Auditors' Certificate Regarding Directors’ and Substantial Shareholders’ Subscription to the Right Issue of LSE Capital Limited

The General Manager,

Pakistan Stock Exchange Limited, Stock Exchange Building,

Stock Exchange Road, Karachi.

Dear Sir,

We would like to inform you that the amount of PKR 50,763,110/- (Rupees Fifty million seven hundred sixty-three thousand one hundred Ten. only), representing the entitlement of 10,152,622 right shares at an exercise price of PKR 5 per share (41.11% of the total Right Issue) has been fully subscribed by the Directors and the Substantial Shareholder of LSE Capital Limited on February 16, 2026, as permitted under the Companies (Further Issue of Shares) Regulations, 2020.

An Auditor’s Certificate dated February 20, 2026, issued by the Statutory Auditors, M/s Ilyas Saeed & Co., Chartered Accountants, is enclosed herewith, confirming the receipt of subscription money for the issuance of Right Shares.

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

For and on behalf of

Company Secretary Enclosed: As above

Cc: The Executive Director/HOD, Offsite-II Department, Supervision Division, Securities and Exchange Commission of Pakistan, NIC Building, Blue Area, Islamabad.

LSE Capital Limited

The Exchange Hub | LSE Plaza | Kashmir Egerton Road | Lahore - 54000 | Pakistan Tel: +92 42 36368000-4 | Email: info@lse.com.pk

Page 1 of 1

LSE Capital Limited

CERTIFICATE ON RECEIPT OF FUNDS AS SUBSCRIPTION MONEY

mgiworldwide/

Rel‘. No. A/0020/2fi February 20, 2026

K,i>lJn ii I .¿ r1‹›n It‹›a‹1.

Ilyas Saeed & Co.

T : +92 42 3586 8849, 3586 1852

Dear Sir.

We have been requested by the management ofLSE Capital Limited (‘the Company”) to provide acertificate on receipt of subscription money from substantial shareholders and directors as required for regulatory compliance.

Scope of Certificate

This certificate is being issued to confirm the receipt ofsubscription money from the directors and substantial shareholders of the Company and is provided for onward submission to the Pakistan Stock Exchange (PSX).

Msnngeznent Responsibility

The management of the Company is responsible for making compliance with requirements ofrelevant laws and regulations; receiving money from directors and shareholders; maintaining proper books of accounts and seeking appropriate approvals from competent authorities.

Practiciag Auditor's Responsibility

Our responsibility is to certify that the subscription money has been received from directors and substantial shareholders in accordance with ltte 'Guidelinesfor Issue ofCeriificatesfor Special Purposes by Practicing Chartered Accountant Firms' issued by the Institute of Chartered Accountants ofPakistan. Our verification was limited to the procedures as mentioned below:

Obtained and reviewed copy of extracts of resolution of the Board of Dirgct0rs of the Compan) approving issue of right shares;

b. Reviewed the approval letter from PSX for issuance of right shares;

Obtained and reviewed the undertakings for issuance of right shares made by the directors and substantial sharehoIder{s); and

d. Obtained copy of bank statements provided by the Bankgt to thg Right Issue to trace the receipt of subscription money amounting to Rs. 50,763,110 in AccoUnt No. 3192499000005678 maintained with £aysaI Bank Limited

mA memgberinfworldwidey/ Ilyas Saeed & Co.

pg#ed nn thc prc,ced‹rcr n cnji‹›ncd move, we certify thnt an amnunt nf Rs. 'i0,763. I IO*- (Rupees Fig million seven hundred siyt§’-three hn›snnd cue hundred !en nnly) has h•cn re*e'•edin relation to the issue of right rharcs. as eypmvcd in the ftoar‹t cf l3lreclors' meeting held nn Jan«nry Ill. 20tG.

Numbrr ef

Ne.

Shnrrs held

befoMfil ht

‹niiiI

This yqi(iytg has been issued, at the request of the management, solely for onward submission to Pakistan Stock Exchan8e (PSX) and shall not be distributcd or submitted to any other puty without our prior consent. This certificate is not to br presented as a testimony in any court of law.

1‘ou truI1’.