United Bank : Advertisement regarding Book Closure for First Interim Cash Dividend (D-57) of UBL (Prior to Publication)

NOTICE OF BOOK CLOSURE FOR ENTITLEMENT OF FIRST INTERIM CASH DIVIDEND FOR THE YEAR 2024

The Board of Directors of United Bank Limited ("UBL") in their meeting held on April 17, 2024 have recommended First Interim cash dividend at the rate of Rs.11 per share i.e.110% for the year 2024. To determine the entitlement, the share transfer books of UBL will remain closed from April 29, 2024 to May 01, 2024 (both days inclusive). Transfers received at M/s. THK Associates (Pvt.) Limited, the Registrar and Share Transfer Agent of the Bank, by the close of the business on April 26, 2024 will be treated in time for the purposes of the entitlement of cash dividend.

Shareholders are requested to notify any change in their addresses and provide copies of their CNIC/NTN (if not provided earlier) immediately to our Registrar/Share Transfer Agent M/s. THK Associates (Pvt.) Limited, Plot No. 32-C, Jami Commercial Street-2, D.H.A, Phase VII, Karachi, Pakistan. UAN # (+9221) 111-000-322, Fax # (+9221) 35310190, Email: sfc@thk.com.pk.

Dividends to be paid only in bank accounts of the shareholders:

Please note that pursuant to the requirement of Section 242 of the Companies Act, 2017 and the Companies (Distribution of Dividends) Regulation 2017, a listed company is required to pay cash dividends to the shareholders only through electronic mode directly into the bank accounts designated by the shareholders. Thus, it has become mandatory for the shareholders to provide their bank account details including the name of their bank, address of bank branch and International Bank Account Number (IBAN) to receive their cash dividend amount directly into their bank accounts instead of receiving it through physical dividend warrants.

Besides that, the above regulations also authorise the company to withhold payment of dividends in case the shareholders do not provide the above information. Therefore, the shareholders are requested to please provide the information pertaining to their bank account on the "Bank Mandate Form" available on the website of the Company, to their respective CDC Participant / CDC Investor Account Services (in the case where shareholding is in Book Entry Form) or to our Shares Registrar (in the case where shareholding is in Physical Form) at the above mentioned address of our Shares Registrar.

Unclaimed Dividend and Share Certificates:

The Shareholders, who by any reason, could not claim / collect their dividend or share certificates, are advised to contact to UBL's Registrar / Share Transfer Agent, M/s. THK Associates (Pvt.) Limited, Plot No. 32-C, Jami Commercial Street 2, D.H.A., Phase VII, Karachi-75500, to collect/enquire about their unclaimed dividends or shares of the below given

address. Details of the Unclaimed Shares and dividend is also placed on the following link. https://ubldigital.com/Investor-Relations/Stock-Information

In this regard, the UBL has sent notices to the Shareholders at their registered addresses and also published in the newspapers having nationwide circulation requesting shareholders to submit their claims. In the absence of claims, UBL will comply with applicable regulatory instructions.

Conversion of Physical Shares into Book Entry Form:

In accordance with Sub Section 2 of Section 72 of the Companies Act, 2017, Companies are required "to replace its physical shares with book entry form" in the manner specified by the Commission.

To enable compliance with the aforementioned requirement, we request the shareholders to kindly convert shares held in Physical Form into Book Entry Form as soon as possible. The shareholders may contact a Broker, a PSX Member, CDC Participant or CDC Investor Account Service to obtain assistance for opening a CDS Account and subsequent induction of the physical shares into Book Entry Form.

For further information or clarification, please feel free to contact THK Associates (PVT) Ltd. on Tel # 021-35310191-93 or email at info@thk.com.pk

Placement of Quarterly Accounts on Bank's Website:

The Condensed Interim Financial Statements (Unaudited) of the Bank for the Three Months Ended March 31, 2024 have been placed at its website. https://www.ubldigital.com/Investor-Relations/Financial-Statements

The shareholders are requested to visit the above given link for reviewing the Accounts. If any shareholder wishes to have a printed copy of the said accounts, he/she may send the request to our Share Registrar at M/s. THK Associates (Pvt.) Limited, Plot No. 32-C, Jami Commercial Street-2, D.H.A, Phase VII, Karachi, Pakistan or at Registered Office of UBL Building 13th Floor, Jinnah Avenue, Blue Area, Islamabad for receiving a printed copy at his / her registered address.

Karachi

April 24, 2024

34cm x 4col