Karachi: Meezan Bank Limited has submitted its Independent Reasonable Assurance Report alongside the Statement of Free Float of Shares for the financial year ending on December 31, 2025. This submission aligns with the Pakistan Stock Exchange (PSX) Notice No. PSX/N-4829 dated August 16, 2017, and PSX Regulation No. 5.7.2(b)(ii). The report, certified by the external auditors of Mis. A. F. Ferguson & Co., Chartered Accountants, is part of the bank's compliance with mandatory regulatory requirements.

The assurance report evaluates the Statement of Free Float of Shares as of March 31, 2025, June 30, 2025, September 30, 2025, and December 31, 2025. The assessment criteria are based on Regulation No. 5.7.2(b)(ii) of the PSX Regulations, requiring listed companies to submit an annual Free-Float Certificate verified by an auditor within 120 days post the financial year's close.

According to information available from the Pakistan Stock Exchange (PSX), the management of Meezan Bank is tasked with preparing the Statement of Free Float of Shares for the specified dates, ensuring it is devoid of material misstatements. The bank's external auditor, A. F. Ferguson & Co., conducted an independent reasonable assurance engagement following the International Standard on Assurance Engagements 3000 (Revised).

The auditing firm's procedures involved a thorough verification of the bank's internal data, including records from the Central Depository Company and submissions to the Securities & Exchange Commission of Pakistan. This examination confirmed that Meezan Bank's computations adhere to PSX regulations, with the obtained evidence deemed sufficient to substantiate the provided opinion.

The report concludes with the auditors' opinion that the Statement of Free Float of Shares is prepared in all material respects according to the PSX Regulations, reflecting the bank's adherence to the designated market category's compliance standards.