Notice of Board Meeting QI FY 2025

The General Manager

Pakistan Stock Exchange Limited,

Stock Exchange Building,

Stock Exchange Road,

Karachi.

By PUCAR & Courier

MUGHAL ENERGY LIMITED - BOARD MEETING

Dear Sir,

This is to inform you that meeting of the Board of Directors of Mughal Energy Limited ("the Company") will be held on Wednesday, October 23, 2024 at 11:45 am at the registered office of the Company located at 31-A Shadman 1, Lahore, to consider the condensed interim financial statements of the Company for the period ended September 30, 2024 / for declaration of any entitlement, if any.

The Company has declared the "CLOSED PERIOD" from October 16, 2024 to October 23, 2024 (both days inclusive) as required under Clause 5.6.4 of Rule Book of Pakistan Stock Exchange Limited ("PSX"). Accordingly, no Director, CEO or Executive shall, directly / indirectly, deal in the shares of the Company in any manner during the Closed Period.

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

Yours Sincerely,

For MUGHAL ENERGY LIMITED

MUHAMMAD FAHAD HAFEEZ

(Company Secretary)

1. The Director (Enforcement Department), Securities & Exchange Commission of Pakistan Islamabad.