,
Service Global Footwear Limited
Servis House, 2-Main Gulberg Lahore-54662 (Pakistan) Phone: (42) 35751990-96
Fax: (42) 35711827
SGFL/PSX/CS/54
April 28, 2025
The General Manager,
Pakistan Stock Exchange Limited, Stock Exchange Building,
Stock Exchange Road,
Karachi.BY T.C.S & PUCARS
SUBJECT:CERTIFIED COPIES OF THE RESOLUTIONS PASSED BY THE SHAREHOLDERS IN THE 6t' ANNUAL GENERAL MEETING OF THE COMPANY HELD ON APRIL 28, 2025
Dear Sir,
As per regulation 5.6.9(b) of the PSX Rule Book, please find enclosed herewith certified copies of the resolutions passed by the shareholders in the 6'h Annual General Meeting of the Company held on April 28, 2025.
Please acknowledge receipt. Thanking You.
Yours truly,
For SERVICE GLOBAL FOOTWEAR LIMITED
Waheed shraf Company Secretary
Enclosed as above.
,<-,
Service Global Footwear Limited
Servis House, 2-Nain Gulberg Lahore-54662 (Pakistan) Phone: (42)35751990-96
Fax: (42) 35711827
CERTIFIED COPIES OF THE RESOLUTIONS PASSED BY THE SHAREHOLDERS IN THE
6" ANNUAL GENERAL MEETING OF THE COMPANY HELD ON APRIL 28, 2025
Ordinary Business:
1. Approval of Audited Financial Statements
"Resolved that the separate and consolidated audited financial statements of the Company for the year ended December 31, 2024, together with the Directors' and Auditors' Reports thereon and Chairman*s Review Report, as circulated to the members and laid before the meeting, be and are hereby received, approved and adopted."
Approval of Final Cash Dividend
"Resolved that as recommended by the Board of Directors, the payment of final cash dividend of Rs. 4 per share i.e., 40% for the financial year ended December 31, 2024, be and is hereby approved."
Approval of re-appointment of Auditors and fixation of their remuneration
"Resolved that M/s. Riaz Ahmad & Company, Chartered Accountants, be and are hereby re-appointed as statutory auditors of the Company from the conclusion of this Meeting until the conclusion of the next Annual General Meeting and the C.hief Executive be and is hereby authorized to negotiate / finalize the remuneration with the auditors."
Specfa/ Business:
Renewal of investment in the form of working capital loan of up to PKR 4.5 Billion in Service Industries Limited, a holding / associated companv
Spec7a/ Reso/ufion:
"Resolved that pursuant to the requirements of Section 199 of the Companies Act, 2017, approval of the members of Service Global Footwear Limited (the "Company") be and is hereby accorded and the Company be and is hereby authorized to renew the investment of up to PKR 4.5 Billion (Rupees Four Billion Five Hundred Million) in the form of working capital loan in Service Industries Limited, a holding / associated company, approved by the shareholders vide special resolution dated April 26, 2024 and expiring on June 30, 2025, for a further period of one year th June 30, 2026 with all other terms and conditions of the investment to remain unchanged.
Service Global Footwear Limited
Servis House, 2-Main Gulberg Lahore-54662 (Pakistan) Phone: (42) 35751990-96
Fax: 42) 3S711827
Further resolved that Mr. Hassan Javed, Chief Executive Officer and / or Mr. Arif Saeed, and / or Mr. Omar Saeed, Directors of the Company be and is hereby singly empowered and authorized to undertake the decision of said investment as and when deemed appropriate and necessary in the best interest of the Company and its shareholders and to take all steps and actions necessary, incidental and ancillary including execution of any and all documents and agreements as may be required in this regard and to do all acts, deeds and things, that may be considered necessary or necessary for the purpose of implementing this resolution."