Notice of annual general meeting

filSiJA'I' GROUP

NCPL-PSX/1021

The General Manager, Pakistan Stock Exchange Ltd, Stock Exchange Building, Stock Exchange Road, Karachi.

October 03, 2025

PUCARS / TCS

SUB:

NOTICE OF ANNUAL GENERAL MEETING

Dear Sir,

Further to our Letter No. NCPL/PSX/10372-73 dated September 29, 2025, enclosed please find a copy bf the Notice of Annual General Meeting of the Members ofNishat Chunian Power Limited to be held on October 27, 2025 (Monday) at 12:15 p.m. at Emporium Mall, The Nishat Hotel, Trade and Finance Centre Block, Near Expo Centre, Abdul Haq Road, Johar Town, Lahore.

Please circulate amongst the TRE certificate holders. Thanking you,

Yours sincerely,

KHALID MAH OOD OHAN

Head of Corporate Affii

Copy to: -

The Director / HOD,

Surveillance, Supervision and Enforcement Department, Securities & Exchange Commission of Pakistan,

NIC Building, 63 Jinnah Avenue, Blue Area,

Islamabad. Fax No. (051) 9100440/TCS

Notice of Annual General Meeting

Notice is hereby given that the Annual General Meeting of the members of Nishat Chunian Power Limited ("the Company") will be held on October 27, 2025 (Monday) at 12:15 P.M. at Emporium Mall, The Nishat Hotel, Trade and Finance Centre Block, Near Expo Centre, Abdul Haq Road, Johar Town, Lahore to transact the following business:

1. To receive, consider and adopt the Audited Financial Statements of the Company for the year ended June 30, 2025 together with the Chairman's Review, Directors' and Auditors' reports thereon.

   https://ncpower.com.pk/images/pdf/NCG_Financials/NCPL_Annual/annual2025.pdf

Scan QR code for annual report 2025

1. To ratify Interim Dividends @ 70% i.e. Rs. 7.00 per share already paid during the year ended June 30, 2025.

2. To appoint statutory Auditors for the year 2025-26 and fix their remuneration.

1. BOOK CLOSURE NOTICE

   The Ordinary Shares Transfer Books of the Company will remain closed from 20.10.2025 to 27.10.2025 (both days inclusive) for attending and voting at Annual General Meeting. Physical transfers/ CDS Transactions IDs received in order in all respects up to 1:00 p.m. on 17.10.2025 at the office of Share Registrar, Hameed Majeed Associates (Private) Limited, 7-Bank Square, Lahore shall be considered in time for attending the AGM.

2. ATTENDANCE AT MEETING

   A member entitled to attend, speak and vote at this meeting may appoint any other member as his/her proxy to do the aforesaid. The Instrument appointing a proxy and the power of attorney or other authority under which it

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   is signed or a notarially attested copy of the power of attorney must be deposited at the registered office of the Company at least 48 hours before the time of the meeting. A proxy must be a member of the company. The proxy form in English and Urdu languages is attached. The same is also available on the Company's website: https://www.ncpower.com.pk.

   Members through book entry system under Central Depositary Company of Pakistan Limited, are advised to must bring their original National Identity Cards / Passport along with copy of their particulars of CDC Account duly authenticated by the concerned Participant/Investor Account Services for verification and follow the under mentioned guidelines as laid down by the Securities and Exchange Commission of Pakistan under Circular No.1 of 2000:

   1. For Attending the Meeting

      1. In case of Individuals, the account holder and/or sub-account holder whose registration details are uploaded as per the CDC Regulations, shall authenticate his/her identity by showing his/her original CNIC or, original Passport along with copy of CDC Account Registration details duly authenticated by the concerned Participant/Investor Account Services at the time of attending the Meeting.

      2. In case of corporate entity, the person attending the meeting on behalf of the corporate entity must produce Board Resolution duly certified by the Chief Executive Officer/Director and/or a duly notarized power of attorney in his favor along with copy of proxy form submitted with the Company, the Board Resolution/Power of Attorney must contain specimen signature of the person attending meeting.

   2. For Appointing Proxies

      1. In case of individuals, the account holder and/or sub-account holder whose registration details are uploaded as per the CDC Regulations, shall submit the proxy form as per above requirements.

      2. The proxy form shall be witnessed by two persons, whose names, addresses and CNIC numbers shall be mentioned on the form.

      3. Attested copies of the CNIC or the passport of beneficial owners, proxy holder and witnesses shall be furnished with the proxy form.

