/Equities/XLON/OGDC/RNS

Managing Director / Chief Executive Officer

RNS Number : 8700Q

Oil and Gas Development Company Ltd

23 February 2023

No.CS04-08/ (PSX/LSE/SECP) February 23, 2023

The General Manager,

Pakistan Stock Exchange Limited, Stock Exchange Building,

Stock Exchange Road,

Karachi

London Stock Exchange Plc.

10 Paternoster Square,

London EC4M 7LS

Tel: (44) 20 7334 8907

Subject: Managing Director/Chief Executive Officer

Dear Sir,

It is hereby informed that OGDCL Board of directors in its 255^th meeting held on February 22, 2023 approved ex-Pakistan leave of Syed Khalid Siraj Subhani, Acting MD/CEO OGDCL upto March 31, 2023. On the request of Mr. Subhani the board also approved cessation of acting charge of Mr. Subhani immediately upon conclusion of his ex-Pakistan Leave.

2. The board of directors has accordingly assigned the duties and functions of the office of MD/CEO to Mr. Ahmed Hayat Lak, General Manager with immediate effect until further orders.

3. You may please inform the TRE Certificate Holders of the Exchange accordingly.

Yours sincerely,

For Company Secretary

Copy

Executive Director/HOD,
Offsite-II Department, Supervision Division,
Securities & Exchange Commission of Pakistan,
63, NIC Building, Jinnah Avenue, Blue Area,

Islamabad.

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