Material Information of Premier Insurance Limited

Karachi, Premier Insurance Limited informed Pakistan Stock Exchange that Mr. Shari k Bashir S/o Mr. Zahid Bashir (Late) has been appointed as Director of the Company in place of Mr. Zahid Bashir (Late) for remaining term subject to approval of the Securities and Exchange Commission of Pakistan under the Insurance Companies Regulations, 2012. Mr. Shari k Bashir will join the Board of Directors of the Company once the approval is granted by the SECP.

Premier Insurance Limited was incorporated in Pakistan in May, 1952 as a public limited company. The operations of the business are related to general insurance. The registered office of the business is located in Karachi. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan.

The products of the company includes property insurance, motor insurance, miscellaneous insurance, marine insurance, engineering insurance, shop owners insurance, group health insurance and specialized insurance.

The symbol “PINL” is being used by the stock exchanges for the shares of Premier Insurance Limited.