Transmission of Quarterly Financial Statements for the Period Ended 2026-03-31

‌G0 I N G F U R T H %R

TABLE OF

CONTENTS

01

02

04

10

12

14

Vision, Mission & Corporate Strategy COmpany Information

Directors' Review

Condensed Interim Statement of Financial Position Condensed Interim Statement of Profit or Loss Condensed Interim Statement of Comprehensive Income Condensed Interim Statement of Changes in Equity Condensed Interim Statement of Cash Flows

Notes to the Condensed Interim Financial Statements

COMPANY

INFO RM ATIO N

BOARD OF DIRECTORS

Mrs. Sairo Asad Homeed

Chairperson / Non-Executive Director

Mr. Mion Asad Homeed

Chief Executive

Mr. Soeed Iqbol Khan

Executive Director

Mr. Mion Muhammad Ali Homeed

Executive Director

Mrs. Sono Suleymon

Non-Executive Director

Mr. Humza Amjad Wazir

Non-Executive Director

Mr. Umair Ejoz

Independent Director

Mr. Toho Mohmood

Independent Director

Mr. Muhammad Omer Soeed

Independent Director

AUDIT COMMITTEE

Mr. Umair Ejoz (Chairmanj

Mr. Taha Mahmood (Memberj Mrs. Sana Suleyman (Member) Mr. Arshad Mohmood (Secretary)

RISK MANAGEMENT

COMMITTEE

Mr. Umair Ejaz (Chairman)

Mr. Taha Mahmood (Member)

Mr. Mion Muhammad Ali Hameed

(Memberj

Mr. Arshad Mahmood (Secretary)

HUMAN RESOURCE & REMUNERATION COMMITTEE

Mr. Taha Mahmood (Chairman) Mr. Mion Asad Hameed (Member) Mr. Humza Amjad Wazir (Member) Mr. Umair Ejaz (Memberj

Mr. Arshad Mahmood (Secretaryj

NOMINATION COMMITTEE

Mr. Mion Asad Hameed (Chairmanj Mr. Humza Amjad Wazir (Member) Mr. Soeed Iqbal Khan (Memberj Mr. Arshad Mahmood (Secretaryj

SUSTAINABILITY COMMITTEE

Mr. Muhammad Omer Soeed (Chairman) Mr. Umair Ejaz (Memberj

Mrs. Sana Suleyman (Member) Mr. Arshad Mahmood (Secretary)

COMPANY SECRETARY

Mr. Arshad Mahmood — FCA

CHIEF FINANCIAL OFFICER

Mr. Muhammad Atif Rao

AUDITORS

Crowe Hussain Choudhury & Co.

Chartered Accountants

CREDIT RATING

Medium to Long term rating: A+

Short term rating: A1

REGISTERED OFFICE

88 - Ali Town Thokor Niaz Baig, Raiwind Road, Lahore, Pakistan. https://www.sazqarautos.com

SHAREREGISTRAR

Corp Tec Associates (Pvt.j Limited 503-E, Johar Town, Lahore.

Ph: +92-42 -35170336-37

Fax: +92-42 —35170338

BANKERS

FACTORY

Three-Wheeler Plant:

l 8-KM Raiwind road, Lahore, Pakistan. Ph: +92-42-35330300-2,

Fax: +92-42-35330329

Four-Wheeler Plant:

Moghrobi Tonki-1, Link Road, near Ijtimah Chowk, Sundar-Raiwind Road, Raiwind, Lahore, Pakistan.

Ph: +92-42-35398671-74,

Fox: +92-42-35398676

United Bank Limited - AI Baraka Bank Pakistan Allied Bank Limited Ameen Limited

The Bank of Khyber — Soneri Bank Limited Islamic Banking

- /4* ’

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2026 _¿l 17 v

SAZGAR ENGINEER ING WORKS LIMITED

Quarterly Reports 2026

The directors of your Company are pleased to present their review on the affairs of the Company for the 3’" quarter and nine months ended March 31, 2026:

During the period under review, the economy of the country showed signs of relative stabilization and gradual improvement in certain key macroeconomic indicators. The external account position improved, foreign exchange reserves strengthened and industrial activity exhibited recovery in various sectors. However, the overall operating environment remained challenging on account of inflationary pressure, high fuel prices, increasing KIBOR, pressure on consumer purchasing power and uncertainty in regional and global markets.

