Meezan Bank : NOTICE OF 28th ANNUAL GENERAL MEETING - MEEZAN BANK LIMITED

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FORM-4

March 7, 2024MEBL/CS/PSX-19/022/2024

ThePakistanGeneralStockManagerExchange Limited

Stock Exchange Building

Stock Exchange Road

Karachi.

NOTICE OF 28th ANNUAL GENERAL MEETING - MEEZAN BANK LIMITED

Dear Sir,

Enclosed please find copies of the Notice of 28th Annual General Meeting (AGM) of Meezan Bank
Limited scheduled to be held on Thursday, March 29, 2024 at 9:00 a.m. at Meezan House C-25, Estate
Avenue, SITE, Karachi, Pakistan, published nationwide today		in English and	7,			in two
newspapers namely			and			Urdu	languages
respectively.					i.e. Thursday, M rch		2024
	"Business	Recorder"		"Daily Express"

A copy of the Notice of AGM containing the statement of material facts under section 134(3) of the Companies Act, 2017 is also enclosed.

You may inform the TRE Certificate Holders of the Exchange accordingly.· This is for your information and record.

Yours Sincerdy')J_

CompanyM Secretaryad Sohail Khan Encls: As above.

Meezan Bank Ltd.

Head Office: Meezan House, C-25, Estate Avenue. SITE, Karachi - Pakistan.

PABX: (92-21) 38103500 UAN: 111-331-331 & 111-331-332 www.meezanbank.com

Published nationwide in newspaper namely "Business Recorder" Today i.e. Thursday, March 7, 2024

Notice of 28th Annual General Meeting

Notice is hereby given that the 28th Annual General Meeting of the Members of Meezan Bank Limited (the "Bank") will be held Insha-Allah on Friday, March 29, 2024 at 09:00 a.m. at Meezan House, C-25, Estate Avenue, SITE, Karachi, Pakistan, (physical and virtual meeting) to transact the following business:

ORDINARY BUSINESS

1. To confirm the minutes of the 27th Annual General Meeting held on March 29, 2023.
2. To receive, consider and adopt the Annual Audited Accounts of the Bank, Audited Consolidated Accounts for the year ended December 31, 2023, together with the Auditors' Report, Directors' Report and Chairman's Review Report thereon.
   In accordance with Section 223 of the Companies Act, 2017 and pursuant to the S.R.O. 389(I)/2023 dated March 21, 2023, the financial statements of the Bank can be accessed through the following weblink and QR enabled code.

https://www.meezanbank.com/annualreport/

1. To appoint auditors of the Bank for the year ending December 31, 2024 and to fix their remuneration. The present auditors, M/s. A. F. Ferguson & Co., Chartered Accountants, retire and being eligible, offer themselves for reappointment.
2. To consider and, if thought fit, approve as recommended by the Board of Directors, final cash Dividend at the rate of Rs. 8/- per share i.e. 80% in addition to Rs. 12/- per share i.e. 120% interim cash Dividend already declared/paid for the year December 31, 2023.

SPECIAL BUSINESS

1. To consider and, if thought fit, approve the amendments in Directors' Remuneration Policy of the Bank and to pass the following resolution as an ordinary resolution:
   "RESOLVED THAT the amendments in the Directors' Remuneration Policy of the Bank, as presented to the shareholders, be and is hereby approved."
2. To transact any other business with the permission of the Chair.
   Statements under section 134 (3) of the Companies Act, 2017 pertaining to special business is being provided along with the notice of AGM being sent to the shareholders.

		By Order of the Board
Karachi	Muhammad Sohail Khan
February 15, 2024	Company Secretary
Notes:

1. Closure of Share Transfer Books

The Members' Register will remain closed from March 25, 2024 to March 29, 2024 (both days inclusive). Transfer received at the Share Registrar office, by the close of business on March 22, 2024 will be treated in time for the purpose of entitlement to receive the 80% cash dividend and attend, vote and speak in the 28th Annual General Meeting.

2. Requirements to attend the AGM through Video-Link

• As per SECP circular 4 of 2021 dated February 15, 2021, the Bank is providing a video link facility for participation in the AGM. This facility is in addition to holding a physical AGM at a designated venue. Members or their proxy holders who wish to attend the AGM through the Video-Link are required to register themselves by providing the following information, along with a valid CNIC/Passport (both sides) copy, board resolution, or power of attorney as applicable, via email at [e-mail], by the close of business hours (1:00 PM) on Friday, March 22, 2024.

