Dear Sir,\r\n\r\nThis is to inform you that the Board of Directors of SAL Automotive Limited ('the Company') at their meeting held on today i.e. 10th February, 2025 has, inter-alia, transacted the following business;\r\n\r\n1. Approved the Unaudited Financial Results of the Company for the quarter and nine months ended 31st December, 2024 (enclosed herewith as Annexure-A). \r\n\r\n2. Taken on record the Limited Review Report of Mangla Associates, Chartered Accountants, (Statutory Auditor) on the above UFRs (enclosed herewith as Annexure-B).\r\n\r\n3. Approved Issue of Bonus Shares to the existing shareholders at the ratio of 1:1, Subject to Approval of Shareholders.\r\n\r\n\r\n\r\nThe meeting of the Board of Directors of the Company commenced at 2.00 P.M. and concluded at 3:50 P.M.\r\n\r\nThis is for your information and record.\r\n