Transmission of Half Year Report for the Period Ended 31 December 2025

LSG VCNTURCS

Corpootc Restructuring Company

December 3J, 2025

1. Mr. Muhammad Iqbal Chairman

2. Mr. Aftab Ahmad Ch. Chief Executive Officer

3. Ms. Aasiya Riaz Executive Director

4. Sardaar Shahbaz Iqbal Ahmed Director

5. Mr. Muhammad Tabassum Munir Director

6. Mr. Muhammad Saleem Ahmad Ranjha Director

7. Ms. Mehr Saleem Director

1. Mr. Muhammad Saleem Ahmad Ranjha Chairman

2. Sardaar Shahbaz Iqbal Ahmed Member

3. Mr. Muhammad Tabassum Munir Member

1. Mr. Muhammad Tabassum Munir Chairman

2. Ms. Mehr Saleem Member

3. Sardaar Shahbaz Iqbal Ahmed Member

Suit 1705 – A. 17th Floor, Saima Trade Tower,

I.I. Chundrigar Road, Karachi.

Bank Al Habib Limited Faysal Bank Limited

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On behalf of the Board of Directors, we are pleased to present the Company’s Condensed Interim

Financial Statements for the half-year period ending December 31st, 2025, as reviewed.

During the half-year ended December 31, 2025, Pakistan’s economy continued its transition from stabilization to a moderate recovery phase, underpinned by improved macroeconomic indicators and sustained policy reforms. The country witnessed a pickup in economic activity, with GDP growth recording 3.71% in Q1-FY26, driven largely by a resurgence in the industrial and agricultural sectors. A notable achievement was the significant deceleration in headline inflation, which eased to approximately 5.6% YoY in December 2025, allowing the State Bank of Pakistan to continue its monetary easing cycle by reducing the Policy Rate to 10.5%. On the external front, while the trade deficit widened slightly due to import normalization, resilient worker remittances and official inflows helped maintain foreign exchange reserves above the $15.8 billion mark, ensuring currency stability. Despite these positive trends, the operating environment remained challenging due to elevated energy costs and global trade headwinds, necessitating a cautious approach to cost management and operational efficiency.

The financial highlights of the half yearly reviewed Condensed Interim Financial Statements of the Company for the period ended December 31st, 2025, in comparison with the corresponding period of previous year are as follows:

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FinancialHighlightsDec-25Dec-24

LSE Ventures Limited (LSEVL) recently executed a 2-for-1 stock split to enhance market liquidity and improve accessibility for retail investors. Approved in August 2025, the subdivision reduced the par value of the company’s ordinary shares from Rs. 10 to Rs. 5 each, effectively doubling the total number of issued shares from approximately 179.6 million to 359.2 million. This corporate action, which took effect on the Pakistan Stock Exchange (PSX) on September 1, 2025, left the company's total paid-up capital unchanged while halving its market price to make the scrip more affordable.

The Company has successfully completed a PKR 200 million right issue to fuel its strategic expansion into the capital markets. The company issued 40 million new ordinary shares at a par value of PKR 5 each, offered to existing shareholders at a ratio of 11.14 right shares for every 100 shares held. The subscription process concluded in early January 2026, with the issue being fully subscribed, reflecting strong investor confidence in the company's remodeled focus as an investment house. The proceeds are primarily earmarked for diversified investments in Special Purpose Acquisition Companies (SPACs) and early-stage opportunities such as pre-IPO and IPO offerings.

The Board of Directors is pleased to announce a significant milestone in the Company's strategic evolution: on January 27, 2026, the Securities and Exchange Commission of Pakistan (SECP) officially granted LSE Ventures Limited a license to function as a Corporate Restructuring Company (CRC). This license, issued under Section 4 of the Corporate Restructuring Companies Act, 2016, empowers the Company to acquire, manage, and resolve non-performing assets (NPAs) from financial institutions, as well as to restructure and revive commercially or financially distressed businesses. In conjunction with this approval, the SECP has authorized an amendment to the Company’s Memorandum of Association to include these specialized activities as its primary object clause. Furthermore, the SECP has approved the appointment of a new Board of Directors and Chief Executive Officer to lead the Company through this transition. The management has already initiated discussions with several banking and financial entities for the potential acquisition of distressed portfolios and anticipates that this new business segment will be a primary driver of the Company's future growth

and profitability.

