Trust Securities & Brokerage Limited — Proxy Solicitation & Information Statement 2025

Oct 3, 2025

RUST SECURITIES & BROKERAGE LTD. CORPORATE TRE Certificate Holder-332 Pakistan Stock Exchange Limited

CORPORATE OFFICE: Suite No. 401, 4th Floor, Business & Finance Center, I. I. Chundrigar Road Karachi. UAN: (92-21) 111-000-875, Web: www.tsbl.com.pk

October 3, 2025

The Managing Director

Pakistan Stock Exchange Limited Stock Exchange Building Stock Exchange Road KARACHI

Subject: NOTICE OF ANNUAL GENERAL MEETING (AGM) FOR THE YEAR ENDED JUNE 30, 2025

Dear Sir,

Please find attached the notice of the 32nd Annual General Meeting (AGM) of Trust Securities & Brokerage Limited, scheduled to be published in the Business Recorder (English) and Nawa-i-Waqt (Urdu) newspapers in both Karachi and Lahore editions on

October 6, 2025.

Yours sincerely SYED MAQSOOD AHMAD

Company Secretary

Encl: AGM Notice

• Copy to: 1. Director/HOD, Surveillance, Supervision and Enforcement Department, Securities and Exchange Commission of Pakistan, NIC Building, 63-Jinnah Avenue, Blue Area Islamabad.
• 1. Executive Director/HOD, Offsite-II Department, Supervision Division, Securities & Exchange Commission of Pakistan, NIC Building, 63-Jinnah Avenue, Blue Area Islamabad.

CORPORATE OFFICE:

Suite No. 401, 4th Floor, Business & Finance Center. I. I. Chundrigar Road Karachi. UAN: (92-21) 111-000-875. Web: www.tsbl.com.pk

KARACHI BRANCH 1: Room No. 510, 5th Floor, Business & Finance Center. I.I. Chundrigar Road, Karachi. Tel: (021)-38282880-89 Web:www.tsbl.com.pk

KARACHI BRANCH:

Room No. 807 & 808, 8th Floor, PSX New Building & PSX Office No. 725, 7th Floor, Main Building Stock Exchange Road, Karachi. Tel: (021)-38282900-915 Web: www.tsbl.com.pk

LAHORE BRANCH OFFICE 1: 2nd Floor, Associated House. Building No. 1 & 2, 7, Kashmir Road,
Lahore-54000, (Pakistan). Tel: (92-42) 3637 3041-43 Fax: (92-42) 36373040 Web: www.tsbl.com.pk

LAHORE BRANCH OFFICE 2: Room No. 607,6th Floor, LSE Plaza, 19-Khayaban-e-Aiwan-e-Iqbal, Lahore. (Pakistan) Tel: (92-42) 3637 3045, (92-42) 3630 0181 (92-42) 3630 0554, (92-42) 3637 4710 Web: www.tsbl.com.pk

CORPORATE TRE Certificate Holder-332 Pakistan Stock Exchange Limited

CORPORATE OFFICE: Suite No. 401, 4th Floor, Business & Finance Center, I. I. Chundrigar Road Karachi. UAN: (92-21) 111-000-875, Web: www.tsbl.com.pk

NOTICE OF ANNUAL GENERAL MEETING

Notice is hereby given that the 32^nd Annual General Meeting of the Company will be held on Monday, October 27, 2025 at 03:30 p.m. at Suite # 401, 4th Floor, Business & Finance Centre, I.I. Chundrigar Road, Karachi to transact the following business.

ORDINARY BUSINESS:

• 1. To confirm the minutes of the last Annual General Meeting (AGM) held on October 28, 2024
• 1. To receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended June 30, 2025 together with the Directors' and the Auditors' reports thereon.
• 1. To appoint Auditors of the Company for the year ending June 30, 2026 and to fix their remuneration.
• 1. To discuss any other matter with the permission of the Chair.

Karachi: October 06, 2025.

