20260415_LPPF_Ringkasan Risalah//Risalah RUPS_32070939_lamp5.pdf

     1.   The Meeting has been attended by the shareholders of the Company and/or their
          proxies representing 1.704.467.856 shares which was 76,527 % of the total shares with
          the valid voting that have been issued by the Company until the date of the Meeting,
          amounting 2.227.279.280 shares, not included treasury shares;

     2.   The Meeting was led and physically attended by the Commissioner of the Company,
          namely Mr. Adrian Suherman who acted as the Chairman of the Meeting based on
          the Board of Commissioners’ Resolution dated on February 25, 2026;

     3.   The Meeting was attended in-person by Dr. Andy Adhiwana as the Commissioner of
          the Company;

     4.   The Meeting was virtually attended via Zoom by Ms. Bianca Cheo Hui Hsin as the
          Independent Commissioner of the Company;

     5.   The Meeting was attended in-person by Mr. Hasan M. Soedjono the Independent
          Commissioner of the Company;

     6.   The Meeting was attended in-person by Mr. Bunjamin Jonatan Mailool as the President
          Director of the Company;

     7.   The Meeting was attended in-person by Mr. Monish Manohar Mansukhani as the Vice
          President Director of the Company;

     8.   The Meeting was attended in-person by Ms. Herni Dian Anggreani the Independent
          Director of the Company;

     9.   The Meeting was also attended by the supporting professionals, particularly the Notary
          represented by Ms. Ir. Nanette Cahyanie Handari Adi Warsito, S.H., as attended in-
          person, Public Accounting Firm of Rintis, Jumadi, Rianto and Partner (the member of
          PricewaterhouseCoopers) represented by Mr. Andry Atmadja and Ms. Indah Andriani
          as attended in person, Law Firm of Hadiputranto, Hadinoto, and Partners, represented
          by Mr. Iqbal Darmawan as attended in-person, and Share Registrar of PT Sharestar
          Indonesia represented by Mr. Soeroto as attended in-person.

E.   Question and Answer Session
     The shareholders and/or their proxies were given the opportunity to raise questions and/or
     give opinions related to the Meeting Agenda discussed with the mechanism:

     1.   Fill out the question form that has been distributed along with the Meeting Rules,
          including the name and number of shares owned or represented and affix signatures
          for each Shareholder or their legal proxy who attends the Meeting physically.

     2.   Send questions via the chat box feature on the eASY.KSEI application to each
          shareholder or their proxies who attend electronically.


F.   Mechanism of the Meeting and Decision Making
     1. The Chairman of the Meeting conveyed that the Meeting was conducted in
        accordance with the Meeting rules of conduct which has been informed and
        presented on the screen presentation to all shareholders and their proxies, and can be
        accessed, such as, on the Company’s website by the shareholders or their proxies
        since the date of the invitation to the meeting. The Meeting rules of conduct contain


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           quorum attendance, requirements of decision making, procedures for submitting
           question, and voting procedures.

     2.    After the Board of Directors and the Board of Commissioners provided the description
           and explanation, the shareholders and their proxies were given the opportunity to raise
           questions and/or give opinions. If there are no further questions and/or opinions, the
           Meeting will proceed with making decisions on the Company's proposals electronically
           (e-Voting) through the eASY.KSEI application, and for shareholders who are physically
           present are asked to raise their hands when voting "disagree" or "abstain".

     3.    The “abstain” vote is deemed to be the same as the majority vote of the shareholders.

G.   Resolutions of the Meeting
     From the voting result, Meeting has decided the following resolutions:

     1. The First Agenda
        Present votes         : 1.704.467.856 shares
        Non-affirmative votes : 116.757.538 shares
        Abstain votes         : 1.606.200 shares
        Affirmative votes     : 1.587.710.318 shares (93,149%)

          Therefore, The Meeting with the majority votes resolved as follows:
          a. To approve the transfer of treasury shares through the withdrawal of 31,000,000
              (thirty-one million) shares, representing all shares repurchased by the Company
              based on the implementation of the Company’s share buyback conducted up to 9
              April 2026, by way of a reduction of the Company’s issued and paid-up capital.

          b.   To approve the amendment to Article 4 paragraphs (2) and (3) of the Company’s
               Articles of Association concerning the Company’s issued and paid-up capital.

