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Page 1
                                                Table of Amendments to the BCA Articles of Association 2026


                         Relevant Article
                                               Provisions of BCA’s Articles of Association prior              Provisions of BCA’s Articles of Association after
No.       Topic        of the AoA prior to
                                                              to the Amendment                                                 Amendment
                         the Amendment
1.      Aims and       Article 3 paragraph 2   In order to achieve the above purpose and objective,        In order to achieve the above purpose and objective, the
      Objectives and                           the Company may undertake the following business            Company may undertake the following main business
        Business                               activities:                                                 activities:
                                               a. to raise public funds in the forms of deposits such       a. to raise public funds in the forms of deposits such as
        Activities
                                                     as checking accounts (giro), time deposits,                checking accounts (giro), time deposits, deposit
                                                     deposit certificates (sertifikat deposito), savings        certificates (sertifikat deposito), savings and/or any
                                                     and/or any other deposits of similar nature;               other deposits of similar nature;
                                               b. to provide credit facilities;                            b. to provide credit facilities;
                                               c. to issue debt acknowledgment letters;                    c. to issue debt acknowledgment letters;
                                               d. to purchase, sell, or underwrite, whether at its own     d. to purchase, sell, or underwrite, whether at its own risk
                                                     risk or for the benefit of or at the request of its        or for the benefit of or at the request of its customers,
                                                     customers, the following:                                  the following:
                                                    i. drafts, including drafts accepted by a bank             i. drafts, including drafts accepted by a bank with a
                                                         with a validity period not more than the period             validity period not more than the period generally
                                                         generally applicable in normal practice for the             applicable in normal practice for the trading of such
                                                         trading of such instruments;                                instruments;
                                                    ii. debt acknowledgment letters and other                  ii. debt acknowledgment letters and other commercial
                                                         commercial papers, with a validity period not               papers, with a validity period not exceeding the
                                                         exceeding the period generally applicable in                period generally applicable in normal practice for
                                                         normal practice for the trading of such                     the trading of such instruments;
                                                         instruments;
                                                    iii. State treasury notes and government                   iii. State treasury notes and government guarantees;
                                                         guarantees;
                                                    iv. Bank Indonesia Certificates (SBI)                       iv. Bank Indonesia Certificates (SBI)
                                                    v. Bonds;                                                   v. Bonds;
                                                    vi. Commercial papers with maturity periods, in             vi. Commercial papers with maturity periods, in
                                                         accordance with the prevailing laws and                     accordance with the prevailing laws and
                                                         regulations;                                                regulations;
                                                    vii. Other negotiable papers with maturity                  vii. Other negotiable papers with maturity periods, in
                                                         periods, in accordance with the prevailing                  accordance with the prevailing laws and
                                                         laws and regulations.                                       regulations.
                                               e. to transfer funds, whether for its own benefit or for    e. to transfer funds, whether for its own benefit or for the
                                                  the benefit of its customers;                               benefit of its customers;
                                               f. to place funds at, to borrow funds from, or to lend      f. to place funds at, to borrow funds from, or to lend funds
                                                  funds to other banks, whether by letter, by                 to other banks, whether by letter, by telecommunication
                                                  telecommunication equipment, or by bearer draft,            equipment, or by bearer draft, cheque or by any other
                                                  cheque or by any other means;                               means;

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Page 2
                                                Table of Amendments to the BCA Articles of Association 2026


