CSIL | The Crescent Star Insurance Company Limited 38% Right Issue at a Discount Offer Price 3/= Per Ordinery Shares-Revised Notice

PSX/N- 97 January 22,2026

Reproduced hereunder revised Notice dated January 22, 2026, in suppression of earlier PSX Notice No. PSX/N-90 dated January 20, 2026, received from Crescent Star Insurance Limited alongwith the relevant details/information pertaining to Issuance of Right letters by the Company and the Schedule of Trading, for information of all concerned.

Estd. 19s7

Ja1«aq•20,2024

Subject: Ci'txccn1 Slni' I iistiroiiee 1.iiniled 3 .0000003810•/› ri

ssuaiice of light Stiai'es, we lii:l-cby fiiiilier confi

We shall iihid« by lhe CDC ails PSX j›roced«res relating to itighl Shales and shiill deposit llie ‹inpaid right in (Bnok Wt›ti-y) vitl ii› the tin›c Ji":‹tnc as sij› tlated ii›‹Ier the CDC prncsJ›ii'cs ‹is xYcll as PSX kcgulntiuns.

Online P.ayrnent Option for 1AS Accotilit Holder's: CDC has introduced Onlhiv 1'eyMern facility through 1 Link for ltiglils Subscription. i'lie investor' Account Holders ecu nosv matte online payment for lheir respective rights subscribed iigRinst 1Bill l'ayinent lD printed on top i'iglil heixl side of the flight Stihscription Reqties (gem vd by CU) tlu'otigli nll the uvuilabla onlinv baliking clitiiiiicls of. I Link's niciuhai' brinks (.silcli its Internet banking Automated 1'cllei' Mochiiie (ATM) arid mobile booking)

The pnyi»mM ol'Hnpaid l'igltt lultcr will be midc by cash or crossed chcqcie or dei›1and diaR or j›ny order ilJncle otit to I›c c eJ uf "Ci'cscent Slar Insurance Lld Right Shares Stibscrlptlon Accollnf" tlttougli elf bunches oF F'nysnl BeiJk Lii»iicd in rskislan as yei* enlntivc schedule submitted lo yoi.

J'lie Sliiiieholders holding oi'dinai'y shares of flue Company in physical form should }ilense note flint under the CDC npJilicable ltiglits Shares lhocetiures, Ihc physical shareholder' can rvnotince his/leer letlcr of rights by depositing iiito his/her own CDS investor or sub account to a person u'lio is investor or sub-iiccount holder iviili CDC. Further',

|ihysicol shareholder can renounce llisflici' Lettei' of Rights aim Renouncee(s) can nlso get credit oi right sluwe iii bool;. entry form ill his/her' oiYn CDS invcs sub occoun by provicting lits/lwr own CDS investor or sub accoiiill details. Sliiii'olioldeis holding shai'es of the Company In physical form can olso get credit of right sluues in his/her oxvn CDS ilivvslor or stib account li ' providing his/her own CDS invcstor or sub iiecoiiiil details.

We slJah I"ccjtiesI you to ylcase appi'o'c tl1u• lcitci- of iitfiin«tiuil, Lctte,t' ot"fUght to l'ltysical 5hnrcltoldei's, Info! n›ati0it os per Schedule 1 Io Companies (Further Issue of '›hores) llvgtilatioiis, 202tl and tentative schedule of Right lsstic mid ltiglit Subscription Retluest which were ent'lier provided to you.

