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UNITED INSURANCE

PAKISTAN

Company of Pakistan Limited

Rated 'A A' by PACRA

A Member Company of United International Group

t

RO/UIC/4491/22

April 12, 2022

The General Manager

Pakistan Stock Exchange Limited

(Formerly Karachi Stock Exchange Limited) Stock Exchange Building

Stock Exchange Road, Karachi.

Dear Sir,

Disclosure of Material Information

In pursuant to the Section 96 of the Securities Act, 2015 and Clause 5.6.1{a) of the PSX Rules Book of the Exchange. The United Insurance Company of Pakistan Limited ("UNICIJ) hereby conveys the following material information.

That the grace of AI-mighty ALLAH two credit rating agencies namely PACRA and VIS have improved the IFS Rating of The United Insurance Company of Pakistan Limited (UIC) to AA+{Double A Plus IFS).

The IFS rating of 'AA+{IFS)' denotes very strong capacity to meet policy holders and contract obligations. Risk factors are very low, and the impact of any adverse business and economic factors is expected to be very small. Outlook on the assigned rating is 'Stable'.

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You may please inform the members of Exchange accordingly.

Yours Truly,

-

REGISTERED OFFICE

Suite # 204, 2nd Floor. Madina City Mall,

Abdullah Haroon Road, Saddar, Karachi - 74400.

Tel. : (+9221) 35621460 - 61 : (+92 21) 35221803

Web:www.theunitedinsurance.com Email:info@theunitedinsurance.com

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United Insurance Company of Pakistan Ltd. published this content on 11 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 April 2022 09:08:08 UTC.