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"Price is what you pay. Value is what you get." - Warren Buffet

Key Management

29 May, 2018

Dear Valued Customer,

We are pleased to inform you that Foundation Securities (Pvt) Ltd has achieved another milestone towards better corporate governance.

JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has assigned initial Broker Management Rating to Foundation Securities (Private) Limited (FSL) at 'BMR2'. Outlook on the assigned rating is 'Stable'.

The rating reflects strength derived from the professional experience of the management team, the sound internal & external control framework, client relationships, risk management and HR & IT infrastructure.

Foundation Securities is one of the few brokerage houses in Pakistan to have a Broker Management Rating which shows our commitment to good corporate governance.

Thank you.

Foundation Securities (Pvt) Ltd.

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