188

621,853

4,866,055

42 - 69,576,494

69,576,536

- - 1,715,116

- - 764,150

- - 700,862

- - -

2,324,912 - -

- - 46,103,638

- - 3,266,362

- - -

- 22,377,160 -

- 23,809 -

- - 855,974

1,715,116

764,150

700,862

-2,324,912

46,103,638

3,266,362

-22,377,160

23,809

855,974

2,324,912 22,400,969 53,406,102

78,131,983

- - 2,032,393

- - -

- - 59,426,888

- - 3,011,001

- - 599,355

- - 1,833,271

2,032,393

-59,426,888

3,011,001

599,355

1,833,271

- - 66,902,908

66,902,908

*Other assets only include other receivables

**Other liabilities exclude accrued expenditure and impairment on commitments and contingencies

Fair Value Hierarchy

The Bank measures the fair value using the following fair value hierarchy, which reflects the significance of the inputs used in making the measurement.

• Level 1 : Fair value measurement using unadjusted quoted market prices

Inputs that are quoted market prices (unadjusted) in an active market for identical instruments.

• Level 2 : Fair value measurement using significant observable inputs

  Inputs other than quoted prices included within Level 1 that are observable either directly (i.e., as prices) or indirectly (i.e., derived from prices). This category includes instruments valued using;

  1. quoted prices in active markets for similar instruments,

  2. quoted prices for identical or similar instruments in markets that are considered to be less active, or

  3. other valuation techniques in which almost all significant inputs are directly or indirectly observable from market data.

• Level 3 : Fair value measurement using significant unobservable inputs

Inputs that are unobservable.

This category includes all instruments for which the valuation technique includes inputs not based on observable data and the unobservable inputs

have a significant effect on the instrument's valuation.

Fair value estimates obtained from models are adjusted for any other factors, such as liquidity risk or model uncertainties, to the extent that the Bank believes that a third party market participant would take them into account in pricing a transaction.

Financial instruments measured at fair value - fair value hierarchy

The following table provides an analysis of assets and liabilities measured at fair value as at the reporting date, by the level in the fair value hierarchy into which the fair value measurement is categorised. These amounts were based on the values recognised in the Statement of Financial Position:

Level 1 Level 2 Level 3 Total

Rs. '000 Rs. '000 Rs. '000 Rs. '000

As at 31 March 2025 Financial Assets

Derivative financial instruments

Financial assets measured at fair value through profit or loss

Financial assets measured at fair value through

other comprehensive income Goverment securities Equity securities

Total assets at fair value

Financial Liabilities

Derivative financial instruments

Total liabilities at fair value

As at 31 December 2024 - Audited Financial Assets

Derivative financial instruments

Financial assets measured at fair value through profit or loss

Financial assets measured at fair value through

other comprehensive income Goverment securities Equity securities

Total assets at fair value

Financial Liabilities

Derivative financial instruments

Total liabilities at fair value

- 15 - 15

- 1,787,651 - 1,787,651

21,819,063 - - 21,819,063

- - 23,809 23,809

21,819,063 1,787,666 23,809 23,630,538

- 42 - 42

- 42 - 42

Level 1 Level 2 Level 3 Total

Rs. '000 Rs. '000 Rs. '000 Rs. '000

- - - -

- 2,324,912 - 2,324,912

22,377,160 - - 22,377,160

- 23,809 23,809

22,377,160 2,324,912 23,809 24,725,881

- - - -

- - - -

As at

31-Mar-2025

31-Dec-2024

Regulatory Capital (Rs'000)

Common Equity Tier 1

11,122,985

11,430,314

Total Tier 1 Capital

12,622,985

12,930,314

Total Capital

13,079,638

13,386,966

Regulatory Capital Ratios (%) (Refer Note 3)

Common Equity Tier 1 Capital Ratio - (Minimum Requirement - 7%)

16.57

19.16

Total Tier 1 capital Ratio - (Minimum Requirement - 8.5% )

18.80

21.68

Total Capital Ratio - (Minimum Requirement - 12.5%)

19.49

22.44

Leverage Ratio - (Minimum Requirement - 3%)

13.70

13.00

Regulatory Liquidity

Total Stock of High-Quality Liquid Assets (Rs '000)

22,379,522

26,310,841

Liquidity Coverage Ratio, % - (Minimum Requirement - 100%)

Rupee, %

321.59

459.23

All currency, %

278.20

313.34

Net Stable Funding Ratio (%) - (Minimum Requirement - 100%)