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FinancialHighlightsDec-25Dec-24

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LSE Ventures Limited Interim Financial Statements

For the Ha1(Year Ended 31 December 2025

A ffleMber of

mgiworldwide

Ilyas Saeed & Co.

Chartered Accountnnti

108-1-3, Model Town, Lahore - Pakistan

T : +92 42 3586 8849, 3586 1852

E : info@ilynssaeed.com

W : .i1yassaeed.com

INDEPENDENT AUDITOR'S REVIEW REPORT TO THE MEMBERS OF LSE VENTURES LIMITED

REPORT ON REVIEW OF INTERIM FINANCIAL STATEMENTS

We have reviewed the accompanying condensed interim statement of financial position of LSE Ventures Limited (the Company) as at 31 December 2025 and the related condensed interim statement ofprofit or loss, condensed interim statement of comprehensive income, condensed interim statement of changes in equity, condensed interim statement of cash flows and notes to the financial statements for the half year then ended (here-in-after referred to as the “interim financial statements"). Management is responsible for the preparation and presentation of these interim financial statements in accordance with approved accounting and reporting standards as applicable in Pakistan for interim financial reporting. Our responsibility is to express a conclusion on these interim financial statements based on our review.

Scope ofReview

We conducted our review in accordance with the International Standard onReview Engagements 2410 "Review of Interim Financial Statements Performed by the Independent Auditor of the Entity". A review of interim financial statements consists ofmaking inquiries, primarily ofpersons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substmtially less in scope than an audit conducted in accordance with International Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all material matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

Based on our review, nothing has come to our attention that causes us to believe that the accompanying interim financial statements are not prepared, in all material respects, in accordance with approved accounting and reporting standards as applicable in Pakistan for interim financial reporting.

Otber flatters

The figures of the condensed interim statement of profit or loss and condensed interim statement of comprehensive income for the quarters ended December 31, 2025 and December 31, 2024 have not been reviewed, as we are required to review only the cumulative figures for the half year ended 31 December 2025.

The condensed interim financial statements of the Company for the half year ended December 31, 2024, and ae aanual financial statements of the Company for the year ended June 30, 2025, were reviewed and audited by another fimi of chartered accountants who vide their reports dated February 25, 2025, and November 01, 2025, expressed an unmodified conclusion and opinion thereon respectively.

The engagement partner on the review resulting in this independent auditor's review report is Bushra Sana.

Dated KI•< zJ G, 2-oM UDfN: RR2025l0f78PKzBrHRaJ

Ilyas Saeed & Co. is a partnership firm registeredin Pakistan and an independent member ofMGI Worldwide, a network of independent accounting, auditing, tax and consulting fjrms worldwide.

LSE VENTURES II MITED

CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION (UN-A UDITED) US AT DECEMBER 31, 2025

ASSETS

Non-Current Assets

Investment in associates l°inancial assets Prepayments

L ODU tCYlYl dC OSii S

Note

6

December 3f, June 30,

•au ited Aud e

Rupees in thousand

Current Assets

Receivables, advances and prepayments

Tax refunds due from Government - Income tax Cash and bank balances

d,072,03I

7

371,5t6

2,963,290

265,374

Assets classitied as held for sale

EQUITY AND LI ABILITIES SHARE CAPITAL AND RESERVES

Authorized Shsre Capital

600,000,000 (June 30, 2025: 300,000,000) ordinary shares of Rs. OS

(June 30, 2025: Rs. 10) each

Issued, subscribed and paid-up sbare capital

Capital reserves:

• Deuterger reserves

• fair value reserves

8 47, 126

9 3,0 0 00 00 000

9n 1,795,979 1,793,979

R.evenue reserves:

- Un-appropriated profits

363,957

495,800

Right subscription money

Total Equity

LIABILITIES

Non-Ciirrenl Liabilities Deferred tax liabiltty Current Liabilities

Trade and oiher payables

Provision for taxation Unpaid dividend Unclaimed dividend

CONTINGENCIES AND COMMITMENTS

190,774

I0

2,655.736

446,31 I

173,743

4,443,546 3.275,790

The annexetl notes 1 to 20 form art Integral par! of these condensed interim financial statements (un-audited).

