SHARPIND Corporate Disclosure — 7 June 2020

The Board of Directors has decided to reduce its Paid up share Capital 7:1 that is one share to be issued to the existing shareholders against seven shares of Tk. 10.00 each held subject to approval of the shareholders in the upcoming 11th EGM and competent Honorable Court as per section 59 read with section 60 of the Companies Act, 1994 and approval of concerned regulatory authorities. The proposed paid up share capital will be Tk. 56,07,78,330.00 (cont.)