Notice of Extraordinary General Meeting

Rel: ML - 113/ 25

Dated: November 03, 2025

Jahangir Siddiqui & Co. Ltd. 20th Floor, Tfie Cen1re

Plot No. 28, 5B-5

Abdullah Haroon Road

Saddar, Karach-i 74400, Pakistan.

The General Manager

Pakistan Stock Exchange Limited

Stock Exchange Building Stock Exchange Road, Karachi.

Subject: Notice of Extraordinary General Meeting Dear Sir,

I"his is further to our letter No. CL - 112/ 25 dated October 31, 2025.

Fax: +92 21 3563 2575

UAN: +92 21 111 574 111 NTN: O8005é4-3

Please find enclosed herewith copies of notice of Extraordinary General Meeting of Jahangir Siddiqui & Co. Ltd. to be held on November 25, 2025 at Islamabad published in "The News" (in English) and "JANG" (in Urdu) newspapers (Karachi, Lahore and Islamabad editions) today i.e. November 03, 2025.

Please communicate the same to the TRE Certificate Holders of the Exchange accordingly.

Yours truly,

Muhammad Babar Din Company Secretary

Direcfor,ZHOD Surz'eifl‹snce,

Supervision and Enforcement Department Securi ftes and Exchange Commission of Pakistan 63, }innah Avenue, NIC Biiilding

BlueP rea, Islniliaba 1

Registered Office: Room No.413, 4th Floor, ISE Towers, SP-B, Jinnah Avenue, Islamabad.

US Jahangir Siddiqui & Co. Ltd.

Jahangir Siddiqui & Co. Ltd.

Notice is hereby given that an Extraordinary General Meeting ("EOGM") of Jahangir Siddiqui & Co. Ltd. (the "Company" or "JSCL") will be held at ISE Auditorium, ISE Towers, 55-B, Jinnah Avenue, Blue Area, Islamabad on Tuesday, November 25, 2025 at 11:30 a.m., to transact the following business:

To elect seven (7) directors of the Company as fixed by the Directors for a period of three years commencing from November 25, 2025 in accordance with the provisions of Section 159(1) of the Companies Act, 2017. The names of retiring Directors, who are eligible to offer themselves for re-election, are as follows:

1. Justice (R) Agha Rafiq Ahmed Khan

2. Mr. Ali Raza Siddiqui

3. Mr. Asad Nasir

4. Mr. Imran Haleem Shaikh

5. Lt. Gen. (R) Javed Mahmood Bukhari

6. Ms. Samar Ali Shahid

7. Mr. Shahid Hussain Jatoi

Attached to this notice is a Statement under Section 166 (3) of the Companies Act, 2017, in respect of election of directors.

By Order of the Board

Company Secretary Karachi: November 03, 2025

1. The term of office of the present Directors of the Company will expire on November 24, 2025. In terms of Section 159 (1) of the Companies Act, 2017, the directors have fixed the number of elected directors at seven (7) to be elected in the EOGM for the next term of three years. The present Directors are interested to the extent that they are eligible for re-election as Directors of the Company.

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2. Any person who seeks to contest the election of directors shall, whether he is a retiring director or otherwise, file with the Company the following documents and information at its head office situated at 20th Floor, The Centre, Plot No. 28, SB-5, Abdullah Haroon Road, Saddar, Karachi- 74400, Pakistan, not later than fourteen days before the day of the above said meeting:

   1. His/her Folio No./CDC Investors Account No./CDC Participant No./Sub-Account No.

   2. Notice of his/her intention to offer himself/herself for the election of directors in terms of Section 159(3) of the Companies Act, 2017.

   3. Consent to act as director on Appendix to Form 9 under section 167 of the Companies Act, 2017.

   4. A detailed profile along with his/her office address for placement onto the Company's website as required under SECP's SRO 1196(I)/2019 dated October 03, 2019.

   5. He/ she has not been declared by a court of competent jurisdiction as defaulter in repayment of loan to a financial institution.