                         Relevant Article
                                               Provisions of BCA’s Articles of Association prior              Provisions of BCA’s Articles of Association after
No.       Topic        of the AoA prior to
                                                              to the Amendment                                                 Amendment
                         the Amendment
        Aims and       Article 3 paragraph 2   g. to receive payments of receivables from                  g. to receive payments of receivables from commercial
      Objectives and                              commercial papers and make calculations with or             papers and make calculations with or among third
        Business                                  among third parties;                                        parties;
                                               h. to provide a safe deposit box facility for safekeeping   h. to provide a safe deposit box facility for safekeeping of
        Activities
                                                  of valuable goods or documents;                             valuable goods or documents;
                                               i. to engage in custodial activities for the benefit of     i. to engage in custodial activities for the benefit of other
       (continued)
                                                  other parties under a contract;                             parties under a contract;
                                               j. to conduct a placement of funds from one customer        j. to conduct a placement of funds from one customer with
                                                  with another customer in the form of commercial             another customer in the form of commercial papers not
                                                  papers not listed on the stock exchange;                    listed on the stock exchange;
                                               k. to provide factoring (anjak piutang), credit card and    k. to provide factoring (anjak piutang), credit card and
                                                  trusteeship services;                                       trusteeship services;
                                               l. to provide financing and/or conduct business             l. to provide financing and/or conduct business activities
                                                  activities under the Sharia Principle, whether              under the Sharia Principle, whether through the
                                                  through the establishment of a subsidiary or                establishment of a subsidiary or through the formation of
                                                  through the formation of a Sharia Business Unit in          a Sharia Business Unit in accordance with the rules and
                                                  accordance with the rules and regulations issued            regulations issued by the central bank (Bank Indonesia)
                                                  by the central bank (Bank Indonesia) or the                 or the Financial Services Authority or any other
                                                  Financial Services Authority or any other                   competent authorities.
                                                  competent authorities.
                                               m. to carry out foreign exchange activities in              m. to carry out foreign exchange activities in accordance
                                                  accordance with the rules and regulations issued            with the rules and regulations issued by the central bank
                                                  by the central bank (Bank Indonesia) or the                 (Bank Indonesia) or the Financial Services Authority or
                                                  Financial Services Authority or any other                   any other competent authorities;
                                                  competent authorities;
                                               n. to conduct capital participation in a bank or any        n. to conduct capital participation in a bank or any other
                                                  other company in the financial sector, such as a            company in the financial sector, such as a leasing
                                                  leasing company, venture capital company,                   company, venture capital company, securities company,
                                                  securities company, insurance company, and the              insurance company, and the clearing, depository and
                                                  clearing, depository and settlement institution,            settlement institution, subject to the rules and regulations
                                                  subject to the rules and regulations issued by the          issued by the central bank (Bank Indonesia) or the
                                                  central bank (Bank Indonesia) or the Financial              Financial Services Authority or any other competent
                                                  Services Authority or any other competent                   authorities;
                                                  authorities;
                                               o. to conduct temporary capital participation for the       o. to conduct temporary capital participation for the
                                                  purpose of dealing with credit failures, provided that      purpose of dealing with credit failures, provided that such
                                                  such participation must be later withdrawn, subject         participation must be later withdrawn, subject to the rules

                                                                                 2
Page 3
                                                Table of Amendments to the BCA Articles of Association 2026


                         Relevant Article
                                               Provisions of BCA’s Articles of Association prior             Provisions of BCA’s Articles of Association after
No.       Topic        of the AoA prior to
                                                              to the Amendment                                                Amendment
                         the Amendment
        Aims and       Article 3 paragraph 2      to the rules and regulations issued by the central         and regulations issued by the central bank (Bank
      Objectives and                              bank (Bank Indonesia) or the Financial Services            Indonesia) or the Financial Services Authority or any
        Business                                  Authority or any other competent authorities;              other competent authorities;
                                               p. to act as the founder (pendiri) and manager             p. to act as the founder (pendiri) and manager (pengurus)
        Activities
                                                  (pengurus) of a pension fund in accordance with the        of a pension fund in accordance with the existing rules
       (continued)                                existing rules and regulations on pension funds;           and regulations on pension funds; and
                                                  and
                                               q. to engage in other activities generally conducted by    q. to engage in other activities generally conducted by
                                                  banks to the extent permitted by the prevailing laws       banks to the extent permitted by the prevailing laws and
                                                  and regulations, including among others, any               regulations, including among others, any measures for
                                                  measures for the purpose of restructuring or credit        the purpose of restructuring or credit rescue, such as
                                                  rescue, such as acquiring collateral, whether in part      acquiring collateral, whether in part or in whole, by
                                                  or in whole, by auction or by other means, if a            auction or by other means, if a debtor defaults on its
                                                  debtor defaults on its obligations to the bank,            obligations to the bank, provided that the collateral so
                                                  provided that the collateral so acquired must be           acquired must be realized upon as soon as practicable.
                                                  realized upon as soon as practicable.


