MAY 05

2023

Mondelez Pakistan Limited

(MPL)

MONDELEZ PAKISTAN
Discussion on Famco Process
LIMITED and Preliminary Findings

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 Preamble
This meeting is in response to MPL request to discuss Famco Process and preliminary findings to ensure this project is on right
path through below email:

Copyright: 2022- FAMCO Associates - A Network firm of International. 2

 Table of Contents

01
FAMCO Process
SLIDE 4

02
Preliminary Findings

SLIDE 7

03
Other Matter/

SLIDE 9
Comments From MPL

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 01 FAMCO Process

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 1. FAMCO Process

1. Mondelez Pakistan Limited (MPL) is not able to remit dividends to its non-resident shareholders as most of
foreign equity drawdowns were not registered with State Bank of Pakistan (SBP).
2. Now MPL wish to Register all such shares with SBP in order to remit all declared dividends to its overseas
shareholders.
3. FAMCO team will support MPL team in identifying the missing documents from MPL’s records, required for
registration of Equity with SBP through following process:
1. FAMCO shall prepare a schedule of all draw downs from MPL’s available records such as GLs.
2. Try find Proceed realization Certificates (PRCs) for each drawdown from MPL records and identify and
prepare a list of draw downs for which PRCs are available; and for which PRC are missing. For available PRCs,
MPL may approach SBP for registration of such shares with SBP.
3. For Drawdowns for which PRCs are missing, Famco will try to find Bank Statements and SECP forms (Form 3
etc., of equity draw downs) so that based on available documents, SCB may issue PRCs of such shares.
FAMCO will prepare a list of drawdowns for which Bank Documents and SECP forms are not available.
4. In case Bank statements not available, FAMCO team will try to identify dates of drawdowns from records
such as GLs, SECP forms etc. and MPL will request Bank (SCB) to issue duplicate Bank statements of such
dates. Once Bank statements are available then MPL may request Bank to issue PRCs.
5. For missing SECP forms, FAMCO will support MPL by obtaining CTCs of missing forms from SECP
The above process may be explained through flow chart as follows:

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 PROCESS FLOW CHART

Date of Bank
equity is Statement
No
No
of equity Check PRC
available Available
injection availability
from SECP
forms and forms
No Yes Yes Yes
available?

SCB to give Bank Register equity

Check GL & find Go to SCB &
Statement of date with SBP
date of equity obtain PRC
of equity injection with PRC

Request SECP to
Issue CTC of
Firms

Copyright: 2023 - FAMCO Associates - A Network firm of International. 6

 02 Preliminary Findings

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 02 Preliminary Findings
REGISTERED SHARES
S. Amount of Date of Registered PRC Bank Form 3 Remarks
No Drawdown Drawdown with SBP available Statement Available
(Y/N) (Y/N) available (Y/N) Shares Purchased Shares Issued Receiving Remitting Share
(Y/N) By (Transferee) By (Transferor) Bank Bank Certificate No

Cadbury Schweppes Cadbury Pakistan Standard Standard

1. 1,578,327 18-Jan-2010 Y N/R N/R Y -
Overseas Limited Limited Chartered Bank Chartered Bank

Cadbury Schweppes Cadbury Pakistan Standard Standard

2. 205,408,073 12-Apr-2009 Y Y N/R Y -
Overseas Limited Limited Chartered Bank Chartered Bank

Cadbury Schweppes Cadbury Pakistan HSBC Bank

3. 103,313,210 5-Mar-2009 Y N/R N/R Y N/A -
Overseas Limited Limited Middle East Ltd

Cadbury Schweppes Cadbury Pakistan Standard Bank of

4. 122,684,440 23-Nov2007 Y N/R N/R Y -
Overseas Limited Limited Chartered Bank America

Cadbury Schweppes Cadbury Pakistan Standard Bank of

5. 4,198,180 11-Jan-2007 Y Y N/R Y -
Overseas Limited Limited Chartered Bank America

Cadbury Schweppes Cadbury Pakistan Standard Bank of

6. 100,959,910 6-Dec-2006 Y Y N/R Y -
Overseas Limited Limited Chartered Bank America

538,142,140 TOTAL REGISTERED SHARES

Note: N/R Not Required
Registered Shares 67.2%

Copyright: 2023 - FAMCO Associates - A Network firm of International. 8

 02 Preliminary Findings-Contd.
UN-REGISTERED SHARES
S. Amount of Date of Registered PRC Bank Form 3 Remarks
No Drawdown Drawdown with SBP available Statement Available
(Y/N) (Y/N) available (Y/N) Shares Purchased Shares Issued Receiving Remitting Share
(Y/N) By (Transferee) By (Transferor) Bank Bank Certificate No

Cadbury Schweppes N/A Transfer

1. 10,495,430 31-Aug-2007 N N N N Directors N/A
Overseas Limited Deed
Standard
Cadbury Schweppes Cadbury Pakistan Standard
2. 50,479,960 27-Jan-2000 N Y N Y Chartered Bank 128
Overseas Limited Limited Chartered Bank
London
Cadbury Schweppes Cadbury Pakistan
3. 51,283,250 7-Oct-1996 N N Y Y Bank of America N/A 127
Overseas Limited Limited
Cadbury Schweppes Cadbury Pakistan
4. 90,000,000 26-Aug-1996 N N Y Y Bank of America N/A -
Overseas Limited Limited
Cadbury Schweppes Pure Foods American
5. 49,679,080 1-Sep-1993 N N N N N/A 118
Overseas Limited Limited Express Bank
Trebor International Limited Pure Foods 119
6. 5,937,460 1993 N N N N N/A N/A
(United Kingdom) Limited
Trebor International Limited 120 to
7. 60 1993 N N N N Directors N/A N/A
(Directors) 125

Trebor International Limited Pure Foods

8. 5,020,000 1988 N N N N N/A N/A 113
(United Kingdom) Limited

262,895,240 TOTAL UN-REGISTERED SHARES

Note: Un-Registered Shares 32.8%
Copyright: 2023 - FAMCO Associates - A Network firm of International. 9
 02 Preliminary Findings-Contd.

SUMMARY OF REGISTERED & UN-REGISTERED SHARES

DETAILS OF SHARES No. OF SHARES AMOUNT (Rs.) PERCENTAGE%

Registered Shares 53,514,214 538,142,140 67.2 %

Un-Registered Shares 26,289,524 262,895,240 32.8 %

Total Number of Shares 80,103,738 801,037,380 100%

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 Other Matter/Comments
03 From MPL

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 03 Other Matters/Comments From MPL

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 Thank you

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