136.93

136.28

Assets Quality (Quality of Loan Portfolio)

Stage 3 Loans (Net of Stage 3 Impairment) to Total Loans

8.18

8.74

Stage 3 Impairment to Stage 3 Loans (Stage 3 Provision Cover)

46.46

46.79

Profitability

Interest Margin, %

4.31

4.86

Return on Assets (before Tax), %

1.50

1.47

Return on Equity, %

5.36

5.42

Cost to Income Ratio (%)

59.72

58.23

Cargills Bank PLC

Additional Disclosures

As at

31-Mar-2025

31-Dec-2024

(Audited)

Rs. '000

Rs. '000

Loans and advances to other customers

Gross loans and advances

54,169,933

51,438,652

Less: Stage-wise impairment

Stage 1

221,319

219,164

Stage 2

492,327

474,977

Stage 3

4,693,436

4,640,873

Total impairment for loans and advances

5,407,081

5,335,014

Net loans and advances

48,762,851

46,103,638

Product wise Gross Loans and advances to other customers

By product - Domestic Currency

Overdrafts

6,917,902

6,482,127

Trade finance

2,637,607

2,801,714

Housing loans

1,097,051

1,081,084

Personal loans

3,092,721

2,920,334

Staff loans

415,167

403,308

Term loans

21,184,175

18,744,732

Loans against property

1,614,576

1,534,296

Agriculture loans

787,984

739,462

Money market loans

8,278,665

8,734,527

Vehicle loans

287,049

206,660

Credit cards

1,656,123

1,627,028

Micro finance

47,167

48,146

Others

757,608

572,657

Sub total

48,773,797

45,896,077

By product - Foreign Currency

Trade finance

3,299,906

3,325,226

Housing loans

40,981

52,629

Term loans

2,035,095

2,119,021

Overdrafts

8,970

8,970

Others

11,184

36,730

Sub total

5,396,136

5,542,575

Total Gross Loans & Advances

54,169,933

51,438,652

Movement in impairment during the period for loans and advances to other customers - 2025

Stage 1 Stage 2

Stage 3

Total

Opening balance as at 01 January 2025 - Audited 219,164 474,977

4,640,873

5,335,013

Charge/ (write back) to income statement 1,714 17,242

50,131

69,088

Write off during the year - -

-

-

Exchange rate variance on foreign currency provisions 441 107

2,432

2,980

Closing balance as at 31 March 2025

221,319

492,327

4,693,436

5,407,081

Movement in impairment during the year for loans and advances to other customers - 2024

Stage 1 Stage 2

Stage 3

Total

Opening balance as at 01 January 2024 - Audited 188,024 709,734

4,095,898

4,993,656

Charge/ (write back) to income statement 32,543 (231,123)

688,136

489,556

Write off during the year - -

(71,085)

(71,085)

Exchange rate variance on foreign currency provisions (1,403) (3,634)

(72,076)

(77,113)

Closing balance as at 31 December 2024 - Audited

219,164

474,977

4,640,873

5,335,013

Cargills Bank PLC

Additional Disclosures

Commitments and Contingencies

Gross commitments and contingencies

Less: Stage-wise impairment

Stage 1

Stage 2

Stage 3

Total impairment for commitments and contingencies

Net commitments and contingencies

Product- wise Commitments and Contingencies

By product - Domestic Currency

Guarantees

Letters of credit

Undrawn commitments

Capital commitments and other

Sub total

By product - Foreign Currency

Guarantees

Letters of credit

Bills for collection

Spot purchase

Sub total

Total Commitments and Contingencies

22,844,320

19,225,571

76,363

68,050

59,031

44,823

1,099

1,250

136,493

114,123

22,707,827

19,111,448

7,631,198

6,632,826

1,019,748

1,345,564

11,960,486

8,982,281

185,269

156,698

20,796,701

17,117,369

675,139

655,426

1,343,378

1,432,067

29,102

20,709

-

-

2,047,619

2,108,202

22,844,320

19,225,571

Stage 1

Stage 2

Stage 3

Total

Opening balance as at 01 January 2025 - Audited

68,050

44,823

1,250

74,964

Charge/ (write back) to income statement

8,313

14,208

(151)

22,370

Closing balance as at 31 March 2025

76,363

59,031

1,099

136,493

Stage 1

Stage 2

Stage 3

Total

Opening balance as at 01 January 2024 - Audited

48,239

10,872

15,853

74,964

Charge/ (write back) to income statement

19,811

33,951

(14,603)

