Mughal Energy Ltd.PSX: GEMMEL

Resolutions adopted at the Annual General Meeting of the Company held on October 18th 2025

· Issued by Mughal Energy Ltd.

Ref: MISIL/AGM/FY 2025 October 20, 2025

The General Manager

Pakistan Stock Exchange Limited Stock Exchange Building

Stock Exchange Road Karachi.

By PUCARS & Courier

SUBJECT: CERTIFIED COPY OF RESOLUTIONS PASSED AND ADOPTED BY THE MEMBERS AT THE 13TH ANNUAL GENERAL MEETING OF THE COMPANY HELD ON OCTOBER 18, 2025

Dear Sir,

In compliance of Regulation No. 5.6.9(b) of the Rule Book of Pakistan Stock Exchange Limited, please find attached certified true copy of the resolutions passed and adopted by the members at the 13th Annual General Meeting of the Company held on October 18, 2025 at Auditorium of LSE Capital Limited, Basement No. 2, LSE Plaza, 19-Khayaban-e-Aiwan-e-Iqbal, Lahore.

The above is submitted for information of the Exchange.

Yours Sincerely,





For MUGHAL ENERGY LIMITED

MUHAMMAD FAHAD HAFEEZ

(Company Secretary)

CC: The Director (Enforcement Department), SECP Islamabad

RESOLUTIONS PASSED AND ADOPTED BY THE MEMBERS AT THE 13th ANNUAL GENERAL MEETING OF THE COMPANY, HELD ON OCTOBER 18, 2025

ORDINARY BUSINESS

  1. To receive, consider and adopt the Audited Financial Statements of the Company together with the Chairman's Review Repot, the Directors' and Auditors' Reports thereon for the year ended June 30, 2025. "RESOLVED that the Audited Financial Statements of the Company together with the Chairman's Review Report, the Directors' and Auditors' Reports thereon for the year ended June 30, 2025 be and are hereby approved and adopted."
  2. To appoint Auditors and fix their remuneration for the year ending June 30, 2026. "RESOLVED that M/s. Muniff Ziauddin & Company, Chartered Accountants be and is hereby appointed as Statutory Auditors of the Company by the members to hold office for the upcoming term 2025-2026 concluding on the next Annual General Meeting at a remuneration to be fixed and approved by the Board of Directors.''

    SPECIAL BUSINESS

  3. To consider and, if deemed fit, to pass with or without modification, the following resolutions as Special Resolutions with respect to related party transactions in which some or majority of Directors are interested:
"RESOLVED that the transactions entered into by the Company with related parties during the year ended June 30, 2025 as disclosed in relevant notes to the financial statements in which some or majority of the directors are interested are hereby ratified and confirmed."

"FURTHER RESOLVED that the Company be and is hereby authorized to enter into and carry out transactions from time to time with related parties during the ensuing year ending June 30, 2026. Further, the members have noted that for the aforesaid transactions some or a majority of the directors may be interested. Notwithstanding the interest of the directors, the members hereby grant an advance authorization to the Board Audit Committee and the Board of Directors of the Company to review and approve all related party transactions based on the recommendation of the Board Audit Committee."

"FURTHER RESOLVED that the related party transactions as aforesaid for the period ended June 30, 2026 would subsequently be presented to the members at the next Annual General Meeting for ratification and confirmation."

Certified & True Copy

Company Secretary