Karachi: Waves Corporation Limited has announced the re-election of seven directors for a new three-year term following an Extraordinary General Meeting held at the company’s registered office. This decision aligns with the compliance requirements set forth in regulation 5.6.9(b) of the Rule Book of Pakistan Stock Exchange Limited.

On August 11, 2026, the General Meeting confirmed the continuation of key leadership within the company, a move expected to provide stability and continuity for Waves Corporation Limited. The directors were elected under Agenda Item No. 2, as fixed by the Board in accordance with Section 159(1) of the Companies Act, 2017.

The re-elected directors include Mr. Haroon Ahmad Khan, who will continue as the Chief Executive Officer, and Mr. Moazzam Ahmad Khan, serving as a Non-Executive Director. Mrs. Nighat Haroon Khan will also continue her role as a Female Non-Executive Director, reinforcing the company's commitment to diversity in leadership.

Executive Director Mr. Hamza Ahmad Khan, alongside Independent Directors Mr. Tajammal Hussain Bokharee and Mr. Muhammad Zafar Hussain, will also maintain their positions. Additionally, Mr. Khalid Azeem will continue as a Non-Executive Director.

According to information available from the Pakistan Stock Exchange (PSX), this meeting and the subsequent resolutions are part of Waves Corporation Limited's adherence to regulatory requirements and corporate governance standards.

The continuity of these directors is expected to support Waves Corporation Limited in achieving its strategic goals and maintaining its market position within the designated market category. The directors' term officially commenced on August 11, 2026, and is set to conclude in 2029.