LOLC Holdings PLC is a Sri Lankan conglomerate listed on the Colombo Stock Exchange (CSE). Originally starting as a non-banking financial company LOLC has grown into one of the largest Sri Lankan conglomerates involved in many sectors and subsidiaries in several countries although it is still mainly involved in the financial sector.

LOLC Finance PLC is a non-banking financial company based in Sri Lanka. LOLC Holdings is the ultimate parent company of LOLC Finance. The company was founded as LOLC Finance Company Limited in 2001. In 2003, the company changed its name to Lanka ORIX Finance Company and commenced operations.

We at LOLC are an entrepreneurial organization with a focus on research and innovation since our inception. Our investment in R&D is bearing fruit, with commercial manufacturing plants being established for the conversion of graphite to graphene and manufacturing value-added spices.

4 LOLC HOLDINGS PLC Annual Report 2023/24 Deputy Chairman’s Message OVERVIEW Dear Shareholders, It is my honour to welcome you to the 45th Annual General Meeting of LOLC Holdings PLC and to present the Audited Financial

LOLC Finance PLC. Incorporated on the 13th of December 2001, is rated A (Stable) by Lanka Rating Agency and is licensed by the Monetary Board of the Central Bank of Sri Lanka under the Finance Business Act No. 42 of 2011.

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Admired as Sri Lanka’s most profitable corporate entity; the largest Non-Banking Financial Institution (NBFI) and one of the most strategically diversified conglomerates, the LOLC Group is engaged in leisure, plantations, agriinputs,renewable energy, construction and real estate, manufacturing and trading, technology, research & innovation and other strategic investments.

Discover rewarding career opportunities with excellent growth prospects at LOLC Insurance. Take the next step in your career and become part of an exciting team of dynamic individuals working in an intellectually stimulating and fun working-environment.

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