Material Information - Resolutions Passed by the Shareholders in the Extra Ordinary General Meeting

Pakistan Stock Exchange Limited, Stock Exchange Building,

I.I Chundrigar Road, Karachi.

As required under Rule 5.6.9(b) of the Rule Book of Pakistan Stock Exchange Limited, we are pleased to inform you that following resolutions have been passed by the shareholders of the Oilboy Energy Limited ("the Company") in their Extra Ordinary General Meeting held on December 16, 2025 at the registered office of the Company.

"RESOLVED THAT, in accordance with the provisions of Section 134(3) and other applicable provisions of the Companies Act, 2017, read with Regulation 3(1)(iii) of the Companies (Further Issue of Shares) Regulations, 2020, and subject to necessary approvals from the Securities and Exchange Commission of Pakistan (SECP) and the Pakistan Stock Exchange Limited (PSX), the shareholders of the Company hereby ratify and approve the change in the purpose of utilization of funds raised through the 100% Right Issue of 25,000,000 ordinary shares of Rs. 10/- each, aggregating Rs. 250,000,000, originally intended for the project titled "Bio-Oil from Pyrolysis-Waste to Energy through Fast Pyrolysis", which have since been utilized for the following purposes: -

1. Expansion of the Company's existing trading business involving coal, LPG, and allied fuel

   products;

2. Enhancement of storage, logistics, and supply chain infrastructure; and

3. Strengthening of the working capital base and related operating assets of the Company.

You may please inform the TRE Certificate holders of the exchange accordingly

Company Secretary

Cc: The Executive Director/HOD, Offsite-II Department, Supervision Division, Securities and Exchange Commission of Pakistan, NIC Building, Blue Area, Islamabad.