Cblcf Exec llvc Officer Director

Chief 'man ial Officer

LSE VENTURES LIMITED

CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS (US-AUDITED) FOR THE HA£ F YEAR AND QUARTER ENDED DECEMBER 31, 2025

The 4nnexed pates I IO 20 form en integral part of tltese c0ndensed Interim financial statcme/tts (un-audited).

ISO

Chief 7' ccutlve Officer Director

LSE VENTURES LI MITED

CONDENSED INTERIM STATEMENT OF COMPREHENSIVE INCOME (UN-AUDITED)

FOR THE HALP VEAR AND QUARTER ENDED DECEM8ER 31, 2025

Net flT0kt f0r the Period Other Comprehensive Income

l,026,6‘74 122,968 98t,853 3 l,4§5

Share of other comprehensiveincome 6om associate Fair value gain on invescuents

Less: deferred tax

155,758

86,438

86,438

Total Comprehensive income for the Period

1,t82,43y 209,406 1,137,611 I I 7,89S

The annexed notes 1 to 20 form an integral part of these condensed interim fmancial statements (un-audited).

Chief Etc ve Mcer Chief Filtan tal Officer

USE VENTU RES LI MITED

CONDENSED INTERIM STATEMENT OF CHANG EN IN EQUITY (U N-A UDITE O) FOR THE HA LF YEAR ENDED DECEMBER 31, 2025

8alsocc as ct Juoc 30, 2024 tAuditcd)

1,795,979

152,791

26,331

179,324

466,846

2,442,149

a: annexed notes I to 20 form an integral part of these condensed interim financial statements (un-audited).

Chief F.xcc live f3fficer

' ” ,

I

Chief Financia Officer

LSE VENTURES LI MITED

CONDENSED INTERIM STATEMENT OF CASH FLOWS (UN-AUDITED) FOR THE HALF YEAR ENDED DECEMBER 51, t025

CASH FLOWS FROM OPERATING ACTIVITIES

Profit before levy and taxation

Share orp -ofit of associates Amortization

Dividend incomc

Unrealized gain on securities

Unrealized fair value gain on invesmient Realized gain on investment

Finance cost

i,ogr,zss i74.08t

’rh‹ annexed notes I to 20 form an integral part of these condensed interim financial statements (un-audited).

IQco

!

ChleC Fln*nc *i ‹›m«

USE RENTURES LIMITED

NOTFS TO AND FORMING PART OF THE CONEENSED INTERIM FINANCI AD 6TA TEL ENTS (UN-A tJ1'1fTt DJ

FOR THE HALP TEAR AIID QUARTE9 ENDED DECEMBES 3I, 2025

I CORPORATE AND GENORAL INFORMATI ON

LSE Ventures Limited (" LSEVL/rhe Company") is one of the companic s created out of the successor of the

+^^g^ 8^ !"8^"7 invcsrmenrs in critical capital market infreso ucture insfiNtions haymg been made by LSE during J^* ^!+° °8 functioning as a stock exchange.

On January 27, 2026, the Company obtained a 1jcense under of the Corpomte Restructuring Companies Act -20 16. Tlnis positions the Company to be deemed as a PinancisI institition for the purposes of clanse (a) of Seriion 2 of Financial Institutions (Recovery of Finances) Ordinance - 2001. Tbt new' license also enables 8** !" acquiro non-performing asset of financiat institutions, and resnucrure, reorganize, rev ive and liquidate !8°••

The geographical location and address of the Company is as under:

Business Uoii Geographicst Location

Head office / RegJsJercd Office The Exchange Hub, LSE Plc, 19, Kfiayaban•e• A iwan-e-

7.I These condensed interim financial statements has been prepared in accordance with the accounting and i sporting standards as applicabJe in Pakistan for interim financial reporting. Tlne accounting and reportIng standards as applicabie in Pakistan for interim fnancial reporting comprise:

- bemaioalAxov pSWtv4(ASJ4-M%mFñx alR

Accounting Standards Board (tA SB) as notified under the Companies Act, 20 l7;

• Provisions of and directives issued under the Companies Act, 20 l7.

