Lalpir Power Limited — Proxy Solicitation & Information Statement 2025

Apr 3, 2025

$LPI.-PSX/50$

April 03, 2025

The General Manager Pakistan Stock Exchange Ltd Stock Exchange Building Stock Exchange Road, Karachi.

PUCARS/TCS

SUB: NOTICE ANNUAL GENERAL MEETING

Dear Sir,

Further to our Letter No. PKG-PSX- 45 dated March 28, 2025, enclosed please find a copy of the Notice of Annual General Meeting of the Members of Lalpir Power Limited to be held on April 28, 2025 (Monday) at 12:30 p.m. for circulation amongst the TRE certificate holders.

Thanking you,

Yours sincerely KHALID M HMOOD CHOHAN WECRETARY OMPANY

Copy to: -

The Director / HOD. Surveillance, Supervision and Enforcement Department, Securities & Exchange Commission of Pakistan, NIC Building, 63 Jinnah Avenue, Blue Area. ISLAMABAD.

Fax No. (051) 9100440/TCS

HEAD OFFICE : 1-B, AZIZ AVENUE, CANAL BANK, GULBERG V, LAHORE. TEL: +92-42-35717090-96, 35717159-63, FAX: 92-42-35717239 Website: www.lalpir.com E-MAIL: lalpir@lalpir.com REGISTERED OFFICE : NISHAT HOUSE, 53/A, LAWRENCE ROAD, LAHORE TEL: 111-113-333 FAX: +92-42-36367414 POWER STATIONS : LALPIR THERMAL POWER STATIONS, P.O. BOX NO. 89, MUZAFFARGARH. PC-34200, PAKISTAN. TEL: +92-66-2300030 FAX: +92-66-2300260 www.lalpir.com

LALPIR POWER LIMITED

Notice of Annual General Meeting

NOTICE OF ANNUAL GENERAL MEETING

Notice is hereby given that Annual General Meeting of the Members of Lalpir Power Limited (the "Company") will be held on April 28, 2025 (Monday) at 12:30 p.m. at Emporium Mall, The Nishat Hotel, Trade and Finance Centre Block, Near Expo Centre, Abdul Haq Road, Johar Town, Lahore to transact the following business:

1. To receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended December 31, 2024 together with Notes to the Accounts, Chairman Review, Directors' and Auditors' reports thereon.

The Annual Report (containing Financial Statements and related reports ) has been uploaded on website of the Company, which can be downloaded from the following weblink and QR enabled code.

Scan QR Code for Annual Report 2024

http://lalpir.com/finance/pdf/LPLannual2024.pdf

• 1. To ratify and approve 40% Interim Cash Dividends already paid during the year ended December 31, 2024.
• 1. To appoint statutory Auditors for the year ending December 31, 2025 and fix their remuneration.

By order of the Board

LAHORE (KHALID MAHMOOD CHOHAN) March 28, 2025 COMPANY SECRETARY

NOTES:

BOOK CLOSURE NOTICE:-

The Share Transfer Books of the Company will remain closed from 22-04-2025 to 28-04-2025 (both days inclusive) for attending and voting at AGM. The Physical transfers/CDS Transactions IDs received in order in all respect up to 1:00 p.m. on 21-04-2025 at CDC Share Registrar Services Limited, CDC House, 99-B, Block 'B', S.M.C.H.S., Main Shahrah-e-Faisal, Karachi will be considered in time for attending the meeting.

NO GIFTS WILL BE DISTRIBUTED AT THE MEETING.

Proxies

A member eligible to attend and vote at this meeting may appoint another member as his/her proxy to attend and vote instead of him/her. Proxies in order to be effective must reach the Company's registered office not less than 48 hours before the time for holding the meeting. Proxies of the Members through CDC shall be accompanied with attested copies of their CNIC. In case of corporate entity, the Board's Resolution/power of attorney with specimen signature shall be furnished along with proxy form to the Company. The shareholders through CDC are requested to bring original CNIC, Account Number and Participant Account Number to produce at the time of attending the meeting. The proxy shall produce his/her original valid CNIC or original passport at the time of meeting.

Shareholders are requested to immediately notify the Share Registrar/Company of change in address and their contact number, if any.

