Clarification of News Item under Regulation 5.6.2 of the PSX Rule Book

Ref: KAPCO/2025/PSX/L-016

November 12, 2025

The General Manager

Pakistan Stock Exchange Limited Stock Exchange Building

Stock Exchange Road Karachi

Kot Addu Power Company Limited

5 B/3, Gulberg III Lahore 54660, Pakistan

UAN +92 42 111 152 726

PABX +92 42 3577 2912- 16

Fax +92 42 3577 2922

This is with reference to a news item published in the Business Recorder (epaper) dated November 12, 2025, (e-paper link: https://epaper.brecorder.com/2025/11/12/2-page/1074724-news.html) which speculates on the status of the proposed acquisition of Attock Cement Pakistan Limited (ACPL).

The aforementioned article contains statements that may be construed as suggesting the transaction has been finalized. In this regard, and in compliance with Regulation

5.6.2 of the PSX Rule Book, we deem it necessary to clarify the matter.

We would like to reiterate and confirm that the correct factual position has already been disseminated to the Exchange and the public through:

1. Our material information disclosure dated November 3, 2025.

2. Our subsequent disclosure and submission of the Addendum to the Public Announcement of Intention (PAI) dated November 4, 2025.

3. The formal publication of the said Addendum in "The Nation" and "Nawa-i-Waqt" newspapers on November 6, 2025.

As stated in our aforementioned formal communications, the proposed joint acquisition of 84.06% shareholding and joint control of Attock Cement Pakistan Limited by Kot Addu Power Company Limited (KAPCO) and Fauji Cement Company Limited (FCCL) is still in process and has not been completed.

The consummation of the acquisition remains expressly subject to, inter alia, finalization of acquisition terms, due diligence, execution of appropriate agreement(s) and receipt of all regulatory and corporate approvals, where required.

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Power Project Kot Addu Power Complex

Kot Addu, District Muzaffargarh

Punjab - Pakistan PABX +92 66 230 1041 - 49

Fax +92 66 230 1025

info@kapco.com.pk

Registered Office Office No. 309, 3" Floor Evacuee Trust Complex Agha Khan Road, F 5/1 Islamabad, Pakistan

The information reported in the news article is therefore premature and does not accurately reflect the current status of the transaction. The Company is fully cognizant of its disclosure obligations and will continue to keep the Exchange and the public informed of any material developments in this regard as and when they occur.

You may please intimate the TRE Certificate Holders of the Exchange accordingly.

Yours faithfully,

for Kot Addu Power Company Limited

A. Anthony Rath (Company Secretary)

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