Transmission of Quarterly Report for the Period Ended 31 December 2025

Mr. Shahab Rizvi Chairman

Mr. Mohammad Khalid Rehman Chief Executive Officer / Managing Director

Mr. Abid Sattar Mr. Aftab Ahmad

Mr. Imtiaz A.H. Laliwala Mr. Mian Imtiazuddin

Mr. Mirza Nasir-Ud-Din Mashhood Ahmad

Mr. Qumar Sarwar Abbasi Mr. Shakeel Qadir Khan

Mr. Usman Ahmed Chaudhry

Mr. Ali Jaffar

Mr. Muhammad Mubbasshar Siddiqui

P.I.D.C. House

Dr. Ziauddin Ahmed Road

P.O. Box 3942

Karachi-75530

UAN: +92 (21) 111 568 568

Fax: +92 (021) 35680005 & 35682125

Website: https://www.ppl.com.pk

CUIN: 0000378

KPMG Taseer Hadi & Co. Chartered Accountants

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Standard Chartered Bank (Pakistan) Limited United Bank Limited

FAMCO Share Registration Services (Private) Limited

8-F, Next to Hotel Faran, Nursery Block-6 P.E.C.H.S., Shahra-e-Faisal

Karachi.

Tel: +92 (21) 34380101-05

Fax: +92 (21) 34380106

Surridge & Beecheno

Half Yearly Report – 31stDecember 2025 Pakistan Petroleum Limited

DIRECTORS’ INTERIM REVIEW

Your directors are pleased to present the unaudited condensed interim financial statements for the half year ended December 31, 2025, and a brief review of the Company’s operations.

The key operational highlights for the half year ended December 31, 2025, are as follows:

Two discoveries have been made in PPL operated blocks viz. exploration well Dhok Sultan-3 (Dhok Sultan) from Patala and Lockhart formations and unconventional gas discovery in exploration well Lal X-1 (Kandhkot) from Lower Alabaster formation.

Three discoveries have been made in partner-operated blocks viz. exploration well Barki-1 (Kotri North) from Pab Formation, Sawan North Deep-1 from Lower Goru formation (A-interval sands), Baragzai X-1 (Nashpa) from Kingriali formation. Subsequent to the period end, four discoveries have been made i.e., two oil and gas discoveries from Datta and Shinawari / Samana Suk formations of Baragzai X-1 (Nashpa) and two gas discoveries from Hangu/Lumshiwal and Lockhart formations of Bilitang-1 (Tal).

In partner-operated areas, two exploration wells viz. Barki-1 (Kotri North), Billitang-1 (Tal) and a development well Rizq-6 (Kirthar) were spudded during the period.

2D seismic data of 201 line km was acquired in PPL operated Khuzdar block. In partner operated blocks, 96 sq. km of 3D seismic data and 33 line km of 2D seismic data were acquired in Baran and Kuhan, respectively.

The key financial results of the Company for the half year ended December 31, 2025, are as follows:

Basic and Diluted Earnings Per Share

(Rs) 14.84 18.71

Sales revenue decreased by Rs 8,896 million during the current period as compared to the corresponding period. The decrease is due to negative volume variance amounting to Rs 6,994 million, coupled with negative price variance of Rs 1,902 million.

1

Negative volume variance is mainly attributable to lower sales volumes from Sui, Tal and Kirthar fields. This variance is mainly attributable to natural decline and curtailment of gas sales by SNGPL (Sui and Tal). This was partially offset by higher sales as a result of the commencement of production from discovery wells of Shah Bandar, Gambat South and Kotri North as well as from Kandhkot owing to higher gas off-takes by GENCO-II.

Negative price variance is primarily due to the decline in average international crude oil prices from US$ 76 / bbl during the corresponding period to US$ 67 / bbl during the current period.

A comparison of the Company’s share of sales volumes from all PPL operated and partner operated fields is given below:

Natural Gas MMscf 84,088 89,295 Crude Oil / Natural Gas Liquids /

Profitability decreased by approximately 21% compared to the corresponding period. The decrease was primarily attributable to lower sales revenue (as explained above), higher operating expenses due to increased amortisation charge, lower other income amid reduced liquidity and lower interest rates and reversal of impairment loss on investment in PPLA in the corresponding period. The decline in profitability was partially offset by recovery of past costs arising from farm-out of 12.5% working interest in Kuhan block and 65% participating interest in Indus-C block.