Kindly quote your folio number/CDC A/C number in all correspondence with the Company.

Members through Central Depository Company of Pakistan Limited ("CDC") will further have to follow the under mentioned guidelines as laid down by the Securities and Exchange Commission of Pakistan.

A. For Attending the Meeting

• a. In case of Individuals, the account holder and/or sub-account holder whose registration details are uploaded as per the CDC Regulations, shall authenticate his/her identity by showing his/her original CNIC or, original Passport (in case of non-resident) at the time of attending the Meeting.
• b. In case of corporate entity, the Board's resolution/power of attorney with specimen signature of the nominee shall be produced (unless it has been provided earlier) at the time of the Meeting.

B. For Appointing Proxies

• a. In case of individuals, the account holder and/or sub-account holder whose registration details are uploaded as per the CDC Regulations, shall submit the proxy form as per above requirements.
• b. The proxy form shall be witnessed by two persons, whose names, addresses and CNIC numbers shall be mentioned on the form.
• c. Attested copies of the CNIC or the passport of beneficial owners and of the witnesses shall be furnished with the proxy form.
• d. The proxy shall produce his original CNIC or original passport at the time of the Meeting.
• e. In case of corporate entity, the Board's resolution/power of attorney with specimen signature shall be furnished (unless it has been provided earlier) along with proxy form to the Company.

Members are requested to timely notify any change in their addresses.

SUBMISSION OF COPY OF CNIC (MANDATORY):

Individuals including all joint holders holding physical share certificates are requested to submit a copy of their valid CNIC to the Company or the Company's Share Registrar. All shareholders are once again requested to send a copy of their valid CNIC to our Share Registrar Office, CDC Share Registrar Services Limited, CDC House, 99-B, Block 'B', S.M.C.H.S., Main Shahrah-e-Faisal, Karachi The Shareholders while sending CNIC must quote their respective folio numbers and name of the Company.

Transmission of Annual Financial Statements through Email:

In pursuance of the directions given by the Securities and Exchange Commission of Pakistan (SECP) vide SRO 787 (I)/2014 dated September 8, 2014, those shareholders who desire to receive Annual Financial Statements in future through email instead of receiving the same by post are advised to give their formal consent along with their valid email address on a standard request form which is available at the Company's website i.e. www.lalpir com and send the form, duly signed by the shareholder, along with copy of his/her CNIC to the Company's Share Registrar Office, CDC Share Registrar Services Limited, CDC House, 99-B, Block 'B', S.M.C.H.S., Main Shahrah-e-Faisal, Karachi.

Unclaimed Dividend / Shares

Shareholders who could not collect their dividend/physical shares are advised to contact our Share Registrar to collect/enquire about their unclaimed dividend or shares, if any.

Conversion of Physical Shares into Book-entry Form:

SECP has issued a letter No. CSD/ED/Misc./2016-639-640 dated March 26, 2021 addressed to all listed companies referring their attention towards the provision of Section 72 of the Companies Act, 2017 (the Act) which requires to all the then existing 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. In order to ensure full compliance with the provisions of aforesaid Section 72 and to be benefitted from the facility of holding shares in the Book-Entry-Form, shareholders may contact a PSX member, CDC participant, or CDC Investor Account Service Provider, or our Share Registrar Office for assistance in opening CDS Account and subsequent conversion of the physical shares into book-entry form.

Video Conference Facility

In terms of the Companies Act, 2017, members residing in a city holding at least 10% of the total paid up share capital may demand the facility of video-link for participating in the annual general meeting. The request for video-link facility shall be received by the Share Registrar at the address given hereinabove at least 7 days prior to the date of the meeting on the Standard Form available on the website of the Company.

Video Link Facility for Meeting:-

The members can attend the AGM via video link using smart phones/tablets. To attend the meeting through video link, members and their proxies are requested to register themselves by providing the following information along with valid copy of Computerized National Identity Card (both sides)/passport, attested copy of board resolution / power of attorney (in case of corporate shareholders) through email at kchohan@lalpir.com or smahmood@dgcement.com by April 23, 2025.

