Bod/dol/10/2025
October 22, 2025
The General Manager
Pakistan Stock Exchange Limited Stock Exchange Building
Stock Exchange Road
Karachi.
5ubjecl: Resolutions passed at the 21a' Annual General Meeting of Descon Oxvchem Ltd
Dear Sir
In accordance with the requirement ofRegulation No. 5.6.9 (b) of the PSX Rule Book, we are pleased to convey the following resolutions duly passed in the AGM of the Company held on Wednesday October 22, 2025 at 10:00 AM at the Registered Office of the Company:
ORDINARY BUSINESS
Aeenda Ttem 1: To confirm the minutes of the last Annual General Meeting of the Company held on October 16, 2024.
The first item on the agenda was to confirm the Minutes of the last Annual General Meeting of the Company held on October 16, 2024. The Company Secretary informed the shareholders that the draft minutes ofthe Annual General Meeting had been circulated amongst the members and shareholders.
"RESOLLED that the minutes ofAnnual General Meeting ofthe COnfpaiiy held on Ocfober 16, 2024, be and are hereby confirnted and adopted.
FURTHER RESOLVED that the aforesaid ntinutes be and hereby aMiori-ed to be signed by the Chairman oflhe Meeting as a token ofaf›proval on behalf of the participant o/f/ie Meeting. "
Agenda Item 2: To receive consider and atlopt the »u4ited financial statements of the Company for tile year citdcd Jtinc 30tIi, 2025, together with the AtitJitors' nltcl Directors' thereon, nlong with tltc Annual Ayclitcd Coysoli‹litte‹l Finnncinl Stnteincitts of the Company for tlic year cndcJ 30!!' June 2025 iiloHg YitIi tl›c Auditor's reporf.
"RESOLVED THAT the Austral Atirlitetl F•innncial Statetiiynis oftlic• Coiuy‹inyfor the year curled June 3O!' 2025, logellirr H'ifh Atvliiors' am Directors' Reports thereon u,v ›rc•.armed Io llte Herfing, ée anal f/c xni›i« ‹i› e hereby up ›roi•erl anal
Descon Oxychem Limited:
Corporate Office, | 8 KN, Lahore Shelkhupura
T +92 (42) 3797 I 823- -33 F +92 (42) 3797.1831
E infoQdexcon.compk W https://www.descon.com
Aeenda Ttcni 3: To Appoint Extcrnal Auditors of the Company for the ensuing year and fix their remuneration. (The present auditors have retired and rc-appointment as Auditors of the Company for year ending on 30'hJune 2026).
The next item of the agenda was to appoint the statutory auditors of the Company for the year ending June 30'h' 2026 and to fix their remuneration. The Company Secretary informed the shareholders that the present auditors of the Company M/s Crowe Hussain Chadhury & Co., Chartered Accountants, have retired and being eligible have offered themselves for re-
appointment as the Auditors of the Company for the year ending June 30" 2026.
The Chairman then gave the shareholders an opportunity to ask questions or comment on the
s•nda.There being no comments from the participants, the Company Secretary proposed the following resolution:
"RESOLVED THAT lbs. Crowe Hussain Chaudhiiry & Co. be and are hereby appointed as Slaliitory Auditors of the Company to hold office fi om the conclusion of Ihis Annual General Meeting Profi/ the coDcfufiion of the next Annual General Meeting, at such remuneration as may he determined hy the Board ofDirecfors oflhe Coiitpany. "
Agenda Item 4: To approve, as recommended by the Board ofDirectors, payment ofFinal Cash Dividend @20.00% (i.e. PKR 2.00 per ordinary share) for the ycar ended June 20, 2025.
The shareholders considered the recommendations and after discussion, unanimously approved the following rcsolutions:
"RESOLVED TLIA T it is aFPr tveJ lo j›ay amulal cash cliviclend 20.00% (Rs. 2. 00/- per or‹:linnry share) lo CoiiiJ›any's members, ii•ltose minute npf›ear on Ilie register ofmeinbers as on Oclohei- l4, 202J.
EURTHER RESOLVED f/ta/ lhe Comf›nuy 5eci'etar)• her ‹iitcl is hereby ahlltorife‹l lo lci ' all oilier tiecc•,.tory .leJ› ailflfulfill llie (pgym, corporntc•, y jJ procecliirrilform lilie.s in coiiiieclioit lierr iri/Jr, "
Itegards
For Descon Oxyclien Lin ictl
(ABDUL SOIIAIL)
courANv srcitrTAIiv
Descon Oxychem Limited:
ECO FRIENDLY Corporace Office, 18 KN, Lahore 8heikhupura Road, Lahore - 53000, PakiScan.
" S0 LUTIO NS T +92 (42) 3797 I823€-33 F +92 (42) 3797.183 I
E info@descon.com.pk W https://www.descon.com
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