Karachi, The Board of Directors of First Dawood Investment Bank Limited met on August 31, 2023, and made recommendations concerning dividends and corporate actions for the fiscal year. The outcome of the meeting is as follows:

Cash Dividend: NIL

Bonus Shares: NIL

Right Shares: NIL

Any other Entitlement/Corporate Action: NIL

Any other Price-Sensitive Information: NIL

This announcement signifies that First Dawood Investment Bank Limited will not be issuing cash dividends, bonus shares, right shares, or any other corporate actions for its shareholders for the current fiscal year.

The Annual General Meeting of First Dawood Investment Bank Limited is scheduled for October 02, 2023, in Karachi. Shareholders are encouraged to participate and engage with the management during this important event.

Furthermore, the Share Transfer Books of the Company will be temporarily closed from September 25, 2023, to October 02, 2023, both days inclusive. During this period, requests for the registration of share transfers will not be accepted. Shareholders are advised to plan their transactions accordingly.

The Company's financial results for the year ended June 30, 2023, were also shared, reflecting its financial performance and providing transparency to its shareholders.