Sapphire Fibres : Information about Scrutinizer

316, Cotton Exchange Building,

I.I.Chundrigar Road, Karachi (Pakistan)

UAN: 92 21 111 000 100 Fax: [phone]

Sapphire Fibres Limited

1st Floor, Tricon Corporate Centre,

73-E Main Jail Road, Gulberg II, Lahore. UAN: 92 21 111 000 100

Fax: [phone]

INFORMATION ABOUT SCRUTINIZER

With reference to the regulations 4(4) and 11 of the Companies (Postal Ballot) Regulations 2018, below is the information regarding the scrutinizer for the purpose of upcoming Extraordinary General Meeting to be held on July 20, 2023.

1.	Name of Scrutinizer		M/s. Shinewing Hameed Chaudhri & Co., Chartered Accountants
			(Statutory Auditors)
2.	Qualification	and	ShineWing Hameed Chaudhri & Co., Chartered Accountants, is
	experience		one of the oldest and renowned firms of Chartered Accountants in
			Pakistan, established by late Mr. Abdul Hameed Chaudhri (FCA)
			in 1957. It is a member firm of ShineWing International.
			The firm is a premier provider of professional services in audit and
			assurance, accounting, tax, risk management and advisory, and
			corporate services to a significant number of clients including listed
			and economically significant entities, through its offices located
			across Pakistan.
3.	Purpose of appointment	As the company is required to appoint scrutinizer for the purpose
			of voting in the general meeting to transact a business which
			pertains election of directors in case where number of contestants
			are more than the number of directors fixed by the Board as
			mentioned in section 159 of the Companies Act, 2017.
			Therefore, scrutinizer has been appointed to observe that
			satisfactory procedures of the voting process including adequate
			precautionary measures are ensured and reported as mentioned
			under regulation 11A.