The business to be transacted at the special meeting of shareholders includes shareholder approval of a proposal to authorize and approve an amalgamation
agreement among the company, Sinovac (Cayman) Limited, an exempted company incorporated with limited liability under the laws of the Cayman Islands, and Sinovac Amalgamation
Sub Limited, an international business corporation incorporated under the laws of Antigua and Barbuda and a wholly-owned subsidiary of Parent, and the transactions contemplated by the Amalgamation
Agreement, including the proposed amalgamation
SBP, through its order dated 13th June 2017, has sanctioned the Scheme of Amalgamation
of NIB Bank with and into MCB Bank in terms of sub-section (4) of Section 48 of the Banking Companies Ordinance, 1962.