Oilboy Energy : NOTICE OF MEETING OF THE BOARD OF DIRECTORS

F o r m e r l y D r e k k a r K i n g s w a y L i m i t e d

OBOY/PSX/2022-

July 07, 2022

The General Manager

Pakistan Stock Exchange Limited

Stock Exchange Building,

Stock Exchange Road,

Karachi.

NOTICE OF MEETING OF THE BOARD OF DIRECTORS

Dear Sir,

This is to inform you that the meeting of the Board of Directors of the Oilboy Energy Limited (the Company) will be held on Thursday, July 14, 2022 at 1100hrs at the registered office of the Company to consider the following agenda:

The unsubscribed shares (out of 150% Right Issue of Oilboy Energy Limited ("the Company") amounting to Rs. 150,000,000/-) will be offered and allotted by the Board of Directors in such manner as they may deem fit in accordance with the Section 83(1)(a)(iv) of the Companies Act, 2017, before calling upon the underwriters to subscribe the unsubscribed shares.

The Company has declared the closed period from July 07, 2022 to July 14, 2022 (both days inclusive) as required under 5.6.4 of the rule Book of the Pakistan Stock Exchange Limited. Accordingly, no directors, CEO or Executives of the Company shall deal, directly or indirectly, in the shares of the Company in any manner in the aforementioned closed period.

You may please inform the TRE Certificate holders of the Exchange accordingly.

Yours truly,

For Oilboy Energy Limited

Inamullah

Company Secretary

Cc:

1. The Director/ HOD, Surveillance, Supervision and Enforcement, SMD, SECP-ISD
2. The Executive Director, Corporate Supervision Department, SECP-ISD

Office Block: Farmhouse No. 16, Street No. 12, Chak Shahzad, Islamabad, Pakistan

[phone]

www.obel.com.pk