Issuance of Shares of Systems Limited

Karachi, Systems Limited informed Pakistan Stock Exchange that a total amount of Rs. 69,937,244/- has been received on account of Consideration money against allotment of 953,603 ordinary shares each of
Rs. 10/- (face value) by the Company and shares have been issued to each allottee.

Systems Limited is a public limited company incorporated in Pakistan. The Company is principally engaged in the business of software development, trading of software and business process outsourcing services.

The total numbers of shares are 137,086,059. The Earnings per share is 17.66 in 2020 which was 11.05 in 2019. The Profit after Taxation is 2,193,915,000 in 2020 which was 1,364,132,000 in 2019.