May 31, 2023

The General Manager

Pakistan Stock Exchange Limited

Stock Exchange Building,

Stock Exchange Road,

Karachi

Subject: Board Meeting Other Than Financial Results

To whom it may concern,

We would like to inform you that the Board of Directors of the Company in its meeting held on Wednesday, May 31, 2023 have reviewed and approved to increase the Authorized Share Capital of the Company from PKR 4,000,000,000 divided into 400,000,000 shares to PKR 9,800,000,000 divided into 980,000,000 shares.

You may please inform the TRE Certificate Holders of the Exchange accordingly.

For and behalf of Systems Limited,

__________________

Ali Ahmed Iftikhar Company Secretary

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Systems Ltd. published this content on 01 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 June 2023 04:35:08 UTC.