Approval of Further Issue of Shares Other Than By Way of Right Offer

SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN

No. CSD/CI/28/2005

Mr. Hassan Ahmad Khan, Company Secretary,

Kohinoor Spinning Mills Limited, 7/1, E-3, Main Boulevard, Gulberg III,

Lahore.

April 21, 2026

Subject: Application under Section 83(1)(b) of the Companies Act, 2017 (the "Act"), read with Regulation 5 of the Companies (Further Issue of Shares) Regulations, 2020 (the "Regulations") for further issue of shares, other than by way of right offer

Dear Sir,

This is with reference to the application of Kohinoor Spinning Mills Limited (the "Company") dated March 16, 2026,

and info› mation resting with email dated April 20,2026, regarding the captioned subject.

1. In this regard, I am directed to inform t•at the competent au*°o•*.y - Co - ss o-e 'Sh^D) o- --e sts s o- soec e resolution passed by the shareholders of tne Company "° tr e Ex:•a 0 c - ay Ge- e a flee- -g -e c o- h^e"•- 09 2? 2* =- c the information/documents submitted to the Securities & Exc• a-ge Co - ss o- o' Pac s-a- •-e Co-- ss o- --e ee-.e has allowed the Company to issue 117,142,857 ordinary shares (pa va we o- Rs. 5) a- p°"ce of Rs. 7 se s a e i -c -c -.g a premium of Rs.2 per share), amounting to Rs. 820,000,QXI by way of other ••an • g^: o"fe• to Mr. Naee Youse' aga °s* his outstanding interest free loan provided to the Company unoer Sec:"on 83(1)(b) of tne Companies Act, 2017 eac w th regulation 5 of the Companies (Further Issue of Shares) Regulations, 2020.

2. The aforesaid approval is subject to following conditions:

   The shares shall be issued only in the book entry form within 60 days from the date of approval by the Commission;

   The Company shall intimate the Commission and the Securities Exchange about issuance of the shares within seven days of the issuance;

   Mr. Naeem shall retain his shareholding as a result of subject issuance; and

   of 6

   iv. This approval is being Commission bears no issuer and the person(s) to

   the

3. In case the aforementioned issuance of shares by way of other than

Yours trul

Sainla Ahrar

Act, 2015 read with Listed Companies (Substantial Acquisition of Voting Shares Regulations, 2017, the Company and the Acquirer shall ensure full compliance with all the regulatory requirements in this respect.

Additional Director

CC:

i. Chief Executive Officer, PSX, Stock Exchange Building, Stock Exchange Road, Karachi. Chief Operating Officer, Central Depository Company, CDC House, Karachi