Pakistan Petroleum : Financial Results for the Year Ended 30 June 2022

Our reference: PPL/CS/PSX-0161

Your reference:

Date: 20th September 2022

Ms. Asmaa Saleem Malik

Deputy General Manager

Listing Department

Pakistan Stock Exchange Limited

Stock Exchange Building

Stock Exchange Road

Karachi

Dear Madam,

Re: Financial Results for the Year Ended 30th June 2022

The Board of Directors of the Company at its meeting held on 20th September 2022 has approved the unconsolidated and consolidated financial statements for the year ended 30th June 2022 for laying before the members at the Annual General Meeting to be held on Wednesday, 26th October 2022. The unconsolidated and consolidated financial statements for the year ended 30th June 2022 are enclosed.

The Board of Directors has recommended a cash dividend of Rs. 0.50 per share (5%) on Ordinary Shares and Rs. 0.50 per share (5%) on Convertible Preference Shares. Subject to approval by the members at the forthcoming Annual General Meeting of the Company, dividend will be paid to those members whose names appear in the Register of Members as at the close of business on 18th October 2022.

The Share Transfer Books of the Company will remain closed from 19th October 2022 until 26th October 2022 (both days inclusive). Shares in respect of which transfer applications are received by the share registrar of the Company, Messrs. FAMCO Associates (Private) Limited, up to the close of business on Tuesday, 18th October 2022, will be included for the distribution of dividend.

Yours truly,

_____________

Ali Jaffar

Company Secretary

Enclosures: As above.