Maple Leaf
Cement Factory
Limited
42, Lawrance Road, Lahore (Pakistan) Phones: +92•42-36278904-5, Fax• +92-42-36373067, Email:mlcfl@kmlg.com
the General Manager, Paliistan Stock Exchange Ltd, Stock Exchange Building, Stock Exchange Road, Karachi.
PUCARS / CourierMLCF/PSX-8/17
February 23, 2026
Subiect: DISCLOSURE OF MATERIAL INFORMATION
Dear Sii s,
In accordance with Section 96 of the Securities Act, 2015 and Clause 5.6. 1(a) of the Rule Book of the PakIstan Stocl‹ Exchange Limited (' Exchange"), we, Maple Leaf Cement Factory Limited (the ".'co,iiirer/MLCF"), here ay submit that we have fulfifled all obligations as stipulated under the Secui ities Act, 20.15 ai:d the. Listed Companies (Substantial Acquisition of Voting Shares and 4 al‹eovers) Regulations, -°017 ii: : elation to the public offer for the acquisition of up to 26,623,096 t»dinary shares (constitii:ing ! 1.72% of the shareholding interest) and control ofPioneer Cement Linii"ted (the "PIOC").
The Manager to the Offer, Next Capital Limited, has issued a certification confirming fulfillinent ct cbIigatioiis by the Accuirer on February 19, 2026.
!' t!riliei. we wiser to inform the Exchange that pursuant to tire Share Purchase Agreeiiaent dat.•d l9eceo:her 1.7, 2025. we have also ace.ri ired 131,820.554 ordinary shares (constituting 58.03% of the sharer:olding interes:) on February 20, 2026. MLCL already holds ‹12,082,047 (18.530 o) along tit› its gi orip associates and together with the aforementioned acquisition, MLCF and its
ossociates' collective stake not.v stands at 68.28% in the ordinary shares and control of PIOC, thereby renJ.ering PIOC a subsidiary of Maple Leaf Cement Factory Limited.
You may please inform rlie T!tE Certificate Holders of the Exchange accordingly. '.'our s faithli:lly,
Por 1›inplc Le C ..en*. Factory Limited
(Muhaaima As ra Company ecretary
O iO:
Director / HOI7
Surveillance, Sup•-rvis'on and ñnforcerrient Department
*ecurities ancl Exp! .fljge Com:ij iss.ou of Pakistan N1C Bui1di wg, 63 .iiimali R.v e!rite i3ltie Area.
Islamabad.