During the 3’^ quaner, the foreign exchange reserves increased and stood at US$ 21.79 billion as of March 27, 2026, foreign remittances grew by 10.50% and tax collection rose by 11%. The Current Account also recorded a surplus of 1.37 billion US Dollars in Jan-March, 2026. Pak Rupee remained relatively stable. The SBP maintained the policy rate at 10.50%. However, the foreign direct investment (FDI) declined and the trade deficit widened to US$ 23.52 billion due to lower exports and higher imports.

During March, 2026, IMF staff and the Pakistani authorities have reached a staff-level agreement covering the third review of Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF). Subject to IMF Board approval, a disbursement of approx. US $ 1.210 Billion is expected.

Under the circumstances, the Company remained focused on prudent financial management, operational efficiency, capacity enhancement, and strengthening of its business segments to ensure sustainable growth.

During the 3’^ quarter, the auto sector recorded an overall growth of 29.31% in sales volume compared to 31.33% of previous year. The four-wheeler segment (excluding tractors) showed an increase of 38.95% (March 31, 2025: 36.45%), two-wheeler grew by 29.68% (March 31, 2025: 33.82%) whereas three-wheeler segment declined by 8.35%, (March 31, 2025: a growth of 50.63%). The tractors segment reflected an increase of 26.23% (March 31, 2025: a decline of 52.21%). (Source: PAMA).

By the Grace of Almighty Allah, the Company witnessed a substantial growth during third quarter & nine months ended March 31, 2026.

The performance of the Four Wheelers Segment was encouraging during the period under review and continued to contribute positively towards the Company's overall business operations. The Company remained focused on strengthening its position in the passenger vehicle segment through expansion of operational capacity and market presence.

A significant milestone achieved during the period was the completion of the Company's expansion plan relating to the four-wheelers business. This expansion included the installation of a new assembly line, a 5.7 MW solar power system, and new warehousing facilities.

The Company has funher planned a new expansion for the setting up/ installation of brand-new fully automatic complete paint shop facilities, along with related construction & civil work and installation of ancillary equipment with an estimated budget of PKR 22.00 billion (without cost of land). Upon completion of this expansion, total installed production/assembly capacity of the Four-Wheelers Plant is expected to increase to

SAZGAR ENGINEERING WORKS LIMITED Quarterly Reports 2026

54,000 units per annum on single shift basis. The company has also planned to acquire approx. 900 Kanals land near the four wheelers plant to meet future operational requirements, subject to successful negotiations with landowners. In addition, the Company has purchased two commercial plots of 5 Kanals each at prime locations of Lahore to construct company's owned showrooms, after sales service facilities and commercial offices.

The rollout of CKD model of TANK-500, marks an important strategic development in the Company's four-wheelers business. The introduction of this model is expected to further strengthen the Company's product portfolio, improve its market standing, and support future growth in revenue and profitability.

The Three Wheelers Segment continued to contribute positively in the Company's overall business portfolio. The Company remains vigilant to market dynamics and competitive pressures affecting this line of business.

The Company's tractor wheel rims business also continued to serve the requirements of tractor assemblers. However, demand from this segment remained dependent upon of the tractor sales in the local market and overall conditions of agricultural sector.

During the 3“ quarter, the company has witnessed a constant growth in sales, gross profit, pre-tax profit and earning per share compared with the corresponding period of last year. The sales have increased by 28.91% from Rs. 36.74 billion to Rs. 47.36 billion, gross profit by 6.06% from Rs. 11.97 billion to Rs. 12.70 billion, pre-tax profit by 3.60% from Rs. 10.20 billion to Rs. 10.57 billion and earnings per share from Rs. 103.06 to Rs. 106.51.

