East West Insurance Co. Ltd.PSX: EWIC

Transmission of Quarterly report for the period ended June 30, 2025

· Issued by East West Insurance Co. Ltd.
DIRECTORS’ REVIEW REPORT TO THE MEMBERS’

Your Directors are pleased to present their report together with un-audited Six months Financial Statements for the period ended June 30, 2025

The statistic covers the annexed Financial Statements of conventional general insurance and Window Takaful operation comprising:

0 Condnsed interim statement of financial position;

0 Condnsed interim statement of profit and loss account;

0 Condnsed interim statement of comprehensive income;

0 Condnsed interim statement of changes in equity;

0 Condnsed interim cash flow statement;

0 Notes to the condnsed interim financial information;

We are confident that this information would adequately apprise the valued shareholders about the performance of their Company.

The financial highlight of the company for the period ended June 30, 2025 is as follows:

(Unaudited)

Result of operating activites

709,191,540

Profit before tax from Window Takaful Operations

53,083,079

Profit before tax

762,274,619

Income tax expenses

(214,860,191)

Profit after taxation

547,414,428

Other Comprehensive income

(3,924,506)

Total Comprehensive income

543,489,922

Unappropriated profit at beginning of the year

981,814,058

Profit for the period

547,414,428

Transfer to general reserve

(350,000,000)

Unappropriated at the end of the period

1,179,228,486

June, 30 2025 June, 30 2024---------- (Unaudited) ----------

Gross premium

4,698,585,566

3,558,580,472

Net premium

3,246,171,302

1,900,933,377

Underwriting results

521,722,572

359,215,197

Investment income

338,897,745

309,763,729

Profit before tax (including Window Takaful Operations)

762,274,619

592,059,960

Profit after tax (including Window Takaful Operations)

547,414,428

428,317,709

Earnings per share - basic and diluted (Rupees)

2.14

1.67

On behalf of the Board of Directors

Naved Yunus

Chief Executive Officer

Karachi : August 29, 2025

INDEPENDENT AUDITOR'S REVIEW REPORTTO THE MEMBERS OF EAST WEST INSURANCE COMPANY LIMITED REPORT ON REVIEW OF CONDENSED INTERIM FINANCIAL STATEMENTSIntroduction

We have reviewed the accompanying condensed interim statement of financial position of East West Insurance Company Limited ('the Company") as at June 30, 2025 and the related condensed interim profit and loss account, condensed interim statement of comprehensive income, condensed interim statement of changes in equity, condensed interim statement of cash flows and notes to the condensed interim financial statements for the six-month period then ended (here-in-after referred as the 'condensed interim financial statements'). Management is responsible for the preparation and presentation of these condensed interim financial statements in accordance with accounting and

reporting standards as applicable in Pakistan for interim financial reporting. Our responsibility is to express a conclusion on these condensed interim financial statements based on our review.

Scope of review

We conducted our review in accordance with International Standard on Review Engagements 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity". A review of condensed interim financial statements consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with International Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

Conclusion

Based on our review, nothing has come to our attention that causes us to believe that the accompanying condensed interim financial statements are not prepared, in all material respects, in accordance with the accounting and reporting standards as applicable in Pakistan for interim financial reporting.

Other Matter relating to comparative information

The figures for the three months period ended June 30, 2025 and June 30, 2024 in the condensed

interim financial statements have not been reviewed by us and we do not express a conclusion on them

The engagement partner on the review resulting in this independent auditor's review report is Imran Shaikh.

Crowe Hussain Chaudhary & Co. Chartered AccountantsPlace: Karachi Date:UDIN:

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