As a result of lower sales, an amount of Rs 143 billion was recovered during the current period versus Rs 152 billion in the corresponding period. Further, the Company remained proactively engaged with stakeholders, including pertinent ministries, to address both immediate cash flow exigencies and to chart sustainable solutions to the circular debt challenge.

The Company’s Annual Report 2024 has been awarded the prestigious Silver Award by SAFA in the public sector category. The award ceremony was hosted by the Institute of Chartered Accountants of Pakistan and the Institute of Cost and Management Accountants of Pakistan at Islamabad on November 27, 2025.

This accolade highlights the Company’s commitment to transparency, excellence and best practices in financial reporting and underscores its dedication to upholding the highest standards of accountability and corporate governance, thereby reinforcing its position as a regional leader in the energy sector.

2

The Company secured second position at the 40th Corporate Excellence Awards, organised by the Management Association of Pakistan (MAP) at Karachi on December 4, 2025. The Company was recognised in the oil and gas exploration sector under the industrial category. This recognition underscores the Company’s robust performance and consistent excellence in corporate management across the business landscape. The award further reinforces the Company’s enduring commitment to operational excellence, innovation, and the highest standards of quality and governance.

At present, the Company's portfolio, together with its subsidiaries and associate, consists of forty-seven (47) exploratory blocks, out of which twenty-four (24) are operated (including one offshore Block-5 in Abu Dhabi, being operated by Pakistan International Oil Limited), and twenty-three (23), including one offshore block in Pakistan and one onshore block in Yemen, are partner operated.

In addition, the Company holds ten provisionally awarded blocks, comprising three operated blocks (onshore Kalat South and offshore Gharo Creek and Kochi Creek) and seven partner operated blocks (onshore Ziarat North and offshore Bin Qasim South, Keti Bandar, Behr, Zarrar, Offshore Deep D and Sapat Bandar). An update on major exploration activities is as follows:

In Gambat-II block, bidding process is underway for planned 3D and 2D seismic data acquisition, whereas test processing of 100 sq. km 3D seismic data is in progress in the Dhok Sultan block.

In Hala block, sequence stratigraphy study is in progress to mature the additional prospects.

In Shah Bandar block, civil works are underway to spud-in exploration well Rahi X-1 by third quarter of FY 2025-26.

In Sirani block, wellsite construction of exploration well Dolphin X-1 is in progress and is planned to be spudded during fourth quarter of FY 2025-26 to explore the extension of Petroleum System of Jhim East X-1 and Pateji X-1 discoveries towards the Pakistan offshore basin.

In Sorah block, preparations are underway to spud-in first exploration well Ishraq X-1 during fourth quarter of FY 2025-26.

In Khuzdar block, 2D seismic data acquisition was completed with cumulative coverage of 268 line km while its processing and interpretation is in progress.

In Musakhel block, preparations are underway for drilling of first exploration well Kashf X-1.

In Kandhkot, rigless testing of exploration well Lal X-1 was completed as unconventional gas discovery from the lower Alabaster formation. Further, preparations are underway for civil works and drilling of exploration wells Lal X-2 and Lal X-3 to test the lower Alabaster play.

In Baran block, 96 sq. km of 3D seismic data was acquired, whereas 33 line km of 2D seismic data was acquired in Kuhan block.

In Suleiman block, 2D seismic data of 731 line km is being processed through third-party.

3

In Kotri North block, exploration well Barki-1 was completed, resulting in a gas discovery from the Pab formation.

In Tal block, drilling activities of exploration well Billitang-1 were completed. Subsequent to the period end, two gas discoveries from Hangu/Lumshiwal and Lockhart formations have been made.

In Kirthar block, rig-less testing of discovery well Rafat-1 was carried out to ascertain the associated reserves and to conduct economics against different tie-in options.

In Sawan, exploration well Sawan North Deep-1 was completed as a gas discovery. The well is planned to be tested offline to ascertain the associated volume.

In Nashpa, drilling activities of exploration well Baragzai-1 were completed, resulting in oil and gas discovery from Kingriali formation. Subsequent to the period end, two oil and gas discoveries from Datta and Shinawari / Samana Suk formations have been made.

