(Cont. News of GIB): The company has further informed that pursuant to Clause No. 5 of the above Order; for the avoidance of doubt, this order will not be affected: 1. The rights of depositors; 2. The continuity of banking services; 3. The power of Bangladesh Bank to take any further resolution actions. (end)

(Cont. News of GIB): It may be mentioned here that as per Clause No. 2(B) of the said Order; 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. (cont.3)

(Cont. News of GIB): the company has informed that pursuant to the Clause No. 1(A) of the above mentioned Order, the entire Paid-up Capital of Global Islami Bank PLC, amounting to BDT 987.44 crore (Nine Hundred Eighty-Seven Crore and Forty-Four Lac only), is hereby reduced to zero (0). Also according to the Clause No. 2(A) of the Order; this Order takes immediate effect and deemed effective from November 05, 2025. (cont.2)

With reference to the Letter Ref. No. BRD/12-Resolution/709 dated December 22, 2025 of Bank Resolution Department (BRD) of Bangladesh Bank along with the Capital Reduction Order No. BRD/2025-3 dated December 21, 2025 of Bank Resolution Department (BRD) of Bangladesh Bank in respect of the Reduction of Paid-Up Capital of Global Islami Bank PLC under Section 33 of the Bank Resolution Ordinance, 2025; (cont.1)

(cont. news of GIB): Subsequently, Bangladesh Bank vide its Letter dated November 05, 2025 appointed an Administrator who will perform responsibility as vested in the Bank Resolution Ordinance, 2025. (end)