Resolutions passed and adopted at the 49th AGM

Pakistan Stock Exchange Limited Stock Exchange Building

Stock Exchange Road Karachi

Ref.: CS/PSO/1217

October 24, 2025

Dear Sir,

Pursuant to clause no. 5.6.9 (b) of the PSX Rule Book, we are enclosing herewith the certified copy of resolutions passed and adopted by the shareholders of Pakistan State Oil Company Limited at the 49th Annual General Meeting held on October 24, 2025 at 11:00 am at Grand Ballroom, Pearl Continental Hotel, Karachi and through video-conferencing.

Yours sincerely,

for Pakistan State Oil Company Limited

Ambreen Ali Company Secretary

Certified True Copies of the Resolutions unanimously passed and adopted by the shareholders of Pakistan State Oil Company Limited at the 49th Annual General Meeting held on October 24, 2025 at 11:00 am at Grand Ballroom, Pearl Continental Hotel, Karachi and through video-conferencing

Ordinary Business:

1. To confirm the minutes of 48'h Annual General Meeting held on October 24, 2024:

   "RESOLVED that the Minutes of 48'h Annual General Meeting held on October 24, 2024, be and hereby are confirmed and adopted."

2. To receive, consider and adopt the Audited Unconsolidated and Consolidated Financial Statements of the Company for the year ended June 30, 2025 together with the Report to the Shareholders and Auditors' Report thereon:

   "RESOLVED t/not the Audited Unconsolidated and Consolidated Financial Statements of the Company for the year ended June 30, 2025, as audited by M/s. KPMG Taseer Hadi & Co., Chartered Accountants together with the Report to the Shareholders and Auditors' Report thereon, be and are hereby approved and adopted".

3. To lay information before the members of the Company for the appointment of M/s. KPMG Taseer Hadi & Co., Chartered Accountants, as external auditors of the Company for the year ending June 30, 2026.

   "WHEREAS information was laid down before the members of the Company that in accordance with clause (c) of sub section (1) of section (8) of the Marketing of Petroleum Products (Federal Control) Act, 1974, the 8oard of Management has appointed M/s. KPMG Taseer Hadi & Co., Chartered Accountants as external auditors of the Company for the year ending June 30, 2026 at a remuneration determined by the Board of Management;

   IT IS HEREBY RESOLVED that the appointment of M/s. KPMG Taseer Hadi & Co., Chartered Accountants as external auditors of the Company for the financial year ending June 30, 2026 at a remuneration determined by the Board of Management, be and is hereby confirmed and approved."

4. To approve payment of final cash dividend of Rs. 10/- per share i.e., 100% for the year ended June 30, 2025, as recommended by the Board of Management.

"RESOLVED that the recommendation of the Board of Management for payment offinal cash dividend of Rs. 10 per share i.e., 100%for thefinancial year ended June 30, 2025, be and is hereby approved."

Certified True Copy

/or Pakistan State Oil Company Limited

Ambreen Ali Company Secretary