Financial Results for the Six Months Ended June 30, 2025

Pakistan Stock Exchange Limited Stock Exchange Building

Stock Exchange Road Karachi

July 30, 2025

Dear Sir/Madam,

We would like to inform you that the Board of Directors of Engro Fertilizers Limited ("the Company") in their meeting held on Tuesday, July 29, 2025 at 10:00 a.m. at Karachi, reviewed and approved the un-audited financial results of the Company for the six months ended June 30, 2025, and recommended the following:

1. CASH DIVIDEND

   An interim Cash Dividend for the second quarter ended June 30, 2025 at Rs. 4.25 per share i.e.

   42. 50%. This is in addition to the interim cash dividend already paid at Rs. 2.25 per share i.e. 22.50%.

2. BONUS SHARES

   NIL

3. RIGHT SHARES

   NIL

4. ANY OTHER ENTITLEMENT / CORPORATE ACTION

   NIL

5. ANY OTHER PRICE-SENSITIVE INFORMATION

The quarterly financial results are attached as Annexure "A" & "B".

The above entitlement will be paid to the shareholders whose names will appear in the Register of Members on Monday, August 11, 2025.

The Share Transfer Books of the Company will be closed from Tuesday, August 12, 2025 to Thursday, August 14, 2025 (both days inclusive). The transfers received in order at the office of the Company's share registrar, M/s. FAMCO Share Registration Services (Private) Limited, 8-F, near hotel Faran, Block 6, PECHS, Shahra-e-Faisal, Karachi PABX Nos. (92-21) 34380101-5 and email info.shares@famcosrs.com.pk by the close of business (5:00 p.m.) on Monday, August 11, 2025 will be treated in time for the purposes of payment of an interim cash dividend to the transferees.

The Quarterly Report of the Company for the period ended June 30, 2025 will be transmitted through PUCARS separately, within the specified time and shall also be made available on our website https://www.engrofertilizers.com.

Yours faithfully,

For and on behalf of

Company Secretary

Copied to:

Surveillance, Supervision and Enforcement Department Securities & Exchange Commission of Pakistan

NIC Building, 63 Jinnah Avenue, Blue Area Islamabad

‌ENGRO FERTILIZERS LIMi"ren

CONSOLIDATEIJ CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION AS AT JUNE 30, 2025

(Amounts in thousand)

Anilexrii e A-1

Unaudited Audited June 30, December 31,

2025 2024

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

(Amounts in thousancl)

EQUITY & LIABILITIES

Equity

Unaudited Audited June 30, December 31,

2025 2024

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

Share capital

Reserves

Share premium

Remeasurement of post employment benefits Unappropriated profit

TOTAL EQUITY

Non-current liabilities

Borrowings Government grant Deferred taxation Deferred liabilities

Current liabilities

Trade and other payables Contract liabilities

Accrued interest / mark-up Current portion of:

• borrowings

• government grant

• deferred liabilities

Provision for Gas Infrastructure Development Cess (GIDC) Short-term borrowings

Unclaimed dividend

TOTAL LIABILITIES

TOTAL EQUITY AND LIABILITIES

13,352,993

3,384,904

(69,543)

25,567, 034

28,882,395

42,235,388

17,003,643

423,830

338,758

37,362

17,803,593

53,227,476

3,029,433

1,144,140

8,110,547

189,315

87,180

19,558,031

30,483,919

146,260

115,976,301 133,779,894

176,015,282

13,352,993

3,384,904

(69,543)

30,790,190

34,105,551

47,458,544

18,701,703

514,355

672,844

247,520

20,136,422

63,053,826

3,552,441

1,209,388

2,834,018

202,737

62,546

19,558,031

12,451,850

82,307

103,007,144 123,143,566

170,602,110

ENGRO FERTILIZERS LIMITED Annexure A-3

CONSOLIDATED CONDENSED INTERIM STATEMENT OF COMPREHENSIVE INCOME (UNAUDITED) FOR THE HALF YEAR ENDED JUNE 30, 2025

(Amounts in thousand)

Profit for the period

Other comprehensive income

Total comprehensive income for the period

Quarter ended Half year ended June 30, June 30, June 30, June 30,

2025 2024 2025 2024

- Rupees

5,565,326 1,665,796 8,463,663 9,426,161

5,565,326 1,665,796 8,463,663 9,426,161

ENG£tO kL-.Fi I II..UEFtS LIIVII I IN.D

CONSOL.IUA WEU CONDENSATE IN I E III/I SI A'I LIVILN I" OI- CIIALIOI-S IN LTQUI I Y FOR TI-IE HAL..F YI-AR ENDED JUNE 30, 2025

(Amomets in tlJoiisan‹l)