2.      Aims and             Article 3                                  (N/A)                             3. To support the Company’s main business activities, the
      Objectives and                                                                                         Company may engage in other supporting business
        Business                                                                                             activities generally conducted by banks, provided that
                                                                                                             such activities do not conflict with the prevailing laws
        Activities
                                                                                                             and regulations.



3.       Capital       Article 4 paragraph 6   g. The increase in the paid-up capital shall become        g. The increase in the paid-up capital shall become
                               letter g           effective after the actual payment has been made        effective after the actual payment has been made and the
                                                  and the issued shares shall have the same rights        issued shares shall have the same rights as any other
                                                                                                          shares of the same class issued by the Company, without
                                                  as any other shares of the same class issued by
                                                                                                          prejudice to the Company’s obligation to file the necessary
                                                  the Company, without prejudice to the Company’s         notice of such capital increase to the minister in charge of
                                                  obligation to file the necessary notice of such         administering government affairs in the field of law or any
                                                  capital increase to the Minister of Law and Human       other competent authority.
                                                  Rights of the Republic of Indonesia or any other
                                                  competent authority.


                                                                                 3
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                                             Table of Amendments to the BCA Articles of Association 2026


                      Relevant Article
                                            Provisions of BCA’s Articles of Association prior              Provisions of BCA’s Articles of Association after
No.     Topic       of the AoA prior to
                                                           to the Amendment                                                 Amendment
                      the Amendment
4.      Capital     Article 4 paragraph 9   9. An increase in the authorized capital that causes      9. An increase in the authorized capital that causes the
                        letters b and c     the subscribed and paid-up capital to become less         subscribed and paid-up capital to become less than 25%
      (continued)                           than 25% (twenty-five percent) of the authorized          (twenty-five percent) of the authorized capital shall be
                                            capital shall be permitted, provided that:                permitted, provided that:
                                             a. …                                                     a. …
                                             b. such capital increase has obtained the approval       b. such capital increase has obtained the approval of the
                                                 of the Minister of Law and Human Rights of the           minister in charge of administering government affairs
                                                 Republic of Indonesia or any other competent             in the field of law or any other competent authority;
                                                 authority;
                                             c. the increase in the subscribed and paid-up capital    c.    the increase in the subscribed and paid-up capital to at
                                                 to at least 25% (twenty-five percent) of the               least 25% (twenty-five percent) of the authorized
                                                 authorized capital must be made no later than 6            capital must be made no later than 6 (six) months after
                                                 (six) months after the approval of the Minister of         the approval of the minister in charge of administering
                                                 Law and Human Rights of the Republic of                    government affairs in the field of law or any other
                                                 Indonesia or any other competent authority as              competent authority as referred to in paragraph 9.b of
                                                 referred to in paragraph 9.b of this Article 4;            this Article 4;
                                                 …                                                          …


                    Article 4 paragraph     10. Any amendment of the Articles of Association for      10. Any amendment of the Articles of Association for the
5.                                          the purpose of increasing the authorized capital shall    purpose of increasing the authorized capital shall become
                    10
                                            become effective after the paid-up capital has reached    effective after the paid-up capital has reached at least 25%
                                            at least 25% (twenty-five percent) of the authorized      (twenty-five percent) of the authorized capital and such
                                            capital and such shares shall have the same rights as     shares shall have the same rights as other shares issued
                                            other shares issued by the Company, without               by the Company, without prejudice to the Company’s
                                            prejudice to the Company’s obligation to obtain the       obligation to obtain the approval of the minister in charge of
                                            approval of the Minister of Law and Human Rights of       administering government affairs in the field of law or any
                                            the Republic of Indonesia or any other competent          other competent authority for the increase in such paid-up
                                            authority for the increase in such paid-up capital.       capital.




