Lahore: Systems Limited is contemplating a strategic acquisition of an Information Technology (IT) services business, as authorized by its board of directors during a meeting on September 16, 2025. The potential acquisition is subject to the finalization of commercial terms, completion of due diligence, execution of definitive agreements, and receipt of regulatory approvals. The company plans to keep the Pakistan Stock Exchange Limited informed of any material developments.

Additionally, the board meeting resulted in the appointment of Mr. Fayez Qamar Rasheed as the new Company Secretary of Systems Limited. This appointment marks a significant change in the company's leadership structure.

Systems Limited has disclosed this material information in alignment with Sections 96 and 131 of the Securities Act, 2015, and the relevant provisions of the Rule Book of the Pakistan Stock Exchange Limited. According to information available from the Pakistan Stock Exchange (PSX), the disclosure includes a form as required under S.R.O. 143(1)/2012 dated December 5, 2012, updated on May 30, 2016, read with Section 131 of the Securities Act, 2015.

The formal announcement was made by Roohi Khan, Group CFO of Systems Limited, who can be contacted at their Lahore office. This move is a public disclosure of price-sensitive information that directly concerns the listed securities of the company.