Oil and Gas Development : FINANCIAL RESULTS FOR THE PERIOD ENDED MARCH 31 2026

About this update from Oil & Gas Development Co. Ltd.

CS-04-08 (PSX/LSE/SECP) April 29, 2026 The General Manager, Pakistan Stock Exchange Limited, Stock Exchange Building, Stock Exchange Road, Karachi London Stock Exchange Plc. 10 Paternoster Square, London EC4M 7LS Tel: (44) 20 7334 8907 Subject: FINANCIAL RESULTS FOR THE PERIOD ENDED MARCH 31, 2026 Dear Sir, We are pleased to inform you that the Board of Directors of our Company, in its meeting held on April 29, 2026 at 1400 hours at Islamabad, has approved as follows: CASH DIVIDEND An Interim cash dividend for the quarter ended March 31, 2026 @ Rs 3.25 per share i.e. 32.5 percent. This is in addition to interim dividend already paid @ 7.75 per share i.e 77.5 percent. The above entitlement will be paid to the shareholders whose names will appear in the Register of Members on May 11, 2026. The Share Transfer Books of the Company will be closed from May 12, 2026 to May 13, 2026 (both days inclusive). Transfers received at the CDC Share Registrar Services Limited, CDC House, 99-B, Block 'B', S.M.C.H.S., Main Shahrah-e-Faisal, Karachi-74400 at the close of business on May 11, 2026 will be treated in time for the purpose of above entitlement to the transferees. The financial results of the Company are enclosed at Annexure-I and quarterly report of the Company for the period ended March 31, 2026 will be transmitted through PUCARS separately within the specified time. Yours sincerely, Encl as above Copy: (Wasim Ahmad) Company Secretary Executive Director/HOD, SECP, 63, NIC Building, Jinnah Avenue, Blue Area, Islamabad. OIL AND GAS DEVELOPMENT COMPANY LIMITED CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION [UNAUDITED] AS AT 31 MARCH 2026 Unaudited Audited Unaudited Audited 31 March 30 June 31 March 30 June 2026 2025 2026 2025 Note ---------------(Rupees '000)-------------- Note ---------------(Rupees '000)-------------- SHARE CAPITAL AND RESERVES NON CURRENT ASSETS Share capital 43,009,284 43,009,284 Property, plant and equipment 8 126,684,782 97,861,516 Development and production assets 9 167,339,841 139,011,750 Reserves 4 33,627,211 33,909,396 Exploration and evaluation assets 10 25,929,330 28,939,818 319,953,953 265,813,084 Unappropriated profit 1,330,657,884 1,271,319,016 1,407,294,379 1,348,237,696 Long term Investments in subsidiary and associates 11 163,688,975 137,640,235 Long term Investments at amortized cost 12 20,285,645 20,285,645 Long term loans- s...

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