                                                                             4
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                                              Table of Amendments to the BCA Articles of Association 2026


                       Relevant Article
                                             Provisions of BCA’s Articles of Association prior               Provisions of BCA’s Articles of Association after
No.      Topic       of the AoA prior to
                                                            to the Amendment                                                  Amendment
                       the Amendment
6.      Share        Article 6 paragraph 1   1. For the Company’s shares that are not held in the         1. For the Company’s shares that are not held in the
      Certificates                               Collective Custody of the Depository and                     Collective Custody of the Depository and Settlement
                                                 Settlement Institution (Lembaga Penyelesaian                 Institution (Lembaga Penyimpanan dan Penyelesaian),
                                                 dan Penyimpanan), the Company shall provide                  the Company shall provide the shareholders with proof
                                                 the shareholders with proof of ownership of the              of ownership of the Company’s shares in the form of a
                                                 Company’s shares in the form of a share                      share certificate or a collective share certificate.
                                                 certificate or a collective share certificate.               …
                                                 …                                                        etc
                                             etc

7.                   Article 6 paragraph 7   7. For the Company’s shares that are held in the             7. For the Company’s shares that are held in the Collective
                                             Collective Custody of the Depository and Settlement          Custody of the Depository and Settlement Institution
                                             Institution      (Lembaga        Penyelesaian         dan    (Lembaga Penyimpanan dan Penyelesaian), the Company
                                             Penyimpanan), the Company shall provide the                  shall provide the Depository and Settlement Institution
                                             Depository and Settlement Institution (Lembaga               (Lembaga Penyimpanan dan Penyelesaian) with a
                                             Penyelesaian dan Penyimpanan) with a certificate or          certificate or a written confirmation as proof of recordation
                                             a written confirmation as proof of recordation in the        in the Company’s Register of Shareholders.
                                             Company’s Register of Shareholders.
                                             The certificate or the written confirmation shall at least
                                             set forth the following:                                     The certificate or the written confirmation shall at least set
                                             a. the name and address of the Depository and                forth the following:
                                                  Settlement Institution or the Custodian Bank that        a. the name and address of the Depository and
                                                  undertakes the Collective Custody;                           Settlement Institution or the Custodian Bank that
                                                                                                               undertakes the Collective Custody;
                                             b. the date of issuance of the written confirmation;          b. the date of issuance of the written confirmation;
                                             c. the number of shares of the Company that are               c. the number of shares of the Company that are identified
                                                identified in the certificate or the written                   in the certificate or the written confirmation;
                                                confirmation;
                                             d. the total nominal value of the Company’s shares           d. the total nominal value of the Company’s shares that
                                                that are identified in the certificate or the written         are identified in the certificate or the written
                                                confirmation;                                                 confirmation;
                                             e. a provision that any share of the company that is         e. a provision that any share of the company that is held
                                                held in the Collective Custody shall have the                 in the Collective Custody shall have the same rights as
                                                same rights as the others of the same class and               the others of the same class and are interchangeable
                                                are interchangeable with one another;                         with one another;



                                                                                5
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                                                  Table of Amendments to the BCA Articles of Association 2026


                      Relevant Article
                                             Provisions of BCA’s Articles of Association prior             Provisions of BCA’s Articles of Association after
No.      Topic       of the AoA prior to
                                                            to the Amendment                                                Amendment
                      the Amendment
                                             f.   the provisions stipulated by the Board of Directors f. the provisions stipulated by the Board of Directors for
                                                  for the alteration of the certificate or the written       the alteration of the certificate or the written
                                                  confirmation.                                              confirmation.
8.     Register of   Article 8 paragraph 2   2. In the Company’s Register of Shareholders, the 2. In the Company’s Register of Shareholders, the
      Shareholders                                following particulars shall be recorded:                  following particulars shall be recorded:
       and Special                               a. the name and address of each shareholder of             a. the name and address of each shareholder of the
        Register                                      the Company;                                              Company;
                                                 b. the number of shares, serial number, and date           b. the number of shares, serial number, and date of
                                                      of obtaining the Company’s shares owned by                obtaining the Company’s shares owned by each
                                                      each Shareholder of the Company;                          Shareholder of the Company;
                                                 c. the name and address of any individual or               c. the name and address of any individual or corporate
                                                      corporate entity holding the right of pledge (hak         entity holding the right of pledge (hak gadai) or other
                                                      gadai) over the Company’s shares and the date             security interests over the Comnpany’s shares and
                                                      of obtaining such right of pledge;                        the date of obtaining such right of pledge or other
                                                                                                                security interests over the Company’s shares;
                                                 d. any other information deemed necessary by               d. any other information deemed necessary by the
                                                      the Board of Directors or the prevailing laws             Board of Directors or the prevailing laws and
                                                      and regulations;                                          regulations; and
                                                 e. information on payment for the Company’s                e. information on payment for the Company’s shares in
                                                      shares in forms other than cash.                          forms other than cash.
9.                   Article 8 paragraph 4   The Company’s shareholders shall notify the Board of The Company’s shareholders shall notify the Board of
                                             Directors of the Company in writing of any change of Directors of the Company in writing of any change of their
                                             their addresses.                                           addresses. As long as the notice has not been made, any
                                                                                                        correspondence addressed to a shareholder shall be
                                                                                                        deemed valid if sent to the shareholder’s latest address as
                                                                                                        recorded in the Register of Shareholders or the Special
                                                                                                        Register.




