THE COMPANIES ACT, 2017 (XIX of 2017)

(COMPANY LIMITED BY SHARES)

MEMORANDUM OF ASSOCIATION

1. The name of the company is SHAHRAM TELECOM (PRIVATE) LIMITED

2. The registered office of the Company will be situated in Punjab

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3.(i). a The principal line of business of the company shall be to carry on all or any of the business of establishing,
developing, expanding, enhancing and managing Internet services and provides services accessing and using the

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Internet.

(ii). Except for the businesses mentioned in sub-clause (iii) hereunder, the company may engage in all the lawful
businesses and shall be authorized to take all necessary steps and actions in connection therewith and ancillary
thereto.

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(iii). Notwithstanding anything contained in the foregoing sub-clauses of this clause nothing contained herein
shall be construed as empowering the Company to undertake or indulge, directly or indirectly in the business of
a Banking Company, Non-banking Finance Company (Asset Management Services, Leasing, Investment
Finance Services, Investment Advisory Services, REIT management Services, Housing Finance Services,
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Private Equity and Venture Capital Fund Management Services, Discounting Services, Pension Fund Scheme
Business, Micro Financing), Corporate Restructuring Company, Insurance Business, Modaraba management
company, Stock Brokerage business, forex, Clearing House, Securities and Futures Advisor, Commodity
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Exchange, managing agency, business of providing the services of security guards or any other business
subject to license and restricted under any law for the time being in force or as may be specified by the
Commission.

(iv). It is hereby undertaken that the company shall not:

(a). engage in any of the business mentioned in sub-clause (iii) above or any unlawful operation;

(b). launch multi-level marketing (MLM), Pyramid and Ponzi Schemes, or other related activities/businesses or
any lottery business;
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(c). engage in any of the permissible business unless the requisite approval, permission, consent or license is
obtained from competent authority as may be required under any law for the time being in force.
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4. The liability of the member(s) is limited.

5. The Authorized Capital of the Company is Rs. 5000000/- (Rupees Five Million) divided into 50000 ( Fifty
Thousand ) Ordinary shares of Rs. 100/- (Rupees One Hundred ) each.
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We, the several persons whose name and addresses are subscribed below, are desirous of being formed into a
company, in pursuance of this memorandum of association, and we respectively agree to take the number of shares
in the capital of the company as set opposite our respective name(s):

Name and NIC No. (in Father`s/ Nationality(i Occupation Usual Number of Signatures
surname case of Husband`s es) with any residential shares taken
(present & foreigner, Name in full former address in by each
former) in Passport No) Nationality full or the subscriber
full (in Block registered/ (in figures
Letters) principal and words)
office
address for
a subscriber
other than
natural
 person
MUHAMM 311012095 Not Pakistan Business HOUSE 10000 (Ten Electronical
AD 8725 Required NO.22, Thousand) ly Signed
KASHIF CANAL
RASHEED COLONY,
POST
OFFICE
SADIQIA
BAHAWAL
NAGAR,
Haroonaba
d, Bahawal
Nagar,
Punjab,
Pakistan

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SAQIB 311014332 Not Pakistan Business HOUSE 40000 Electronical

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RASHEED 7411 Required NO.22, (Forty ly Signed
CANAL Thousand)
COLONY,
BAHAWAL
NAGAR,

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Haroonaba
d, Bahawal
Nagar,
Punjab,
Pakistan
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50000 ( Fifty Thousand )
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Dated the 26 day of July ,2024