W4nore provisions of and directives issued under me Companies Acc 2017 differ witfi the requirements of IAS 34, the provisions of and directives issuod under the Companies Act, 2017 have been followed.

1. These condensed interim financial sut cmcnts zm utiauditcd md have been subjected to limited scope review by the external auditors as reguiJ cd by Section 237 of rbc Coraganics Act, 20 17. The figutes for tfie griartcw ended on December 3 I, 2025 and 2024 presented in the condct+scd interim Financial statements Marc not been reviewed by the external anditors.

2. jjg5e condensed interim financial statements are pmsented in PM rupees, which is the Company's functional and presentation currency. Figures have been roWd•6 off to ft•oe3t thomand rupees, unless stated otherwise. Tlnese condcnsed interim financial •mi•i i• im do noI include all the information required for aimual PinancIat statements and therefore, should be read in conjunction with the annual financial statements of the Company for the j'ear ended June 30, 2025.

The 999ounting pot jcies and methods of pr0n4flt8lion of th•t4 6or1d6nn•d interim financial statements we tho sarne in tlnose fo jjowea in ltte preparation of annual financial statements for the preceding financial year ended June 30, 2025.

There were ccnein amendments to accounting and reporting standards which became mandatory For tlj Ccinpans' during the period. However, rho financial reporting of the Company and, thete fore, have not bcei dis;|‹›sed in I}jes Cgnden5ed interim financial sIarem*nrs. AmendNtfiT5 did ROI have «ny SignificanI impact otj h? financial reposing of the Company and, therefore, have noi been disclosed in Iliim fineoc ial platen cns.

ACCOUNTING ESTIMATES AND JUDGEMENT

The accounting estimates and associated assumptions used in the preparation of these condensed '"*•** financia1 statements are consistent wiih those applied in the preparation of annusl financial statements of the Company %• *’ inunediate ly preccd ing year ended June 30, 2025.

INVESTMENT IN ASSOCIATES

Under Eqns ty Method

LSE Financisl Services Limited (DSEFSL) Digital Custodian Company Limited (DCCL)

National Ciearing Company ofPakismn Limited (NCCPL) Central Depository Company ofPskistan LJmiie6 (CDC)

5. l

661,é•N 554,0 14

846,043 770,081

8g4,gI7 844,759

2,402.404 2 168 854

Reconciliation f changcs ia c iog va]ue / Fair value of irjvcstmcnu in associates:

Opening balance

$5are of profit /(loss) for the period Additional shares through Scheme of Arrangement

Adjustmont of Associate Income after Scheme

387,918 104,505 61,59I 554,014

39,613 (10.d86) 405 29,533

14,739 1,684 1 I6,422

12,370 (2 j ,0 14 }

Share of other comprehensive incof •7(loll) D*vidend received during the period

iio,izsj

( 10,5 29)

Shareholding in %age

g dance as at June 3O, 2025 Investment made during the year Share of profit (loss) during the year

5hare of comprehensive income (loss J Bargein purchase gain

Dividend received duriflg the year

Ciosing balance

No. of shares field SfiarchoJding in %agc

5.2 544.110 T4.689 42,645 66l,444

SB.3S9,394 Y.66y,470 3.996,399

16.25*Z< 20.40% 9.99%.

360,27 1 103,836 60,92 1 525,028

These are associated companies according Io the requétnlents Of IAS z8 'I# ytstment in Associstes'. The

Company has significant influence due to its representation on tfie Board °8 **"*°'^ ° "”’ """"

companies. Therefore, investments in these associates have been accounted %' ^8•° **• •9"** "‘ The shans of LSECL and LSEFSL are listed on stock cxchange at price of W 6.45 and ** 'P”"”'8 "'

PKR. 107- each.

(he investments in associated companies base been made •**°"8^*• *"8 *• requirements °' "' “”8‘'"‘ Act, 20 17.

