Applied for Extension for holding Annual General Meeting

The General Manager

Stock Exchange Road Karachi

CORPORATE SECRETARIAT

FORM - 12

CS/PSX/AGM-24/EXTN/25

mj July, 2025

APPLIED FOR EXTENSION FOR HOLDING

ANNUAL GENERAL MEETING

Dear Sir,

1. We have applied to the Securities & Exchange Commission of Pakistan for extension of time for holding our First Annual General Meeting for the year ended December 31, 2024 up to August 20, 2025, i.e. 30 days. A copy of the application filed with the Securities & Exchange Commission of Pakistan is enclosed for your lllformation and record.

2. We will submit to the Exchange a copy of the approval of the Securities & Exchange Commission of Pakistan allowing the desired extension, within 48 hours of its receipt.

Yours truly,

PIA Holding Company Limited

Head Office : 4th Floor, PIA Building, 49-AKM FazaI-e-Haq Road, Blue Area, Islamabad, Pakistan Website: https://www.piahcI.com

Assistant Director (CSD)

Corporate Supervision Department (CSD) Securities & Exchange Commission of Pakistan NIC Building, 63 Jinnah Avenue

Islamabad

CORPORATE SECRETARIAT

CS/SECP/EXTN/AGM-24/25

O July, 2025

EXTENSION FOR HOLDING FIRST ANNUAL GENERAL MEETING FOR THE YEAR ENDED DECEMBER 31, 2024

Dear Sir / Madam,

1. In terms of Section 132 of the Companies Act, 2017, and in compliance with Regulation 31 of Companies Regulations, 2024, we hereby apply for extension of time for holding the Annual General Meeting (AGM) of PIA Holding Company Limited (PIAHCL) for the year ended December 31, 2024.

2. The particulars of PIAHCL are as follows:

   No	Particulars
   I	The Registration Number, Name and Address of the Company	0254011 PIA Holding Company Limited 4* Floor, PIA Building, 49 AKM Fazal u1 Haq Road, Blue Area, Islamabad.
   II	The date on which the last Annual General Meeting, if any, was held and the financial year of which the Financial Statements were laid at therein;	Not Applicable (PIA Holding Company was incorporated on March 21, 2024 and in First Annual General Meeting is required to be held on or before July 20, 2025, in accordance with Section 132 (1) of the Companies Act, 2017.)
   III	The date up to which the Arinual General Meeting is required to be held for the purposes of the said sections and the date up to which the Financial Statements are required to be laid therein	July 20, 2025 To receive and adopt the Audited Accounts for the year ended December 31, 2024.
   IV	Reasons for not being able to hold the annual general meeting or not laying the financial statements at the general meeting by the date mentioned in clause (iii) and justification for extension in the period to the extent applied for; and	Completion of the audit is pending as the management is in the process of finalizing the Company' financial statements which it expects will be completed during the week beginning July 14, 2025.
   V	When the delay is attributed to non- completion of books of accounts or non-finalization of audit, the exact state of books of accounts with reasons for non-completion of such books or for non-	Certificate issued by the PIAHCL's External Auditor bearing Reference No. BAS/C462/25/0708 dated July 08, 2025 is being attached with this Application.

   Page 1 of 2

   PIA Holding Company Limited

   Head Office : 4th Floor, PIA Building, 49-AKM FazaI-e-Haq Road, Blue Area, Islamabad, Pakistan

   
   
   

   Website: https://www.piahcI.com

   
   
   

   CORPORATE SECRETARIAT

   finalization ofthe audit, as the case may be, such information being accompanied by a certificate of the company's auditor as to the state of its accounts, reasons for delay in completion of audit and the minimum time required for the purpose.

3. Besides the above, following documents are also being sent:

   1. Affidavit, duly verified and signed by the Company Secretary;

   2. Duly paid SECP Challan No M-2025-1743929 for PKR.15,025/- (Pak rupees fifteen thousand twenty five only) as evidence of the fee paid for the application in terms of Seventh Schedule to the Act; and

   3. Copy of this Application is also being sent to the Joint Registrar of the Companies, CRO, Islamabad in compliance with Regulation 65 of the Regulations.

4. We request you to consider the above matter and grant permission so as to enable us to hold the AGM of PIAHCL for the year ended December 31, 2024 on or before August 20, 2025.

5. We take this opportunity to thank SECP for its continued support and guidance.

Yours sincerely,

cc: Joint Registrar of Companies, Company Registration Office (CRO)

Securities and Exchange Commission of Pakistan, First Floor, SLIC Building, Blue Area,

Islamabad

cc: Chief Regulatory Officer - Pakistan Stock Exchange, Karachi

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PIA Holding Company Limited

Head Office : 4th Floor, PIA Building, 49-AKM Fazal-e-Haq Road, Blue Area, Islamabad, Pakistan Website: https://www.piahcI.com

GrantThornton

Grant Thornton Anjum

Rohmon

1st G 3rd Floor, Modern Motors House, Beaumont Road, Karachi, Pakistan.

T +92 21 35672951-56

BAS/C462/25/0708 08 July 2025

The Board of Directors

PIA Holding Company Limited (the Company) Islamabad

AUDIT OF THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024

Dear Board Members

We wish to inform you that the field work in relation to the audit of the financial statements of the Company for the above period is in progress as the management is in process of preparing its financial statements. Accordingly, after receipt of the final draft of the financial statements along with the other required information from the management, we shall complete the captioned audit in due course.

Yours sincerely

SECP Challan

Account Title Securities ona Ex‹s»nge Commission of Pnkietan

unto 0898710gO097

I..c pt under cv.nna»ies Aot, IN

Code No. Head of Accounts

Amount (Rs)

•.• ›e»r ‹»+ia«s

the ue No. Drawn On

Ru ees In words

Name of De osltor

Depositor Signature

Ifteen Thousand Twenty Five Rupees Only

eller Signature B Ba

ñ n I

M ""'**

Total

1. Payment may kindly be deposited in the bank within a month ot the date apter indate column of challan.

2. Photocopy of the challan shall not be entertained, kindly print separate chJllan r each company/ Form.

3. Cutting and erasing of any fleld on challan is not allowed.

4. Challan number and amount of money deposited must be clearly legible on a printed challan.

5. If system erroneously generates a challan without company name or challan No. then kindly do not deposit that

challan into bank and contact concerned CRO.

AFFIDAVIT

I, MUHAMMAD IMRANson of MUHAMMAD IRFAN, holding CNIC No. 41303-6900285-9

Muslim, adult, residing at ITOUfiE NO A-66 BLOCK-5 do hereby solemnly affirm and state as under:

1. That I am the COMPANY SECRETARY of PIA SCOLDING COMPANY

   LIMITED and I am fully conversant with all the facts of the case.

2. That an Application for Extension in time for holding First Annual General Meeting for the year ended December 31, 2024 is being filed under Section 132 of the Companies Act, 2017, in accord8flce wifh Rule 31 of the Companies Regulations, 2024, the contents of which be, for the sake of brsvity, read and considered as part of this Affidavit.

3. That whatever stated above is true and correct to the best of my knowledge and belief and nothing has been concealed thereof.

Date: this fi day of July, 2025.

Ph: 021-9904 4850