THE COMPANIES ACT, 2017 (XIX of 2017)

(COMPANY LIMITED BY SHARES)

MEMORANDUM OF ASSOCIATION

1. The name of the company is TAQATVER GAS (PRIVATE) LIMITED

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

3.(i). a The principal line of business of the company shall be to carry on the business of purchase or otherwise
acquire, sale, store, transport, market, distribute, supply, sell, import, export, and otherwise dispose of and
generally trade in any and all kinds of petroleum and petroleum products, oil, gas, hydrocarbons, petrochemicals,
asphalt, bituminous substances and to undertake all such activities as are connected herewith or ancillary thereto
and to take over the running or likely to be running business of alike nature with or without assets, liabilities, rights,
privileges, registration, trade mark, import and export registration or any other facility.

(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.

(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,
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
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:

(b). launch multi-level marketing (MLM), Pyramid and Ponzi Schemes, or other related activities/businesses or
any lottery business;

(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.

4. The liability of the member(s) is limited.

5. The Authorized Capital of the Company is Rs. 100000000/- (Rupees One Hundred Million) divided into
10000000 ( Ten Million ) Ordinary shares of Rs. 10/- (Rupees Ten ) each.

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 Fathers/ Nationality(i Occupation Usual Number of Signatures
surname case of Husbands Name es) with any residential shares
(present & foreigner, in full former address in taken by
former) in full Passport No) Nationality full or the each
(in Block registered/ subscriber
Letters) principal (in figures
office and
address words)

(1)
 for a
subscriber
other than
natural
person
Muhammad 1730183822145 Pakistan Business H. No. 16, 34000
Behram Zeb Golf Road, (Thirty
Khan GOR 1, Four
Lahore, Thousand)
Lahore,
Lahore,
Punjab,
Pakistan
Humaira 1730103873100 Pakistan Business H. No. 16, 33000
Jehanzeb Khan Golf Road, (Thirty
GOR 1, Three
Lahore, Thousand)
Lahore,
Lahore,
Punjab,
Pakistan
Hannah 1730104813600 Pakistan Business 6, Gul 33000
Jehanzeb Khan Mohar (Thirty
Lane Three
University Thousand)
t,
Peshawar,
Lahore,
Lahore,
Punjab,
Pakistan
100000 ( One Hundred Thousand )

Dated the day of ,

(2)