Resolutions Passed by the shareholders in EOGM.

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CIIASHMA SUGAR MILLS LIMITEI)

King's Arcade, 20-A, Markaz F-7, Post Box No.1529, Islamabad

RESOLUTIONS PASSED BY THE SHAREHOLDERS IN

THE EXTRA ORDINARY GENERAL MEETING (E.O.G.M)

HELD AT MARDAN ON APRIL 03, 2025 rl

L. *RESOLVED THAT the Board of Directors hereby authorizes to increase the authorized share capital of the Company ftom Rs. 500 million divided into 50,000,000 ordinary shares of Rs. 1.0/- eacb to Rs. 5,000 million divided into 50010001000 ordinary shares of Rs. 1.0f- each, to accommodate the future requitements, subject to the compliance with aL applicable regulatory requirements.

FURTHER RESOLVED THAT Clause V of the Memorandum of Association and the relevant provisions of the Articles of Association of the Company shall be amended to reflect the increase in authorized share capital and to incotporate any necessary requirements, subject to compliance with all appliq261. regulatory tequitements".

b. *RESOLVED THAT the Board of Directors of the Company hereby authorizes the Company to purchase 191600,000 shates of Ultimate Whole Foods (P"t) Limited in terms of section 1.99 of the Companies Act, 2017, as an equity investment at a value of PKR l0/- per share, as held by the directors of the Company.

FURTHER RESOLVED THAT through this acquisition, Ultimate V4role Foods (Pvt.) Limited will become a Wholly Owned Subsidiary of Chashma Sugar Mills Limited.

FURTHER RESOLVED' THAT Mr. Iskander M. Khan-Ditector with Mr. Mujahid Bashir- Company Secretary jointly be and are hereby authorized and empowered to take all necessary steps, execute documents and fulfill all legal and

regulatory requirements to complete this transaction in of Pakistan".

with the laws

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