As part of business strategy, the Company regularly acquires and divests working interest in exploration blocks to further expand and optimise its exploration portfolio while remaining within its risk appetite, including scouting, and assessing of new overseas and domestic opportunities.

The Government of Pakistan invited applications for the grant of petroleum exploration rights over 40 offshore blocks through a competitive bidding process launched on February 01, 2025, with a deadline for bid submission on October 31, 2025. The Company participated in the bidding process for eight shallow-water blocks via joint bidding and all eight blocks were awarded successfully. Among these, the Company is the operator of two blocks, Gharo Creek and Kochi Creek, while the remaining six viz. Bin Qasim South, Keti Bandar, Behr, Zarrar, Offshore Deep D, and Sapat Bandar are partner operated.

The Company reached a major milestone in the farm-out process of the Eastern Offshore Indus C block, marking the beginning of a strategic collaboration with Turkish Petroleum Overseas Company (TPOC); a wholly owned subsidiary of Türkiye Petrolleri Anonim Ortaklığı (TPAO), the national oil company of Turkiye. The Deed of Assignment was signed on December 02, 2025 under which the Company assigned 25% Participating Interest (PI) and operatorship to TPOC, and 20% PI each to Oil & Gas Development Company Limited and Mari Energies Limited. The Company has retained the remaining 35% PI and will continue to play a key role in the block’s development.

Further, in Margand block, a deed of assignment for transfer of the Company’s 2.5% working interest to Balochistan Energy Private Limited on a full participation basis, is currently in progress.

Exploration studies are currently underway in EL-207. With respect to EL-200, Balochistan Mineral Resources Limited (BMRL) has decided to relaunch the opportunity through a fresh bidding process.

The Company submitted five new applications for mineral exploration licenses in Chagai, Balochistan. EL-331 has been granted on conditional basis, whereas decision of the relevant authority regarding the award of remaining licenses, is awaited.

With respect to the Reko Diq project, the Company has made further equity investment in Pakistan Minerals (Private) Limited (PMPL) during the period amounting to Rs 14,025 million which has increased the total cost of investment of the Company in the associate to Rs 68,091 million. The

4

project continued to advance site works during the period. The operator is undertaking a review of all aspects of the project including with respect to the project’s security arrangements, development timetable and capital budget.

In Sawan, exploration well Sawan North Deep-1 was completed as a gas discovery. The well is planned to be tested offline to ascertain the associated volume.

PPLA is pursuing new business opportunities in line with its strategic objectives.

Subsurface and exploration work advanced through block-scale prospectivity evaluations to assess remaining potential for the second exploration period and beyond. In parallel, seismic data reprocessing is being planned to improve data quality over high-potential areas and support future drilling.

On the development side, updates on Field Development Plan reservoir model for the Bu Dana, Al Bateen, and Al Manhal fields, were completed using results from three appraisal wells, approved by ADNOC upstream, and handed over to ADNOC Offshore. Pakistan International Oil Limited (PIOL) and ADNOC are jointly evaluating development options, including use of existing infrastructure to maximize value. The Mandous integrated reservoir simulation study is progressing, with the static model approved and dynamic modelling underway, while the Al-Khair sedimentology study is near completion.

After Production Logging Tool survey of the well Sui-108, the well was tied into the upstream gas compressor station at a lower suction pressure to optimise production and manage liquid load-up issues. Further, major overhauling of gas turbine GT-101B was successfully completed to maintain reliability and operability of the turbine.

During the period, average gas sales to SNGPL and SSGCL remained ~167 MMscfd, compared to

~210 MMscfd during the corresponding period, primarily due to gas curtailments by SNGPL.

Key asset integrity activities were executed, including rig-less well intervention to restore KDT-39U. Further, the main header of the cooling water system at compression station was replaced.

Average gas sales to GENCO-II improved to ~101 MMscfd compared to ~85 MMscfd during the corresponding period owing to higher gas off-takes by GENCO-II.

Wellbore scale cleanout job was carried out at Adhi South-7 well to revive its productivity at ~220 bpd, whereas reservoir reperforation job was carried out at Adhi-13 (T/K) and the well production is under observation. Further, workover of Adhi South-2 is planned during third quarter of FY 2025-26.

