Approval to Issue Right Modaraba Certificates at Discount by Wasl Mobility Modaraba

WASL

NOBLITY

M 0DARABA

(Formarty First Prudential Modaraba)

The General Manager

PakiStdn Stock Exchange United

Steck Exchange Buildlng, Stock Exchange Road Karachi

Ref: WASL/PSX/2026

January 27, 2026

MSU E

MM

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Dear Sr,

'^ '^, inform you that the Registrar Modaraba Coaipaniec & Modaraba, Securitim & Exchange

'^^'°" ° ' (8MP) has appm 0d to issue 31,325,724 right Modarsha Certificates at adiscount ofRs 5.26 per Modaraba C•nficate andRs 4.†3 pet Modaraba Certificate to the existing certificao holdns and Modaraba Management Company of Wasl Mobility Modaraba respectively, for injection of Rs 150 million inthe find ofModaraba as per condition for the transfer ofManagement of the Modaraba. Copy of SECI' Jerter dated 26'* laity, 20y6 is mcioscd,

You may please infomi the TRE Certificate Holders of tire Exch tjtdjpg[y,

1. The Dimctor/HOD, Offsite-II Apartment, Supervision Division,

   Securities & Rxchang Commission of Pakistan, 63, HIC Building, Jitmah Avenue, Islamabad

2. The Director, Securities Market Division,

   Secwities & Exchange Commission ofPakistan, 63, NIC Building, linnah Avenue, Islamabad

3. The Register Modaraba Companies & Modaraba,

Securities & Change Commission ofPakistm, 63, hlC Bnil6ing, Jinnah Avenue, Islamabad

Managed by: WASL Modaraba Management Limited (Formerly Awwal Modaraba Management Ltd) Head Office: 818, Bh Floor, Hi-Q Tower, Jail Road, Lahore Telephone: (+92-42) 35135117

Karachi Offioe: Suit No. A&B 3rd Floor Plot No. 31-C, Khayaban-e-shamsheer, DHA Phaee V, Karachi.

Telephone: (+92-21) 35155610

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P uties and

Deputy Director

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