The nine months sales have increased by 41.47% from Rs. 81.43 billion to Rs. 115.20 billion, gross profit by 18.74% from Rs. 24.80 billion to Rs. 29.44 billion, pre-tax profit by 16.00% from Rs. 21.04 billion to Rs. 24.41 billion and earning per share from Rs 212.67 to Rs. 246.15 compared with the corresponding period of last year.

The nine months sale is comprised of Rs. 107.26 billion (March 31, 2025: Rs. 73.39 billion) of Four Wheelers, Rs.

7.36 billion (March 31, 2025: Rs. 7.47 billion) of Three Wheelers and Rs. 00.58 billion (March 31, 2025: Rs. 00.57 billion) of tractor wheel rims.

The summary of production of four wheelers, three wheelers and tractor wheel rims is given below:

• Medium to long term credit rating: upgraded to “A+”

• Short -term credit rating: Revalidated at “A1”.

Interim Cash Dividend:

The Directors of your company are pleased to declare 3’" interim cash dividend of Rs. 20/- per ordinary share i.e. 200a». This is in addition to the cumulative interim cash dividends of 300% already paid during the year.

Election of Directors:

The election of directors of the Company was held as on March 17, 2026 in the Extra Ordinary General Meeting of the Company and new Board had been constituted for a period of three years commencing from March 20, 2026. The names of nine (9) newly elected directors are given below:

1. Mr. Mian Asad Hameed 2. Mr. Saeed Iqbal Khan 3. Mrs. Saira Asad Hameed

4. Mr. Mian Muhammad Ali Hameed S. Mrs. Sana Suleyman 6. Mr. Humza Amjad Wazir

7. Mr. Umair Ejaz (Independent Director) 8. Mr. Taha Mahmood (Independent Director)

9. Mr. Muhammad Omer Saeed (Independent Director)

The Board appointed Mrs. Saira Asad Hameed as Chairperson, Mr. Mian Asad Hameed as Chief Executive, Mr. Saeed Iqbal Khan as Executive Director under the designation of “Chief Operating Officer (COO)-Three Wheeler & Automotive Parts Division” of the Company and Mr. Mian Muhammad Ali Hameed as Executive Director under the designation of “Chief Operating Officer (COO)- Car Division” of the Company as on March 28, 2026 for a period of three years commencing from March 28, 2026. The Board also fixed the net of tax monthly Remuneration of Chief Executive at Rs. 5.80 M, COO-Three Wheelers & Automotive Pans Division at Rs. 3.00 M and COO-Car Division at Rs. 1.60 M along with allowances, perquisites, benefits and such other sums associated to these positions including free use of Company maintained vehicle for official and private purposes, reimbursement of actual medical expenses for self and spouse and payment of bonuses as per Company policies and any other facility as and when approved by the Board of Directors.

Looking ahead, the Company remains cautiously optimistic about its future prospects. The improving macroeconomic environment, relative stability in key indicators, and gradual recovery in industrial activity are expected to support business confidence. However, the prolonged regional geopolitical tensions may continue to create challenges for the businesses.

The recovery of auto sector has created attractive opportunities for the auto assemblers to introduce new vehicles and models, particularly in the category of new energy vehicles.

The successful rollout of the CKD model of TANK-500 is expected to provide further impetus to the Four Wheelers Segment. The Company intends to continue focusing on strengthening its market position, broadening its product portfolio, improving operational efficiency, and enhancing customer confidence.

The Three Wheelers Segment is also expected to continue contributing positively, although its performance will remain sensitive to consumer affordability, fuel prices, and overall economic conditions.

Similarly, the tractor wheel rims business will depend upon demand from tractor assemblers and the general performance of the agriculture sector.

The Company believes that it is well positioned to capitalize on emerging opponunities and to pursue sustainable growth through prudent management, strategic investment, and continued focus on operational excellence.

The directors would like to place on record their appreciation for the untiring effons, teamwork and dedication shown by the company's employees during the period under review. They would also like to express their gratitude to the valued shareholders, customers, suppliers, principals and financial institutions for their cooperation, constant suppon and trust on the Company.

