Karachi: Faysal Bank Limited (FBL) has formally announced the convening of an Extra Ordinary General Meeting, slated for May 12, 2026, at 10:00 a.m. The meeting is set to take place at the Grand Ballroom, Movenpick Hotel, Civil Lines, Club Road, Karachi. This announcement is in accordance with Clause 5.6.9 (b) of the Rule Book of the Exchange, which mandates such notifications to be communicated to TRE certificate holders of the Exchange.

The primary agenda for the meeting includes the confirmation of the minutes from the 31st Annual General Meeting, which occurred on March 26, 2026. Additionally, a critical item on the agenda is the election of eleven Directors to the Board of FBL for a term of three years, commencing from May 12, 2026. This election will be conducted in compliance with the Companies Act, 2017, alongside the Memorandum and Articles of Association of FBL.

The list of retiring Directors eligible for re-election includes Mr. Mian Muhammad Younis, Mr. Ahmed Abdulrahim Mohamed Abdulla Bucheery, Mr. Imtiaz Ahmad Pervez, Mr. Juma Hasan Ali Abul, Mr. Abdulelah Ebrahim Mohamed Al Qasimi, Mr. Mohamed Ahmed Bucheerei, Mr. Ali Munir, Ms. Fatima Asad Khan, Mr. Mohsin Tariq, and Ms. Sadia Khan. The decision to fix the number of Directors to be elected at eleven was made during the Board’s meeting on March 26, 2026.

Furthermore, the meeting will address any other business that may arise, contingent upon the Chair’s permission.

According to information available from the Pakistan Stock Exchange (PSX), Faysal Bank Limited operates within the designated market category, reflecting its ongoing compliance and operational status in the financial sector. As the date approaches, stakeholders and interested parties await further developments and potential resolutions from this convening.