First Security Islami Bank PLC.

The Company has been placed in 'Z' category from existing 'A' category with effect from today i.e., January 04, 2026 according to provision 1(b) of BSEC Directive No. BSEC/CMRRCD/2009-193/77 dated May 20, 2024 regarding non holding of Annual General Meeting (AGM) within the stipulated time frame.

With reference to the Capital Reduction Order No. BRD/2025-2, dated 21 December 2025 of Bank Resolution Department, Bangladesh Bank, the company has informed that Bangladesh Bank vide aforementioned order has directed as follows under section 33(1) of Bank Resolution Ordinance, 2025: "1. Capital Reduction: A. The entire paid-up capital of First Security Islami Bank PLC., amounting to BDT 1,208.14 crore (One Thousand Two Hundred Eight Crore and Fourteen Lac only), (cont.1) (Cont. news of FIRSTSBANK): is hereby reduced to zero (0). B. Upon issuance of this Order: All related shares issued by the bank hereby stand fully written down and cancelled; All associated shareholders' rights including voting, dividends, claims, or remedies are extinguished. 2. Effectiveness: A. This Order takes immediate effect and shall be deemed effective from 05 November, 2025. B. No approval or consent of shareholders, creditors, regulators, (cont.2) (Cont. news of FIRSTSBANK): stock exchanges or any other person shall be required for the validity of this order, pursuant to Section 33(2) of the Ordinance. C. The Administrator shall take all necessary steps to ensure that 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, CDBL, DSE, CSE etc..." (end)

(Cont. news of FIRSTSBANK): stock exchanges or any other person shall be required for the validity of this order, pursuant to Section 33(2) of the Ordinance. C. The Administrator shall take all necessary steps to ensure that 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, CDBL, DSE, CSE etc..." (end)

(Cont. news of FIRSTSBANK): is hereby reduced to zero (0). B. Upon issuance of this Order: All related shares issued by the bank hereby stand fully written down and cancelled; All associated shareholders' rights including voting, dividends, claims, or remedies are extinguished. 2. Effectiveness: A. This Order takes immediate effect and shall be deemed effective from 05 November, 2025. B. No approval or consent of shareholders, creditors, regulators, (cont.2)

The company has informed that Bangladesh Bank vide letter dated 25 November 2025 has cancelled the deferral facility for preparing Financial Statements without adjusting deficit provision and advised to prepare Financial statements for the Third Quarter (Q3) ended on 30 September 2025 and onward by adjusting the provision. As such, the company has prepared again the aforesaid Financial Statements according to the instruction (cont.1) (Continuation news of FIRSTSBANK): of Bangladesh Bank. As per the revised un-audited Financial Statements for the Third Quarter (Q3) ended on 30 September 2025: Consolidated EPS was Tk. (462.57) for July-September 2025 as against Tk. (0.26) for July-September 2024; Consolidated EPS was Tk. (476.57) for January-September 2025 as against Tk. 0.48 for January-September 2024. (cont.2) (Continuation news of FIRSTSBANK): Consolidated NOCFPS was Tk. (23.84) for January-September 2025 as against Tk. (27.16) for January-September 2024. Consolidated NAV per share was Tk. (460.18) as on September 30, 2025 and Tk. 20.66 as on September 30, 2024. (end)