For and on behalf of the Board

Dated: 17-04-2026

NIAN ASAD HANEED SAEED IOBAL KHAN

FINANCIAL POSITION (UN-AUDITED)

AS AT MARCH 31, 2026

The annexed notes 1 to 17 form an integral part of these condensed interim financial statements.

I‘HIANASAD HAñ"IEED

SAEED IQBAL KHAN

t•1UHAMNADATIF RAO

PROFIT OR LOSS (UN-AUDITED)

FOR THE THIRD QUARTER AND NINE MONTHS ENDED MARCH 31, 2026

Rupees

t•ilAH ASAO HAPiEEO

SAEED IOBAL KHAN

PiUHAt it iAD ATIP RAO

COMPREHENSIVE INCOME (UN-AUDITED)

FOR THE THIRD QUARTER AND NINE MONTHS ENDED MARCH 31, 2026

Third Quarter Ended Nine Months Ended

WetProGtfo*theperiod

Total Comprehensive Income for the period

6,438,295,512 6,229,713,211 14,878,860,926 12,854,869,349

6,438,295,512 6,229,713,211 14,878,860,926 12,854,869,349

The annexed notes 1 to 17 form an integral part of these condensed interim financial statements.

PilAN ASAO HAPiEEO

SAEED IOBAL KHAN

CHANGES IN EQUITY (UN-AUDITED)

FOR THE NINE MONTHS ENDED MARCH 31, 2026

Balance as at June 30, 2024 - Audited

Final cash dividend for the year ended June 30, 2024 at the rate of

1st Interim cash dividend for the year ended June 30, 2025 at the

2nd lnterimcashdvdendfortñeyearended)une30,2025atthe

Rupees

6M,459,S40

Rupees Rupees

Rupees

1O,¥04,086,687

(725,351,568)

(604,459,640)

(604,459,640)

(604,459,640)

(604,459,640)

{1,934,270,84b) (:t,934,27O,&48)

NetproCtfo

1S,862,819,356 2t,O24,685,t88

Balance as at June 30, 2O25 - Audited

-

{1,208,919,280)

(1,208,919,280)

•

(906,689,460)

(906,689,460)

•

(906,689,460)

(906,689,460)

Transaction with owner, recognized directly in equity - distributions Final cash dividend for the year ended June 30, 2025 at

therateofRs20200%)perordna share

est Interim cash dividend for the year ended June 30, 20z6 at the rate of Rs t5 (15QX') per share

2nd Interim cash dividend for the year ended June 30, 2026 at the rate of Rs 15 (15096) per share

I'•IIAN ASAD FtAMEED

SAEED IOBAL KHAN

“/ "

I•1UHAI' IMADATIF RAO

CASH FLOWS (UN-AUDITED)

FOR THE NINE MONTHS ENDED MARCH 31, 2026

Cash Flows from Operating Activities Profit before levy and taxation

Adjustment for non cash charges and other items: Depreciation on property, plant and equipment Amortization on intangibles

Provision for post employment benefits

(Decrease) / Increase in deferred revenue Workers' profit participation fund Workers' welfare fund

Provision for warranty claims Discounting of loan to employees Finance cost

Bank profits on saving accounts

Effect of unwinding on loan to employees

Working capital changes

Store, spares and loose tools Stock-in-trade

Trade debts

Loans, advances, deposits, prepayments and other receivables

Trade and other payables

Increase in long term loans and advances

cash generated from operations Finance cost paid

Income tax paid/deducted at source Employees retirement benefit - gratuity paid

284,695,687

st,188 1z7,4z1,s3z s,364,szs t,3zt,4zs,sz1 4so,3os,4ss

62,589,173

273,088,667

(ss3)

243,376,558

51,188

105,338,529

(24,491,102)

432,769,175

202,741,165

8,440,625

192,922,038

(992,658,380)

(2,770,408) (24,475j (1,086,652)

1,300,070,172

22,342,125,075

(84,605,490)

l13,sso,ooz,sz8l

26,237,750,573

12,038,967,357

3z,zo4,s8s,zzs

(st,s7s,z1s)

