The Hub Power Company Limited has released important information to the Pakistan Stock Exchange today. It reads by Sections 96 and 131 of the Securities Act, 2015 and Rule 5.6.1. of the Rule Book of the Pakistan Stock Exchange Limited (“PSX”), and in continuation to our earlier letter dated June 21, 2024, we hereby convey the following information:

Mega Motor Company (Private) Limited, an associated company of The Hub Power Company Limited (the “Company”), has entered into a Master Supply & Manufacture Agreement with BYD Auto Industry Company Limited to manufacture, market, distribute, and sell BYD brand passenger vehicles ( “Licensed Products”) in Pakistan and Technical License Agreements for the Licensed Products.

BYD’s leading technology, coupled with our local expertise, will catapult Pakistan’s automotive sector into the future, offering customers a variety of choices from the world’s leading automotive technology companies.