ASKARI BANK Ltd

Memo
To: Faisal Adil, CEO
From: Naveed Khawaja, GM
CC: Syed Hassan Askari, Chairman
Date: January 22, 2010
SUB: Fahad’s Performance

This is to inform you that we want your kind attention about the promotion of Mr. Fahad to
Managing Director. He can be very beneficial for the company as he’s very honest with his
job.

Looking forward to having your co-operation.