(9,613,420,234)

l1z,sss,z97)

21,042,054,903

(30,445,132)

233,433,129

11,565,322

185,178,117

{7,758,742,805)

(17,108,476)

{7,376,119,845)

14,966,005,230

(90,949,591)

{7,934,950,590)

(19,637,289)

I‘HIANASAD HANEED

SAEED IQBAL KHAN

/"IUHAI•II‘HADATIFRAO

NOTES

TO THE CONDENSED INTERIM FINANCIAL STATEMENTS - UN-AUDITED

FOR THE THIRD QUARTER AND NINE MONTHS ENDED MARCH 3 , 2028

1. TFIE COMPANY AND ITS OPERATIONS

   Sazgat Engineering Works Limlted was incorporated In Paklstan on September 21, 1991 as a Private Llm)ted Company and converted into a Publlc Limited Company on November 21, 1994. The Company is listed on the Pakistan Stock Exchange Limited. The Company is domiciled in Pakistan and is engaged in manufacturing and sale of automobiles and automotive parts.

   The geographical locations and addresses of the Company's business units, including production facilities are as under Business unit Geographical location

   Registered office

   Manufacturing faolity - three wheeler and wheel

   Manufacturing facility - four wheeler

   88- Ali Town, Thokar Niaz Baig, Raiwind Road, Lahore. 18-Km Raiwind Road, Lahore.

   Maghrabi Tanki-1 Link Road, Near ljtamah Chowk, Sunder-RaiwJnd Road, Lahore.

   1. The Board of directors, in their meeting held on August 29, 202S, deoded to discontinue the Home Appliances business effective from September 01, 2025 after a comprehensive review of its financial performance, market dynamics and long-term strategic objectives. The deosion has been made in the best interest of the shareholders with a view to focusing the Company's resources on its core businesses and more profitable segments. All necessary regulatory requirements and contractual obllgadons reladng to the dlscontlnuadon have been fulfilled without any disruption to employees, customer or stakeholders. Furthermore, the Company holds no material assets or liabilities pertaining to the segment of home appliance

The Company has no non-current assets classified as held for sale in accordance with IFRS 5 "Non-Current Assets Held for Sale and Discontinued

Un-audited Un-audited

fi'rofit / (loss) after taxation from disconanued

z eAsis or eRcPAnATion

- 53,0t1

- 53,021

Rupaas

- 8,529

- 8,529

These condensed interim financial statements (un-audited) have been prepared in accordance with the accounting and reporting standards as applicable in Pakistan for interim financial reporting. The accounting and reporting standards as applicable in Paéstan for interim finanoal reporting

-International Accounting Standard (IAS) 34, Interim Financial Reporting, issued by the International Accounting Standards Board (IASB) as notified under the Companies Act, 2017,IsIamic Financial Accounting Standards (IFAS) Issued by the Instltute of Chartered Accountants of Pakistan as are notified under the Companies An, 2017; and

-Provisions of, directives and notifications issued under the Companies Act, 2017.

Where the provisions of, directives and notifications issued under the Companies Act, 2017 differ with the requirements of IAS 34, the provisions of, directives and notifications issued under the Companies An, 2017 have been followed.

1. These condensed Interim financial statements {un-audited) are being submltted to the shareholders as required by section 237 of the Companies Act, 2017 (the "Act").

2. These condensed interlm financial statements (un-audited) do not indude all the Informatlon and dkclosures as required in the annual financial statements and should be read in conjunction with the Company's annual audited financial statements for the year ended June 30, 2025.

z.s rinsncinc Risr raxunsrluEnz, riuxncisc inszRuuiEnTs ono ccc unTins cszilunzEs ono JuocluEnTs

1. Financial risk management

   The Company oversees the management of risks. The Company's risk management objectives and policies are consistent with those disdosed in the flnar+cial statements for the year ended June 30, 2025.

2. rair value of financial assats and liabilities

The carrying value of all flnanclal assets and liabilldes reflected in these condensed Interim fnanciaI statements (un-audited) approximate to thelr fair value.

