Sukuk - I redemption

MISIL/Sukuk-I/2026 March 03, 2026

Pakistan Stock Exchange Limited, Stock Exchange Building,

Stock Exchange Road, Karachi.

By PUCAR & Courier

Dear Sir,

We are pleased to inform you that the Rated, Listed, Secured & Privately Placed Long Term Islamic Certificates Sukuk-I certificates amounting to PKR 3,000,000,000 (Rupees Three Billion only), issued by Mughal Iron & Steel Industries Limited in March 02, 2021, have been successfully paid.

The Company has repaid the entire outstanding principal amount of PKR 3 billion through 16 equal principal installments of PKR 187,500,000 each, along with 20 profit installments, in accordance with the agreed terms.

Yours Sincerely,

For and on behalf of,

(Company Secretary)

CC: The Executive Director Securities Market Division (SMD) Securities & Exchange Commission of Pakistan Islamabad.