Macter International : Quarterly Progress Report

Ref: PSX-22/10

April 14, 2022

The General Manager Pakistan Stock Exchange Ltd.

Stock Exchange Building Stock Exchange Road Karachi

Subject: Quarterly Progress Report {Right Share Subscription Amount Utilization}

Dear Sir

The quarterly progress report about utilization of the proceeds of right subscription amount for the quarter ended March 31, 2022 is as under:

Purpose	Funds allocated	Funds Utilized	Funds to be Utilized	% utilized
Rupees in '000'
Payment of Bank borrowing	850,000	850,000	-	100.00
To meet working capital requirement	100,000	100,000	-	100.00
Capital expenditure on plant & machinery	100,000	36,387	63,613	36.39
Financing new launches of medicine and advance therapies	50,000	50,000	-	100.00
1,100,000	1,036,387	63,613	94.22

Thanking you.

Yours truly,

Macter International Limited

Company Secretary

C.c. to:The Commissioner

Corporate Supervision Department

Securities and Exchange Commission of Pakistan NIC Building 63, Jinnah Avenue, Blue Area Islamabad

The Director/HOD

Surveillance, Supervision and Enforcement Department Securities & Exchange Commission of Pakistan, Islamabad