Gambat South GPF-II processing capacity has been increased from 55 MMscfd to 60 MMscfd through solvent chemistry optimization, without any hardware modification. Incremental production of

5

~5 MMscfd raw gas, ~35 bpd condensate & ~1 MT/day LPG has been achieved, demonstrating operational excellence through high-impact and low-cost process optimisation.

With respect to Zafir-GPF-III (Rehabilitation), project execution is taking place in full swing. Rehabilitation of field storage tanks and boundary wall is completed, while civil works at the Zafir facility are ongoing at a fast pace. Procurement of materials is in progress, whereas the contractor for mechanical, electrical and instrumentation services has been mobilised and is working at site along with project management consultant.

In Hala, sidetrack and workover operations of water loaded shut-in well Adam West X-1 were successfully completed. Following the workover, the well was successfully tested at ~8.5 MMscfd raw gas. The well was promptly connected to Hala facilities and brought online with processed gas being sold to SSGCL.

In Mazarani, production from the field has been discontinued effective from January 01, 2026 due to depletion of the reservoir.

Dhok Sultan-03 discovery well was successfully commissioned on November 01, 2025, under Extended Well Testing arrangement, whereas bottomhole pressure survey of Dhok Sultan X-1 was carried out.

Development and Production Lease on Dhok Sultan X-1 discovery has been granted for 11 years effective from November 25, 2025.

Operations and maintenance of the Oil Handling Facility (OHF) were taken over from Gasco effective from November 01, 2025 and the facility is now being operated by the Company. Further, OHF is operating at a production rate of ~1,550 bpd oil, ~2.7 MMscfd gas and ~12 MT / day LPG.

With respect to Nokkundi Iron Ore project, drilling of 2,700 meters of iron ore is in progress, with 1,200 meters completed during the period.

With respect to Baryte-Lead-Zinc (BLZ) project, BLZ facility agreement has been signed. The signing marks a crucial step forward in advancing the development of baryte, lead and zinc resources in Balochistan province. Following the completion of evaluation of project management consultancy for BLZ project, award of the project contract is in process.

In Kirthar, drilling of development well Rizq-6 was completed. Currently, post frac rig-less testing is in progress.

In Qadirpur, drilling activities of the pilot horizontal development well Qadirpur-64 was completed. Preparations are underway for multistage rig-less frac.

In Tal, construction works for ‘Tolanj Processing Facility - Capacity Augmentation’ were completed including punch-list points and the facility was commissioned on December 14, 2025.

Business Excellence function remains pivotal in driving process, maturity and capital discipline. A major milestone this year was the full institutionalisation of the Value Assurance process, which now

6

serves as a rigorous governance gate for all capital projects. Crucially, this mechanism has embedded a systematic 'Lessons Learnt' feedback loop, ensuring that past operational insights actively shape future decision-making and risk mitigation. Additionally, the function enhanced operational alignment through executive 'Gemba Walks' at the Gambat South and Adhi fields. Moving forward, the phased rollout of the newly developed Business Excellence Framework will further standardise these practices, shifting the organisation towards a culture of continuous improvement.

Risk Monitoring phase of the Annual Risk Cycle for the FY 2025-26, which constitutes the second phase of the annual corporate risk cycle, was initiated and progressed during second quarter. Stakeholders were engaged to accelerate the implementation of agreed-upon risk treatment strategies for enterprise risks. Prior to this, the Annual Risk Review Conference was successfully conducted, following focused risk sessions with all the functions. These sessions facilitated a comprehensive review of enterprise risks and led to the development of the Enterprise Risk Register for FY 2025-26. During the period, the first of two biannual corporate risk appetite testing was completed. To strengthen the organisational risk culture, an enterprise-wide risk culture survey was initiated and remains ongoing, forming part of a broader risk behaviour and culture analysis to better understand employee attitudes towards risk and decision-making.

In line with the Company’s strategic objective to adopt international best practices, a third-party gap analysis of the Business Continuity Management System (BCMS) against ISO 22301:2019 was conducted during the period. The assessment covered key operational sites, including fields and offices, and identified improvement areas. These gaps will be addressed in line with recommendations to support progress toward ISO 22301 certification.