                                                                               6
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                                           Table of Amendments to the BCA Articles of Association 2026


                    Relevant Article
                                          Provisions of BCA’s Articles of Association prior             Provisions of BCA’s Articles of Association after
No.     Topic      of the AoA prior to
                                                         to the Amendment                                                Amendment
                    the Amendment
10.   Collective   Article 9 paragraph    10. Holders of the securities accounts whose               10. Holders of the securities accounts whose securities are
       Custody              10                securities are recorded in the Collective Custody          recorded in the Collective Custody are entitled to
                                              are entitled to participate and/or cast votes in the       participate and/or cast votes in the General Meeting of
                                                                                                         Shareholders according to the number of shares of the
                                              General Meeting of Shareholders according to the
                                                                                                         Company they own in the securities accounts.
                                              number of shares of the Company they own in the
                                              accounts.




11.   Board of     Article 11 paragraph   2. The members of the Board of Directors shall be          2. The members of the Board of Directors shall be
      Directors              2               appointed by the General Meeting of                        appointed by the General Meeting of Shareholders
                                             Shareholders for a period commencing from the              from candidates who meet the criteria and
                                                                                                        requirements as stipulated under the applicable laws
                                             date stipulated in the General Meeting of
                                                                                                        and regulations, for a period commencing from the date
                                             Shareholders at which such members of the                  stipulated in the General Meeting of Shareholders at
                                             Board of Directors are appointed until the close of        which such members of the Board of Directors are
                                             the 5th (fifth) Annual General Meeting held after          appointed until the close of the 3rd (third) Annual
                                             the General Meeting of Shareholders at which               General Meeting held after the General Meeting of
                                             such members of the Board of Directors are                 Shareholders at which such members of the Board of
                                             appointed.                                                 Directors are appointed.
                                             Any member of the Board of Directors whose term
                                                                                                         The members of the Board of Directors of the Company
                                             of office has expired may be reappointed.                   are required to obtain approval from the Financial
                                                                                                         Services Authority (Otoritas Jasa Keuangan) prior to
                                                                                                         performing their actions, duties, and functions (if
                                                                                                         required under applicable laws and regulations).
                                                                                                         Any member of the Board of Directors whose term of
                                                                                                         office has expired may be reappointed.
12.   Board of             N/A                                     N/A                               16. Members of the Board of Directors who are in charge
      Directors                                                                                          of the Financial Conglomeration management function
                                          (Proposed addition of a new paragraph to be inserted           or unit may concurrently hold positions as directors in
                                           as Article 11 paragraph 16. The existing Article 11 of

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Page 8
                                               Table of Amendments to the BCA Articles of Association 2026


                        Relevant Article
                                              Provisions of BCA’s Articles of Association prior        Provisions of BCA’s Articles of Association after
No.       Topic        of the AoA prior to
                                                             to the Amendment                                           Amendment
                        the Amendment
                                              the Company’s Articles of Association currently only      charge of other functions within the Company and other
                                                      consists of up to paragraph 15)                   positions in accordance with the provisions of
                                                                                                        applicable laws and regulations; however, they are
                                                                                                        prohibited from concurrently holding:
                                                                                                        a. other positions that may give rise to a conflict of
                                                                                                            interest in the performance of their duties as
                                                                                                            members of the Board of Directors responsible for
                                                                                                            the Financial Conglomeration management
                                                                                                            function or unit; and/or
                                                                                                        b. other positions as stipulated under the applicable
                                                                                                            laws and regulations.