Under F•ir v•lut 4brough Other Comprehensive Income

Reconciliation of changes in carryig value / fair value "8 '"••• •"* *" ^•"* •*•^'

D99ember 31, 2025 (Un-auditeé)

Rupees in ttiones n6s -—-

Balance as at June 30. 2025

Faé value gain - OCI

Balance as at December 3I, 2025

Shareho1ding in %°age

Balance as at June 30, 202a Fair value gain - OCI

Balance as at june 30, 2025

F'INANCIA D ASSETS

International Learning Centre (brivato) Limited (BerlitfJ Reckitt Benckiser PHistan Limited

n« Pakistan Crcdii Bating Agency Limited (PACkA) I.isted Securities

23 730 #6G TO 000 8

23.53% 10.00%

Tots1

Note {Un-auditcdJ (Aiidited}

6.1 6H,000 656,000

6.2

6.3

64

(3I ,089} (3 1,089}

6.6

GasPon Consonium Limited (PGPC) which are non-voting. p"'›^! !y g!^°^*' unlisted, ’^"“”' "’*!" cumulative and floating rate preference shares with a par valve "8 ' ! •••8 These P"•*• "’ """ ‘ " dividends at six months KIBOR plus 5.5% per annum.

This represented the Company's shste of 26.78% oF patoicrship '8 * 8 ^ - ’ '“^’ Thakur ”‘ *’ Muhammad Safaar Malik under the mm* of SSR Pictures & 5Abbi 8' 8 **'** *^ ’'°"""‘ '" “’ 8‘ “’

The Company holds 6,477,27 1 equity shares of Pa.kistan Mercantile Exchange I'm'ted *‘"‘ 8 '^ ownership in investee. The fair value of fluis in•exHeni is bated «» the breakup value of shares as

iinaudited accounts provided by tfie management as of Jiine 30. 2025.

The Company fiolds 10,636 (June 8 0, 2025: I 0,636) tfiW•n of Intemation8l Learning Centre ("'"" Limilch,

which repmsents 9.33% (June 30. 2025' 9.33%) 0 •'•8*P

The ompany holds 751 (June 30, 2025: US I } shares ie Reckitt Benckiser P&1stan Limited •*"' is In wjl*sted public company.

6.6 The Pattistsn Credit Rsting g•8*J L imitcd (PnCR.A)

The Company holds 32.4% of the issued share capHal ofPatci3tan Credit Rating Agency Limited (PACRA).

During the year, following the listing of PACRA on the Pakistan Stock Exchange ^8 • reass*s-:r*nt "* influence, Je Company reclassified iIs in••5tmenI fr0nl assets held for tale !8 • financial ••• 888•• IFRS '

7 REC E TABLES, AD YANCES ANB PR£PA YMENTS

December 31, June 30

2025 2025

Note (Un-audited) (Au6 ited)

Accrued dividend income Receivable fiom relatecl pm‘tY Aavencrs io employees Advances to hroktr

Other rceeivable

USE Capital Llmlted

7. 1

54,987 60.064

I40,0I5 94,T24

l,482 1,482

8,905 7,774

211,309 1h5,3 10

ThePa ksi@n C red ll R atlng Agency limited {PA C RR)

During the cy sr, following the li lmgo l' PAcU on ieli Pakistan stock Ex

chra i•8 enda r• • es*me nt of influence, the

Company reclassified iu in¥ cst mcnl 6om assa

5ne.nciaT

asset under IFKS *' reflecting the absence of

sing ificajJt

influence and relj rcvJscd

business model.

AUTHORHED SHARE CAPITAL

A« thoi a

snare csplml compi<>

ofé

0o,0oo,00o (Jaue

80, 2025. 300,0o0,OOOJo rdimn

•*••••°*

! *" ' ’

2025

Rs. 10) each.