By Orde

COMPANY SECRETARY

NOTES:

• The Share Transfer Books of the Company shall remain closed from October 21, 2025 to $1_{\cdot}$ October 27, 2025 (both days inclusive). Transfers (Physical/Shares) received in order at the office of the Company's shares registrar at the close of business on Monday, October 20. 2025 will be treated in time for purpose of determine the entitlements attend and vote at the AGM.
• 1. A member of the Company eligible to attend and vote at this meeting is entitled to appoint another member as his/her proxy to attend and vote instead of him/her behalf. A proxy must be a member of the Company and shall produce his/her original Computerized National Identity Card (CNIC) or passport at the time of meeting. Proxies in order to be effective must be received at the registered office of the Company not later than forty-eight (48) hours before the time of holding the meeting.
• 1. The corporate shareholders shall nominate someone to represent them at the AGM. The nominations, in order to be effective must be received by the Company not later than fortyeight (48) hours before time of holding the meeting.
• 1. Any individual beneficial owner of Central Depository Company of Pakistan Limited (CDC). entitled to attend and vote at this meeting, must bring his/her original CNIC or passport. Account and participants' I.D numbers to prove his/her identity, and in case of proxy must enclose an attested copy of his / her CNIC or passport. Representatives of corporate members should bring the. Board resolution/power of attorney with specimen signature (unless it had been provided earlier) along with the proxy form to the Company.
• 1. Availability of the Audited Financial Statements on Company's Website. Circulation of Annual Report through QR Code and through Web link in accordance with the Section 223 of the Companies Act, 2017 and pursuant to SRO 389(1)/2023 dated March 21. 2023 of the Securities & Exchange Commission, the Company has already obtained Shareholders' approval in the Annual General Meeting of the Company held on October 27.

CORPORATE OFFICE:

Suite No. 401, 4th Floor, Business & Finance Center I. I. Chundrigar Road Karachi. UAN: (92-21) 111-000-875, Web: www.tsbl.com.pk

Room No. 510, 5th Floor, Business & Finance Center, I.I. Chundrigar Road, Karachi. Tel: (021)-38282880-89 Web: www.tsbl.com.pk

KARACHI BRANCH 1:

KARACHI BRANCH:

Room No. 807 & 808, 8th Floor. PSX New Building & PSX Office No. 725, 7th Floor, Main Building Stock Exchange Road, Karachi. Tel: (021)-38282900-915 Web: www.tsbl.com.pk

LAHORE BRANCH OFFICE 1: 2nd Floor, Associated House, Building No. 1 & 2.7. Kashmir Road, Lahore-54000. (Pakistan). Tel: (92-42) 3637 3041-43 Fax: (92-42) 36373040 Web: www.tsbl.com.pk

LAHORE BRANCH OFFICE 2: Room No. 607,6th Floor, LSE Plaza, 19-Khayaban-e-Aiwan-e-Iqbal, Lahore. (Pakistan) Tel: (92-42) 3637 3045, (92-42) 3630 0181

(92-42) 3630 0554, (92-42) 3637 4710 Web: www.tsbl.com.pk

CORPORATE TRE Certificate Holder-332 Pakistan Stock Exchange Limited

CORPORATE OFFICE: Suite No. 401, 4th Floor, Business & Finance Center, I. I. Chundrigar Road Karachi. UAN: (92-21) 111-000-875, Web: www.tsbl.com.pk

2023 to circulate the Annual Report of the Company to Members through QR enabled Code and Web link. The Annual Report is available through following QR Code and Web link.

https://tsbl.com.pk/new/investor-relationd41d.php?#finanical_data

Shareholders (Physical) are requested to immediately notify change in address, if any, to the Company's Share Registrar, at the following address:

M/s HAMEED MAJEED ASSOCIATES (PVT.) LTD

1^st, Floor, H.M House, 7 Bank Square, Lahore. Tel: 042-37235081-82. https://hmaconsultants.com

Submission of CNIC - (Mandatory)

With reference to the notification of Securities and Exchange Commission of Pakistan (SECP). SRO 779(1)/2011, dated August 18, 2011, the Members/Shareholders (Physical) who have not yet submitted photocopy of their valid Computerized National Identity Card (CNIC) to the Company are required to send the same at the earliest directly of the Company's Share Registrar, M/s Hameed Majeed Associates (Pvt.) Limited. Members/Shareholders (CDC) get it updated directly to their CDC participant (broker)/CDC Investor Account Services, as the case may be.

Kindly comply with the request, in case of non-receipt of the copy of valid CNIC and noncompliance of the above-mentioned SRO of SECP, the Company may be constrained to withhold dividends in the future

Video Conference Facility

Pursuant to the provisions of the Companies Act, 2017 the shareholders residing in other cities and holding at least 10% of the total paid up capital may demand the Company to provide the facility of video link for participation in the meeting. The demand for video-link facility shall be received at Shares Registrar address given hereinabove at least 7 days prior to the date of AGM.

Online Participation in AGM

In order to facilitate and for the safety and well-being of shareholders and the public at large, the Company in addition to convening a physical meeting has also arranged attendance of shareholders virtually through video link facility. Shareholder who are interested in attending the AGM proceedings online may send the below information along with valid copy of CNIC of both sides with the subject "Registration for Hameed Majeed Associates (Pvt) Limited AGM" at info@tsbl.com.pk for their appointment and proxy's verification at least 48 hours before the time of the meeting.