RESERVES

CAPITAL REVENUE

Reine asr rement

Shai e capital

Share of post

prem i tHn employment

benefits

UtJappropriated profit

"I otal

- • •Rupees- -- - - - - - - - - ---• •-•- •- - - -

Balance as at Jar+uai'/ 1, 2025 (Ar clitet4)

Transactions with owners: Dividends:

• Final 2024: Rs. 8.00 per share

• 1st interim 2025: Rs. 2.25 per share

Total comprehensive income for the half year ended JI ne 30, 2025

Profit for the period

13,352,993 3,304,004

(69,543) 30,790,190 47,458,544

(13,686,819) (13,686,819)

8,463,663 8,463,663

Otfier comprehensive income 8,463,663 8,463,663

Balance as at June 30, 2025 (Unaudite d)

Balance as at January 1, 2024 (Audited) Transactions with owners:

Dividends:

• Final 2023: Rs. 8.00 per share

• 1st interim 2024: Rs. 8.00 per share

Total comprehensive income for the half year ended June 30, 2024

Profit for the period

Other comprehensive income

13,352,993 3,384,904

13,352,993 3,384,904

(69,543) 25,567,034 42,235,388

(74,030) 31,238,88B 4 7,902,755

(10,682,395) (10,682,395)

(10,682,395) (10,682,395)

9,426,161

9,426,161

(21,364,790) (21,364,790)

LIN WHO FER'I"ILUERS LII/IITF.D

CONSOI IDATFD CONDENSER IN ERIM S a+EMFN or c si i i-i.fJWñ (UNAUDITED) roR i rim H Lr YeAR ENDED JUNE 30, 2025

(Amounts in tI4o is and)

CASH FLOWS FROM OPERA1'ING ACTIVITIES

half year ended June 30, June 30,

2025 2024

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

Cash generated from / (utilised in) from operations Retiremenl and othei service benefits paid

Taxes paid

Long-term loans, advances and deposits Income on deposits / other financial assets Net cash utilised in from operating activities

CASH FLOWS FROM INVESTING ACTIVITIES

Purchases of property, plant and equipment and intangibles Proceeds from disposal of operating assets and intangibles

Short-term investments - net

Disbursement of loan to Parent Company

Repayment received against loan to Parent Company

Net cash generated from investing activities

CASH FLOWS FROM FINANCING ACTIVITIES

Finance cost paid

Dividends paid

Proceeds from long-term borrowings Repayment of long-term borrowings Proceeds from short-term borrowings Repayment of short-term borrowings Repayment of loan to Parent Company Proceeds of loan from Parent Company

Net cash generated from / (utilised in) financing activities

Net decrease in cash and cash equivalents

Cash and cash equivalents at beginning of the period Cash and cash equivalents at end of the period

928,3'48

(185,381)

(8,861,092)

94,134

469,865

(7,554,126)

(3,407,081)

1,558,064

2,131,351

2,690,000

(2,690,000)

282,334

(2,924,071)

(13,622,866)

4,000,000

(525,478)

20,500,000

(5,000,000)

(33,113,000)

33,113,000

2,427,585

(4,844,207)

(2,443,701)

(7,287,908)

(859,425)

(59,837)

(21,481,419)

29,803

1,797,797 (20,573,081)

(5,716,198)

1,425,513

19,232,834

14,942,149

(263,910)

(21,368,308)

(912,443)

(22,544,661)

(28,175,593)

3,973,574

(24,202,019)

‌ENGRO FERJILIZERS LIMITED

CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION AS AT JUNE 30, 2025

(Amounts in thousand)

Alinexure B-1

Unaudited Audited June 30, December 31,

2025 2024

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

EQUITY & LIABILI"IIES

Equity

LJnaudited AuditetT June 30, Uecem ber 31,

2025 2024

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

Share capital

Reserves Share premium

Reserve on amalgamation

Remeasurement of post employment benefits Unappropriated profit

TOTAL EQUITY

Liabilities

Non-current liabilities

Borrowings Government grant Deferred taxation Deferred liabilities

Current liabilities

Trade and other payables Contract liabilities

Accrued interest / mark-up Current portion of:

• borrowings

• government grant

• deferred liabilities

Provision for Gas Infrastructure Development Cess (GIDC) Short-term borrowings

Unclaimed dividend

13,352,993

3,384,904

(304,027)

(69,897)

25,650,675

28,661,655 42,014,648

17,00J,64J

423,830

1,648,369

37,362

19,113,204

54,153,278

1,831,536

1,121,367

8,110,547

189,315

82,418

19,558,031

30,477,051

146,260

13,352,993

3,304,904

(304,027)

(69,897)