Ordinary of Rs. 057- each isms d for

7 consideration other thn in cytr

Pursuant to the shareholders' special resolution in mee xoaordinayr

generalm t

ccing held on August 8›

2025, t lej

face value

of each orfiinary

sit are of me Company

*88

split

from Rs

1. to 0S

   Suhseguenl Iy, the Company ipijiatcd ]ege] proceedings bcFore ihe Coun oF Senior Civil Judge. ’ ^’ ” On December 10, 202a, the Court gramcd interim rin Favour aF the ‘^ P^’7* " *’^ order daicd Dccc+ribcr ) T, 2025, the Court clarified that its order oF Decca , ] 0, 3025 n•x r‹ consjrued as a

   suspension of lhc operation oF tkc M BO.

   Based on Ihe advice oF the Company‘s Hegel counsel, maagcment believes that "' Sampayi “ ^””'8

   grounds in tic m « md expongoing and the outcome and i inning of final resolution cannot presently be determined **•* •***'•"• """'8' "° contingent impact on any asscl oF the Company has been recognised 8 *""* """’"'"! ”"*’""”*' Accordingly, no adjusmis needed to these financial srat*m<>

   1. The Company has noI recognized provision for Punjab Workers' W•18^• 88"8 (PWWF) amounting '° Rs. 16.863 million (2025: Rs. I 1.842 million) on the pn•text ihai it does not %11 under the de finition of induslzia) i+i clause {d) oF section 2 oF the PunJab Workers' "”’^" ’ Acl, 20} 9 aor docs ii employ aoy worker as delved i» clause (I} of section 2 of tLc "! and ^*"!'" "’ ”* Punjab Industrial Relation Act, 20 10.

   2. Commitments

      The Company has recognized a Super Tax liabilig oF PEK T2.37 million payable ^" +8^ Fcdera i Board of Revenue (FBR). However, management believes that the judgment of the Honorable Islsmabad High Coun on flue applicabil try of Super Tax msy materially affect ihe enforecability °8 '8*8 1iabil try. Accordingly, tfie matter remains under legal consideration and is subject to the final 0"'*"*• "8 !8* judicial process. (June 30, 2025: Nil).

      galF Year Eadcd Dec 3I,		Q¥4Pt€T Ended Dec 3 I,
      2025	| 2024 |	2025	2024
      Rcpees In thousands }		Rupees in thousends

2. REYEH E

   Dividend income

   Unrealized fair value gain on investments Realized gain on securities

3. OTHER H•JCOME

23fl,824 I 87,079 I 67,S68 69,530

y,593

195.3 85

8 ( l,036)

I S7,S76 74.*07

PACRA holding as on 31. I 2.2025 Cost

Ntiniber of shsres Sheretoié ing in %sge

1 4 Tn XATf ON

6.6

z4,i+suns

32.40%

48,692

SAR6INGS PER SHARE

Basic & diluted earnings per share

Profit tions after tax (Rs. Ifl '909s)

Weiglitod average nwriber of shares outstanding d«ring the g

Earnings per share (Rupees) - Basic and dimmed

zozs

HzlI Year Endeé

zoi‹

- —-(Un-zu dfied}——

j,026,é’/4 122,968 fi81,853 3 i ,4'i5

(Rs. per share) 2.86 0 34 2.73 0 09

Comparatives for earnings per share have been restated to incorporate the impact of shares splu during the period

16 TRANS ACTI ONE WFTH RE LATED PARTIES

Related panics comprise associated companies undertakings, companies wfiere 'Directors also hold directorship. rtrirrmenl benefits fund and key management personnel. Balances with redated parties are disclosed in respective notts to tnesc financial statements, whereas significant transactions with thcst related parties during ice period are under.

transactions fiuring tte perlofi

Treusections fiuring the period year National Clearing Company of Pakistan

Dividend reefived

Cenoal Deposiiory Company of Pakisan

TSE Capital Limited

Dividend received

Diviéoad Rm<>

Expenses paicl on behalf of conipan y

69,504 35,350

5,000

Receipts on betelf of the company . Markup received on intercompany 7,géi balances

5,254

Chief Executive remuneration

USE Emp Joyces's Provident Fund Trust

Directors

Equity management fee payable

Dividend Received Dividend paid

ContñbiitJon for the period Matting See paid

20,833

I 6,677

2,800

(8,980)