39,159

Closing balance as at 31 December 2024 - Audited

68,050

44,823

1,250

114,123

Cargills Bank PLC

Additional Disclosures

As at

31-Mar-2025

31-Dec-2024

(Audited)

Rs. '000

Rs. '000

Due to Depositors

By product - Domestic Currency

Current account deposits

2,531,811

3,827,718

Savings deposits

9,061,659

8,237,173

Call Deposits

11,850

67,574

Time deposits

40,069,149

41,723,568

Certificate of deposits

70,298

69,525

Margin deposits

76,745

90,065

Sub total

51,821,512

54,015,623

By product - Foreign Currency

Current account deposits

258,207

247,821

Savings deposits

634,295

2,162,620

Time deposits

3,968,432

3,000,778

Margin deposits

48

48

Sub total

4,860,982

5,411,266

Total Due to Depositors

56,682,494

59,426,888

Cargills Bank PLC

Segment Information

For the Quarter ended 31 March

Banking Treasury/ Investments Unallocated Total

2025 2024 2025 2024 2025 2024 2025 2024

Net interest income

693,129

536,816

172,292

277,426

-

-

865,421

814,242

Net fees and commission income

250,583

196,413

3,839

2,545

-

-

254,422

198,958

Foreign exchange profit

(2,954)

63,084

27,927

(47,083)

-

-

24,973

16,001

Other income

1,840

(3,361)

384,660

176,402

-

-

386,500

173,041

Operating income by segment

942,598

792,952

588,718

409,290

-

-

1,531,316

1,202,242

Impairment for loans and other losses

(128,410)

(238,689)

2,192

12,917

-

-

(126,218)

(225,772)

Net operating income

814,188

554,262

590,910

422,208

-

-

1,405,098

976,470

Personnel and other operating expenses

(630,334)

(680,261)

(202,841)

(8,047)

-

-

(833,175)

(688,308)

Depreciation and amortisation

(55,330)

(81,676)

(26,054)

(33)

-

-

(81,384)

(81,709)

Total operating expenses

(685,665)

(761,937)

(228,894)

(8,080)

-

-

(914,559)

(770,017)

Operating profit/(loss) by segment

128,524

(207,674)

362,016

414,127

-

-

490,539

206,453

Taxes on financial services

(70,029)

(97,069)

(100,713)

-

-

-

(170,742)

(97,069)

Profit/(Loss) before Tax by segment

58,495

(304,743)

261,302

414,127

-

-

319,797

109,384

Tax (expense)/reversal

(157,453)

(62,847)

Profit/(Loss) for the period

162,344

46,537

Other information

31-Mar-2025

31-Dec-2024

31-Mar-2025

31-Dec-2024

31-Mar-2025 31-Dec-2024

31-Mar-2025

31-Dec-2024

Segment assets Segment liabilities

58,821,608

65,847,813

52,101,150

66,674,118

23,460,452

4,411,599

28,151,252

1,410,650

-

-

-

-

82,282,060

70,259,412

80,252,402

68,084,769

Cargills Bank PLC

DIRECTORS' INTEREST IN SHARES OF CARGILLS BANK PLC AS AT 31 MARCH 2025

Directors' Name

No. of shares held

As at 31 March 2025

As at 31 December 2024

1

Asoka Pieris- Chairman

Nil

Nil

2

Senarath Bandara- Managing Director/CEO

112,500

112,500

3

Ms. Marianne Page

Nil

Nil

4

Yudhishtran Kanagasabai

Nil

Nil

5

Buwanekabahu Perera

Nil

Nil

6

Ravindra Ajantha Jayawardena

Nil

Nil

7

Mrs. Shanti Gnanapragasam

Nil

Nil

8

Arjuna Herath

Nil

Nil

Cargills Bank PLC

INFORMATION ON ORDINARY SHARES OF THE BANK

TOP 20 REGISTERED SHAREHOLDERS - ORDINARY VOTING SHARES AS AT 31 MARCH 2025

No.

