Regional Operations Centre

The Avanceon Building

19 km Main Multan Road Lahore 54660 Pakistan

15 June 2023

AVN/PSX/B/15062023

The General Manager,

Pakistan Stock Exchange Limited,

Stock Exchange Building,

Stock Exchange Road,

Karachi.

Subject:Credit/Dispatch of Bonus Share Certificates.

Dear Sir,

We are pleased to inform you that the share certificates in respect of Bonus Shares i.e. 15% for the period ended 31 December 2022, announced on 29 May 2023 have been dispatched to the shareholders through courier service/credited to their respective accounts in the Central Depository System (CDS) of Central Depository Company of Pakistan Limited (CDC) on 14 June 2023.

Yours Sincerely,

Ahsan Khalil I Company Secretary

300 Eagleview Boulevard. Suite 100. Exton, PA 19341. United States | Founded in 1984.

www.avanceon.ae| Enquiries: support@avanceon.ae

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Avanceon Ltd. published this content on 15 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 June 2023 07:01:02 UTC.