HBL credits 2.95m shares to staff

February 09, 2026 (MLN): Habib Bank Limited (PSX: HBL) has credited a total of 2,956,257 shares to employees’ CDC accounts under its Risk Aligned Remuneration Policy, the bank said in an official communication.

The deferred component of variable compensation for Material Risk Takers (MRTs), Material Risk Controllers (MRCs), and designated General Managers (GMs) is vested in a pool under a trust, which purchases HBL shares from the open market through a brokerage house.

Each year, one-third of the deferred variable compensation vests, and the corresponding shares are transferred to eligible employees.

As part of this process:

• First tranche 2024: 683,927 shares credited to 130 employees

• Second tranche 2023: 1,022,713 shares credited to 120 employees

• Third tranche 2022: 1,249,617 shares credited to 114 employees

The shares were transferred at Rs341.60 per share through Akhtar and Hassan (Pvt) Limited, one of the trustees, on February 2, 2026.

The bank confirmed that all applicable rules and regulations, including Pakistan Stock Exchange (PSX) Regulations and the Securities Act 2015, will be fully complied with by HBL and its employees.

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