Shareholder Name

No. of shares %

1. Cargills (Ceylon) PLC*

2. CT Holdings PLC*

3. Employees' Provident Fund

4. Mulitex Investment Limited

5. MJF Foundation Investments (Pvt) Ltd

6. Softlogic Life Insurance PLC Account Number 03/Life Shareholders Fund

7. MAS Amaliya (Pvt) Ltd

8. People's Leasing and Finance PLC/Suhada Gas Distributors (Pvt) Ltd

9. Rosewood (Pvt) Limited-Account No.1

10. Aindri Holdings Pte Ltd

10 A I A Holdings Lanka (Pvt) Ltd

1. Assetline Finance Limited/Suhada Gas Distributors (Pvt) Ltd

2. Distilleries Company of Sri Lanka PLC

3. Mr. G.L.H. Premaratne

4. Mr. Malik J Fernando

5. GF Capital Global Limited

6. Mr. Dilhan C Fernando

7. Melstacorp PLC

8. Sri Lanka Insurance Corporation Ltd-Life Fund

9. Sri Lanka Insurance Corporation Ltd-General Fund

Sub Total

Other Shareholders

Total

350,696,905

37.09 *

223,345,953

23.62 *

44,000,000

4.65

30,800,000

3.26

28,000,000

2.96

26,600,000

2.81

22,000,000

2.33

20,000,000

2.11

13,477,900

1.43

11,000,000

1.16

11,000,000

1.16

10,506,533

1.11

9,593,555

1.01

9,089,000

0.96

7,540,000

0.80

7,210,900

0.76

6,260,000

0.66

5,854,200

0.62

5,086,470

0.54

5,065,870

0.54

847,127,286

89.58

98,515,572

10.42

945,642,858

100.00

* No voting rights will be exercised by Cargills (Ceylon) PLC and CT Holdings PLC on any shares held in excess of 30% of the issued capital of the Bank

carrying voting rights.

PUBLIC HOLDING PERCENTAGE

As at 31 March 2025

As at 31 December 2024

Float adjusted market capitalization (LKR)

3,035,021,840

3,146,059,224

[total market capital-share not available for trading]* share price

Public holding percentage

39.14%

39.14%

Number of public shareholders

2,878

2,664

Option under which the Listed Entity complies

Option 4

Option 4

with the Minimum Public Holding requirement

SHARE PRICE INFORMATION

As At

As at 31 March 2025

As at 31 December 2024

Number of shares

945,642,858

945,642,858

Last traded price (LKR)

8.20

8.50

Highest price per share (LKR)

9.10

8.80

Lowest price per share (LKR)

8.10

7.10

Quoted shares of the Bank are only traded in Sri Lankan Rupees.

Cargills Bank PLC

CORPORATE INFORMATION

NAME OF THE COMPANY

Cargills Bank PLC

LEGAL FORM

A public limited liability company incorporated in Sri Lanka on 03 November 2011 under the Companies Act No.07 of 2007. A licensed Commercial Bank under the Banking Act No. 30 of 1988, as amended from time to time.

STOCK EXCHANGE LISTING

The ordinary shares are listed on the Colombo Stock Exchange.

REGISTRATION NUMBER

PQ00293614 (Previously PB 4847)

ACCOUNTING YEAR-END

December 31

HEAD OFFICE AND REGISTERED OFFICE

No. 696, Galle Road, Colombo 03

Sri Lanka

TELEPHONE

011 - 7 640 000

FACSIMILE

011 - 7 640 507

SWIFT CODE

CGRBLKLX

E-MAIL

info@cargillsbank.com

WEB PAGE

https://www.cargillsbank.com

Fitch Rating

A (lka)

TAXPAYER IDENTIFICATION NUMBER (TIN)

134048476

BOARD OF DIRECTORS

Mr. Asoka Pieris - Chairman

Mr. Senarath Bandara - Managing Director /CEO

Ms. Marianne Page

Mr. Yudhishtran Kanagasabai

Mr. Buwanekabahu Perera

Mr. Ravindra Jayawardena

Mrs. Shanti Gnanapragasam

Mr. Arjuna Herath

OTHER INFORMATION AUDITORS

Messrs. KPMG Chartered Accountants,

No. 32A, Sir Mohamed Macan Markar Mawatha, Colombo 03

Sri Lanka

LAWYERS

Messrs. Julius & Creasy

No. 371, R.A. de Mel Mawatha, Colombo 03

Sri Lanka

COMPLIANCE OFFICER

Mr. Gayantha Wijekoon

COMPANY SECRETARY

Ms. Amendra de Silva No. 696, Galle Road, Colombo 03

Sri Lanka amendra.d@cargillsbank.com

+94117 640170

REGISTRAR

S S P Corporate Services (Pvt) Ltd, No. 101, Inner Flower Road, Colombo 03

Sri Lanka

Tel :94 11-2513894

Fax: 94 11-2573609

E-mail : sspsec@sltnet.lk