Spirit of Growth

Annual Report 2023

UNITED DISTRIBUTORS PAKISTAN LIMITED

Contents

Vission & Mission

02

Core Values

03

Company Information

04

Notice of Annual General Meeting

06

Chairman's Review Report

10

Directors' Report

12

Financial Highlights Six years at Glance

17

Statement of Compliance With the Code of Corporate Governance

21

Review Report to the Members On Statement of Compliance with the

23

Code Corporate Governance

Auditors' Report To the Members

24

Statement of Financial Position

28

Statement of Profit and Loss Account

29

Statement of Comprehensive Income

30

Statement of Changes in Equity

31

Statement of Cash Flow

32

Notes to and Forming Part of the Financial Statements

33

Pattern of Shareholding

63

Proxy Form

Vision

Deliver high quality

solutions from the world's best sources to support our farmers' community and the agriculture sector.

Mission

UDL Pakistan is a dynamic company investing in the agriculture

sector for the betterment of farmers through its unique services

and high-quality products so they can get the best crop yields and high-quality food for human beings.

02. Annual Report 2023

United Distributors Pakistan Limited

Core Value

PARTNERSHIP

Collaborate selflessly, behave respectfully, seek to create value for the company, its partners and society

INTEGRITY

Create transparency, act fairly and honestly

PASSION

Source of energy in the workplace, demonstrate entrepreneurial drive, show grit

EXCELLENCE

Takes ownership of current role and beyond delivers quality work strives for continuous improvement

Annual Report 2023

03.

United Distributors Pakistan Limited

Company Information

Board of Directors

CEO

H.R & Remuneration Committee

Mr. Ayaz Abdulla

Chairman

Mr. Asad Abdulla

Director

Ms. Samia Zuberi

Director

Mr. Abdul Samie Cashmiri

Director

Mr. Saqib Abbas

Director

Mr. M. Salman Hussain Chawala

Director

Mr. Najmul Hassan

Director

Audit Committee

Mr. Salman Hussain Chawala

Chairman

Mr. Najmul Hassan

Member

Mr. Mirza Asmer Beg

Chief Executive Officer

CFO

Mr. Sohail Hasnain Ahmed

Chief Financial Officer

Company Secretary

Mr. M. Imran

Company Secretary

Auditors

BDO Ebrahim & Co.

Chartered Accountants

2nd Floor, Block C, Lakson Square, Building No. 1, Sarwar Shaheed Road Karachi - 74200 Pakistan.

Ms. Samia Zuberi

Chairperson

Mr. Abdul Samie Cashmiri

Member

Mr. Ayaz Abdulla

Member

Mr. Saqib Abbas

Member

Bankers

Habib Metropolitan Bank Limited

Habib Bank Limited

Bank Al Habib

MCB Bank Limited

AL-Baraka Bank (Pakistan) Limited

Meezan Bank Limited

Registered Office

Mr. Ayaz Abdulla

Registrar

Member

Legal Advisor

Central Depository Company of

Pakistan Ltd.

CDC House # 99-B, Block 'B'

Sarmad Aziz

S.M.C.H.S, Main Shahrah-e-Faisal,

Karachi

Advocates/Advisors

United Distributors Pakistan Limited Plot # 105, Sector 7-A, Mehran Town Korangi Industrial Area, Karachi Web: www.udpl.com.pk

email: info@udpl.com.pk

04. Annual Report 2023

United Distributors Pakistan Limited

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Disclaimer

United Distributors Pakistan Ltd. published this content on 06 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 October 2023 09:35:23 UTC.