Supernet Technologies Limited — Share Issue/Capital Change 2026

Apr 1, 2026

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

April 01, 2026

Subject: Credit of Ordinary Shares of Supernet Technologies Limited in the CDC and Dispatch of Physical Share Certificates pursuant to the Scheme of Arrangement

Dear Sir,

This is in continuation of our announcement dated March 30, 2026, pertaining to the resolutions passed by the Board of Directors of Supernet Technologies Limited (the “ Company ” or “ STL ”), pursuant to the Scheme of Arrangement dated May 27, 2025 (the “ Scheme ”), which was sanctioned by the Honourable High Court of Sindh at Karachi vide order dated February 24, 2026, to allot and issue:

• (i) an aggregate of 5,500,000 (Five Million Five Hundred Thousand) ordinary shares of the Company to its eligible shareholders, existing as of the STL Record Date (being 25 March 2026), in the ratio of 11 ordinary shares of the Company for every 1 ordinary share of the Company held by each STL Shareholder; and

• (ii) an aggregate of 101,619,475 (One Hundred One Million Six Hundred Nineteen Thousand Four Hundred Seventy Five) ordinary shares of the Company to the eligible shareholders of Supernet Limited (“ GEMSPNL ”), existing as of SNL Record Date (being 25 March 2026), on the basis of a swap ratio of approximately 1.68 ordinary shares of STL for every 1 ordinary share of GEMSPNL held by each SNL Shareholder (subject to the adjustment of fractional shares / entitlements, if any), in accordance with the details and entitlements of such members of GEMSPNL as provided by GEMSPNL,

in each case, in the manner as detailed in the Scheme.

It is hereby informed that in accordance with the provisions of the Scheme, and the decision of the Board of Directors of the Company, upon completion of the requisite formalities, as per their respective entitlements, ordinary shares of the Company (i) in book entry form have been credited to the respective accounts of the eligible STL Shareholder and SNL Shareholder, in the Central Depository System (CDS) of the Central Depository Company of Pakistan Limited (CDC); or (ii) physical shares are being dispatched separately to the respective eligible STL Shareholders and SNL Shareholders (as may be applicable).

As a consequence of the issuance of the shares of the Company pursuant to the Scheme, the issued and paid-up share capital of the Company stands increased from PKR 5,000,000/- (Pak Rupees Five Million) to PKR 1,076,194,750/- (Pak Rupees One Billion Seventy-Six Million One Hundred Ninety-Four Thousand Seven Hundred and Fifty), comprising 107,619,475 (One Hundred Seven Million Six Hundred Nineteen Thousand Four Hundred Seventy-Five) ordinary shares of PKR 10/- each.

SUPERNET TECHNOLOGIES LIMITED

4[th ] Floor, Tower B, World Trade Center, 10 Khayaban – e – Roomi, Block – 5, Clifton, Karachi-75600, Pakistan - www.supernet technologies.com

“Supernet Limited has been merged with and into Supernet Technologies Limited pursuant to the Order of the Honorable High Court of Sindh dated 24 February 2026.”

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We would also like to inform you that as a consequence of the Scheme, and in accordance with the terms thereof, post allotment and issuance of the shares of the Company (as mentioned above), GEMSPNL shall stand dissolved without winding up, and automatically delisted from the Pakistan Stock Exchange Limited.

We are also attaching herewith, a copy of the notice (to the shareholders of STL and GEMSPNL), along with its newspaper publication to be published in ‘Business Recorder’ and ‘The Daily Express’ on Thursday April 02, 2026 .

You may please inform the TREC Holders of the Exchange accordingly.

Yours faithfully,

For Supernet Technologies Limited

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Muhammad Farhan Saeed Company Secretary

Enclosure: As above. Copy to: Director / HOD

Surveillance, Supervision and Enforcement Department Securities and Exchange Commission of Pakistan NIC Building, 63 Jinnah Avenue Blue Area, Islamabad

SUPERNET TECHNOLOGIES LIMITED

4[th ] Floor, Tower B, World Trade Center, 10 Khayaban – e – Roomi, Block – 5, Clifton, Karachi-75600, Pakistan - www.supernet technologies.com

“Supernet Limited has been merged with and into Supernet Technologies Limited pursuant to the Order of the Honorable High Court of Sindh dated 24 February 2026.”

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