Name of Member / Proxyholder	CNIC No.	Folio No. / CDC Account No.	Cell No. / Whatsapp No.	Email ID

FORM OF PROXY

I/We,
of	CDC A/C NO. / FOLIO NO.
being a shareholder of the LALPIR POWER LIMITED (The Company) do hereby appoint.
Mr./Miss/Ms.
of CDC A/C NO. / FOLIO NO.
and or failing him/her of
who is/are also a shareholder of the said Company, as my/our proxy in my/our absence and to vote for me/us at the Annual General Meeting of the Company to be held on April 28, 2025 (Monday) at 12:30 P.M. at Emporium Mall, The Nishat Hotel, Trade and Finance Centre Block, Near Expo Centre, Abdul Haq Road, Johar Town, Lahore, and at any adjournment thereof in the same manner as I/we myself/ourselves would vote if personally present at such meeting.
As witness my/our hands in this day of	2025.
Signature
Address		Revenue
CNIC No.		Stamp of Rs. 50/-
No. of shares held
Witness:-
Name	Name
Address	Address
CNIC No.	CNIC No.

IMPORTANT:

• a. This instrument appointing a proxy, duly completed, must be received at the registered Office of the Company at Nishat House, 53-A, Lawrence Road, Lahore not later than 48 hours before the time of holding the Annual General Meeting. For Appointing Proxies.
• b. Attested copies of the CNIC or the passport of beneficial owners shall be furnished with the proxy form.
• c. The proxy shall produce his original CNIC or original passport at the time of the Meeting.
• d. In case of corporate entity, the Board's resolution / power of attorney with specimen signature shall be furnished along with proxy form to the Company.

نمائندگی کافارم(پراکسی فارم) میں اہم ۔ ______________________________________ ساكن بحثيت ركن لال پيريادرلميثڈ (سمپنی)ادرحامل عام صص بذر بعه مذامحتر مرامحتر مه ___ ساكن —— _____________________________________ نمبر _______ اور ہا اسکی غیر موجودگی کی صورت میں ساكن ______ جو مذکورہ کمپنی کاتصص داربھی ہےکوا پنے/ہمارےایماء پر 28اپریل 2025ء(سوموار)کودو پہر12:30بےنشاط ہوٹل (ایمپوریم مال)،ٹریڈا بیڈ فنانس سنثر،نز دائیسپوسنٹر،عبدالحق روڈ، جوہرٹاؤن لاہور پرمنعقد ہونے والے کمپنی کے سالا نہ اجلاس عام میں میری/ ہماری غیرموجودگی میں حق رائے دہی استعال کرنے ،تقریر اورشر کت کرنے پاکسی بھی التواء کی صورت میں اپنا/ ہمارا بطورنمائندہ (پراکسی )مقرر کرتا/کرتے ہیں۔ آج بروز ________ بتاريخ ______ 2025 ء كومير يے/ ہمارےد پخط سے گواہوں كى تصد لق سے جارى ہوا۔ دستخط : تعدادىلگىيىھىس: ۔/50 روپے کارسیدی ٹکٹ یہاں چسپاں کریں گواہان : نام: -نام: $:$ $\approx$ اهم نوٹ: a۔ پراکسی تقرری کے پیآلات، ہا قاعدہ کمل سالا نہ اجلاس عام کےانعقاد سے کم از کم 48 گھنٹےقبل کمپنی کے رجسٹر ڈ دفتر نشاط ہاؤس، A-53-الدنس روڈ ،لا ہور میں لاز مأوصول ہوجانے جاہیمَیں۔

براکسی کےتقرر کے لئے نیفشل ادنرکیCNIC پایاسپورٹ کی مصدقہ نفول پرائسی فارم کے ہمراہ لا ز ماجمع کرانا ہوگی۔ c_پرائسی اجلاس کے وقت اپنااصل CNIC یااصل یا سپورٹ مہیا کرےگا۔ d_کار پوریٹا ینٹٹی کیصورت میں بورڈ کی قرارداد ۱عتارنامہ مع^نمونہ دینتخط یراکسی فارم کے ہمراہ کمپنی کوجمع کرانا ہوگا۔

BOOK POST

If undelivered please return to:

Registered Office: 53 - A, Lawrence Road, Lahore. UAN: 111 113 333 Fax: 042 - 36367414 I NISHAT UAN: 042 - 111-11-33-33