Millat Tractors LimitedPSX: MTL

Certified copy of resolutions passed in eogm

· Issued by Millat Tractors Limited

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MILLAT TRACTORS LIMITED

P.O. Box No. 12023 Sheikupura Road, Shahdara, Lahore, Pakistan. UAN: +92-42-111-200-786Tel: 37911021-25 Fax: 37924166, 37925835

URL: https://www.millat.com.pk, E-mail: info@millat.com.pk

Ref: MTL/CA/EOGM/2026/7�/� June 09, 2026

The General Manager,

Pakistan Stock Exchange Limited, Stock Exchange Building,

J

Stock Exchange Road,

AUSTRIA HELLAS

TUY

EN ISO 9001:2015

NO: 0418386052323

Karachi.

Dear Sir,

CERTIFIED COPY OF RESOLUTIONS PASSED IN EXTRA ORDINARY GENERAL MEETING

Pursuant to provisions of Regulation No. 5.6.9 (b) of Rule Book of Pakistan Stock Exchange, we are enclosing herewith certified copy of resolutions passed in the Extra Ordinary General Meeting of the Company held on June 05, 2026 at the Registered office of the Company 9

K.M Sheikhupura Road, Shahdara, Lahore.

Thanking you.

Regional Offices:

Karachi :3-A, Faiyaz Centre,Sindhi Muslim Co-Operative HousingSociety, Tel: 021-34553752, 34556321 UAN 111-200-786, Fax: 021-34556321 Islamabad :House No, 22,Street 41,Sector F-6/1, Tel: 051-2271470, 2270693 UAN: 111-200-786, Fax: 051-2270693

Multan Cant! :Garden Town, Daulatabad,SherShahRoad, ·Tel: 061-6537371, Fax: 061-6539271

Sukkur :House No, B-106Akuwat NagarSociety Near Goal MasjidAirport RoadSukkur. Tel: 071-5815041, Fax: 071-5815042



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MlllAT TRACTORS llMITED TUY

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P.O. Box No. 12023 Sheikupura Road, Shahdara, Lahore, Pakistan. AUSTRIA

UAN: +92-42-111-200-786 Tel: 37911021-25 Fax: 37924166, 37925835

URL: www.millat.com.pk, E-mail: info@millat.com.pk NO: 041s386os2323

CERTIFED TRUE COPY OF RESOLUTIONS PASSED IN EXTRA ORDINARY GENERAL MEETING HELD ON JUNE 05, 2026 AT THE REGISTERED OFFICE OF MILLAT TRACTORS LIMITED

ITEM NO. 1 CONFIRMATION OF MINUTES OF 62nd ANNUAL GENERAL MEETING

"Resolved that minutes of 62rd Annual General Meeting of the Company held on October 24, 2025 be and are hereby confirmed."

ITEM NO. 2

RATIFICATION AND APPROVAL OF SHARE CAPITAL ALREADY APPROVED BY THE BOARD

"RESOLVED THAT pursuant to Section 85 of the Companies Act, 2017 and Article 34 of the Articles of Association of the Company, the existing capital of the company, including authorized, issued and paid-up capital, is hereby altered in a manner that each ordinary share of the Company having face value of Rs. 10/- be subdivided into two ordinary shares of Rs. 5/- each, with no change in rights and privileges of shares.

FURTHER RESOLVED THAT the Authorized Capital of the Company be and is hereby subdivided from 530,000,000 Ordinary Shares of Rs. 10/- each to 1,060,000,000 Ordinary Shares of Rs. 5/-each.

FURTHER RESOLVED THAT the issued and paid-up capital of the Company comprising of 199,515,947 Ordinary Shares of Rs. 10/- each is hereby subdivided into 399,031,894 Ordinary Shares of Rs. 5/- each.

FURTHER RESOLVED THAT in Clause V of the Memorandum of Association of the Company, Rs. 5,300,000,000/- (Rupees Five Billion -Three Hundred Million Only) divided into 530,000,000/- (five hundred thirty million Only) ordinary shares of Rs. 10/- each, be substituted by into 1,060,000,000/-(0ne Billion Sixty Million Only) ordinary shares of Rs. 5/- each.

FURTHER RESOLVED THAT in Article 5 of the Articles of Association of the Company, Rs. 5,300,000,000/- (Rupees Five Billion Three Hundred Million Only) divided into 530,000,000/- (five hundred thirty million Only} ordinary shares o� Rs. 10/- each, be substituted by into 1,060,000,000/-(0ne Billion Sixty Million Only) ordinary shares of Rs. 5/- each.