Name of	CNIC /	Folio No./CDC	Cell No.	Email
Shareholders/	Passport No.	Participant ID No.		Address
Proxy

• Link to video connectivity will be sent to the shareholders on their e-mail addresses after necessary verification from the records.

• Shareholders will be able to log in and participate in the Annual General Meeting proceedings through their smartphones or computer devices.

• The login facility will be available from 08:50 a.m. till the end of the Annual General Meeting on March 29, 2024, enabling the participants to join the proceedings which will start at 09:00 a.m. sharp, Insha-Allah.

• In addition to the above, Shareholders can also give their suggestions/ comments on the proposed agenda of the Annual General Meeting by e-mailing at the designated e-mail address [e-mail]

3. Copies of the Minutes of the 27 Annual General Meeting held on March 29, 2023, of Meezan Bank Limited, are available for inspection by Members as required under Section 152 of the Companies Act, 2017.

4. Guidelines for Central Depository Company Of Pakistan Limited ('CDC') Investor Account Holders:

CDC Investor Account Holders will further have to follow the under-mentioned guidelines as laid down in Circular No. 1 dated January 26, 2000, issued by the Securities and Exchange Commission of Pakistan (SECP).

For Attending the General Meeting:

• A member entitled to attend the Annual General Meeting may appoint any other person as his/her proxy to attend the meeting through video-link.

• In case of individuals, the account holder or sub-accountholder and/or the person whose securities are in group account and their registration details are uploaded as per the Regulations, shall authenticate his identity by showing his original Computerized National Identity Card ("CNIC") or original passport at the time of attending the Annual General Meeting.

• In case of a corporate entity, the Board of Directors' resolution/power of attorney with specimen signature of the nominee shall be produced (unless it has been provided earlier) at the time of the Annual General Meeting.

5. Video Conference Facility for Attending General Meetings

If the Bank receives consent from members holding in aggregate 10% or more shareholding residing at a geographical location, to participate in the meeting through video conference at least 07 days prior to the date of the Annual General Meeting, the Bank will arrange a video conference facility in that city subject to availability of such facility in that city.

To avail this facility, a request to be submitted to the registered address of the Bank 07 days before holding of the Annual General Meeting.

6. Postal Ballot / E-voting Facility

Shareholders will be allowed to exercise their right to poll in accordance with the requirements of Sections 143 to 145 of the Companies Act, 2017 and the Companies (Postal Ballot) Regulations, 2018.

7. Availability of Annual Accounts on Bank's Website

As required under Section 223 (7) of the Companies Act 2017, audited Financial Statements of the Bank have been uploaded on website of the Bank which can be downloaded from the Banks website www.meezanbank.com.

Furthermore, in accordance to the S.R.O. 389(I)/2023 dated March 21, 2023, the financial statements of the Bank can also be accessed through the weblink and QR enabled code mentioned in agenda no. 2.

8.Transmission of Annual Reports

The Securities and Exchange Commission of Pakistan (SECP) through S.R.O. 389(I)/2023 dated March 21, 2023 has provided an option for shareholders to receive Annual Report along with the notice of Annual General Meeting electronically through E-mail/ and in hard copy. Hence, members who are interested in receiving the Annual Reports and notice of Annual General meeting electronically in future are requested to send their request on the prescribed form placed on the Banks website, which can be accessed from the following link, to the Bank's Share Registrar.

https://www.meezanbank.com/wp-content/themes/mbl/downloads/Annual-Report-Request-Form.pdf

THE FOLLOWING CIRCULARS / NOTIFICATIONS REQUIRE SPECIAL ATTENTION OF THE SHAREHOLDERS:

9. Payment Of Cash Dividend Through Electronic Mode (E-dividend) - Mandatory:

Under section 242 of the Companies Act, 2017, and Regulation No. 4 of the Companies (Distribution of Dividends) Regulations, 2017, it is mandatory for a listed company to pay cash dividend to shareholders only through electronic mode directly into the bank account designated by the entitled shareholders.

In order to receive dividend directly into the bank account, shareholders are requested to fill the "E-Dividend Mandate Form" available on Bank's website and send it duly completed and signed along with a copy of valid CNIC his / her to the Bank's Share registrar, THK Associates (Pvt.) Ltd., Plot No. 32-C, Jami Commercial Street 2, D.H.A. Phase VII, Karachi -75500, Pakistan UAN 111-000-322.,(in case of physical shares).

