Certified True Copy of Resolutions Passed During

Extraordinary General Meeting held on December 13, 2022

1. Special business - Approval of Investment in Thal Boshoku Pakistan (Private) Limited

RESOLVED as and by way of Special Resolution THAT the Company do make a further investment in its associated company Thal Boshoku Pakistan (Private) Limited by subscribing to the Company's proportionate share of the proposed rights issue of =100,000,000= ordinary shares of Thal Boshoku Pakistan (Private) Limited, that is, an investment of Rs. 550,000,000/- (Rupees Five hundred fifty million only) for =55,000,000= ordinary shares of Rs. 10 each, thereby continuing to maintain the Company's current shareholding of 55% in the share capital of Thal Boshoku Pakistan (Private) Limited, all on such terms and subject to such conditions as may be determined by the Board of Directors of the Company or by such person or persons as may be authorised by the Board of Directors of the Company, with each such person as may be authorised by the Board of Directors of the Company being authorised to do all such acts deeds and things and to execute and deliver all such documents, agreements, declarations, undertakings for and on behalf and in the name of the Company as may be necessary or required or as they or any of them may think fit for or in connection with the investment aforesaid, including without limiting the generality of the foregoing the preparation, finalization, execution and delivery of all agreements, deeds and other undertakings.

For Thal Limited

Salman Khalid

Company Secretary

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Thal Ltd. published this content on 14 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 December 2022 08:45:00 UTC.