Packages : Board Meeting and Announcement of Closed Period

FORM-1

The General Manager

Pakistan Stock Exchange Limited

Stock Exchange Building

Stock Exchange Road

Karachi

SUBJECT: BOARD MEETING AND ANNOUNCEMENT OF CLOSED PERIOD

Dear Sir,

This is to inform you that a meeting of the Board of Directors of Packages Limited (the Company), will be held on Friday, 25 August 2023 at 02:30 p.m. at Head Office of the Company situated at Shahrah-e-Roomi, P.O. Amer Sidhu, Lahore and via Zoom to, inter alia, consider the condensed interim financial statements (unaudited) of the Company for the half year and quarter ended 30 June 2023 for declaration of any entitlement.

The Company has declared the "Closed Period" from 18 August 2023 to 25 August 2023 (both days inclusive) as required under Clause 5.6.4 of the PSX Rule Book. Accordingly, no Director, CEO or Executive shall, directly/indirectly, deal in the shares of the Company in any manner during the Closed Period or until the financial information is made public.

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

Yours Sincerely,

For PACKAGES LIMITED

Iqra Sajjad

Company Secretary