Resignation of Head of Internal Audit

Ref: MISIL/PSX/2026 May 13, 2026

Pakistan Stock Exchange Limited Stock Exchange Building,

Stock Exchange Road, Lahore.

Dear Sir,

In compliance of Regulation No. 5.6.1 (a)(xii) of the Rule Book of Pakistan Stock Exchange Limited. We have to inform you that Mr. Saeed Hussain has resigned from the post of Head of Internal Audit of the Company.

Further, the appointment of head of Internal Audit shall be communicated to the Exchange in due course upon completion of the necessary formalities.

For MUGHAL IRON & STEEL INDUSTRIES LIMITED

(Company Secretary)

CC: Executive Director / HOD,

Offsite-II Department, Supervision Division, Securities & Exchange Commission of Pakistan 63, NIC Building, Jinnah Avenue, Blue Area, Islamabad.