YOUSAF WEAVING MILLS LIMITED Corporate Briefing Session For

YOUSAF WEAVING MILLS LIMITED Corporate Briefing Session For the Year Ended June 30, 2020

Presentation Outlines Company Information 1 Major Customers 2 Operating Performance 3 Future Outlook / Challenges 4 5 Question/Answer Session

Company Information • Incorporated on January 17, 1988 • Registered Office: 7/1, E-3, Main Boulevard, Gulberg III, Lahore • Mills: (i) Weaving Unit: 49 -Km, Multan Road, Bhai Phero. (ii) Spinning Unit: 7 -Km, Multan Road, Pattoki. • Listed on Pakistan Stock Exchange on 1988 • Company Symbol: YOUW • Member of All Pakistan Textile Mills Association and Lahore Chamber of Commerce • Auditors : M/s. Aslam Malik & Company, Chartered Accountants • Share Registrar : M/s. Corplink (Pvt) Limited • Legal Advisor : M/s. Irshad & Irshad Advocates

Major Customers • Nishat Chunian Limited • Saya Weaving Mills Limited • Azgard Nine Limited • US Denim Mills (Private) Limited • US Apparel & Textile (Private) Limited • Roomi Fabrics Limited • Gul Ahmed Textile Mills Limited • Lucky Textile Mills Limited

Company Information CORE MANAGEMENT • Khawaja Mohammad Nadeem, CEO • Nadeem Anwar, Company Secretary • Chaudhary Mohammad Amjad, General Manager • Tauseef Ahmed, CFO

Company Information The Company has started its operations with SULZER Looms and enhanced its production capacity gradually. In year 2006, the management implemented a BMR plan and replace all sulzer looms with new air jet looms. Over the years the Company has upgraded its machinery with the assistance of directors, who always provide monetary support in shape of long term and short term loans to meet capex and cash flow requirements.

Operational Performance Weaving Segment The financial performance of the company is highly affected by the outbreak of Covid-19 pandemic which proved havoc to the globe. Pakistan also face locked down at large scale which adversely impacted the industry. The textile industry is also not spared from the consequences of ill fated pandemic which caused huge financial losses. The operation of the company remain shut down in lock down which marred all efforts of the management to gear up the operating results of the company. However while considering great potential in conversion business the management has incurred Rs. 110 millions on capex during last two years and added 58 air jet looms, 1 sizing plant and 2 electric generators of 1. 1 MV.

Operational Performance 90 000 80 000 70 000 60 000 50 000 40 000 Weaving Production (Sq. Meters) 30 000 20 000 Spinning Production (Kgs) 10 000 - 2016 2017 2018 2019 2020 Actual Production Per Annum

Operational Performance 1200 No. of Employees 1000 800 600 No. of Employees 400 200 0 2016 2017 2018 2019 2020 Number of Employees

Operational Performance Share Price (Rs. ) 8, 00 7, 00 6, 00 5, 00 4, 00 Share Price (Rs. ) 3, 00 2, 00 1, 00 - 2016 2017 2018 2019 2020 To-date Share Price Over the Years

YOUSAF WEAVING MILLS LIMITED : 2019 VS 2018 2020 2019 Sales Revenue (Rs in Million) 415 Loss After Tax (Rs in Million) (75) Equity (Rs in Million) (121) Operating Loss (Rs in Million) 1, 326 (72) Loss per Share (Rs/Share) (74) (80) (0. 84) Return on Equity (%) (63) (52) (0. 83) (93)

Financial Performance of Five Years

Future Outlook The management is planning to gradually replace its existing looms with new imported air jet looms within upcoming periods. Further the management intends to add state of the art generators to optimize its energy cost since fuel & power cost plays a major role in overall production costs. The management is hopeful that streamlining of relationships with the banks will prove to be cutting edge for its BMR plan in near future. The management is auspicious that if the current economic conditions ameliorate after enduring the shocks of Covid-19, we would be able to put the Company on the path of sustainable profitability.

Future Challenges Continuing Covid-19 pandemic Fluctuating tariff of electricity and gas Short term borrowings from banks Effect of inflation Revival of exports

Question & Answer Session

Thank You