To strengthen BCMS implementation and organisational preparedness, structured awareness sessions were held at Adhi, Sui, and Gambat South fields, as well as Islamabad office. These sessions covered core BCMS elements, individual roles and responsibilities, incident management processes, and effective use of Business Resumption Plans. Ongoing evaluation of the BCMS will enhance organisational resilience and reinforce operational readiness against potential disruptions.

The Company continued to work for promotion of education and uplift of communities at its producing and exploratory areas across the country and provided funding for (i) 50 scholarships to students belonging to Dera Bugti, Kashmore, Sanghar and Matiari (ii) rehabilitation of building of government girls primary school Arab Dongar, Hyderabad; and (iii) reconditioning of 0.5 Km access road to Izat Khan Korai and laying of paver blocks on access road and streets at district Sanghar.

Further, the Company continued operating Mobile Medical Units at Kandhkot, Gambat South, Mazarani, Dhok Sultan and Public Dispensary Mastala near Adhi field benefiting over 30,000 patients. Women Vocational Training Centre near Adhi field continued to provide trainings to the local women and enabling them to become self-reliant.

The Company published its first Environmental, Social, and Governance (ESG) Report, establishing baselines for key parameters such as GHG emissions, energy consumption, water usage, and waste generation. Through this initiative, the Company has complied with key requirements of SECP guidelines, IFRS S1 and S2 disclosure standards, and the Oil & Gas Decarbonization Charter.

7

Multiple Initial Environmental Examination (IEE) studies were conducted, and NOCs/extensions from environmental protection agencies were successfully obtained to support the Company’s strategic development work program. In addition, safety talks, training sessions, and awareness programs were held across the organisation to enhance QHSE awareness, including (i) marine safety for oil and gas operations (ii) internal assessments to improve cathodic protection systems at Sui wells and the Gambat South GPF III plant; and (iii) an Emergency Response Information Portal was also launched to provide ready access to critical information for head office staff.

Furthermore, an asset integrity gap assessment was completed to evaluate operated fields against ISO 55001 standards and the best industry practices. This assessment will help benchmark assets and provide recommendations for achieving operational excellence.

In addition, 7.5 million safe manhours were completed (including contractors) by the end of December 31, 2025.

Conducive working environment and cordial industrial relations prevailed at all locations of the Company.

The Board of Directors in its meeting held on February 13, 2026, has approved second interim cash dividend @ 20% amounting to Rs 5,441.946 million and @ 10% amounting to Rs 0.010 million on the paid-up value of ordinary share capital and convertible preference share capital, respectively. This is in addition to an interim cash dividend of Rs. 2 per share (20%) each on ordinary shares and convertible preference shares already declared and paid during the period.

We extend our sincerest gratitude to all stakeholders, including the Government of Pakistan, for their trust and confidence. Their solid support has been instrumental in keeping us on course towards the accomplishment of our strategic objectives. In the face of substantial economic and business challenges, the Company remains resolute in navigating through them, thanks to the collective efforts of all relevant stakeholders.

Further, we wish to express appreciation to our dedicated employees whose steadfast commitment to excellence deserves commendation. We also extend our gratitude to all other stakeholders for their continued support and cooperation, which remain invaluable to our ongoing progress and long-term objectives.

8

2026$v› 13

(xi)

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(iv)

› 2024 31

126,898

75,993

(25,079)

50,914

18.71

118,002

63,042

(22,655)

40,387

14.84

› 2025 31

(ii)

KPMG Taseer Hadi & Co. Chartered Accountants

Sixth Floor, State Life Building, Blue Area Islamabad, Pakistan

Telephone 92 (51) 282 3558, Fax 92 (51) 282 2671

INDEPENDENT AUDITORS' REVIEW REPORT

To the members of Pakistan Petroleum Limited

Report on review of Condensed Unconsolidated Interim FinanciaI Statements

lntrodu ction

We have reviewed the accompanying condensed unconsolidated interim statement of financial position of Pakistan Petroleum Limited (“the Company") as at December 31, 2025 and the related condensed unconsolidated interim statement of profit or loss, condensed unconsolidated interim statement of comprehensive income, condensed unconsolidated interim statement of changes in equity, and condensed unconsolidated interim statement of cash flows, and notes to the financial statements for the six-month period then ended, (herein-after referred to as the “interim financial statements"). Management is responsible for the preparation and presentation of these financial statements in accordance with accounting and reporting standards as applicable in Pakistan for interim financial reporting. Our responsibility is to express a conclusion on these interim financial statements based on our review.

