Sukuk - VII - Redemption

MISIL/Sukuk-VII/2026 August 18, 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 Short Term Islamic Certificates Sukuk-VII certificates amounting to PKR 1,500,000,000 (Rupees Fifteen Hundred Million only), issued by Mughal Iron & Steel Industries Limited in November 14, 2025, have been successfully paid.

The Company has repaid the entire outstanding principal amount of PKR 1.5 billion through 03 equal principal installments of PKR 500,000,000 each, along with 03 quarterly 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.