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Investor Presentaiton

SBP Policy Rate (%) 9.75% 20.00% Macro-Economic Environment Current account US$ Inflation rate (%) 12.20% 31.50% H HONDA 22.00 20.00 20.00 36 17.00 18.00 16.00 Deficit-13.7 billion (July-April FY 2022) 32 15.00 15.00 28 16.00 13.75 31.5 27.26 26.6 27.6 24.9 23.18 23.8 24.5 21.3 24 14.00 12.25 12.00 10.00 262 20 13.8 16 12 8.00 Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Deficit-3.3 billion (July-April FY 2023) Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar USD-PKR Parity (Rs) 184.70 284.00 300 285 284.0 265.7 270 255 240.0 228.3 224.2 240 225 199.2 210 195 180 Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Other Regulatory Factors ◉ ☐ ◉ Fiscal deficit as % of GDP JPY-PKR Parity (Rs) 1.41 2.14 4.9% (July-April FY 2022) 2.30 2.10 2.14 1.95 1.81 1.90 1.62 1.58 1.70 1.50 4.6% (July-April FY 2023) 1.30 143 Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Ma Quotas and later restrictions by SBP on import of raw materials Advance tax on sale of cars increased Super tax imposed at 10% for 2022 and 4% for 2023 Input tax adjustment reduced to 95% and Sales Tax rate increased from 18%~25% CVT imposed on sale of cars at 1% Source: sbp.org.pk, fbr.gov.pk, Economic survey 2022-23
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