Packages : Expiration of Public Offer to Acquire up to 585,254 ordinary shares of Sanofi-Aventis Pakistan Limited

Sec/99 /PKGS

24 August 2022

The General Manager

Pakistan Stock Exchange Limited

Stock Exchange Building Stock

Exchange Road

Karachi

Sub: Expiration of Public Offer to Acquire up to 585,254 ordinary shares of Sanofi- Aventis Pakistan Limited

Dear Sir(s),

This is with reference to the Public Announcement of Offer by Packages Limited (hereinafter referred to as the "Acquirer") to acquire up to 585,254 ordinary shares of Sanofi-Aventis Pakistan Limited (the "Target Company") subject to a minimum level of acceptance of 409,677 shares. The Public Announcement of Offer and the Notice for Commencement of the Acceptance Period were published on 30 June 2022 and 15 August 2022 respectively in newspapers namely Business Recorder [English] and Nawa-e-Waqt [Urdu].

In this regard, Arif Habib Limited, the Manager to the Offer has announced that the acceptance period for the captioned Public Offer has ended on 23 August 2022. A copy of the announcement made by the Manager to the Offer is attached herewith.

Yours sincerely,

For PACKAGES LIMITED

Iqra Sajjad

Company Secretary