   6. The Selection of Independent Directors will be complied with the requirements of Section 166 of the Companies Act, 2017. Person contesting as Independent Director shall also submit a declaration that he/she qualifies the criteria of eligibility and Independence notified under the Companies Act, 2017 and rules and regulations issued thereunder.

   7. An attested copy of Computerized National Identity Card (CNIC);

   8. A declaration that:

      • He/she is not ineligible to become a director of the Company under any applicable laws and regulations (including listing regulations of Pakistan Stock Exchange).

      • He/she is not serving as a director of more than seven listed companies. Provided that this limit shall not include the directorship in the listed subsidiaries of a listed holding company.

      • Neither he/she nor his/her spouse is engaged in the business of brokerage or is a sponsor director or officer of a corporate brokerage house.

      • He/she is aware of his/her duties and powers under the relevant laws, Memorandum & Articles of Association of Company and listing regulations of Pakistan stock exchange;

   9. Declaration by proposed Independent Director(s) under Clause 6(3) of the Listed Companies (Code of Corporate Governance) Regulation 2019.

      J) Undertaking on non-judicial stamp paper by proposed independent directors that he / she meets the requirements of sub regulation (1) of Regulation 4 of the Companies (Manner and Selection of Independent Directors) Regulations, 2018

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3. The Company has placed the Notice of EOGM along with form of proxy on its website: https://www.js.com.

4. The Share Transfer Books of the Company shall remain closed from November 18, 2025 to November 25, 2025 (both days inclusive) for determining the entitlement of Ordinary shareholders for attending and voting at the EOGM.

5. Physical transfers and deposit requests under Central Depository System received at the close of business on November 17, 2025 by the Company's Registrar i.e. CDC Share Registrar Services Limited, CDC House, 99 - B, Block 'B', S.M.C.H.S., Main Shahra-e-Faisal Karachi will be treated in time for the purpose of attending and voting at the EOGM.

6. A member of the Company entitled to attend and vote may appoint another member as his/her proxy to attend and vote instead of him/her. A proxy must be a member of the Company.

7. Proxies must be received at the Head Office of the Company 20thfloor, The Center, Plot No. 28, SB-5 Abdullah Haroon Road, Saddar, Karachi- 74400, Pakistan less than 48 hours before the time of the meeting.

8. Beneficial owners of the shares registered in the name of Central Depository Company of Pakistan Limited (CDC) and/or their proxies will have to follow the following guidelines as laid down by the Securities and Exchange Commission of Pakistan:

   1. For Attending the EOGM

      1. In case of Individuals, the account holder and/or sub-account holder whose registration details are uploaded as per the CDC Regulations, shall authenticate his/her identity by showing his/her original CNIC or original Passport along with Participant ID number and the account number at the time of attending the EOGM.

      2. In case of corporate entity, the Board of Directors' resolution/power of attorney with duly verified copy of valid CNIC and specimen signature of the representative shall be sent to the Company before the EOGM.

      3. In light of the guidelines issued by the Securities and Exchange Commission of Pakistan for ensuring participation of members in general meeting through electronic means as a regular feature, the Company has made arrangement for the members to attend the EOGM via video-link. The members who intend to attend and participate in the EOGM of the Company through video link are requested to complete identification and verification formalities i.e., to provide following required information at the email: shareholder@js.com on or before November 22, 2025.

         Name of Shareholder:	CNIC No.:	Folio No.:	Cell Phone No.:	Email Address:

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         The video link of EOGM will be sent to the members on their email addresses.

   2. For Appointing Proxies

      1. In case of individuals, the account holder and/or sub-account holder whose registration details are uploaded as per the CDC Regulations, shall submit the proxy form as per above requirements.

      2. The proxy form shall be witnessed by two persons, whose names, addresses and CNIC numbers shall be mentioned on the form.

      3. Attested copies of the CNIC or the passport of beneficial owners and the proxy shall be furnished with the proxy form.

      4. The proxy shall produce his original CNIC or original passport at the time of the EOGM.

      5. In case of corporate entity, the Board's resolution / power of attorney with specimen signature shall be furnished (unless it has been provided earlier) along with proxy form to the Company.

