First Dawood Properties Limited — Proxy Solicitation & Information Statement 2025

Oct 2, 2025

FIRST DAWOOD PROPERTIES LIMITED

$\sim 2 \times 10^{-2}$

FDIBL/MG/ 5059 /2025

October 02, 2025

The General Manager Pakistan Stock Exchange Limited Stock Exchange Building Stock Exchange Road Karachi.

Notice of Annual General Meeting of First Dawood Properties Limited (Post Sub: Publication)

Dear Sir.

Enclosed please find a copy of the Notice of the Annual General Meeting to be held on Friday, October 24, 2025 at 09:30a.m Karachi, has been published on October 02, 2025 in newspapers i.e. "The Daily Millat" and "The Daily Nation" circulation amongst TRE Certificate Holders of the Exchange.

Yours Sincerely,

Sepastary the Syed Musharaf Ali Company Secretary

$\underset{\text{Karachi}\;|\;\text{Thursday, October 02, 2025}}{\text{The Nation}}\;O3$

NATIONAL

Contract Contract

	First Dawood Properties Limited
	Notice of 31st Annual General Meeting (AGM) Notice is hereby given that the 31" AGM of First Dawood Properties Limited will be held at its Registered Office, 19th Floor,
business:	Tower-B, Saima Trade Towers, I.I. Chundrigar Road, Karachi on Friday, October 24, 2025 at 09:30 a.m. to transact the following
	Ordinary Businesses To confirm the minutes of 30 th Annual General Meeting held on October 24, 2024.
2.	To receive, consider and adopt the Audited Financial Statements of the Company for the year ended June 30, 2025 together with Directors' and Auditors' Reports thereon.
ą, 4.	To consider the appointment of External Auditors and to fix their remuneration for the financial year ending June 30, 2026. To elect seven directors of the Company as fixed by the Board of Directors under the provisions of section 159 of the
	Companies Act, 2017 for a period of three years, commencing from October 24 th 2025. The names of retiring Directors are: 1. Mr. Christopher John Aitken Andrew
	2. Mr. Muhammad Rizwan-ul-Haque 3. Mr. Abu Khursheed M. Arif
	4. Mr. Khurshid Abul Khair 5. Mrs. Farhat Ali 6. Mr. Iqbal Ahmed
	7. Mr. Aamir Ahsan Khan 5. Any other Business with the permission of the Chair.
Karachi	October 01, 2025 By Order of the Board Syed Musharaf Ali
Notes:	CFO & Company Secretary
$1$ .	The share transfer books of the Company shall remain closed from October 17, 2025 to October 24, 2025 (both days inclusive). Shareholders are requested to notify to our Share Registrar FD Registrar Services (Pvt.) Ltd at 1705, 17 th Floor,
	Saima Trade Tower-A I.I. Chundrigar Road, Karachi, if any change of address immediately. 2. A member entitled to attend and vote at this meeting may appoint a proxy to attend and vote on his/her behalf. No person other than a member shall act as proxy. Proxy forms, in order to be effective, must be received at the Registered Office,
$\overline{3}$ .	duly stamped and signed not less than 48 hours before the meeting. Un Claimed Bonus Shares
	Shareholders who could not collect their bonus shares are advised to contact our share Registrar to collect / enquire about their unclaimed bonus shares, if any. In compliance with section 244 of the Companies Act 2017, after having the stipulated
SECP. 4.	procedure, all such bonus shares outstanding for a period of three years or more from the date due shall be delivered to the The Securities and Exchange Commission of Pakistan has issued a letter No. CSD/ED/Misc./2016-639-640 dated March26.
	2021 addressed to all listed companies drawing attention towards the provision of Section 72 of the Companies Act. 2017 which requires all companies to replace shares issued by them in physical form with shares to be issued in the Book-Entry-
	form within a period not exceeding four years from the date of the promulgation of the Act. 5. In order to ensure full compliance with the provisions of the aforesaid Section72 and to benefit from the facility of holding shares in the Book-Entry-Form, the shareholders who still hold shares in physical form are requested to convert their shares
6.	in the Book-Entry-Form. The Companyreserves the right torefuseentry for physical attendance to anymember who is not carrying the irvaccination card with
7.	them. These measures are necessary to ensure the safety and the health of all present. The CDC account holders will have to follow the under mentioned guidelines as laid down by the Securities & Exchange Commission of Pakistan:
	. For Attending the Meeting:
(i)	In case of individuals, the account holders or sub- account holders and / or the persons whose shares are in group accounts and their registration details are uploaded as per CDC Regulations shall authenticate their identity by showing their computerized National Identity Card (CNIC) or original passport at the time of attending.
(ii)	In case of corporate entities, the Board of Directors resolution / power of attorney with specimen signature of the nominees shall be produced (unless it has been provided earlier)
(iii)	If the company receives consent from the members holding in aggregate at least 10% shareholding of total paid up capital residing in a city, to participate in the meeting through video-link at least 07 days prior to date of the meeting, the company will arrange facility of video-link in that city subject to availability of such facility in that city. To avail this
	facility, please provide the following information to our Registrar i.e. FD Registrar Services (Pvt.) Ltd. CONSENT FOR VIDEO CONFERENCING FACILITY
1/We. of	of , being a member of First Dawood Properties Limited, holder Ordinary share(s) as per Registered Folio/CDC Account no. hereby opt for video
	conference facility at
