20240116_TIFA_Ringkasan Risalah//Risalah RUPS_31569060_lamp3.pdf

H. Meeting Result
   a. Approved changes to the composition of the Company’s Board of Directors as
       follows :
       i. Appointed the President Director of the Company Mr. Cho Jaeseong for a period of
          2 (two) years from the closing of this Meeting, namely until the closing of the
          Company’s Annual General Meeting of Shareholders in 2026;
      ii. Honorably discharged the President Director of the Company, Mr. Kim Kang Soo
          with thanks for the contribution made, starting from the closing of this Meeting.

       Based on the decisions of letters a point i and ii above, starting from the closing of
       this Meeting, the composition of the Board of Directors, Board of Commissioners and
       Sharia Supervisory Board are as follows :

       Board of Directors
       President Director                   : Mr. Cho Jaeseong***)
       Director                             : Mrs. Ester Gunawan*)
       Director                             : Mr. Kim Kyung Woo*)
       Director                             : Mrs. Ina Dashinta Hamid*)

       Board of Commissioners
       President Commissioners              : Mr. Kwon Younghoon**)
       Independent Commissioners            : Mr. Choi Jung Sik***)
       Independent Commissioners            : Mr. Antonius Hanifah Komala*)

       Sharia Supervisory Board             : Mr. Jaenal Effendi***)

       Details :
       *)      with a term of period until the closing of the Company’s Annual General
               Meeting of Shareholders in 2024;
       **)     with a term of period until the closing of the Company’s Annual General
               Meeting of Shareholders in 2025;
       ***) with a term of period until the closing of the Company’s Annual General
               Meeting of Shareholders in 2026.

    b. Approved and gave full power and authority with substitution rights to the Board of
       Directors of the Company, either individually or jointly, to take all necessary actions
       in connection with the decision of this Meeting regarding the composition of the
       members of the Board of Directors, Board of Commissioners and Sharia Supervisory
       Board of the Company, in a deed made before Notary, including stating/declare the
       composition of the Board of Directors, Board of Commissioners and Sharia
       Supervisory Board of the Company, after the closing of this Meeting, and
       subsequently notify the Minister of Law and Human Rights of the Republic of
       Indonesia and do all things deemed necessary including but not limited to
       reporting/notification obligations to the competent authorities in accordance with
       applicable regulations.

                                 Jakarta, January 16, 2024
                              PT KDB TIFA FINANCE Tbk
                                 The Board of Directors