9. Shareholders are requested to notify immediately of any change in their address to the Company's share registrar.

10. Details of Scrutinizer: In accordance with regulation 11 of the Companies (Postal Ballot) Regulations, 2018 (the Regulations), for the purpose of conducting and supervising the voting process as defined in regulation 11A of the Regulations in connection with the election of Directors at the EOGM, the Board of Directors has appointed PKF F.R.A.N.T.S. Chartered Accountants as Scrutinizer. The firm is duly qualified in terms of section 247 of the Companies Act, 2017 and holds a satisfactory Quality Control Review (QCR) rating from the Institute of Chartered Accountants of Pakistan (ICAP). The Scrutinizer possesses the necessary knowledge and experience to independently scrutinize the voting process in accordance with the applicable legal requirements.
11. CONSENT FOR VIDEO CONFERENCING FACILITY

Pursuant to the provision of the Companies Act, 2017 members can also avail the video call facility, in this regard please fill the following and submit at the head office of the Company situated at 20th Floor, The Centre, Plot No. 28, SB-5, Abdullah Haroon Road, Saddar, Karachi- 74400, Pakistan at-least 10 days before the holding of EOGM. If the Company receives consent from members holding aggregate 10% or more shareholding residing at the geographical location to participate in the meeting, the Company will arrange video conference facility in the city subject to availability of such facility in that city.

I/We , of being a member of Jahangir Siddiqui & Co. Ltd. holder of ordinary share(s) as per registered Folio No./CDC A/c No hereby opt for video conferencing facility.

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The members holding physical shares are advised to provide their mandatory information such as CNIC number, address, email address, contact mobile/telephone number, International Bank Account Number (IBAN), etc. to our Share Registrar at their below address immediately to avoid any non-compliance of law or any inconvenience in future:

CDC House, 99 - B, Block 'B', S.M.C.H.S., Main Shahra-e-Faisal, Karachi-74400. Tel. Toll Free: 0800-23275, mail: info@cdcsrsl.com Website: https://www.cdcsrsl.com

Shareholders are requested to provide if not already provided, copy of their valid CNIC to the Company's Independent Share Registrar at the address given herein below. A legible scanned copy of the same can also be forwarded at cnic@js.com along with folio number and updated address for correspondence.

Pursuant to the Companies (Postal Ballot) Regulations, 2018 and notified amendments, members will be allowed to exercise the right to vote through electronic voting facility and postal ballot for the purpose of election of directors, if the number of persons who offer themselves to be elected is more than the number of directors fixed under Section 159 of the Act, voting shall be conducted in the manner and as per the procedures contained in the Regulations.

The Company has also circulated the notice through email to all those shareholders who have provided their email addresses to the Company.

Please ensure that your email account has sufficient rights and space available to receive such email which may be greater than 1 MB in size. Further, it is the responsibility of the member(s) to timely update the Share Registrar of any change in his (her/its/their) registered email address at the address of Company's Share Registrar mentioned at the end of the notice.

Shareholders who could not collect their dividend/physical shares are advised to contact our Share Registrar to collect/enquire about their unclaimed dividend or shares, if any.

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As per Section 72 of the Companies Act, 2017, all existing companies are mandated to convert their physical shares into book-entry form within a maximum period of four years from the commencement of the Companies Act, 2017. In line with this, the Securities & Exchange Commission of Pakistan issued Circular # CSD/ED/Misc./2016-639-640 on March 26, 2021, advising listed companies to actively encourage their members still holding shares in physical form to undergo the conversion process.

We earnestly request all members of the Company who currently possess shares in physical form to initiate the conversion without delay. It is recommended to reach out to the Central Depository Company of Pakistan Limited or any active member/stockbroker of the Pakistan Stock Exchange to establish an account in the Central Depository System, facilitating the seamless transition of physical shares into book-entry form.

Members are apprised of the various advantages associated with holding shares in book-entry form, including secure and convenient custody, easy tradability, elimination of risks like loss or theft, exemption from stamp duty on share transfers, and the smooth crediting of bonus or right shares.