13.    Duties and      Article 12 paragraph   1. The Board of Directors shall be fully responsible   1. The Board of Directors shall be fully responsible for the
      Authorities of             1               for the management of the Company in the best          management of the Company in the best interests of
      the Board of                               interests of the Company to achieve the                the Company to achieve the Company’s aims and
        Directors                                Company’s aims and objectives.                         objectives.
                                                 The primary duties of the Board of Directors are       The primary duties of the Board of Directors are as
                                                 as follows:                                            follows:
                                                 a. ...                                                 a. ...
                                                 b. ...                                                 b. ...
                                                 c. ...                                                 c. ...; and
                                                                                                        d. in the context of managing the Financial
                                                                                                             Conglomeration, the duties of the Board of
                                                                                                             Directors   include   implementing      integrated
                                                                                                             corporate governance, risk management, and
                                                                                                             capital adequacy of the Company in accordance
                                                                                                             with applicable regulations, directives of the
                                                                                                             Financial Services Authority (Otoritas Jasa
                                                                                                             Keuangan), and prevailing laws and regulations,
                                                                                                             and submitting reports and information as
                                                                                                             requested by the Financial Services Authority.




                                                                             8
Page 9
                                                 Table of Amendments to the BCA Articles of Association 2026


                         Relevant Article
                                               Provisions of BCA’s Articles of Association prior              Provisions of BCA’s Articles of Association after
No.       Topic         of the AoA prior to
                                                              to the Amendment                                                 Amendment
                         the Amendment
14.     Board of        Article 14 paragraph   2. The members of the Board of Commissioners                 2. The members of the Board of Commissioners shall be
      Commissioners               2               shall be appointed by the General Meeting of                   appointed by the General Meeting of Shareholders
                                                  Shareholders for a period commencing from the                  from candidates who meet the criteria and
                                                                                                                 requirements as stipulated under the applicable laws
                                                  date stipulated by the General Meeting of
                                                                                                                 and regulations, for a period commencing from the
                                                  Shareholders at which such members of the                      date stipulated by the General Meeting of
                                                  Board of Commissioners are appointed until the                 Shareholders at which such members of the Board of
                                                  close of the 5th (fifth) Annual General Meeting held           Commissioners are appointed until the close of the 3rd
                                                  after the General Meeting of Shareholders at                   (third) Annual General Meeting held after the General
                                                  which such members of the Board of                             Meeting of Shareholders at which such members of
                                                  Commissioners are appointed.                                   the Board of Commissioners are appointed. The
                                                                                                                 members of the Board of Commissioners of the
                                                  Any member of the Board of Commissioners
                                                                                                                 Company are required to obtain approval from the
                                                  whose term of office has expired may be                        Financial Services Authority prior to performing their
                                                  reappointed.                                                   actions, duties, and functions (if required under the
                                                                                                                 applicable laws and regulations).
                                                                                                               Any member of the Board of Commissioners whose
                                                                                                               term of office has expired may be reappointed.
15.   Amendment of      Article 27 paragraph   2. Any amendment to the Articles of Association that         2. Any amendment to the Articles of Association that
      the Articles of          2 and 3            concerns the change of the Company’s name,                    concerns the change of the Company’s name, place of
       Association                                place of domicile, aims and objectives, business              domicile, aims and objectives, business activities,
                                                  activities, duration, amount of authorized capital,           duration, amount of authorized capital, reduction in the
                                                  reduction in the subscribed and paid-up capital               subscribed and paid-up capital and change of the
                                                  and change of the Company’s status from a                     Company’s status from a private company to a public
                                                  private company to a public limited company or                limited company or vice versa, must obtain the
                                                  vice versa, must obtain the approval of the                   approval of the minister in charge of administering
                                                  Minister of Law and Human Rights of the Republic              government affairs in the field of law or any other
                                                  of Indonesia or any other competent authority.                competent authority.
                                               3. Any amendment to the Articles of Association that         3. Any amendment to the Articles of Association that
                                                  concerns any matters other than those described               concerns any matters other than those described in
                                                  in paragraph 2 of this Article 27 shall be sufficiently       paragraph 2 of this Article 27 shall be sufficiently
                                                  notified to the Minister of Law and Human Rights              notified to the minister in charge of administering
                                                  of the Republic of Indonesia or any other
                                                  competent authorities.


