HUM Network Limited Interim Dividend and Share Transfer Book Closure Notice

HUM Network Limited's Board of Directors, at its meeting held on 30 June 2026, approved an interim cash dividend of Rs. 0.50 per share, equivalent to 50%, for the financial year ending 30 June 2027.

The company's share transfer books will remain closed from 12 July 2026 to 13 July 2026, both days inclusive. Share transfers received by the share registrar, Central Depository Company of Pakistan Limited, by 5:00 p.m. on 11 July 2026 will be considered for entitlement to the interim dividend.

Electronic Payment of Cash Dividend

Under the Companies Act, 2017 and the applicable dividend distribution regulations, cash dividends must be paid electronically into shareholders' designated bank accounts. Shareholders should provide their bank account particulars to enable payment of the dividend.

Shareholders holding physical shares should send their bank account particulars to the share registrar. Shareholders holding shares electronically through CDC should submit these particulars through their respective CDC participants or brokers. The bank account must be held in the shareholder's own name.

CNIC and National Tax Number

Shareholders should provide a copy of their Computerized National Identity Card or their National Tax Number, as applicable, to the share registrar. Dividend payment is subject to compliance with Section 243 of the Companies Act, 2017 and Regulation 6 of the Companies (Distribution of Dividends) Regulations, 2017, including the provision of identification and bank account particulars.

Withholding Tax on Dividend

Under Section 150 of the Income Tax Ordinance, 2001, dividend withholding tax is deducted at 15% for shareholders appearing on the Active Taxpayers List and 30% for shareholders who do not appear on that list. Shareholders should verify their tax status through the Federal Board of Revenue website at http://www.fbr.gov.pk.

For jointly held shares, withholding tax will be calculated separately for the principal shareholder and each joint holder according to their respective tax status and shareholding proportions. Joint shareholders should provide their ownership proportions to the share registrar so that the appropriate tax can be deducted.

Corporate shareholders holding shares through CDC should ensure that their National Tax Numbers are updated with their respective CDC participants. Corporate shareholders holding physical shares should provide their National Tax Numbers to the share registrar. Shareholders claiming exemption from withholding tax should furnish a valid exemption certificate issued under Section 159 of the Income Tax Ordinance, 2001.

Unclaimed Dividends and Shares

Under Section 244 of the Companies Act, 2017, dividends and shares remaining unclaimed for three years are subject to transfer to the Federal Government after completion of the prescribed procedure. Shareholders who have not collected their dividends or shares should submit their claims to the company or its share registrar.

Conversion of Physical Shares into Electronic Form

In accordance with the Securities and Exchange Commission of Pakistan's requirements and Section 72 of the Companies Act, 2017, shareholders holding physical shares are advised to convert their holdings into electronic form by opening a CDC account. Electronic holdings facilitate the handling of shares and help protect shareholders against the risks associated with physical share certificates.

Share Registrar

Central Depository Company of Pakistan Limited, CDC House, 99-B, Block B, S.M.C.H.S., Main Shahrah-e-Faisal, Karachi 74000.