Energy Limited (Subsidiary Company) - Project Status of Hybrid Power Plant

Ref: MISIL/PSX-MISC/2026 April 28, 2026

Pakistan Stock Exchange Limited Stock Exchange Building

Stock Exchange Road Karachi.

SUBJECT: MUGHAL ENERGY LIMITED (SUBSIDIARY COMPANY)

Dear Sir,

We are pleased to inform you the following Hybrid Power Plant Project status of Mughal Energy Limited (Subsidiary Company):

Turbine rolling has been initiated, marking the commencement of gradual power generation and load/reliability testing, including system stability and safety compliances.

Yours Sincerely,

For MUGHAL IRON & STEEL INDUSTRIES LIMITED

(Company Secretary)

CC: The Director Enforcement

Securities & Exchange Commission of Pakistan Islamabad.