In case shares are held in CDC then the "E-Dividend Mandate Form" must be submitted directly to shareholder(s)'broker/participant/CDC account services.

Shareholders can directly register for e-Dividend Services by visiting CDC Portal: https://eservices.cdcaccess.com.pk/public/index.xhtml.

E-Dividend Mandate Form

Folio Number/CDC Sub Account Number

Name of Shareholder(s)

Title of the Bank Account

International Bank Account Number (IBAN)

Name of Bank

Branch Name, Branch Code, Address

Cell and Landline number

CNIC/ Passport No. (Attach copy)

Signature of Shareholder

10. Submission of Valid CNIC Copy (Mandatory)

In terms of Regulation No. 06 of the Companies (Distribution of Dividends) Regulations, 2017 read with Section 243(3) of the Companies Act, 2017, listed Companies are entitled to withhold payment of dividend, if shareholders have not provided copies of their valid Computerized National Identity Cards ("CNIC")/ Passport Number as well as complete and valid details of designated bank accounts (IBAN) for direct credit of cash dividend.

The shareholders are therefore requested to submit a copy of their valid CNIC/NTN/Passport Number within ten (10) days from the date of this Notice to the Bank's Registrar and Share Transfer Agent/CDC (as the case may be). In case the same have already been provided, then these instructions may be ignored.

The shareholders while sending copies of their CNICs must quote their respective folio numbers and names for identification purpose.

11. Tax Implication on Dividends

The Government of Pakistan has made certain amendments in Section 150 of the Income Tax Ordinance, 2001 whereby different rates are prescribed for deduction of withholding tax on the amount of dividend paid by the companies/banks. These rates are as per law.

To enable the Bank to make tax deduction on the amount of Cash Dividend, all the members whose names are not entered into the Federal Board of Revenue's (FBR) Active Tax-Payers List (ATL), despite the fact that they are tax return filers, are advised to make sure that their names are entered into ATL, before the date of book closure for cash dividend; otherwise, tax on their cash dividend will be deducted as non-filer.

12. Tax on Joint Shareholding

All shareholders who hold shares jointly are requested to provide shareholding proportions of principal shareholder and joint-holder(s) in respect of shares held by them to our Shares Registrar, in writing as follows:

		Principal Shareholder	Joint Shareholder
Folio/CDS	Total Shares	Name and	Shareholding	Name and	Shareholding
CNIC No.	Proportion	CNIC No.	Proportion
			(No. of Shares)		(No. of Shares)

The required information must reach our Shares Registrar by the close of business (01:00 pm) on March 22, 2024 otherwise it will be assumed that the shares are equally held by principal shareholder and joint holder(s) and tax will be deducted according to the proportionate holding of each shareholder as clarified by the FBR vide its clarification letter No. I(54) Exp/2014-132872-R, dated September 25, 2014.

13. Tax Exemption Certificate

Shareholders claiming tax exemption under clause 47(B) of Part IV of the Second Schedule of Income Tax Ordinance, 2001 are requested to provide a valid exemption certificate under section 159 (1) of the Income Tax Ordinance, 2001 latest by March 21, 2024, to our Shares Registrar before the date of Book closure as required vide FBR clarification letter No. 1(43) D.G. (W.H.T.) / 2008-Vol.II-66417-R dated May 12, 2015.

14. Intimation Of Change Of Address And Declaration Of Non-deduction Of Zakat

Members are requested to immediately notify regarding the change, if any, in their registered and/or e-mail addresses, in writing, and their declaration for the non-deduction of Zakat (if applicable), to the Share Registrar and Transfer Agent of the Bank i.e. THK Associates (Pvt.) Ltd., Plot No. 32-C, Jami Commercial Street 2, D.H.A. Phase VII, Karachi -75500, Pakistan, UAN 111-000-322 (in case of Physical scrips) whereas Members/CDC Account holders are requested to contact their CDC Participant/CDC Account Services for the same, but no later than close of business hours (01:00 p.m.) on March 22, 2024.

