JS Bank : Publication of Notices for the Procedure for Electronic Voting Facility and Voting Through Postal Ballot - JS Bank Limited

Published nationwide in newspaper today i.e. Thursday, March 22, 2024.

BALLOT PAPER FOR

VOTING THROUGH POST

For poll at the 18th Annual General Meeting to be held on Friday,

Marchi 29, 2024, at 10:00 a.m. at 15th Floor The Centre, Saddar Karachi.

Designated email address of the Chairman a which the duly filled in ballot paper may be sent: chairman@jsbl.com

Name of shareholder / joint shareholder(s):

Registered Address:

CDC Participant/Investor ID with sub-account No.

Number of shares held

CNIC / Passport No. (in case of foreigner) (copy to be attached)

Additional Information and enclosures

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

Name of Authorized Signatory:

CNIC / Passport No. (in case of foreigner)

of Authorized Signatory - (copy to be attached)

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

1. To consider, and if deemed appropriate, to pass the following resolutions as Special Resolutions, with or without modifications:

RESOLVED THAT with respect to the Tier-II capital raised by JS Bank Limited (the "Bank") in the amount of up to PKR 3,500,000,000/- (Pak Rupees Three Billion Five Hundred Million) in the form of rated, privately placed/listed and unsecured, subordinated, Term Finance

Certificates ("TFC-V") as approved by the Board of Directors on March 8, 2023, and in accordance with the 'Instructions for Basel III Implementation in Pakistan' ("Basel III Regulations") issued by the

State Bank of Pakistan ("SBP") under BPRD Circular No. 06 dated August 15, 2013, as amended from time to time, regarding loss absorbency, in the event SBP exercises its option to convert the

TFC-V into ordinary shares of the Bank upon the occurrence of a Point of Non-Viability ("PONV"), such ordinary shares shall be issued, subject to the approval of the Securities and Exchange Commission of Pakistan ("SECP"), other than by way of rights in accordance with Section 83(1)(b) of the Companies Act, 2017 (the "Act"), subject to a maximum of 924,772,179 shares, or such other number as may be agreed to in consultation with the SBP ("TFC-V Additional Shares").

FURTHER RESOLVED THAT any two of the President & Chief

Executive Officer, Chief Operating Officer, Chief Financial Officer and

Company Secretary of the Bank be and are hereby authorized to take all steps necessary, ancillary, and incidental to the above-mentioned resolution, as and when required, and are further authorized to sign, execute, and deliver all necessary documents, agreements, and letters on behalf of the Bank, as may be deemed appropriate and as may be required for the purposes above-mentioned."

FURTHER RESOLVED THAT any two of the President & Chief

Executive Officer, Chief Operating Officer, Chief Financial Officer and

Company Secretary of the Bank be and are hereby authorized to take all steps necessary, ancillary, and incidental to the above-mentioned resolution, as and when required, and are further authorized to sign, execute, and deliver all necessary documents, agreements, and letters on behalf of the Bank, as may be deemed appropriate and as may be required for the purposes above-mentioned."

NOTES:

1. Dully filled postal ballot should be sent to the Chairman of JSBL at 1st Floor, Shaheen Commercial Complex, Dr. Ziauddin Ahmed Road, Karachi (Email: chairman@jsbl.com).
2. Copy of CNIC/ Passport No. (in case of foreigner) should be enclosed with the postal ballot form.
3. Postal ballot forms should reach the Chairman of JSBL within business hours by or before March 28, 2024. Any postal ballot received after this date, will not be considered for voting.
4. Signature on postal ballot should match with signature on CNIC/ Passport No. (in case of foreigner).
5. Incomplete, unsigned, incorrect, defaced, torn, mutilated, over written ballot paper will be rejected.
6. This Postal Poll paper is also available for download from the website of JSBL at www.jsbl.com.
   Shareholder may download the ballot paper from website or use the same ballot paper published in newspapers.

Signature of shareholder(s) / Authorized Signatory

(in case of corporate entity, please affix company stamp)

Place:___________________________________

Date:____________________________________

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