Octopus Digital : | Digital Limited UNUSUAL MOVEMENT IN PRICE OF SHARES OF

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The Avanceon Building,

19KM Main Multan Road,

Lahore 54660, Pakistan

14 May 2024

ODL/PSX/14052024

To,

Mr. Hafiz Maqsood Munshi

Unit Head, Listed Companies Compliance-RAD.

Pakistan Stock Exchange Limited.

Stock Exchange Building,

Stock Exchange Road,

Karachi.

Subject: UNSUAL MOVEMENT IN THE PRICE OF THE SHARES OF OCTOPUS DIGITAL LIMITED (''OCTOPUS'')

Dear Sir,

Reference to your letter No. Gen-656 dated 09 May 2024, regarding unusual movement in the price of the shares of Octopus Digital Limited under PSX Regulations 5.6.3.

Please note that there is no any critical info to be shared, after checking everything carefully, we can say that we haven't found anything important related to the unusual movements and are not aware of any such matter / development.

Please accept our above explanation regarding this matter and we hope you consider this response in a favorable light.

Yours Sincerely,

Muhammad Adnan

Group Corporate Executive