15. Conversion of Physical Shares into Book-Entry Form

The Securities and Exchange Commission of Pakistan (SECP) through its letter No. CSD/ED/Misc/2016- 639-640 dated March 26, 2021 has advised the listed companies to adhere with the provisions of section 72 of the Companies Act, 2017 (the "Act") by replacing shares issued by them in Physical Form with the shares to be issued in the Book-Entry Form. Meezan Bank Limited (the "Bank"), being a listed company is also required to comply with aforesaid provisions of Act.

The shareholders of Meezan Bank Limited having physical folios/share certificates are requested to convert their shares from physical form into Book Entry Form as soon as possible. The shareholders may contact their Broker, a PSX Member, CDC Participant or CDC Investor Account Service Provider for assistance in opening a CDS Account and subsequent induction of the physical shares into Book Entry Form

It would facilitate the shareholders in many ways including safe custody of shares, no loss of shares, avoidance of formalities required for the issuance of duplicate shares and readily available for sale and purchase in open market at better rates. The shareholders of Bank may contact the Share Registrar and Transfer Agent of the Bank, namely THK Associates (Pvt.) Limited at the following address for the conversion of physical shares into Book-Entry Form.

THK Associates (Pvt.) Limited,

Plot No. 32-C, Jami Commercial, Street 2, D.H.A, Phase VII, Karachi -75500. Tel # [phone] UAN: 021-111-000-322 Email: [e-mail] and [e-mail]

16. Un-claimed Dividends / Shares

The shareholders are hereby informed that in accordance with section 244 of the Companies Act, 2017 and the unclaimed shares, Modaraba certificates, Dividend, other instruments and undistributed Assets Regulations, 2017, the companies are required to deposit cash dividends to the credit of the Federal Government and shares to the Commission, which are undelivered/unclaimed for a period of three (3) years or more from the date it is due and payable.

The details of unclaimed dividends, undelivered bonus, and right shares are available on the bank's website, which can be accessed at https://www.meezanbank.com/unclaimed/.

54cmx8col.

Published nationwide in newspaper namely "Daily Express"

Today i.e. Thursday, March 7, 2024

28

https://www.meezanbank.com/annualreport/

(10)

1(43) D.G. (W.H.T.) / 2008-Vol.II-66417-R

54cmx8col.

Best Bank

2018, 2020 & 2023

Pakistan Banking Awards

NOTICE OF 28TH ANNUAL GENERAL MEETING

To be held on Friday, March 29, 2024

Head Office: Meezan House, C-25, Estate Avenue, SITE, Karachi- 75730, Pakistan.

Phone: [phone], Fax: [phone]

24/7 Call Centre: 111-331-331 & 111-331-332 www.meezanbank.com, www.meezanbank.pk

Best Bank

2018, 2020 & 2023

Pakistan Banking Awards

NOTICE OF 28TH ANNUAL GENERAL MEETING

Notice is hereby given that the 28th Annual General Meeting of the Members of Meezan Bank Limited (the "Bank") will be held Insha-Allah on Friday, March 29, 2024 at 09:00 a.m. at Meezan House C-25, Estate Avenue, SITE, Karachi, Pakistan, (physical and virtual meeting) to transact the following business:

ORDINARY BUSINESS

1. To confirm the minutes of the 27th Annual General Meeting held on March 29, 2023.
2. To receive, consider and adopt the Annual Audited Accounts of the Bank, Audited Consolidated Accounts for the year ended December 31, 2023, together with the Auditors' Report, Directors' Report and Chairman's Review Report thereon.
   In accordance with Section 223 of the Companies Act, 2017 and pursuant to the S.R.O. 389(I)2023 dated March 21, 2023, the financial statements of the Bank can be accessed through the following weblink and QR enabled code.
   https://www.meezanbank.com/annualreport/
3. To appoint auditors of the Bank for the year ending December 31, 2024 and to fix their remuneration. The present auditors, M/s. A. F. Ferguson & Co., Chartered Accountants, retire and being eligible, offer themselves for reappointment.
4. To consider and, if thought fit, approve as recommended by the Board of Directors, final cash Dividend at the rate of Rs. 8/- per share i.e. 80% in addition to Rs. 12/- per share i.e. 120% interim cash Dividend already declared / paid for the year December 31, 2023.