Cie

64alik Melidi li: ii nad

Cliicl Fii aiicial Ol"ficci/Conpaiy Seci'etniy

Januai y 16, 2026

klana¿ci "1"i'odi rig fi TREC Affaiis Depai torrent P‹il‹islan Stocm Excbange

Thai achi

Right Issue Timclinc

For' an on behalf of

Ci'csc n Star' Insurance Limited

4lalik ehdi Ij iliaiiirnad

Chief Financial Officer/Company Seci'etary

Head Office: 2'dFloor, Nadir House, 1.I Chundrigar Road, Itarachi - 74000, Pal‹istan

UAN ' 1-92-2 1-111-274-000 PABJ(: +92-21-32415471-3 Fa›‹ : +92-21-32415474 E-mail : info@cstarinsui ance.com

/ ]'': l.i''/ /r'* '' !« ./'!.' ,'/, :,"›.', ,.' ,'/. "

Crescent Star Insurance Limited

2•• Floor; Nadir House, l.I. Chundrigar itoad Karachi l'laonc no +92 21 32415471-3

Weh: https://cst'arinsurance.ctim/

F.D. Registrar Servlces (Pvt.) Limited

l7'^Floor, 5aima Trade Tower-A, LI. Chundrigar Road Karachi

Tel: 021- 32271905-6, Fax: 021- 3262'I233

Web: zuvw' fdregislrar cmm

INTIMATION LETTER REGARnINc ni‹sHT TiNTITLEMENTS CONFIMATION

Issue of 40,924,116 Ordinary Shares (i.e., 38.000tl003B10'/») of Rs. 10/- each offered at Rs. 3/- per share (i.e., at cliscoinit) payable in full, on acceptance on or before Friday, February 13.2026

Ii'vIPOltTANT: NOTES AND lNST1t UCTIONS ARE GIVEN ON PAGE-2, WHICH SHOULD BH CAREFULLY READ AND FOLLOWED.

Dear Certi/icate-ho1derlcl,

In accot‹lance with the provision of Section 83 of the Companies Act, 20J7, the provisions of the Companies (Further Issue of Share) Regulations, Z02fl aitcl the decision of the Board of Oirectors in their meedng held on b4arch 27, 2025, we are pleased to inform you that your entitlement witla respect to ltight Shares in the ratio of 38 ordlnary shares for every 100 ordinary shares regi.stered in yvur nome as on jantiary 20, 2026, have tween credited into your CDC Account. Thus, physical letter of offer 1s not r‹x}uired to beissued lo you.

'J'his right offer is nnw available /or trading and settlement in book-entry form as per scheduled dates of lradlng l.e. ]anuary 22, 2026

to Webrc ary 6, 2020 tbolh days inclusive).

the right offer ut sub.scri}otioii price of Its. 3/- per sharo (i.c., ct Discount). must be accepted and paid for In fell to the extent of such stibscriptlon on or before Februaryl3 202G, for the purpose of exercising lhe right offer, you will have to request the CDC participant / Investor Account Services (IAS) Oepartment (on behnll of IAS account holder) to initiate Rlglit Subscription itequest transaction into COS on your behalf. Upon execution of Eibht Subscription iicquest, CDC Participant / IAS Department svill provide two coples of Right Sut›sci-lption Pse‹}uest printouts to you to make the payment with authorized banker(s) to the right issue as mentioned in the Right Subscription itecjciest printouts.

Onlinv l'ayment Option for IAS /Stib-Account holders -

CDC has inlrnduce‹l Online Payment fuclllty through lLirik for rights subscription. The Investor Account HolderfSub rht£ounl Hold0ts can iaow' make online payment for their respective rlghts subscribed against lUill Payment ID printed on the tup right hand side of the Right Stibsciiplion Request (generated by CDS) lhrough all the available online banklng channels of lLink's member banks (such ;is internet banking, Automated Teller Machines (AJi4) and mobile banking).

lf any right offer 1s not taken up by the CDS account on oc before Pebrttaty 13, 1026 then these right offers shall be deemed to have been declined by you aml will be treated as cancelled. In that event these will be offered to and taken up as declded by the Board of Oirectors of lhe Company as per Section 83 of llie Companies Act, 2017.

Fractional entitlements, if any, shall not be pffered and all fractions less than a share shall be consolldated and disposed of by the company' and the proceecls from such dis}iosition shall be paid to such of the entitled shareholders as rna3' have accepted such oIf‹•r within fifteen days afler completion of allotment.

