Allied Bank : Certified copy of Resolutions Passed and Adopted by the Shareholders of Allied Bank Limited in their 78th Annual General Meeting

fAriedBank

CORPORATE AFFAIRS GROUP

HO/CAG/RAUl2024l07

March 28,2024

The General Manager

Pakistan Stock Exchange Limited Stock Exchange Building

Stock Exchange Road Karachi

Sub: Certified copv of Resolutions Passed and Adooted bv the Shareholders of Allied Bank

Limited in their 78th Annual General Meeting

Dear Sir,

ln compliance with Regulation No. 5.6.9 (b) of PSX Rule Book, please find enclosed herewith certified copy of the resolutions, passed and adopted by the Shareholders of Allied Bank Limited in their 78s Annual General Meeting held on March 28,2024.

'"u)';[''

AdeelJavaid Company SecretaryEncl: As above

f AriedBank

CERTIFIED COPY OF RESOLUTIONS PASSED AND ADOPTED BYTHE SHAREHOLDERS OF

ALLIED BANK LIMITED IN THEIR 78TH ANNUAL GENEML MEETING

HELD ON MARCH 28. 2024 AT IAHORE

t

To confirm the minutes of 77th Annual General Meeting of Allied Bank Limited held on March 28,2023.

• 2 To receive, consider and adopt Annual Audited Financial Statements of the Bank (consolidated and unconsolidated) for the

  "Resolved that the minutes of 7Vh Annual Generol Meeting of Allied Bonk Limited held on March 28,2023 be and are hereby confirmed."

  "Resolved that Annuol Audited Finonciol Stotements (consolidated and unconsolidoted) of Allied Bonk Limited for the year ended December 37, 2023 together with Auditors'

  year ended December 3t,2023 together Repofi Directors' Repoft and Choirman's Review Report

  with the Auditors' Report, Directors' Report and Chairman's Review Report thereon.

  thereon, as opproved by the Board of Directors be and are hereby considered, received ond odopted,"

• 3 To consider and approve Final Cash

  Dividend @ 40% (i.e., Rs. 4.00 per share) as recommended by the Board of Directors.

  "Resolved that in oddition to 80% (i.e., Rs. 8.00 per share) interim cash dividends olready paid to the shoreholders during the year 2023, o final cash dividend @ 40% (i.e., Rs.4.00 per

  This Final Cash Dividend would be in share) for the year ended December 31, 2023 be ond is herebyaddition to 80% lnterim Cash Dividends (i.e., Rs. 8.00 per share) already paid to the shareholders for the year ended December 3!,2023.

  To appoint Statutory Auditors of the Bank

• 4 forthe year ending December 31,2024andapproved to be paid to those shareholders of the Bank whose nomes appeared in the Register of Members at the close ol business on Morch 20, 2024. With poyment of finol cosh dividend, the totol cash dividend payout for the yeor 2023 would become 720% i,e., Rs. 72.00 per shore."

  "Resolved that on the recommendation of the Boord of Directors, Statutory Auditors of the Bonk M/s EY Ford Rhodes,

  fix their remuneration. The retiring Chartered Accountonts, who ore retiring otthis AnnuolGenerolAuditors, M/s. EY Ford Rhodes, Chartered Accountants, being eligible has offered themselves for reappointment. The auditMeeting, being eligible and willing to oct as Auditors for the yeor ending December 37, 2A24 be and ore hereby re- appointed as Statutory Auditors of the Bonk for its Domestic

  firm appointed will hold office till Operotions from the conclusion of this meeting till next Annualconclusion of the next Annual General Meeting (AGM)to be held in the year 2025.

• 5 To consider and approve circulation of Annual Audited Financial Statements of the

General Meeting of the Allied Bonk Limited to be held in the year 2025 at a professionolfee of Rs. 2j.274 million (inclusivg of out-of-pocket expenses and other certificotions exclusive of Sales Tax on Services)."

'Resolved that the shoreholders of Allied Bank Limited do hereby opprove ond authorize the Bonk for transmission of

Bank to its shareholders through QR- Annual Audited Financial Statements / Annual Report, enabled code and weblink instead of including but not limited to the Annual Balance Sheet, Profit circulation through CD/DVD/USB by and Loss Account, Auditot's Report, Directors' Report,

passing the Ordinary Resolution.

Choirmon's Review Report etc., to its shoreholders through QR- enabled Code and Weblink, instead of tronsmitting the some through CD/DVD/USB."

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fuT ALLIED BAE,K LIMITED

Company Secretary

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