SPECIAL BUSINESS

1. To consider and, if thought fit, approve the amendments in Directors' Remuneration Policy of the Bank and to pass the following resolution as an ordinary resolution:
   "RESOLVED THAT the amendments in the Directors' Remuneration Policy of the Bank, as presented to the shareholders, be and is hereby approved."
2. To transact any other business with the permission of the Chair.
   Statements under section 134(3) of the Companies Act, 2017 pertaining to special business are enclosed.

By Order of the Board

Karachi	Muhammad Sohail Khan
February 15, 2024	Company Secretary

Notice of 28th AGM March 29, 2024

Meezan Bank Limited | 01

Best Bank

2018, 2020 & 2023

Pakistan Banking Awards

Notes:

1. CLOSURE OF SHARE TRANSFER BOOKS
   The Members' Register will remain closed from March 25, 2024 to March 29, 2024 (both days inclusive). Transfer received at the Share Registrar office, by the close of business on March 22, 2024 will be treated in time for the purpose of entitlement to receive the 80% cash dividend and attend, vote and speak in the 28th Annual General Meeting.
2. REQUIREMENTS TO ATTEND THE AGM THROUGH VIDEO-LINK
3. • As per SECP circular 4 of 2021 dated February 15, 2021, the Bank is providing a video link facility for participation in the AGM. This facility is in addition to holding a physical AGM at a designated venue. Members or their proxy holders who wish to attend the AGM through the Video-Link are required to register themselves by providing the following information, along with a valid CNIC/ Passport (both sides) copy, board resolution, or power of attorney as applicable, via email at [e-mail], by the close of business hours (1:00 PM) on Friday, March 22, 2024.

Name of

Shareholders / Proxy

CNIC / Passport

No.

Folio No. / CDC Participant ID No.

Cell No.

E-mail Address

1. • Link to video connectivity will be sent to the shareholders on their e-mail addresses after necessary verification from the records.
   • Shareholders will be able to log in and participate in the Annual General Meeting proceedings through their smartphones or computer devices.
   • The login facility will be available from 08:50 a.m. till the end of the Annual General Meeting on March 29, 2024, enabling the participants to join the proceedings which will start at 09:00 a.m. sharp, Insha-Allah.
   • In addition to the above, Shareholders can also give their suggestions/comments on the proposed agenda of the Annual General Meeting by e-mailing at the designated e-mail address [e-mail]
2. Copies of the Minutes of the 27th Annual General Meeting held on March 29, 2023, of Meezan Bank Limited, are available for inspection by Members as required under Section 152 of the Companies Act, 2017.
3. GUIDELINES FOR CENTRAL DEPOSITORY COMPANY OF PAKISTAN LIMITED (CDC) INVESTOR ACCOUNT HOLDERS:
   CDC Investor Account Holders will further have to follow the under-mentioned guidelines as laid down in Circular No. 1 dated January 26, 2000, issued by the Securities and Exchange Commission of Pakistan (SECP).

FOR ATTENDING THE GENERAL MEETING:

• A member entitled to attend the Annual General Meeting may appoint any other person as his/her

02 | Meezan Bank Limited

Notice of 28th AGM March 29, 2024

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2018, 2020 & 2023

Pakistan Banking Awards

proxy to attend the meeting through video-link. A proxy form is enclosed.

• In case of individuals, the account holder or sub-accountholder and / or the person whose securities are in group account and their registration details are uploaded as per the Regulations, shall authenticate his identity by showing his original Computerized National Identity Card (CNIC) or original passport at the time of attending the Annual General Meeting.
• In case of a corporate entity, the Board of Directors' resolution/power of attorney with specimen signature of the nominee shall be produced (unless it has been provided earlier) at the time of the Annual General Meeting.

