MLCF-Disclosure of Material Information

Maple Leaf Cement Factory

Limited

42, Lawrance Road, Lahore (Pakistan)

Phones: *92-42-36278904-5, Fax: +92-42-36373067, Email:mlcfl@kmlg.com

Pakistan Stock Exchange Limited, Stock Exchange Building,

Stock Exchange Road,

MLCF/PSX-8/03

November 13, 2025

Disclosure of Material Information

Dear Sir,

In accordance with Sections 96 and 131 of the Securities Act, 2015 and Rule 5.6.1 of the Rule Book of the Pakistan Stock Exchange Limited ("Exchange"), we worild like to inform you that the Board ofDirectors ofMaple Leaf Cement Factory Limited ("MLCF") in their meeting held on November 13, 2025 has considered the potential acquisition of shares ofPioneer Cement Limited, subject to finalization and negotiation of commercial terms, completion of due diligence, execution of definitive agreements, undertaking a public offer and receipt ofregulatory approvals. MLCF will keep the Exchange apprised ofmaterial developments as the transaction progresses.

Further, Mls. Next Capital L lmited, having its office at 2'dFloor, Imperial Court Bttllding, Dr. Ziauddin Ahmed Road, Karachi, has been appointed as Manager to the Offer and is authorized to fulfil1 all legal and procedural obligations/requirements on behalf ofMLCF with regard to the public announcement of intention and offer.

(M

s rat)

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

CC

* The Executive Director/HOD, Offsite-II Department, Supervision Division,

Securities & Exchange Commission of Pakistan, 63, NIC Building, Jinnah Avenue, Blue Area, Islamabad.