Faysal Bank Limited Schedules Board Meeting for Financial Statement Review

Karachi: Faysal Bank Limited has announced that its Board of Directors will convene a meeting on February 20, 2025, at 9:30 a.m. in Karachi. The primary agenda for the meeting is to review and consider the Unconsolidated and Consolidated Financial Statements of the bank for the fiscal year ending December 31, 2024. This review will be accompanied by the Directors' and Auditors' Reports, along with other pertinent agenda items.

The bank has also declared a closed period from February 11, 2025, to February 20, 2025, as mandated by clause 5.6.4 of the Rule Book of the Exchange. During this period, no Director, Chief Executive Officer, or Executive of the bank is permitted to engage in any transactions involving the bank's shares, whether directly or indirectly. This precaution is in place to ensure transparency and fairness in the handling of sensitive financial information.

According to information available from the Pakistan Stock Exchange (PSX), this announcement and the subsequent closed period are standard practices within the designated market category, implemented to uphold integrity and trust in the financial markets. Stakeholders and certificate holders have been informed accordingly, ensuring compliance with the regulatory framework governing such disclosures.