Balance

• NaiJonai Cleaving Company oF Pakistan Limited

• T:cncal I silo+y Company of Pakistan Limited

  3t, 2025 2025

  ()naudlted) (AudTtod)

  74,689 10*, j9y

  42,G45 f›0,8h j

  Dec «il›•r June JO,

  3t, 2025 2025

  Receivables

  • Due from LSE Cap ital Limited

    Yrede and otker payabes

  • Due to LSE Capital Limited

I40,0t 5 -

- 29,303

1. SEGMENT REPORTING

   17,1 Revenue from investments represents 100% of total revenue of the Company. Therefore, there is one reportable segment as per IFRS-8.

   1. The entire revenue is generated in Pakistan.

   2. Dividends of investments in financial assets accounts for 94% of total revenue for the ye8t, Revenue frown dividend income from investment amounts to Rs. 207.33 million.

   3. All non-current assets of the Company as at reporting date are located in Pakistan.

t8 FINANCIAL RISx IMANAGEMENT

I 8.1

t8.2

Financial risk factors

The Company's financial risk management objectives and policics are consistent with those disclosed the preceding audited annual publishcd financial statements of the Company for ‹he year ended 50 June 2025.

Fair values of finaneiat instruments

Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly

transaction between marktt participants at the measurement date.

Underlying the definition of fair value is the presumption that the company is a going concern and there is no intention or requirement to curtail materially the scale of its operations or to undertake a transaction on adverse terms.

A financial instrument is regarded as quoted in an active market if quoted prices are readily and regularly available from an exchange dealer, broker, industry group, pricing service, or regulatory agency, and those prices represent actual and regularly occurring market transactions on en arm's length basis.

I FRS 13 ’Fair Value Measurement’ requires the company to classify fair value measirements and fair value hierarchy that reflects the significance of the inputs used in making the measurements of fair value hierarchy has the following levels:

Level 1 -

Level 2 -

Lcvel 3 -

Quoted prices (unadjusted) in active markets for idcntical assets or liabilities. Inputs other than quoted prices included within level 1 that are observable for the asset or liability, either directly or indirectly (that is, derived from prices).

lnputs for the asset or liability that are not based on observable market data (that is, unadjusted) inputs.

Transfer between levels of the fair value hierarchy are recognized at the end of the reporting period during which the changes have occurred.

During the year, there were no transfers between level 1 and level 2 fair value measurements, and no

transfers into and out of level 3 fair value measurement.

The Company has not diCcJosed 1e fair values of the Fmancial asscts and financial liabilities because thcir carrying amounts arc rcasonablc approximation of fair values, except fair value of equip instruments as explained below.

The table analyscs financial assets measured al the end of the reporting period by the level in ttc I:air v:hue hierarchy into which the faiF value mcasuremcnt is categorized:

Finsneial assets

Finaiuial assets at fair value through profit and loss -Financial assets ai fair value through profit and loss - I isted

As on December 31, 2025 - unauditrd Carrying Recurring fair value azrmunt Level 1 Level 2 m ve1 J

-934 581

- 104,858

I 04,858 934,S81

................. ............Rupges in 000s ............ ................

Finarcial assets

As on I urie 30a 202a - audited Carrying Recurring fair vale

auurit Level 1 Level 3 Level 3

.. ,. ,.... ........... ..Rupees in OOOS ,....,.........

Finarcial assets at fair vcluc though profit ard loss • 103, 127 F cial asscts at fail value Waugh profit and loss - listcd 58,796

- 105,1 27

58 796

163,923 58,796 - I fi5, 127

1. AUTHORIZATION OF CONDENSE D INTERIM FINANCIML STATEMENTS

   These condensed nterim financial statements (un-audited) were approvcd and authorized for issuance on

   by thc Boazd ofD irectors of the Company.

2. GENERAL

Corresponding figures are re-arranged / reclassified, wherc ver nccessary, to faciiilaie comparison. Nn material reclassifications havc been made during the year except for as disclosed in note 8 of the financial statements.

Th

Chief Ez cutlve 0Mccr Chlef Flnnnrial 'Offict r

us«v«NTun«s

Corporate Restmcturing Company