INTERMARKET SECURITIES LIMITED
April 29, 2025
The General Manager
Pakistan Stock Exchange Limited Stock Exchange Building
Stock Exchange Road
Karachi - 74000
Subject: Resolutions Passed in the Annual General Meeting of Intermarket Securities Limited
Dear Sir,
In pursuance to clause 5.6.9(b) of PSX Rule Book, we are pleased to enclose nerewitn a certified copy of the resolutions passed and adopted by the members of the Company in tneir Annual General Meeting held on Apri! 28, 2025.
You may please communicate the same to all TREC Holders of tne Exchange
accordingly.
Yours sincerely,
Shahid Kamal Company Secretary
Encl: as above
Copy to: Director/HOD
Listed Companies Department - Supervision Division Securities & Exchange Commission of Pakistan
63, NIC Builaing, Jinnah Avenue, Blue Area, Islamabad
IN fEK
INTERMARKET SECURITIES LIMITED
Formerly EFG Hermes Pakistan Limited
Certified True Copy of Extract of Special Resolutions passed and adopted by the members of the Company in the Annual General Meeting held on April, 28, 2025
Ordinary Business:
"RESOLVED THAT the yecir/y Audited Financial sfcftemenfs ol Intermarket Securities Limited for fhe financial yeor ended December 3 I, 2024 together 'with Directors' report and Auditors' reports heing taken as read and ore here6y approved and adopted."
"RESOLVED THAT Rahman Sarfraz lq6al Rafiq, Company Chartered Accovnfonfs, be and ore hereby re-appointed os auditor of fhe /nfermcirkef Securities Limited for fhe financial year ended June 30, 2025 {fronsifion period due to change of financial year from Oecem6er end to lone end."
"FURTHER RESOL/ED THAT the Chief Executive Officer De and is hereby authorized to negotiofe and lix fhe remuneration of the Auditors for the six months /Tronsifion period) year ended June 30, 2025."
Special Business:
"RESO1VEO THAT. pursuant fo Section 85(I)(c) of fhe Componies Act, 2017 and Arfic/e 23 of fhe Articles of Asroc/a/ion of the Company, fhe ex/sling capital of the Company, if3Cluding oofhorized, Issued, and paid-up capital, 6e and is here Y •!!E'f 'd such that fhe fcice value of each ordinary shore of fhe Company is changed from Rupees 7en {Rs. 101-) fo Rvpee One {Re. II-), there Y subdividing ecich (I) ordif?• Y share of its. l01- info fen
(10) ordinary shares of Re. 1/-, with no change in the rights and privileges attached to fhe
shares."
"T-URTH£h RESOLVED THAT fhe Authorized Capital of fhe Comp »Y De subdivided from 200,000,000 ordinary shores of Rs. 101- each to 2,000,000,000 ordift ^Y Shores of Re. I/-and issoed/so6scriDed/pciid-vp Capital of the Compciny De subdivided from T28,75 i,024 ordinory shores of Rs. 10/- each to T,287,5?0,240 ordinary shares of Re. I/- ecich."
"FURTHER RESOLVED THAT the Clause V of the Memorandum of Association and Arfic/e 4 of the Arfic/es of Association of /he Company De amended accordingly to reflect the o6ove subdivision."
"FURTHER k£SOLVED THAT the Chief Executive Officer, ciny Oirecfor, the Company
Secrefciry, or the Ch/ef Financial Off/cer of fhe Company 6e and ore hereby ioinf/y or
^ severo//y "authorized to fake a// necessary cicfions to imp/emenf the ciDove reso/ufions
including filinglsuhmitting fhe required documents wifh SECPlPSXfCDC efc."
CERTIFIED TRUE COPY
We hereby . certify that tne above resolutions were auly passed and adopted by the members of e Company in its 26'^ Annual General Meeting held on 28'^ day of Aarid 2025.
Company Secretory Dote: April 28, 2025
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