                                                                                  9
Page 10
                                            Table of Amendments to the BCA Articles of Association 2026


                     Relevant Article
                                           Provisions of BCA’s Articles of Association prior           Provisions of BCA’s Articles of Association after
No.     Topic       of the AoA prior to
                                                          to the Amendment                                              Amendment
                     the Amendment
                                                                                                        government affairs in the field of law or any other
                                                                                                        competent authority.

16.   Dissolution   Article 29 paragraph   6. The liquidator shall notify such dissolution to all   6. The liquidator shall notify such dissolution to all
         and                  6               creditors by announcing it in the Official Gazette       creditors by announcing it in the Official Gazette of the
      Liquidation                             of the Republic of Indonesia and in 1 (one)              Republic of Indonesia and in 1 (one) Indonesian
                                                                                                       language daily newspaper with wide circulation in the
                                              Indonesian language daily newspaper with wide
                                                                                                       territory of the Republic of Indonesia as determined by
                                              circulation in the territory of the Republic of          the Board of Directors, and to the minister in charge of
                                              Indonesia as determined by the Board of                  administering government affairs in the field of law, the
                                              Directors, and to the Minister of Law and Human          Financial Services Authority or other competent
                                              Rights of the Republic of Indonesia, the Financial       authorities, according to the prevailing laws and
                                              Services Authority or other competent authorities,       regulations
                                              according to the prevailing laws and regulations.

17.   Concluding            N/A                                      N/A                            4. The shares of the Company held by the Controlling
      Provisions                           (Proposed addition of a new paragraph to be inserted        Shareholder and/or the Ultimate Controlling
                                             as Article 30 paragraphs 4 & 5, existing Article 30       Shareholder must not be pledged or otherwise offered
                                                                                                       as collateral in favor of any other party. This prohibition
                                                currently only consists of up to paragraph 3)
                                                                                                       shall not apply if the shares owned by the Controlling
                                                                                                       Shareholder and/or the Ultimate Controlling
                                                                                                       Shareholder are pledged or offered as collateral to:
                                                                                                       a. an institution or authority vested with the authority
                                                                                                           to conduct the resolution or handling of problems of
                                                                                                           banks, insurance companies, and sharia insurance
                                                                                                           companies; or
                                                                                                       b. any other institution or authority designated by the
                                                                                                           competent authority.

                                                                                                    5. Members of the Company’s Financial Conglomeration
                                                                                                       are prohibited from becoming shareholders in:
                                                                                                       a. the Company; and/or
                                                                                                       b. a Financial Services Institution that is a member of
                                                                                                           another Financial Conglomeration within the
                                                                                                           Company’s Financial Conglomeration.


                                                                           10
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                                     Table of Amendments to the BCA Articles of Association 2026


               Relevant Article
                                    Provisions of BCA’s Articles of Association prior     Provisions of BCA’s Articles of Association after
No.   Topic   of the AoA prior to
                                                   to the Amendment                                        Amendment
               the Amendment
                                                                                           This share ownership prohibition shall not apply if:
                                                                                           a. the Financial Services Institution that is a member
                                                                                               of the Financial Conglomeration becomes a
                                                                                               minority shareholder in another member of the
                                                                                               Company’s Financial Conglomeration; and/or
                                                                                           b. a Financial Services Institution that is a member of
                                                                                               the Financial Conglomeration becomes a
                                                                                               shareholder of another member of the Financial
                                                                                               Conglomeration within the same Financial
                                                                                               Conglomeration,     in     a      parent–subsidiary
                                                                                               relationship;
                                                                                           in each case, in accordance with the prevailing laws
                                                                                           and regulations.




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Published1 Apr 2026
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Names mentioned 6 people and organisations named in the text · linked when the evidence is strong

possible org Otoritas Jasa Keuangan p.7 ×2
unresolved org Bank Indonesia p.1 ×9
unresolved org Bank Indonesia Certificates p.1 ×2
unresolved org Financial Services Authority p.2 ×11
unresolved org Minister of Law and Human p.3 ×2
unresolved org Minister of Law and Human Rights p.4 ×4

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