Karachi, Silkbank Limited convened a Board Meeting on August 10, 2023, at its headquarters in Islamabad. The purpose of the meeting, other than discussing financial results, was to address any potential dissemination of Price Sensitive Information (PSI) that could impact the market value of Silkbank shares.

Silkbank Limited hereby announces that no Price Sensitive Information has been disclosed following the aforementioned Board Meeting. This ensures that the market price of Silkbank shares remains unaffected by any material developments or announcements discussed during the meeting.

The bank's commitment to transparent communication and adherence to regulatory guidelines is evident in this proactive announcement. By confirming that no PSI has been shared, Silkbank Limited aims to maintain market integrity and uphold the trust of its shareholders and stakeholders.

As a responsible corporate entity, Silkbank Limited continues to prioritize the best interests of its investors while upholding high standards of corporate governance and transparency.