1. VIDEO CONFERENCE FACILITY FOR ATTENDING GENERAL MEETINGS
   If the Bank receives consent from members holding in aggregate 10% or more shareholding residing at a geographical location, to participate in the meeting through video conference at least 07 days prior to the date of the Annual General Meeting, the Bank will arrange a video conference facility in that city subject to availability of such facility in that city.
   To avail this facility, a request to be submitted to the registered address of the Bank 07 days before holding of the Annual General Meeting.
2. POSTAL BALLOT / E-VOTING FACILITY
   Shareholders will be allowed to exercise their right to poll in accordance with the requirement of Sections 143 to 145 of the Companies Act, 2017 and the Companies (Postal Ballot) Regulations, 2018.
3. AVAILABILITY OF ANNUAL ACCOUNTS ON BANK'S WEBSITE
   As required under Section 223(7) of the Companies Act 2017, audited Financial Statements of the Bank have been uploaded on website of the Bank which can be downloaded from the Bank's website-www.meezanbank.com.
   Furthermore, in accordance to the S.R.O. 389(I)/2023 dated March 21, 2023, the financial statements of the Bank can also be accessed through the weblink and QR enabled code mentioned in agenda No. 2.
4. TRANSMISSION OF ANNUAL REPORTS
   The Securities and Exchange Commission of Pakistan (SECP) through S.R.O. 389(I)/2023 dated March 21, 2023, has provided an option for shareholders to receive Annual Report along with the notice of Annual General Meeting electronically through E-mail and in hard copy. Hence, members who are interested in receiving the Annual Reports and notice of Annual General Meeting electronically in future are requested to send their request on the prescribed form placed on the Bank's website, which can be accessed from the following link, to the Bank's Share Registrar.
   https://www.meezanbank.com/wp-content/themes/mbl/downloads/Annual-Report-Request-Form.pdf

Notice of 28th AGM March 29, 2024

Meezan Bank Limited | 03

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2018, 2020 & 2023

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THE FOLLOWING CIRCULARS / NOTIFICATIONS REQUIRE SPECIAL ATTENTION OF THE SHAREHOLDERS:

9. PAYMENT OF CASH DIVIDEND THROUGH ELECTRONIC MODE (E-DIVIDEND)- MANDATORY:

Under section 242 of the Companies Act, 2017, and Regulation No. 4 of the Companies (Distribution of Dividends) Regulations, 2017, it is mandatory for a listed company to pay cash dividend to shareholders only through electronic mode directly into the bank account designated by the entitled shareholders.

In order to receive dividend directly into the bank account, shareholders are requested to fill the "E-Dividend Mandate Form" available on Bank's website and send it duly completed and signed along with a copy of his / her valid CNIC to the Bank's Share Registrar, THK Associates (Pvt.) Ltd., Plot No. 32-C, Jami Commercial Street 2, D.H.A. Phase VII, Karachi-75500, Pakistan UAN 111-000-322., (in case of physical shares).

In case shares are held in CDC then the "E-Dividend Mandate Form" must be submitted directly to shareholder(s)'broker/participant/CDC account services. Shareholders can directly register for e-Dividend Services by visiting CDC Portal through following link: https://eservices.cdcaccess.com.pk/public/index.xhtml.

E-DIVIDEND MANDATE FORM

Folio Number/CDC Sub Account Number

Name of Shareholder(s)

Title of the Bank Account

International Bank Account Number (IBAN)

Name of Bank

Branch Name, Branch Code, Address

Cell and Landline number

CNIC/ Passport No. (Attach copy)

Signature of Shareholder

10. SUBMISSION OF VALID CNIC COPY (MANDATORY)

In terms of Regulation No. 06 of the Companies (Distribution of Dividends) Regulations, 2017 read with Section 243(3) of the Companies Act, 2017, listed Companies are entitled to withhold payment of dividend, if shareholders have not provided copies of their valid Computerized National Identity Cards (CNIC) / Passport Number as well as complete and valid details of designated bank accounts (IBAN) for direct credit of cash dividend.

04 | Meezan Bank Limited

Notice of 28th AGM March 29, 2024

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2018, 2020 & 2023

Pakistan Banking Awards

The shareholders are therefore requested to submit a copy of their valid CNIC / NTN / Passport Number within ten (10) days from the date of this Notice to the Bank's Registrar and Share Transfer Agent/CDC (as the case may be). In case the same have already been provided, then these instructions may be ignored.The shareholders while sending copies of their CNICs must quote their respective folio numbers and names for identification purpose.

11. TAX IMPLICATION ON DIVIDENDS

The Government of Pakistan has made certain amendments in Section 150 of the Income Tax Ordinance, 2001 whereby different rates are prescribed for deduction of withholding tax on the amount of dividend paid by the companies/banks. These rates are as per law.

To enable the Bank to make tax deduction on the amount of Cash Dividend, all the members whose names are not entered into the Federal Board of Revenue's (FBR) Active Tax-Payers List (ATL), despite the fact that they are tax return filers, are advised to make sure that their names are entered into ATL, before the date of book closure for cash dividend; otherwise, tax on their cash dividend will be deducted as non-filer.