30,164,684

33,175,664 46,528,657

18,701,703

514,355

1,863,670

242,948

21,322,676

56,820,768

1,867,608

1,191,351

2,834,018

202,737

62,356

19,558,031

12,451,622

82,307

TOTAL LIABILITIES

TOTAL EQUITY & LIABILITIES

115,669,803 95,070,798 134,783,007 116,393,474

176,797,655 162,922,131

I NGFtO I-ER I ILIZERS I.lMll"EU

CONDENSED INTERIM STATEMENT OF F'RCFI I OFt LOSS (UNAUDI LED)

FOR THE NALF YEAR ENDED JUNE 30, 2025

(Amouilts in thousand except for earnings per share)

ENGRO FERTILIZERS LIMITED

CONDENSED INTERIM STATEMENT OF COMPREHENSIVE INCOME (UNAUDITED)

FOR THE HALF YEAR ENDED JUNE 30, 2025

(Amounts in thousand)

Annexure B-3

Quarter ended Half year ended

ENGRO FERTILIZERS LIMITED

CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY FOR THE HALF YEAR ENDED JUNE 30, 2025

(Amounts in thousand)

An Jexure B-4

RESERVES

CAPITAL REVENUE

Remeasurement

Share Share Reserve on of post capital premium amalgamation employment

benefits

Unappropriated profit

Total

------ -- ---- - - ---Rupees-----------•--•--•----------------------------------------------------

Balance as at January 1, 2025 (Audited) Transactions with owners:

Dividends:

- Final 2024: Rs. 8.00 per share

13,352,993 3,384,904

(304,027)

(69,897)

50,164,684 46,528,657

(10,682,395) (10,682,395)

- 1st interim 2025: Rs. 2.25 per share

- (3,004,424) (3,004,424)

(13,686,819) (13,686,819)

Total comprehensive income for the half year ended June 30, 2025

Profit for the period

Other comprehensJve income

9,172,810

9,172,810

9,172,810

9,172,810

Balance as at June 30, 2025 (Unaudited)

Balance as at January 1, 2024 (Audited)

Transactions with owners:

Dividends:

- Final 2023: Rs. 8.00 per share

bsl interim 2024: Rs. 8.00 per share

Total comprehensive income for fhe half year ended June 30, 2024

Profit for the period

Other comprehensive Income

13,352,983 3,384,904 (304,027) 25,650,675 42,014,648

11,861,566

11,861,566

ENCtU FUS-I All.lZI-ftS I llUlTED

CONDENSED INTERIM STATEMENT OF DASI I I-I-OV/S (UNAUUI I"ELJ)

FOR THE LTALF YEAR ENDED JUNE 30, 2025

(Amounts in tlJous and)

CASH FLOWS FROM OPERATING ACTIVITIES

Cash utilised in operations

Retirement and other service benefits paid Taxes paid

Long-term loans, advances and deposits Income on deposits / other financial assets Net cash utilised in operating activities

CASH FLOWS FROM INVESTING ACTIVITIES

Purchases of property, plant and equipment and intangibles Proceeds from disposal of operating assets and intangibles Disbursement of working capital loan to subsidiary

Payment received against working capital loan to subsidiary Short-term investments - net

Disbursement of loan to Holding Company Repayment of loan by Holding Company Dividends received

Net cash generated from investing activities

CASH FLOWS FROM FINANCING ACTIVITIES

Repayment of long-term borrowings Repayment of loan to Holding Company Finance cost paid

Dividends paid

Proceeds from long-term borrowings Proceeds from short-term borrowings Repayments of short-term borrowings Disbursement of loan from Holding Company

Net cash generated from / (utilised in) financing activities

Net decrease in cash and cash equivalents

Cash and cash equivalents at beginning of the period Cash and cash equivalents at end of the period

Half year' ended June 30, June 30,

2025 2024

- -Rupees°°-----°---°--- -

(3,997,967) (3,197,272)

(185,381) (59,837)

(8,554,380) (20,337,972)

94,134 29,803

1,321,870 2,353,139 (11,321,724) (21,212,139)

(3,407,081)

1,558,064

(20,945,606)

23,824,766

2,129,910

(2,690,000)

2,690,000

885, 000

(5,716,198)

1,425,5 13

(45,136,714)

45,316,500

19,757,783

2,800,000

4,045,053 18,446,884

(912,443)

(313,158)

(21,368,308)

(525,478)

(33,113,000)

(2,870,881)

(13,622,866)

4,000,000

20,500,000

(5,000,000)

33,113,000

2,480,775 (22,593,909)

(4,795,896) (25,359,164)

(3,440,177) 3,113,926

(8,236,073) (22,245,238)