Please nole lhat once the Right Subscription Rerjuest has been lnltiated by CDC Participant/ IAS Department into CDS, right offer to the extent itivluded in such request wlll be blocked and thecelocecarinot be traded further. Please also note that share certificates against }iaitl Itigltf Subscriplion Rc•que.sled will be credited to your respective CDS account wilhin 14 burmese days from the last payment date. liaforinatlon required under Schedule 1 to the Coinpnnlis (Further Issue of Shares) Regultitlons, 2020 is enclosed herewith as Annexuie "A" and the attested extract of the resolutions passeil by the Board of Directors approving the right issue is enclosed as Aruienure "B".

Dy Ihe Order nf lhe Buatd

MD/C£O

R-10

1NJ"IMATION LEJ'TER / CRESCENT STAR INSUft.X tJ,CE LIRIIJ'F,D

PAYMENT OF RIGHT OFFF,R nY CHESACCOUNT HOLDERS

Details of Trading, Subscription and CrediI of light Sec:ilities for CDO Account Holders

Payment Procedures:

1. Bankerls) to the Issue:

   Bank	Branches for Payment	Account No. "' '	Branch Name & Code where the Acconut is Maintained
   Ulaited Bank Limited	All Branches	A/c No. 0109000347272733 IBAN No. PK37UNIL0105000347272733	All Branches

2. Eligibility to Renounce the Rights:

   1. Slaareliolders of the Company are allowed to renounce their rights in favor of any other person(s) to subscribe the right certificates.

3. Exercising the Right Offer into CDS:

   1. For subscription of right offer, CDS account holder will request in writing to his/her CDC participant / IAS Department to initiate Right Subscription Request into CDS on his/her behalf and CDC participant / IAS Department will provide him / her two copies of Right Subscription Request enabling him/her to make the pa) ment with authorized banker to the right issue.

   2. Right Subscription Request can be initiated for full or partial right offer.

4. Payment:

   1. Payment as indicated on Right Subscription Rec{uest should be made by cash or crossed Cheque or demand draft or pay order made out to the credit of "CRESCENT STAR INSURANCE LIMITED - Right Shares Subscription Account" for shares through above menfioned branches in Pakistan on or before, February 13, 2026 along is•ith Right Suoscription Request du1) filled in and signed by the subscriber(s).

   2. In case of Non-Resident Pakistan / foreign certificate-holder, the demand draft of equivalent amount in Pak Rupees should be senI to the Company Secretary, CRESCENT STAR INSURANCE LIMITED at the registered office of the company along witla Right Subscription Request (both copies) duly filled and signed by the subscriber(s) ivitla certified copy of NICOP / Passport well before the last date of pa) ment.

   3. All cheques and drafts must be drawn on a bank situated in the same city where Right Subscription Request is deposited. Cheque is subject to realization.

   4. The Bank will not accept Right Subscription Requests delivered by post which rrtay reach after the closure of business on February 13,2026, unless evidence is available that these have been posted before tlae last date of payment.

   5. Online Payment Option for IAS /Sub-Account Holders- The Investor Account Holder/Sub Account

      Holders can now make online pa) ment for their respecfive rights subscribed against 1BiI1 Payment ID printed on the top right hand side of the Right Subscription Request (generated by CDS) though all the available online banking channels of lLink's member banks (such as internet banking, Automated Teller machines (ATM) and mobile banking).

5. ACCEPTANCE OF PAYMENT THROUGH RIGHT SUBSCRIPTION REQUEST:

   1. Payment of the amount indicated on Right Subscription Request to the Company's Banker to the issue on or before Febr 13.2026 shall be treated as acceptance of the Right offer.

   2. Two copies of Right Subscription Requests should be handed over to the Compare) 's Bankers to the issue intact. Client's cop) of Right Subscription Request will be returned to the subscriber whilst Issuer's cop) will be retained by the Banker for onward transmission to the Company. The Client's copy must be preserved and retained safely by the subscriber.