          c.   To grant authority and power to the Board of Directors, with the right of substitution,
               to take all necessary actions in connection with the resolutions of this Meeting
               agenda, including to compile and restate the entire Articles of Association of the
               Company in a notarial deed and to submit the same to the competent authorities
               to obtain approval and/or acknowledgment of receipt of notification of the
               amendment to the Articles of Association, and to take any and all actions deemed
               necessary and useful for such purposes without exception, including to make
               additions and/or amendments to the Articles of Association if required by the
               competent authorities in accordance with the prevailing laws and regulations.

          d.   To approve that, in the event the reduction of the Company’s issued and paid-up
               capital does not obtain approval from the Ministry of Law and Human Rights, the
               resolution under the First Agenda concerning the approval of the transfer of treasury
               shares through withdrawal by way of a reduction of the Company’s issued and
               paid-up capital shall be null and void by operation of law without requiring further
               approval from the General Meeting of Shareholders (GMS), and accordingly Article
               4 paragraphs (2) and (3) of the Company’s Articles of Association shall remain
               unchanged, such that the Company’s issued and paid-up capital shall remain as
               originally stated.



     2. The Second Agenda
        Present votes     : 1.704.467.856 shares


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Non-affirmative votes : 116.226.738 shares
Abstain votes         : 1.606.200 shares
Affirmative votes     : 1.588.241.118 shares (93,181%)

Therefore, The Meeting unanimously resolved as follows:
a. To approve the change of the Company’s name from “PT Matahari Department Store
    Tbk.” to “PT MDS Retailing Tbk.”, and accordingly amend Article 1 paragraph (1) of the
    Company’s Articles of Association regarding the Company’s name, with the provision
    that in the event the proposed Company name does not obtain approval from the
    Ministry of Law and Human Rights and/or other relevant authorities, the Board of
    Directors of the Company, under the supervision of the Board of Commissioners, shall
    be authorized and empowered to determine and use an alternative name with similar
    substance, without requiring further approval from the General Meeting of
    Shareholders (GMS).

b.   To approve the amendment to the provisions of the Company’s Articles of Association
     concerning the authority to represent the Company, and accordingly amend Article
     14 paragraph (14) of the Company’s Articles of Association, as follows:
     Currently reads:
     “The President Director and the Vice President Director or one (1) other member of the
     Board of Directors, acting jointly, shall be entitled to act for and on behalf of the Board
     of Directors and represent the Company. In the event the President Director is absent
     for any reason whatsoever without the need to prove such absence to any party, the
     Vice President Director and two (2) members of the Board of Directors, acting jointly,
     shall be entitled to act for and on behalf of the Board of Directors and represent the
     Company. In the event both the President Director and the Vice President Director are
     absent for any reason whatsoever without the need to prove such absence to any
     party, three (3) members of the Board of Directors, acting jointly, shall be entitled to act
     for and on behalf of the Board of Directors and represent the Company.”
     To be amended to read:
     “The President Director and the Vice President Director or one (1) other member of the
     Board of Directors, acting jointly, shall be entitled to act for and on behalf of the Board
     of Directors and represent the Company. In the event the President Director is absent
     for any reason whatsoever without the need to prove such absence to any party, the
     Vice President Director and one (1) member of the Board of Directors, acting jointly,
     shall be entitled to act for and on behalf of the Board of Directors and represent the
     Company. In the event both the President Director and the Vice President Director are
     absent for any reason whatsoever without the need to prove such absence to any
     party, one (1) member of the Board of Directors together with two (2) attorneys-in-fact
     appointed by the President Director and the Vice President Director, acting jointly, shall
     be authorized to act for and on behalf of the Board of Directors and represent the
     Company.”

c.   To approve the amendment and accordingly restate the Company’s Articles of
     Association in connection with the changes as referred to in the above resolutions.

d.   To grant authority and power to the Board of Directors, with the right of substitution, to
     take all necessary actions in connection with the implementation of the resolutions of
     this Meeting, including to draft and restate the resolutions under the Second Agenda
     regarding the change of the Company’s name, the amendment to the duties and
     authorities of the Board of Directors, and/or the amendment to the Company’s Articles
     of Association, as well as to compile and restate the entire Articles of Association of the
     Company in a notarial deed, and to submit the same to the competent authorities to
     obtain approval and/or acknowledgment of receipt of notification of the amendment
     to the Articles of Association, to make notifications, reports, and announcements to the
     relevant authorities and other parties, to appear before any authorized officials and
     parties to provide explanations and respond to inquiries, and to take any and all

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actions deemed necessary and useful for such purposes without exception, as required
under the prevailing laws and regulations.


                        Jakarta, April 15, 2026
                   PT Matahari Department Store Tbk
                          Board of Directors




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