NOTES

TO THE CONDENSED INTERIM FINANCIAL STATEMENTS - UN-AUDITED

FOR THE THIRD QUARTER AND NINE MONTHS ENDED MARCH 3 , 2028

ts ( ) I'

Quarterly Reports 2026

1. The accounting policies adopted in the preparation of these condensed interim financial statements (un-audited) are consistent with those applied in the preparation of the annual audited financial statements for the year ended June 30, 2025.

2. Cenain standards, amendments and interpretations of approved accounting standards will be effective for accounting periods but are considered not to be relevant or to have any significant effect on the Company's operations and are, therefore, not detailed in these condensed interim financial statements (un-audited).

3. There are certain amendments in the accounting and reporting standards that will be mandatory for the Company's annual accounting periods beginning on or after July 01, 2026. However, these amendments will not have any significant impact on the financial reporting of the Company and, therefore, have not been detailed in these condensed interim financial statements (un-audited).

Audited Un-audited

10O,O00,OOO 100,000,000

5 Issued, subscribed and paid up share capital

Ordinary shares of Rupees 10/- each

1,000,000,000 1,000,000,000

s c uziusEnciEs ono c Tal iizraEnTs

1. Contingencies

   There is no significant change in contingencies from the preceding annual published financial statements of the Company for the year ended June 30, 2025,except the following;

   1. A tax demand of Rs. 188,902,192 has been raised by the Additional Commissioner Inland Revenue (ACIR) through an order dated September 30, 2025, issued under Section 122(SA) of the Income Tax Ordinance, 2001 for Tax Year 2023. The Company has filed a rectification application under Section 221 of the Income Tax Ordinance, 2001 before the ACIR and has also lodged an appeal with the Commissioner Inland Revenue {Appeals) [CIR(A)]. Based on the opinion of the Company's tax consultant, the likelihood of an outflow of economic benefits is considered not probable as a favorable outcome is expected. Accordingly, no provision has been recognized in these condensed interim financial statements.

   2. During the per1od, two customers have filed consumer court cases against the Company in respect of certain alleged claims. These cases are currently pending adjudication before the respective consumer couns. In the opinion of the Company's legal advisor, the likelihood of an outflow of economic resources embodying economic benefits is not probable. However, as the matters remain sub judice, the Company continues to monitor their progress closely. The aggregate amount of the claims cannot be determined with reasonable accuracy at this stage but is not expected to have any material impact on the financia] position of the Company. Accordingly, no provision has been recognized in these condensed interim financial statements in respect of these matters.

1. Commitments in respect of outstanding letters of credit for raw material amount to Rs. 50,598.72 Million (June 30, 2025: Rs. 12,785.50 Million).

2. Commitments in respect of capital expenditures amount to Rs. 3,083.51 Million (June 30, 2025: Rs. 1,164.11 Million) and bank guarantee of Rs.728.49 Million (June 30, 2025: Rs. 602.05 Million).

Un-audited Audited

1. PROPERW,PMWTANDE0UPMENT

   Operating fixed assets - tangible Capital work in progress Advance for purchase of land

   1. oPEnAzins rixEo AssEzs - tangibie

Opening book value

7.I

72

12,BB9,478,5O1 6,061,900,046

1,263,613,305 1,878,021,798

2,496,342,171 -

16,319,433,977 7,939,921,844

6,061,900,046 4,223,942,764

Addltions during the period (at cost)

• Freehold Land

• Building and civil works on freehold land

• Plant and machinery

• Furniture and fittings

• Office equipment Electric installations Vehicles

-2,523,144,163

3,038,157,326

10,262,600

927,SOO

1,09S,146,139

1t4,736,030

6,782,374,758

1,366,832,550

165,917,427

387,102,830

9,114,080

988,000

S6,202,124 204,773,555

2,190,930,566

Depreciation charged during the period closing book value

7.z CAPTAtWOR&TNPROGRESS

Openiugbaance

Additions during the period

Less: Transferred to fixed assets during the period

inTAnsierr AssETs

Opening book value

Less: amortization charged during the period

Un-audited

Rupees

(100,615) (17,033,348)

