ADVENT Corporate Disclosure — 21 November 2021

The auditor of the Advent Pharma Limited has given the "Emphasis of matter" paragraphs in the Auditor's Report for the year ended on 30 June, 2021. Emphasis of Matter: Without qualifying our opinion, we draw attention on the matters disclosed: 1. During the audit at the company, we noted that the company made some payments against purchase and expenses in cash mode instead of A/C payee cheque or bank transfer which indicates violation of Income tax ordinance 1984 guideline. (cont.1)