FURTHER RESOLVED THAT Chief Executive Officer. Chief Financial Officer or the Company Secretary of the Company, be and are hereby singly or jointly authorized and empowered to take all necessary steps to effectuate the aforementioned resolutions and to complete any or all necessary corporate and legal compliances and formaiities to give effect to the above, including announcement of closure of Members' Registers, determination of effective date, issue/credit of new physical and electronic shares a�d all other regulatory requirern&nts."

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Regional Offices:

Karachi :3-A, Faiyaz Centre, Sindhi Muslim Co-Operative Housing Society, Tel: 021-34553752, 34556321 LIAN 111-200-786, Fax: 021-34556321 Islamabad :House No, 22, Street 41, Sector F-6/1,Tel: 051-2271470, 2270693 UAN: 111-200-786, Fax: 051-2270693

Multan Gantt :GardenTown, Daulatabad, Sher ShahRoad,Tel: 061-6537371, Fax: 061-6539271

Sukkur :House No, 8-106 Akuwat Nagar Society Near Goal Masjid AirportRoad Sukkur. Tel: 071-5815041, Fax: 071-5815042





NILEAY 7RA€YORS 1lN1Y€b ri?7

ITEM NO. 3

P. O. Box No. 1 2023 Sheikupura Road, Sha hdara, Lahore, Pakistan. UAU . +92-42-111-200-786 Tel: 37911021-25 Fax: 37924166, 37925835

LtR L. «wv. millat.com.pk, E-mail: info@millat.com.pk

A U S T R I A



NO O4 483B6 06232S

APPROVAL OF CORPORATE GUARANTEE, LE i TER OF COMFORT, AND/OR OTHER SECURITY ARRANGEMENTS IN FAVOR OF MILLAT INDUSTRIAL PRODUCTS LIMITED (MIPL) FOR THE E-BIKE PROJECT FINANCING.

"RESOLVED THAT, pursuant to Section 208 anci other applicable provisions of the Companies Act, 2017, the Articles of Association of the Company, and subject to all regulatory requirements of the Securities and Exchange Commission of Pakistan (SECP), State Bank of Pakistan (SBP), and Pakistan Stock Exchange Limited (PSX), the members of Millat Tractors Limited ("MTL") hereby approve the issuance by Millat Tractors Limited of a Corporate Guarantee, Letter of Comfort, and/or other security arrangements in favor of the Lender(s) of its subsidiary, Millat Industrial Products Limited (MIPL), up to an aggregate amount not exceeding Rs. 1,500,000,000/- (Rupees One Billion Five Hundred Million Only). for the purpose of financing the E-Bike Project.

FURTHER RESOLVED THAT, the security arrangements shall be provided solely for the financing of MIPL's E-Bike Project, on such terms and conditions as way be finalized w'!h the Lender(s), and shall be subject to:

  1. An aggregate contingent liability of MTL not exceeding Rs. 1,500,0G0,000/- at any time;

  2. Compliance with all applicable laws, regulations, and corporate goVernance requirements;

  3. Counter-indemnification by MIPL in respect cf any payments made or liabilities incurred by

    MTL under the security arrangements;

  4. Arm's length guarantee commission or fee to be charged by MTL to MIPL.

FURTHER RESOLVED THAT, the Chief Executive Officer, Chief Financial Officer, and Company Secretary of MTL be and are hereby authorized!, sing!y or jointly, to negotiate, finalize, execute, sign, deliver, and register all necessary documents, agreements, deeds, instrum°nts, and writings, and to take all necessary steps and actions to give effect to thi.s S"pec:al Resolution, including but not limited to making requisite disclosur°s !o PSX ann ?>F.CP, an- affixing the Common Seal of the Company where required.



FURTHER RESOLVED Ti-iAT, all acts, cieeds. anc things already dor.e by the Board of Directors and f the Compan'.' in connection v/its, tn= aide ve mattei are hereby ratified and confirmed.'

ss !d

Company Secretary

Regional Offices:

Karachi Islamabad Multan Canlt Sukkur

:3-A, Faiyaz Centre. Sindhi Muslim Co-Operative Housing Society, Tel: 021-34553752, 34556321 UAN 111-200-786, Fax: 021-J4556321

:House Mo, 22, Street 41, Sector F-6/1 , Tel: 051-2271470, 2270693 UAN: 111-200-786, Fax: 051-2270693

: Garden Town, Daulatabad, Sher Shah Road, Tel: 061-6537371, Fax: 061-6539271

:House No, B-106 Akuwal Nagar Society Near Goal Masjid Airport Road Sukkur. Tel: 071-5815041 , Fax: 071-5815042

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