Credit of Interim Cash Dividend (D-18)

‌February 20, 2026

The General Manager Pakistan Stock Exchange Ltd., Stock Exchange Building, KARACHI-74000,

Dear Sir,

We are pleased to inform you that on February 20, 2026, International Steels Limited (ISL) processed e-dividend through Habib Bank Limited for the credit of 20% interim cash dividend to 6,679 shareholders for the half-year ended December 31, 2025. However, due to the non-availability of the CNIC/International Bank Account Number (IBAN), dividend remittances to 111 shareholders have been withheld as per Section 6(i) and 6(ii) of the Companies (Distribution of Dividends) Regulations. 2017.

Further, shareholders are requested to register themselves with the CDC's e-Dividend Repository by accessing https://eservices.cdcaccess.com.pk to have information regarding the credit of cash dividends, tax & zakat deductions by all companies.

Moreover, we enclose herewith a copy of the announcement of "E-Credit of 20% Interim Cash Dividend (D- 18)" for your reference before its publication in the newspapers.

Thanking you.

Your faithfully,

Company Secretary

Head OHice: 10a Beaumont PIa*a, IO Beaumont Road, K ar*ct» - 75530. Pakistan

Phone : +92 2 11019 0i9 | Fax : + 92 2t 3S480373 I ET•BiI : iniutr'isI.cum.pk l Website :vwnv.isI.ro »,Jk

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We are pleased to inform you that on February 20, 2026, International Steels Limited (ISL) processed e-dividend through Habib Bank Limited for a credit of 20% interim cash dividend to 6,679 shareholders for the half year ended December 31, 2025. However, due to the non-availability of CNIC /International Bank Account Number (IBAN), dividend remittances to 111 shareholders have been withheld as per Sections 6(i) and 6(ii) of the Companies (Distribution of Dividends) Regulations, 2017.

In compliance with Section 242 of the Companies Act, 2017, a public listed company shall pay cash dividends to its eligible shareholders directly into their designated bank account(s).

Therefore, all shareholders of International Steels Limited, who did not provide their Bank details, are requested to update their exact IBAN together with Bank Name, Branch Address, CNIC number and correct email address to our Shares Registrar M/s THK Associates (Pvt) Ltd., 32-C, Jami Commercial Street 2, DHA, Phase-VII, Karachi-75500, for shares held in physical form or with respective Participant / Investors Account Services of CDC for shares held in electronic form.

Please note that all dividends will only be remitted electronically to the designated bank accounts, and in the absence of an e-dividend mandate, such cash dividends will be withheld by the Company.

If you have any outstanding/unclaimed dividends, you are hereby requested to immediately contact and lodge your claim with our Shares Registrar M/s THK Associates (Pvt) Ltd., 32-C, Jami Commercial Street 2, DHA, Phase-VII, Karachi-75500. In terms of the provisions of Section 244(1)(iii), you are requested to submit a claim, if any, along with supporting documents (evidence) within ninety (90) days.

By & Order of the Board

INTERNATIONAL STEELS LTD.

Karachi. Zohaib Raza Merchant

February 23, 2026 Company Secretary