Name of Shareholder	CNIC No.	Folio No. /CDC Account No.	Cell No.	Registered Email Address

CORPORATE OFFICE:

Suite No. 401, 4th Floor, Business & Finance Center. I. I. Chundrigar Road Karachi. UAN: (92-21) 111-000-875, Web:www.tsbl.com.pk

KARACHI BRANCH 1: Room No. 510, 5th Floor. Business & Finance Center, I.I. Chundrigar Road, Karachi. Tel: (021)-38282880-89 Web: www.tsbl.com.pk

KARACHI BRANCH:

Room No. 807 & 808, 8th Floor, PSX New Building & PSX Office No. 725, 7th Floor, Main Building Stock Exchange Road, Karachi. Tel: (021)-38282900-915 Web: www.tsbl.com.pk

LAHORE BRANCH OFFICE 1: 2nd Floor, Associated House, Building No. 1 & 2, 7,
Kashmir Road, Lahore-54000, (Pakistan). Tel: (92-42) 3637 3041-43 Fax: (92-42) 36373040 Web: www.tsbl.com.pk

LAHORE BRANCH OFFICE 2: Room No. 607,6th Floor, LSE Plaza, 19-Khayaban-e-Aiwan-e-Iqbal, Lahore. (Pakistan) Tel: (92-42) 3637 3045. (92-42) 3630 0181

(92-42) 3630 0554, (92-42) 3637 4710 Web:www.tsbl.com.pk

RUST SECURITIES & BROKERAGE LTD.

CORPORATE TRE Certificate Holder-332 Pakistan Stock Exchange Limited

CORPORATE OFFICE: Suite No. 401, 4th Floor, Business & Finance Center, I. I. Chundrigar Road Karachi. UAN: (92-21) 111-000-875, Web: www.tsbl.com.pk

Shareholders, who will be registered, after necessary verification as per the above requirement, will be provided a password protected video link by the Company via email. The said link will be open from 10:55 a.m. at the date of AGM till the end of the meeting. Shareholders can also their comments and questions for the agenda items of AGM $at$ provide shares@hmaconsultants.com at least 48 hours before the time of the meeting.

Deposit of Physical Shares in to CDC Account:

As per Section 72 of the Companies Act, 2017 every existing listed company shall be required to replace its physical shares with book-entry form in a manner as may be specified and from the date notified by the Commission, within a period not exceeding four years from the commencement of this Act. i.e., May 30, 2017. The Shareholders having physical shareholding are encouraged to open CDC sub-account with any of the brokers or Investor Account directly with CDC to place their physical shares into scrip less form, this will facilitate them in many ways, including safe custody and sale of shares, any time they want, as the trading of physical shares is not permitted as per existing regulations of the Pakistan Stock Exchange.

Prohibition of Gifts:

In compliance with Section 185 of the Act read with Circular 2 of 2018 dated February 09, 2018 and S.R.O. 452(I)/2025 dated March 17, 2025 of SECP has strictly prohibited companies from providing gifts or incentives, in lieu of gifts (tokens/coupons/lunches/takeaway/packages) in any form or manner to the shareholders at or in connection with General Meetings.

CORPORATE OFFICE:

Suite No. 401, 4th Floor. Business & Finance Center I. I. Chundrigar Road Karachi. UAN: (92-21) 111-000-875, Web: www.tsbl.com.pk

Room No. 510, 5th Floor. Business & Finance Center, I.I. Chundrigar Road, Karachi. Tel: (021)-38282880-89

Web: www.tsbl.com.pk

KARACHI BRANCH 1-

KARACHI BRANCH:

Room No. 807 & 808, 8th Floor, PSX New Building & PSX Office No. 725, 7th Floor, Main Building Stock Exchange Road, Karachi. Tel: (021)-38282900-915 Web: www.tsbl.com.pk

LAHORE BRANCH OFFICE 1: 2nd Floor, Associated House,
Building No. 1 & 2, 7, Kashmir Road,
Lahore-54000, (Pakistan). Tel: (92-42) 3637 3041-43 Fax: (92-42) 36373040 Web: www.tsbl.com.pk

LAHORE BRANCH OFFICE 2: Room No. 607,6th Floor, LSE Plaza 19-Khayaban-e-Aiwan-e-Iqbal, Lahore, (Pakistan) Tel: (92-42) 3637 3045, (92-42) 3630 0181

(92-42) 3630 0554. (92-42) 3637 4710 Web: www.tsbl.com.pk