Resignation / Appointment of Director

Ref: MEL/ROD/ 2025-2026 October 30, 2025

Pakistan Stock Exchange Limited Stock Exchange Building,

Stock Exchange Road, Lahore.

Dear Sir,

This is to inform you Mr. Fahad Javaid, Nominee Director of Mughal Iron & Steel Industries Limited (Holding Company) has resigned due to personal commitments w.e.f October 30, 2025. In his place Mr. Abdul Rehman Qureshi has been appointed as a Non-Executive Nominee Director of the Company w.e.f November 1, 2025.

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

Yours Sincerely,

For MUGHAL ENERGY LIMITED

Company Secretary