Engro Polymer and Chemicals : PUBLICATION OF POSTAL BALLOT AND PROVISION OF ELECTRONIC VOTING FOR AGM

March 21, 2024

The General Manager

Listing Department

Pakistan Stock Exchange Limited

Stock Exchange Building

Stock Exchange Road

Karachi.

PUBLICATION OF POSTAL BALLOT AND PROVISION OF ELECTRONIC VOTING

Dear Sir/Madam,

We refer to our notice in relation to Annual General Meeting of Engro Polymer & Chemicals Limited (the "Company") posted on March 07, 2024.

Please find enclosed a copy of the ballot paper, as required under Regulation 8 of the Companies (Postal) Ballot Regulations, 2018, published today nationwide in two newspapers, namely "Business Recorder" (English) and "Nawa-i-Waqt" (Urdu) for information of the shareholders.

Further, in compliance with Regulation 4 of the Companies (Postal) Ballot Regulations, 2018, the electronic voting facility will be available to eligible members of the Company in line with applicable law.

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

Yours Sincerely,

KHAWAJA HAIDER ABBAS, ACA

Company Secretary

Encls: as above.

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

42.9cm x 14.6cm (4 Column)

Engro Polymer & Chemicals Limited

Registered Office Address: 12th Floor, The Ocean Tower, G/3, Block 9, Clifton,

Khayaban-e-Iqbal, Karachi

Contact: +9221-111-211-211

www.engropolymer.com

Ballot paper for voting through post for poll to be held at the Annual General Meeting of Engro Polymer & Chemicals Limited being held on Thursday, March 28, 2024 at 2:30 p.m. at Karachi School of Business and Leadership (KSBL) situated at National Stadium Road, Opp. Liaquat National Hospital, Karachi 74800 and through video conferencing.

Contact Details of Chairman, where ballot paper may be sent:

Business Address: The Chairman, Engro Polymer & Chemicals Limited, 8th Floor, The Harbor Front Building, HC-3, Marine Drive, Block 4, Clifton, Karachi

Attention: Company Secretary

Designated email address: agm.epcl@engro.com

Name of shareholder/joint shareholders

Registered address of shareholder

Number of shares held

Folio number / Participant or Investor Account number

CNIC number (copy to be attached)

Additional information and enclosures (In case of representative of body corporate, corporation and Federal Government)

I/we hereby exercise my/our vote in respect of the following agenda through postal ballot by conveying my/our assent or dissent to the following resolution by placing tick (√) mark in the appropriate box below:

1. Agenda No. 4:To approve the circulation of the

Annual Report (audited financial statements, auditor's report, directors' report, chairman's review report, notice of shareholders' meeting) to the Members of the Company through weblink and QR enabled code, in accordance with Section 223(6) of the Act, read with S.R.O. 389(I)/2023 dated March 21, 2023.

"RESOLVED THAT Engro Polymer & Chemicals Limited (the "Company") be and is hereby authorized to circulate its annual report including annual audited financial statements, auditor's report, directors' report, chairman's review report, notice of shareholders' meeting and other reports contained therein to the Members of the Company through weblink and QR enabled code."

2. Agenda No. 5:

To consider and if deemed fit, pass with or without modification(s), addition(s) or deletion(s), the following Special Resolution(s) under Section 199 of the Act, read with the Companies (Investment in

Associated Companies or Associated Undertakings) Regulations, 2017 (as may be amended), as recommended by the Board of Directors of the Company:

"RESOLVED THAT, approval of the members of Engro Polymer & Chemicals Limited (the "Company") is hereby accorded by way of special resolution (in accordance with Section 199 of the Companies Act, 2017 read with Companies (Investment in Associated Companies or Associated Undertakings) Regulations, 2017) for the following acts by the Company:

1. Approval for the Company to extend to its holding Company, Engro Corporation Limited, an intercompany loan in the aggregate amount of up to PKR Five billion (PKR 5,000,000,000) comprising of, inter alia, loans, advances and/or security in any form (including without limitation guarantees, government securities, cash, listed/unlisted securities etc.) on an arm's length basis, in the form of a revolving line of credit valid for a period of one year from the date of the special resolution, which may be renewed by the Company for up to four consecutive periods of one year each;
2. Approval for the Company to extend to its associated company, Engro Fertilizers Limited, an intercompany loan in the aggregate amount of up to PKR Five billion (PKR 5,000,000,000) comprising of, inter alia, loans, advances and/or security in any form (including without limitation guarantees, government securities, cash, listed/unlisted securities etc.) on an arm's length basis, in the form of a revolving line of credit valid for a period of one year from the date of the special resolution, which may be renewed by the Company for up to four consecutive periods of one year each;

FURTHER RESOLVED THAT, the Chief Executive Officer, Chief Financial Officer and/or Company Secretary of the Company be and are hereby authorized, any two jointly, to do all acts, deeds and things, take any and all necessary steps, to fulfill the legal, corporate and procedural

formalities and file all necessary documents/returns as deemed necessary on this behalf and the matters ancillary thereto to fully achieve the object of the aforesaid resolutions."

Signature of Shareholder (s) / Proxy Holder / Authorized Signatory

Place:

Date:

NOTES:

1. Duly filled postal ballot should be sent to Chairman at above-mentioned postal or email address.
2. A Copy of the CNIC should be enclosed with the postal ballot form.
3. Postal ballot forms should reach Chairman of the meeting on or before Wednesday, March 27, 2024 uptill 3:00 p.m. Any postal ballot received after this date and time will not be considered for voting.
4. The Signature on postal ballot should match the signature on CNIC.
5. Incomplete, unsigned, incorrect, defaced, torn, mutilated, over written ballot paper will be rejected.
6. Ballot paper has also been placed on the website of the Company athttps://www.engropolymer.com/.Members and Shareholders may download the ballot paper from the website or use the original/photocopy published in the newspaper.
7. M/s. A. F. Ferguson & Co. is appointed as Scrutinizer under Regulation 11(1) (b) of Companies (Postal Ballot) Regulations, 2018 for Agenda No. 5 of the AGM Notice.
   M/s. A. F. Ferguson & Co. is the statutory auditor of Engro Polymer & Chemicals Limited and has necessary knowledge and experience to independently scrutinize the voting process.

40cm x 14.6cm (4 Column)

Engro Polymer & Chemicals Limited