TAX ON JOINT SHAREHOLDING

12. All shareholders who hold shares jointly are requested to provide shareholding proportions of principal shareholder and joint-holder(s) in respect of shares held by them to our Shares Registrar, in writing as follows:

		Principal Shareholder	Joint Shareholder(s)
Folio/CDS	Total Shares	Name and	Shareholding	Name and	Shareholding
Proportion	Proportion
		CNIC No.	CNIC No.
		(No. of Shares)	(No. of Shares)

The required information must reach our Shares Registrar by the close of business (01:00 pm) on March 22, 2024 otherwise it will be assumed that the shares are equally held by principal shareholder and joint holder(s) and tax will be deducted according to the proportionate holding of each shareholder as clarified by the FBR vide its clarification letter No. I(54) Exp/2014-132872-R, dated September 25, 2014.

13. TAX EXEMPTION CERTIFICATE

Shareholders claiming tax exemption under clause 47(B) of Part IV of the Second Schedule of Income Tax Ordinance, 2001 are requested to provide a valid exemption certificate under section 159 (1) of the Income Tax Ordinance, 2001 latest by March 22, 2024, to our Shares Registrar before the date of Book closure as required vide FBR clarification letter No. 1(43) D.G. (W.H.T.) / 2008-Vol.II-66417-R dated May 12, 2015.

14. INTIMATION OF CHANGE OF ADDRESS AND DECLARATION OF NON-DEDUCTION

OF ZAKAT

Members are requested to immediately notify regarding the change, if any, in their registered and / or e-mail addresses, in writing, and their declaration for the non-deduction of Zakat (if applicable), to the Share Registrar and Transfer Agent of the Bank i.e. THK Associates (Pvt.) Ltd., Plot No. 32-C, Jami Commercial Street 2, D.H.A. Phase VII, Karachi -75500, Pakistan, UAN 111-000-322 (in case of

Notice of 28th AGM March 29, 2024

Meezan Bank Limited | 05

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2018, 2020 & 2023

Pakistan Banking Awards

Physical scrips) whereas Members/CDC Account holders are requested to contact their CDC Participant/CDC Account Services for the same, but no later than close of business hours (01:00 p.m.) on March 22, 2024.

15. CONVERSION OF PHYSICAL SHARES INTO BOOK-ENTRYFORM

The Securities and Exchange Commission of Pakistan (SECP) through its letter No. CSD/ED/Misc/2016-639-640 dated March 26, 2021 has advised the listed companies to adhere with the provisions of section 72 of the Companies Act, 2017 (the "Act") by replacing shares issued by them in Physical Form with the shares to be issued in the Book-Entry Form. Meezan Bank Limited (the "Bank"), being a listed company is also required to comply with aforesaid provisions of Act.

The shareholders of Meezan Bank Limited having physical folios/share certificates are requested to convert their shares from physical form into Book Entry Form as soon as possible. The shareholders may contact their Broker, a PSX Member, CDC Participant or CDC Investor Account Service Provider for assistance in opening a CDS Account and subsequent induction of the physical shares into Book Entry Form.

It would facilitate the shareholders in many ways including safe custody of shares, no loss of shares, avoidance of formalities required for the issuance of duplicate shares and readily available for sale and purchase in open market at better rates. The shareholders of Bank may contact the Share Registrar and Transfer Agent of the Bank, namely THK Associates (Pvt.) Limited at the following address for the conversion of physical shares into Book-Entry Form.

THK Associates (Pvt.) Limited

Plot No. 32-C, Jami Commercial, Street 2,

D.H.A, Phase VII, Karachi-75500

Tel # [phone] UAN: 021-111-000-322

Email Address: [e-mail] and [e-mail]

16. UN-CLAIMEDDIVIDENDS / SHARES

The shareholders are hereby informed that in accordance with section 244 of the Companies Act, 2017 and the unclaimed shares, Modaraba certificates, Dividend, other instruments and undistributed Assets Regulations, 2017, the companies are required to deposit cash dividends to the credit of the Federal Government and shares to the Commission, which are undelivered/unclaimed for a period of three (3) years or more from the date it is due and payable.

The details of unclaimed dividends, undelivered bonus, and right shares are available on the bank's website, which can be accessed at https://www.meezanbank.com/unclaimed/.

06 | Meezan Bank Limited

Notice of 28th AGM March 29, 2024