BeP

Corporate Affairs Department, Head Office, BOP Tower, 10-B,

Block Ell, Main Boulevard, Gulberg-IlI, Lahore.

Tel: +92-42-35783843, 35783976

THE BANK OF PUNJAB

Passon Reborn

Fax: +92-42-35783975 corporate.affairs @bop.com.pkkamran.hafeez@bop.com.pk

March 30, 2022

RESOLUTIONSPASSEDANDADOPTEDIN THE ANNUALGENERAL

MEETING OF THE BANK OF PUNJABHELD ON WEDNESDAY,

MARCH30,2022 AT11:30A.M.ATILAHORE

ORDINARY BUSINESS

1. Resolved that the annual Audited Financial Statements of the Bank (Standalone and Consolidated) for the year ended December 31, 2021 together with the Report of Directors and the Auditors be and are hereby approved and adopted by the members."

  • 2. Resolved that issue Bonusshares in the proportion of 12.5share(s) for every 100 share(s) held i.e. 12.5%, be and is hereby approved."

  • 3. "Resolved that M/s A.F. Ferguson & Co., Chartered Accountants, being the lowest bidders for appointment as Bank's Statutory Auditors for the year ending December 31, 2022, at a remuneration of Rs.6,382,50o/-(Rupees Six million three hundred eighty two thousand five hundred only ) for statutory audit of Bank's Financial Statements and Periodic Review as per Regulatory Requirement, along with out of pocket expenses as per actual, be and are hereby approved."

SPECIAL BUSINESS

4. Resolved that post-factoapproval for alltransactions / contracts with Akhuwat for Kamyab Pakistan Program (KPP) be done on arm's length basis be and is hereby approved.

5. "Resolved that donation to Akhuwat for installation of Solar Solution at

Akhuwat College University, Kasur amounting to Rs.30.00 million (Rupees Thirty million only) (net of taxes) be and is hereby approved."

6. "Resolved that in recognition of his services and as per past precedent and tradition, the sale of one vehicle in his use to Dr. Pervez Tahir, Chairman, Board of Directors, at its book value, be and is hereby approved on post facto basis."

CERTIFIED TO BE TRUE COPY

ON BEHALF OF THE BOARD

7

ANK

KAMRAN HAFEEZ

MeOadme?s

BOPTcwer

Secretary to the Board

Guergta ehorg

www.bop.com.pk

UAN: 111 200 100

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Bank of Punjab published this content on 30 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 March 2022 09:14:03 UTC.