      4. The proxy shall produce his original CNIC or original passport at the time of the Meeting.

      5. In case of corporate entity, Board Resolution duly certified by the Chief Executive Officer/Director and/or a duly notarized power of attorney in favor of proxy holder along with proxy form to the Company the Board Resolution/Power of Attorney must contain specimen signature of proxy holder.

3. CIRCULATION OF ANNUAL REPORTS THROUGH EMAIL WITH QR ENABLED CODE AND WEB LINK

   Pursuant to the SECP's S.R.O. 389(I)/2023 dated March 21, 2023, the Members of Nishat Chunian Power Limited had accorded their consent for transmission of annual reports including annual audited financial statements to the members through QR enabled code and Weblink instead of transmitting the same through CD/DVD/USB.

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   The Company has electronically transmitted the Notice of the Annual General Meeting and the Annual Report of 2025 through email to the members whose email addresses are available with the Company's Share Registrar, M/s Hameed Majeed Associates (Pvt) Ltd. The printed notices of the AGM, after insertion of the weblink and QR enabled code for downloading the Annual Report, have also been sent to the members.

   However, the Company shall provide hard copies of the Annual Report to any member on their demand, at their registered address, free of cost, within one week of receiving such request on the specified consent letter/form, which is available on the Company's website https://www.ncpower.com.pk. The Annual Report for the year 2025 is also uploaded on the website of the Company.

   Further, shareholders are requested to kindly provide their valid email address to the Company's Share Registrar, M/s Hameed Majeed Associates (Pvt) Ltd., H.M. House, 7-Bank Square, Lahore, if the Member holds any shares in physical form or to the respective Member's Participant/Investor Account Services, if shares are held in book entry form.

4. UNCLAIMED DIVIDEND / SHARES

   Shareholders who have not collected their dividend/physical shares are advised to contact our Share Registrar to collect/enquire about their unclaimed dividend or shares, if any.

5. VIDEO LINK FACILITY FOR MEETING

   In accordance with the Companies Act, 2017 and guidelines issued by the SECP, participation through video link shall be available to the members. To attend the meeting through video link, members and their proxies are requested to register themselves by providing the following information along with valid copy of Computerized National Identity Card (both sides)/passport, attested copy of board resolution / power of attorney (in case of corporate shareholders) through email at kchohan@ncpower.com.pk or smahmood@dgcement.com by October 20, 2025.

   Name of Member /Proxyholder	CNIC No.	Folio No. / CDC Account No.	Cell No. / WhatsApp No.	Email ID

6. CONVERSION OF PHYSICAL SHARES INTO BOOK ENTRY FORM

   We once again strongly advise members of the Company, in their best interest, to convert their physical shares into book-entry form at earliest. This is as per the requirement of the Companies Act, 2017.

7. SUBMISSION OF COPY OF CNIC (MANDATORY)

Individuals including all joint holders holding physical share certificates are requested to submit a copy of their valid CNIC to the Company or the Company's Share Registrar. All shareholders are once again requested to send a copy of their valid CNIC to our Share Registrar, Hameed Majeed Associates (Pvt) Ltd. The Shareholders while sending CNIC must quote their respective folio numbers and name of the Company.

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PROXY FORM

The Company Secretary, Nishat Chunian Power Limited

59, Shadman Colony-II, Shadman Lahore.

I/We

of being a members(s) of Nishat Chunian Power Limited, and a holder of Ordinary shares as per Share Register Folio No. (in case of Central Depository System Account Holder A/C No. Participant I.D. No hereby appoint of another member of the Company as per Share Register Folio No. (or failing him/her of another member of the Company as my /our Proxy to attend and vote for me / us and on my / our behalf at Annual General Meeting of the Company, to be held on October 27, 2025 (Monday) at 12:15 P.M. at Emporium Mall, The Nishat Hotel, Trade and Finance Centre Block, Near Expo Centre, Abdul Haq Road, Johar Town, Lahore and at any adjournment thereof.

As witness my hand this day of 2025 signed by the said

in presence of

Witness

Signature Signature

1. Proxies, in order to be effective, must be received at the company's Registered Office / Head office not less than 48 hours before the meeting duly stamped, singed and witnessed.

2. Signature must agree with the specimen signature registered with the Company.

2025

Under Postal Certifiate

If undelivered please return to:

Registered Office:

59, Shadman Colony-II, Shadman Lahore, Pakistan. Tel: +92-42-37421435, +92-42-37575970

Fax +92-42-35717239

NISHAT E-Mail: info@ncpower.com.pk