(Cont. News of SIBL): Further to be informed that for the avoidance of doubt, the above mentioned Order will not be affected: The rights of depositors; The continuity of banking services; The powers of Bangladesh Bank to take any further resolution actions. (end)

(Cont. News of SIBL): the bank's statutory records reflect this capital reduction and cancellation of shares, including filling with the Registrar of Joint Stock Companies and Firms (RJSC) and relevant authorities including BSEC, DSE, CSE, CDBL etc. [Clause 2(C) of the Order]. It is mentionable that as per above instruction, SIBL has taken all necessary steps to execute the above Order. (cont.4)

(Cont. News of SIBL): Effectiveness: 1. This Order will be effected immediately and shall be deemed effective from November 05, 2025 [Clause 2(A) of the Order]. 2. No approval or consent of shareholders, creditors, regulators, stock exchanges or any other person shall be required for the validity of this Order, pursuant to Section 33(2) of the ordinance [Clause 2(B) of the Order]. 3. The Administrator shall take all necessary steps to ensure that (cont.3)

(Cont. News of SIBL): Capital Reduction: 1. The entire paid up capital of Social Islami Bank PLC amounting to BDT 1140.16 crore (One thousand one hundred forty crore and sixteen lac) only is hereby reduced to zero [Clause 1(A) of the Order]; 2. All related shares issued by the bank hereby stand fully written down and cancelled [Clause 1(B) of the Order]; 3. All associated shareholders' rights including voting, dividends, claims or remedies are extinguished [Clause 1(B) of the Order]. (cont.2)

The company has informed that Bank Resolution Department of Bangladesh Bank (Central Bank of Bangladesh) issued Capital Reduction Order No. BRD/2025-1 dated December 21, 2025 for SIBL under Section 33 of the Bank Resolution Ordinance, 2025. In exercise of the powers conferred by Section 33(1) of the Ordinance, Bangladesh Bank has ordered and directed below issues through Capital Reduction Order No. BRD/2025-1 dated December 21, 2025: (cont.1)