Certified Copy of Resolutions adopted at the Extra Ordinary General Meeting of Universal Network Systems Limited held at 03:30 p.m. on Monday July 10, 2023

July 11, 2023

The General Manager

Pakistan Stock Exchange Limited

Stock Exchange Building

Stock Exchange Road

Karachi, Pakistan.

Dear Sir,

Certified Copy of Resolutions adopted at the Extra Ordinary General Meeting of

Universal Network Systems Limited held at 03:30 p.m. on Monday July 10, 2023

We are pleased to attach a certified copy of resolutions adopted by the shareholders of Universal Network Systems Limited (the Company) at the Extra Ordinary General Meeting of the Company held at 03:30 p.m. on July 10, 2023 at the registered office of the Company situated at Plot # 5, Bangalore Town, Near Awami Markaz, Shahrah-e-Faisal, Karachi and via video link.

The above is submitted for information as per the Regulation 5.6.9. (b) of the PSX Rule Book of Pakistan Stock Exchange Limited.

Sincerely,

Ahsan Iqbal

Company Secretary

Encl.: As above

RESOLUTIONS ADOPTED BY THE SHAREHOLDERS OF UNIVERSAL NETWORK SYSTEMS LIMITED AT THE EXTRA ORDINARY GENERAL MEETING HELD AT 03:30 P.M. ON MONDAY JULY 10, 2023 AT PLOT # 5, BANGALORE TOWN, NEAR AWAMI MARKAZ, SHAHRAH-E-FAISAL, KARACHI AND VIA VIDEO LINK

ORDINARY BUSINESS:

1. To elect seven (7) directors of the Company as fixed by the Board of Directors, in accordance with Section 159(1) of the Companies Act, 2017 for a term of three (3) year commencing from July 10, 2023.

Since the number of candidates offered for election equals the number of directors fixed by the Board, the following persons were deemed to have been elected unopposed as Directors on the Board of the Company as earlier intimated through notice published in the newspapers. Mrs. Nadine Malik Almani and Mrs. Naveen Ahmed are appointed as an independent director in terms of section 166 of the Companies Act, 2017.

SPECIAL BUSINESS

2. To change the name of the Company from "Universal Network Systems Limited" to "Blue-Ex Limited", in accordance with Section 12 of the Companies Act, 2017, and in that connection passed the following resolutions:

"RESOLVED THAT the name of the Company be changed from "Universal Network Systems Limited" to "Blue-Ex Limited".

FURTHER RESOLVED THAT the Memorandum of Association and Articles of Association of the Company be hereby amended, as required, to give effect to the aforementioned resolution and for this purpose to change the name of the Company wherever appearing in these documents from "Universal Network Systems Limited" to "Blue-Ex Limited".

FURTHER RESOLVED THAT Company Secretary and Chief Executive Officer of the Company, as authorized by the Board of Directors, be and are hereby jointly and/or severally authorized to prepare, finalize, execute and file all necessary documents, and take all necessary steps and to do all such acts, deeds and things for and on behalf of, and in the name of the Company, as may be necessary or required as they may think fit for or in connection with or incidental for the purposes of the abovementioned resolutions, as well as carry out any other act or step which may be ancillary and/or incidental to, and necessary to fully achieve the objects of the aforesaid resolutions, including without limitation, the submission of all necessary applications and documents, and obtaining all required approvals and permissions."

Certified True Copy

Ahsan Iqbal

Company Secretary

July 11, 2023