Scope of Review

We conducted our review in accordance with International Standard on Review Engagements 2410, ’Review of Interim Financial Information Performed by the Independent Auditor of the Entity". A review of interim financial statements consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with International Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

Conclusion

Based on our review, nothin9 has come to our attention that causes us to believe that the accompanying condensed unconsolidated interim financial statements are not prepared , in all material respects, in accordance with the accounting and reporting standards as applicable in Pakistan for interim financial reporting.

Emphasis of Matter

We draw attention to note 7 to the condensed unconsolidated interim financial statements, which describes matter in detail relating to overdue trade debts on account of inter-corporate circular debt. Our conclusion is not modified in respect of this matter.

KPMG Taseer Hadi & Co.

Other Matter

Pursuant to the requirement of Section 237(1)(b) of the Companies Act, 2017, only cumulative figures for the half year, presented in the second quarter accounts are subject to a limited scope review by the statutory auditors of the company. Accordingly, the figures of the condensed unconsolidated interim statement of profit or loss and condensed unconsolidated interim statement of comprehensive income for the three months period ended December 31 , 2025 and 2024 have not been reviewed by us.

The engagement partner on the audit resulting in this independent auditors' report is Muhammad Danish.

KPMG Taseer Hadi & Co. Chartered Accountants

Islamabad

Date: 17 February 2026

UDIN: RR202510245G usPBytjW

PAMSTAN PETROLEUM LIMITED

CONDENSED UNCONSOLIDATED INTERIM STATEMENT OF FINANCIAL POSITION AS AT DECEMBER 31, 2025

ASsETs

NON•CURRENT ASSETS

December 31, June 30,

Note 2025 2025

Unaudlted Audited (Rupees in thousand)

Property, plant and equipment Intangible assets

Long - term investments Long - term loans

Long - tern deposits

CURRENT ASSETS

Stores and spares Trade debts

Loans and advances

Trade deposits and short - tern prepayments Interest accrued

Current maturity of long - tern loans Short - tern deposits

Other receivables

Short - tern investments Cash and bank balances

5

6

7

8

140,623,374

14B,795,722

189,276

102,261,418

92,049

7,676

230,736

89,668,809

109,875

7,676

251,346,141 230,640,470

8,810,449

592,404,145

494,140

714,130

1,132,569

49,184

1,683,750

10,853,548

74,164,807

6,199,269

9,191,759

599,909,124

2,611,623

942,689

1,181,019

43,730

1,683,750

11,106,165

76,460,570

13,044,852

716,175,372 696,506,001

TOTAL ASSETS

EQUfTY AND 1tABlLlTlES

SHARE CAPITAL AND RESERVES

Share capital Reserves

NON•CURRENT LIABILITIES

Provision for decommissioning obligation Long - tern financing

Deferred liabilities

Deferred taxation - net

CURRENT LABILITIES

Trade and other payables Unclairned dividends

Current maturity of long - tern financing Taxation - net

TOTAL LtABlLlTiES

TOTAL EQUITY AND LIABILITIES

CONTINGENCIES AND COMIgfTMENTS

967,521,513 927,146.471

27,209,836 27,209.836

46,986,236

1,369,419

5,327,482

22,759,977 76,443,114

80,180,687

344,992

247,970

64,094,398

144,868,047

706,118,287 678,625,474 733,328,123 705,835,310

9

234,193,390 221,311,161

967,521,513 927,146,471

10

The annexed notes 1 to M form an integral part of these condensed unconsolidated interim financial statements.

Chief Financial Officer Director Chief Executive Officer

PAKISTAN PETROLEUM LIMITED

CONDENSED UNCONSOLIDATED INTERIM STATEMENT OF PROFIT OR LOSS (UNAUDITED) FOR THE HALF YEAR ENDED DECEMBER 31, 2025

//ofe

— - — (Rupees In thousand) -

Revenue from contracts with customers

Operating expenses Royalties and other levies

11 61,189,733 60,720,556 118,002,089 126,897,597

T2

(25,109,478) (21,232,379) (47,369,020) (46,619.183)

Profit after taxation 20,299,146 27,336,299 40,387,097 50,913.675

Basic and diluted earnings per share (Rs) f8 10,05_ 18.71

The annexed notes 1 to 22 fom an integral part of these condensed unconsolidated interim financial statements.

