Election of Directors of Pak-Gulf Leasing Company Limited

Karachi, Pak-Gulf Leasing Company Limited informed Pakistan Stock Exchange that the eight members have offered themselves to be elected is not more than the number of Director fixed under Section 159
(1) 0of the companies Act, 2017, therefore, the above named persons shall be deemed to be elected as Directors of the company.

Pak-Gulf Leasing Company Limited was incorporated in Pakistan on 27 December 1994 as a Public Limited Company and commenced its operation on 16 September 1996. The Company is principally engaged in the business of Leasing.

The total number of shares are 25,369,800. The Earnings per share is 0.43 in 2020 which was 2.54 in 2019. The Profit after Taxation is 10,894,000 in 2020 which was 64,378,000 in 2019.