Atlas Battery : Draft Notice of Credit of First Interim Cash Dividend

Faizan Raza Nayani Company Secretary

AtlasBattery

Electronic Payment of

First Interim Cash Dividend

We are pleased to inform the shareholders of Atlas Battery Limited ('the Company') that first interim Cash Dividend for the year ending June 30, 2023 at Rs.22.50 per share i.e. 225% has been credited electronically into the designated bank account of the shareholders on May 17, 2023.

In compliance with the requirements of Companies Act, 2017 and Companies (Distribution of Dividends) Regulations, 2017, the Company has withheld dividend of those shareholders who either have provided incorrect / incomplete or have not provided their bank account details and / or copy of their valid Computerized National Identity Card (CNIC).

In order to receive the first interim Cash Dividend, withheld by the Company as stated above, all physical shareholders are requested to provide their valid bank account details in the "Dividend Mandate Form" as available on Company's website www.abl.atlas.pkalong with copy of their valid CNIC. Shareholders maintaining shareholding under Central Depository System (CDS) are advised to submit their bank mandate information directly to the relevant participant / CDC Investor Account Service.

Karachi: May 19, 2023

10 x 2

22.50	225	2023
"Dividend
		Mandate Form"
		10cm x 2col.