We strongly advise members, in their best interest, to promptly undertake the conversion of their physical shares into book-entry form.

CDC Share Registrar Services Limited CDC House, 99 - B, Block 'B', S.M.C.H.S., Main Shahra-e-Faisal Karachi-74400

Tel: Customer Support Services (Toll Free) 0800-CDCPL (23275) Fax: (92-21) 34326053

Email: info@cdcsrsl.com Website: https://www.cdcsrsl.com

In compliance with Section 185 of the Companies Act, 2017 and SECP directives vide S.R.O. 452(I)/2025 dated March 17, 2025, no gifts, cash, coupons / vouchers or any other form of gift will be distributed at the EOGM.

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Section 166 of the Companies Act 2017 provides that a statement of material facts is annexed to the notice of the general meeting called for the purpose of election of directors which shall indicate the justification for choosing the appointee for appointment as independent director. The Company is required to have three independent directors on its Board in accordance with the Listed Companies (Code of Corporate Governance) Regulations, 2019. Accordingly, it will be ensured that the independent directors to be elected will meet the criteria set out for independence under Section 166 of the Companies Act, 2017 and their names are listed on the data bank of independent directors maintained by Pakistan Institute of Corporate Governance duly authorized by SECP. Further, their selection will be made due to their respective competencies, skill, knowledge and experience.

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0800-CDCPL (23275)(/ /) • 1v :¿

(92-21) 34326053 :

info@cdcsrsl.com: gl https://www.cdcsrsI.com: ›

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FORMOF PROXY

Extraordinary General Meeting

The Company Secretary Jahangir Siddiqui & Co. Ltd.

20" Floor, The Centre, Plot No. 28, SB-5, Abdullah Haroon Road, Saddar,

Karachi- 74400, Pakistan

l/We of

being member(s) of Jahangir Siddiqui & Co. Ltd. holding

ordinary shares as per Registered Folio No /CDC A/c. No. (for members who have shares in CDS) hereby appoint Mr. / Mrs. / Ms.

of (Folio. No. CDC A/c No.)

or failing him/her Mr. / Mrs. / Ms. of

Folio. No. CDC A/c No.) being member of the Company, as my / our proxy to attend, act and vote for me /us and on my /our behalf at the Extraordinary General Meeting of the Company to be held on Tuesday, November 25, 2025 and /or any adjournment thereof.

As witness my / our hand / seal this day of November, 2025. Signed by

In the presence of

Witness:

1. Name Signature Address

   CNIC or Passport No.

2. Name Signature Address

CNIC or Passport No.

Imponant:

1. A member of the Company entitled to attend and vote may appoint another member as his/her proxy to attend and vote instead of him/her.

2. This proxy form, duly completed and signed, must be received at the Office of the Company situated at 20" Floor, The Centre, Plot No. 28, SB-5, Abdullah Haroon Road, Saddar, Karachi, not less than 48 hours before the time of holding EOGM.

3. No Person shall act as proxy unless he / she himself / herself is a member of the Company, except that a corporation may appoint a person who is not a member.

4. If member appoints more than one proxy and more than one instruments of proxy are deposited by a member with the Company, all such instruments of proxy shall be rendered invalid.

Beneficial Owner of physical shares and the shares registered in the name of Central Depository Company of Pakistan Limited (CDC) and/or their proxy are required to produce their original Computerized National Identity Card or passport for identification purpose at the time of attending the EOGM. The form of proxy must be submitted with the Company within the stipulated time, duly witnessed by two persons whose names, addresses and CNIC numbers must be mentioned on the form, along with attested copies of CNIC or the passport of the beneficial owner and the proxy. In case of corporate entity, the Board of Directors' Resolution / power of attorney with specimen signature shall be submitted along with proxy form.

CDC Share Registrar Services Limited CDC House, 99B, Block 'B'

S.M.C.H.S., Main Shahra-e-Faisal Karachi-74400.

Tel: Customer Support Services (Toll Free) 0800-CDCPL (23275)