(284,695,6B7) (335,939,936)

(284,796,302) (352,973,284)

12,5B9,478,5O1 6,061,900,046

1,878,021,798 336,431,244

5,93F,979,859 1,866,057,944

(6,550,388,JST) (324,467,390)

t,zs3,sz3,3os 1,s7s,oz1,7ss

Un-audited Audited

62,960 130,814

(51,188) (68,250)

11,376 2

Rupees

9.1 58,652,370,621 44,765,168,309 140,441,381,495 95,986,860,697

9.1 This includes Rs. 40.94 million (March 31, 2025: Rs. 57.69 Million) on account of export sales for the period. The disaggregation of revenue is disclosed in note no.14 of these condensed interim financial statements.

For the perlod

- 95

4,006,625,946

- 2 9

9,178,618,336 8,270,213,511

(7,397,371 (34210,792)

Deferred tax

Net profit for the period Rupees

Weighted average number of ordinary shares /ggmggt outstanding during the peñod - Note 5

Basic earnings per share

387,078,532 (32,035,868) 359,557,774 (50,065,115)

s,t34,os4,oss 7 o o7 9,sao,77s,z39 7

6,229,713,211 14,g70,g60,926 12,854,869,349

60,445,964

106.51

A diluted earnlngs per share has not been presented as the Company does not have any convertible instruments in issue as at March 31, 2026 and March 31, 2025, which would have any effect on earnings per share if the option to conven is exercised.

13

Pad Tractor Manufacturing Company Associate

Power ViSion SyStemS (Private) Limited Associate Non-executive directors

Sale of goods

Receipt against sale of goods

Payment against purchases

Meeting fee paid

Travelling, boarding and lodging expenses

Sale of goods

Receipts against sale of goods Advance against sale of goods Dividend paid

1,324,3BO

1,324,3SO

50,000

54,395,400

s4.3ss,4oo

240,4O8,IOO

1,191,776

2,780,811

46,285

L710,000 50,000

t46,137,656

Key management personnel

Other executives

Remuneration, allowances and benefits Dividend paid

Remuneration, allowances and benefits Dividend paid

313,516,936 214,494,899

t,619,608,7SO 1,068,604,912

28,855,788

32,740,800

Spouses of directors

Relatives of directors

Dividend paid

Sale of goods - vehicles Receipts against sale of goods Dividend paid

S,235,9OO

50,401,400

I0,05B,750 I0,05B,750

The Company's Board of Directors, in their meeting held on April 17, 2026, declared 3rd interim cash dividend of Rs. 20.00 per share i.e. 200.00s amounting to Rs. i208.92 million {March 31, 2025: Rs. 12.00 per share i.e. 120.008 amounting to Rs. 725.3S million). This is in addition to the 1st interim cash dividend of Rs. IR.00 pet share i.e. 1$0.00s amounting to Rs. 906.69 million and 2nd Interim cash dividend of Rs. 1$.00 per share i.e. ISO.00s amounting to Rs. 906.69 million. These interim cash dividends penain to the financial year ended dune 30, 2026.

These condensed interim financial statements do not reflect the irnpact ot the declared 3rd interim cash dividend, as it will be recognized in the subsequent period.

16

DATEOFAUTHORTZATIOW FORTSSUE

The Board of Directors of the Company has authorized these condensed interim financial statements (un-audited) for issue on April 17, 2026.

17

GENERAL

The figures have been rounded off to the nearest Rupee.

I'•IIAN ASAD FtAMEED

SAEED IQBAL KHAN

I•1UHAI'•IMADATIF RAO

‌Sozgor Engineering Works Limited

Reg istered OG ce B8-Ali Town,Tho kor Nio z Boig, Ro'wind Rood, Lohere,Pakistan @ •92-A2-Z529157Z -7A, 0+2-35297861-62 +92-4-23529766T

@ infa Q so zg ora utos co m sazgarautos co m O sozga routos @ sa z goroutos