Resolutions passed at 23rd AGM of OGDCL

CS-04-08 (PSX/LSE/SECP)

October 28, 2020

Subject:-   RESOLUTIONS PASSED BY THE SHAREHOLDERS IN 23RD ANNUAL GENERAL MEETING HELD ON OCTOBER 28, 2020

Dear Sir,

As required under Rules 5.6.9(b) of the Rule Book of Pakistan Stock Exchange, please take note that the following resolutions were passed by the shareholders in the Annual General Meeting held on October 28, 2020 and the same have been adopted and become effective.

RESOLVED that the audited financial statements for the year ended June 30, 2020 together with the Directors' and Auditors' report thereon, be and are hereby approved and adopted.

RESOLVED that a final cash dividend of 25% of the par value of the shares i.e. Rs 2.5 per ordinary share of Rs 10 each recommended by the Board of Directors (in addition to the two interim dividends already paid during the year) be and is hereby approved for the year ended June 30, 2020.

RESOLVED that M/s KPMG Taseer Hadi & Co., Chartered Accountants and M/s A.F. Ferguson, Chartered Accountants be and are hereby re-appointed as the Statutory Auditors of the Company for the year 2020-21.

Yours sincerely,

(Ahmed Hayat Lak)

Company Secretary

Copy:

Director/HOD,

Surveillance, Supervision and Enforcement Department, Securities & Exchange Commission of Pakistan, NIC Building, 63 Jinnah Avenue, Blue Area, Islamabad.