NBP
HO:SBoD:U3
March 26, 2025
National Bank 0/ Pakistan
The General Manager Pakistan Stock Exchange Ltd. Stock Exchange Building Stock Exchange Road Karachi.
Dear Sir,
CERTIFIED COpy OF RESOLUTIONS PASSED AND ADOPTED BY THE SHAREHOLDERS OF NATIONAL BANK OF PAKISTAN AT 76TH ANNUAL GENERAL MEETING
In compliance with Clause 5.6.9 (b) of PSX Regulations, please find attached the attested copy of the Resolutions adopted in the 76th Annual General Meeting of the Bank, held on March 25, 2025 at 04:00 P.M. in Karachi. The above may be noted for your information and record purpose.
You may inform the TRE Certificate holders accordingly.
Yours truly,
~~
(S. M. Ali Zanun)
Encl: (01)
Secretary (Board~
Secretary Board of Directors
NBP, 2nd Floor, Head Office, 1.1. Chundrigar Road, Karachi. Ph: 99220224 Fax: 99220239
Website:www.nbp.com.pk
CERTIFIED COpy OF THE RESOLUTIONS PASSED AND ADOPTED BY THE SHAREHOLDERS IN THE 76TH ANNUAL GENERAL MEETING (AGM)
HELD ON MARCH 25, 2025
AT NBP HEAD OFFICE, KARACHI. AND THROUGH ELECTRONIC MEANS
1. To confirm the minutes of the Extraordinary General Meetings (EOGMs)of Shareholders held on November 22, 2024, and January 6,2025, conducted in-person and via electronic means.
"RESOLVED THAT the minutes of the Extraordinary General Meetings (EOGMs) of shareholders held on November 22, 2024, and January 6, 2025, physically and through electronic means, be and are hereby confirmed,"
2. To receive, consider and adopt the annual audited unconsolidated and consolidated financial statements of National Bank of Pakistan and its subsidiaries for the year ended December 31, 2024, together with the Directors' Report, Auditors' Report and Chairman's Review Report thereon.
"RESOLVED THAT the annual audited unconsolidated and consolidated financial statements of National Bank of Pakistan and its subsidiaries for the year ended December 31, 2024, together with the Directors' Report, Auditors' Report and Chairman's Review Report thereon, be and are hereby adopted."
3. To appoint auditors for the year ending December 31, 2025, and fix their remuneration. The
Board of Directors has recommended the re-appointment of Messrs. PwC AF. Ferguson & Co., Chartered Accountants at a fee of PKR 45.856 million including some statutory certification and Messrs. BDOEbrahim & Co.,Chartered Accountants at a fee of PKR38.962 million including some statutory certification, to be auditors of the Bank for the year ending December 31,2025.
"RESOLVED THAT Messrs. PwCA F.Ferguson & Co.Chartered Accountants and Messrs. BDO Ebrahim & Co,Chartered Accountants, be and are hereby appointed as statutory auditors of National Bank of Pakistan for the year ending December 31, 2025, with Messrs. PwC AF. Ferguson & Co., Chartered Accountants at a fee of PKR 45.856 million (including some statutory certification) and Messrs. BDOEbrahim & Co.,Chartered Accountants at a fee of PKR38.962 million (including some statutory certification)."
4. To consider and approve cash dividend of PKR8.00, i.e.,80% per share, as recommended by the Board of Directors for the year ended December 31,2024 (subject to the Government of Pakistan's approval under Section-17 of The Banks' Nationalization Act, 1974).
"RESOLVED THAT the cash dividend of PKR 8.00, i.e., 80% per share, to the Bank's Shareholders whose names appear in the Shareholders' Register as of 17 March, 2025 (close of business), as recommended by the Board of Directors for the year ended December 31, 2024, be and are hereby approved (subject to the Government of Pakistan's approval under
Section-17 of The Banks' Nationalization Act, 1974),"
True Copy
Attested
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