	Signature of the Member(s) B. For Appointing Proxies:
(1)	In case of individuals, the account holders or sub-account holders and or / persons whose shares are in group accounts
(ii)	and their registration details are uploaded as per CDC regulations, shall submit the proxy forms accordingly. The proxy form shall be witnessed by two persons whose names, addresses and CNIC numbers shall be mentioned on the form.
(iii)	Attested copies of CNIC or the passport of the beneficial owners and the proxy shall be furnished with the proxy forms.
(iv) (v)	The proxy shall produce their original CNIC or original passport at the time of the meeting. In respect of corporate entity, the Board of Directors Resolution/Power of Attorney with specimen signatures be
8.	produced at the time of meeting on behalf of entity. In accordance with the Section of the Companies Act, 2017 and pursuant to the S.R.O.389 (I) 2023 dated March 21, 2023,
	the Annual Audited Financial Statements along with Reports of the Company can be accessed through the following weblink and OR enabled code. https://firstdawood.com/fdibl/financial/
	ю 9. E- voting and Postal Ballot It is hereby notified that pursuant to the Companies (Postal Ballot) Regulations, 2018 and its amendments notified vide
	SRO 2192(1)/2022 dated December 5, 2022, members will be allowed to exercise their right to vote, in the AGM, in accordance with the conditions mentioned in aforesaid regulations. The Company shall provide its members with the
ī.	options for E-voting, in case voting is required under Companies Act, 2017: E-Voting Procedure
	Details of the e-voti their valid CNIC numbers, cell numbers, and e-mail addresses available in the register of members of the Company within due course. Members who intend to exercise their right of vote through E-Voting shall Update their valid
ь.	cell numbers and e-mail addresses on or beforeOctober 16,2025 The web address, login details will be communicated to members via email.
c. d.	Identity of the members intending to cast vote through e-Voting shall be authenticated through authentication for login. E-voting lines will start from October 21, 2025, 9:00 a.m. and shall close on October 23, 2025 at 5:00 p.m. Members
н.	can cast their votes anytime during this period. Once the vote on the resolution is casted by a member, he/she shall not be allowed to change it subsequently. Postal Ballot
a,	Members may alternatively opt for voting through postal ballot, which is attached with the Notice and shall be circulated to members at least seven (7) days before the meeting and will also be uploaded on the website of the Company.
ь.	The members shall ensure that duly filled and signed ballot paper along with copy of Computerized National Identity Card (CNIC) should reach the Chairman of the meeting through post at 19 th Floor, Tower-B, Saima Trade Towers,
	I.I. Chundrigar Road, Karachi at least one working day before the AGM i.e. by October 23, 2025, before 5:00 p.m. The signature on the ballot paper shall match with the signature on CNIC. A postal ballot received after this time / date shall not be considered for voting.
	10) Appointment of scrutinizer:- In accordance with regulation 11 of the Companies (Postal Ballot) Regulation, 2018 (the Regulation), the Board of the
	Company has appointed M/s Sohail & Co., Chartered Accountants, a QCR rated audit firm, to act as scrutinizer of the Company for election of Directors in the meeting and to undertake other responsibilities as defined in regulation 11A of the Regulation
	In adherence to the regulatory requirements set forth by the SECP, it is hereby stated that no gifts will be distributed at the
meeting.	STATEMENT UNDER SECTION 166(3) & 134(3) OF THE COMPANIES ACT, 2017 This statement set out justification required concerning Agenda Item No, 4 (Election of Directors) on the notice at the 31st
	Annual General Meeting. AGENDA ITEM NO.4
	ELECTION OF DIRECTORS
	In terms of Section 153 (1) of the Companies Act, 2017, the directors, in Board of Directors meeting have fixed the number of elected directors at Seven(7) to be elected at the Annual General Meeting ("AGM") for a period of three years. The present
	Directors are interested to the extent that they are eligible for re-election as Directors of the Company. Independent directors, required on the Board in terms of Regulation 6(1) of the Listed Companies (Code of Corporate Governance)
	Regulations, 2019, shall be elected through the process of election of directors in terms of section 159 of the Companies Act, 2017 and Articles of Association of the Company. As regards the justification for choosing independent directors in terms of Section 166(3) of the Act, the candidates for independent director should be eligible for election as director of the listed company and meet the criteria of independence

laid down under section 166(2) of the Companies Act, 2017.

Any person who seeks to context election to the effice of Directors hall, whether he is a retiring director or otherwise, file with

Any person who seeks to cont

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اپنیز دیکٹ2017 گی دغد 3)159 کے مطابق اپنی نیت خابر کرتے گا ٹو اس کے اس کی اس کی اس کے سامر کی کرنے کی استدی (فار 28) جو کمیٹرولیکٹ2017 کے تحت

بصیل پروقائل بمعد دفتر کا پید، میریا که « ایس ای می پی کے 2014 / SRO 634(1) مور خد 10 جولائی4 201 کے قت در کارہے۔

امیدوار کواتھا ہے جس کے لیے رشامندی کرتے رفت کتابو کی دہوار ایک سیدار دارا ہے کہ اس کی فرد ایک کام کاریک کر کر
امیدوار کواتھا ہے جسے لیے کے میں مارندی کرتے رفت کتابو کی دہواری ہے ساتے ان کے کہا گی فلس کی فرد ایک کام کر کر

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