Chief Financial Officer Director Chief Executive Officer

PAKISTAN PETROLEUM LIMITED

CONDENSED UNCONSOLIDATED INTERIM STATEMENT OF COMPREHENSNE INCOME (UNAUDITED) FOR THE MALF YEAR ENDED DECEMBER 31, 2025

Note

Profit after taxation

Other aomprehenaiva income:

20,299,146

(Rupees in thousand) -

27,336,299 40,387,097 50,913,675

Items that may be raclaasified to profit or lose (net of tax):

Exchange differences on transtetion of foreign associate (Pakistan International Oil Limked)

Share of exchange differences on Irenslatlon of foeign

operation of the associate {Pakistan Minelab (Private) Limited} 6.2 Oher compehensive income - loss

(215,S43)

141,332

35,290

Total comprehensive Income for the period 27,477.631 39,737,213 50,9d8,965

The annexed notes 1 to 22 fom an integral part of these condensed unconsdidated Interim financial statements

Chief Financial Officer Director Chief Executive Officer

PAKISTAN PETROLEUM LIMITED

CONDENSED UNCONSOLIDATED INTERIM STATEMENT OF CASH FLOWS (UNAUDITED) FOR THE HALF YEAR ENDED DECEMBER 31, 2025

(Rupees in thousand)

CASH FLOWS FROM OPERATING ACTIVITIES

Chief Financial Officer Director Chief Executive Officer

PAKISTAN PETROLEUM LlMf1”ED

CONDENSED UNCON6OMDATED INTERIM STATEMENT OF CHANOES IN EQUITY (UNAUDITED) FOR THE MALF YEAR ENOED OECEMBER 31, 20Z5

Subscribed and paid•up C•pflal Revenue & Total share capital reserve other raservea reserves

Ordinary Convertible

Total

Balance as at Juna 30, 2024 (Audited)

Total Comprokensiva income for the period Profit after taxation

Other comprehensive Income for

the half year ended December 3t, 2024, net of tax

Totsl comprehensive income for

the half year ended Deoember 3t, 2024 Transactions with owners:

- Ordinary shareholders

ma does wa«w‹ ended June 30.2024 @ 253a

Flrst inteñm dMdend for the year ended June 30, 2025 @ 20g

First interim dividend for the year ended June 30, 2025 @ 20% Total transactions with owners

Balance aa •t December 31, 2024 Balance ss at June 3o, 2025 (Audited)

Totsl Comprehensive !ncome for the period

Pro9t after tsxstion

27,209.732

27.209.732

- (Rupees in thousand)

104 1,428 612,362,120 612,363.548 639.573.384

- /12 244 4fo) f12 244,400› f12,244,c00)

10• ‹,‹2s 6y6.6z«,0‹6 678,625.474 705,835.3›0

the half year ended December 31, 2025, net of tax

Totsl comprehensive Income for

the hell year ended December 3‹. zoys

Transactions with owners:

• Ordinary shareholders

  Final dMdend for the yaer ended June 30, 2025 @ 2536

  Fifgt Interim dividend for the year ending June 30, 2026 @ 203a

• Convertible preference shareholders

  First infedm dividend for the year ending June 30, 2026 @ 20% Total transactions wiih ownefs

  Balance ac st December 31, ZOM

  40,387,097 (849.8841

  40,387,097

  40.387.097

  39,737,2t3 30,737/13 39.737,213

  		(6,802,433)	(6,802,4331	(6,802,433)
  		(5,441,946)	(5,441,546)	(5,441,946)
  		(21)	(21]	(21)

  • (12 264.400) (12,244.600) (12,244.400)

  27,209,732 104 1,458 706,116,859 706,116,287 733,3ZB,123

  The annexed notes 1 to Z2 form en integral part of these condensed unconsolidated interim financial statements.

  Chief Financial Officer Director Chief Executive Officer

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