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20231127_MEDC_Jadwal Aksi Korporasi (Khusus Penyampaian Dividen Interim)_31542577_lamp2.pdf
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PT MEDCO ENERGI INTERNASIONAL Tbk
ANNOUNCEMENT
TO THE SHAREHOLDERS
ON THE SCHEDULE AND PROCEDURES
FOR THE DISTRIBUTION OF INTERIM DIVIDENS FOR THE 2023 FINANCIAL YEAR
In regard to the Circular Resolution in Lieu of a Meeting of the Board of Commissioners and the Board of Directors of PT Medco Energi Internasional Tbk
(the “Company”), respectively on 17 November 2025 (“BOC and BOD Approval”), hereby announced to the shareholders of the Company that the Board
of Commisioners and the Board of Directors has approved and decided to distribute interim dividend in the amount of IDR 15/share or in the máximum
aggregate amount of USD25.000.000 (twenty five million United States Dollar) before the end of the 2023 financial year (“Interim Dividend”) derived
from the Company's net profit in the last 9 month period ending on 30 September 2023. The distribution of the Dividend Interim is implemented based
on Article 71 of Law No. 40 of 2007 on Limited Liability Company as amended with Law No. 6 of 2023 concerning the Stipulation of Government Regulations
in Lieu of Law No. 2 of 2022 concerning Job Creation into Law (“Companies Law”), Decree of the Board of Directors of the PT Bursa Efek Indonesia No.
Kep-00077/BEI/09-2021 on the Amendement of the Implementation Provisions for the Distribution of Share Dividends, the Distribution of Bonus Shares,
and the Distribution of Interim Dividends, as well as Article 23 of the Company’s Articles of Association.
Furthermore, in accordance with the provision of Article 40 paragraph (2) of the Companies Law, shares owned by the Company as a result from the
shares buyback (treasury shares) are not entitled to receive dividends.
The schedule and procedures for the Interim Dividend distribution are as follows:
A. Schedule of the Interim Dividend Distribution:
Description Date
BOC and BOD Approval 17 November 2023
Announcement of the schedule and procedures of the Interim
Dividend distribution 21 November 2023
Recording Date 1 December 2023
Regular and Negotiated Market 29 November 2023
Cum Dividend
Cash Market 1 December 2023
Regular and Negotiated Market 30 November 2023
Ex Dividend
Cash Market 4 December 2023
Announcement of the USD exchange rate 1 December 2023
Dividend Interim distribution 15 December 2023
B. Procedures of the Interim Dividend Distribution:
1. Interim Dividend will be distributed to the shareholders whose names are recorded in the Companys’s Shareholders Register (Recording Date) on 1
December 2023 until 4 pm Western Indonesian Time.
2. For the scripless shareholders who are Indonesian nationals or foreign nationals but domiciled in Indonesia, the Interim Dividend payments will be
made in Rupiah, with a value equivalent to dividends paid in United States Dollars (“US Dollars”) based on the middle exchange rate determined by
Bank Indonesia on the recording date on 1 December 2023.
3. For the scripless shareholders who are foreign citizen or Indonesian citizen but domiciled outside Indonesia, the Interim Dividend payments will be
made in US Dollars.
4. For the scripless shareholders registered in the Collective Custody at PT Kustodian Sentral Efek Indonesia (“KSEI”), the Interim Dividend payments
will be made through KSEI and subsequently KSEI will distribute to the shareholders’ account at KSEI.
5. For the script shareholders, Interim Dividend payments in Rupiah are made through the Company's Share Registrar which is PT Sinartama Gunita
(”Share Registrar”). Interim Dividend payments will be transferred to the shareholders' accounts, based on accounts list registered in the Share
Registrar.
6. The distribution of Interim Dividend is subject to the applicable tax based on the prevailing regulations which the Company must withhold. Evidence
of the withholding tax can be collected at the Share Registrar’s office.
7. Shareholders who are Domestic Taxpayers in the form of legal entities that have not included their Taxpayer Identification Number (NPWP) are
requested to submit their NPWP to KSEI or Share Registrar no later than 1 December 2023 at 4 pm Western Indonesian Time. Without the inclusion
of NPWP, the Interim Dividend paid to the Indonesian legal entities will be subject to income tax of 30% (thirty percent).
8. Withholding tax on interim dividends received in US Dollars will be imposed by converting the rate of the Interim Dividend into Rupiah using the
prevailing exchange rate of the Minister of Finance on the recording date.
9. Shareholders who are Foreign Taxpayers, whose tax withholding will use a rate based on the Double Taxation Avoidance Agreement (P3B), must
comply with the requirements of Article 26 of Law no. 36 of 2008 concerning the Fourth Amendment to Law no. 7 of 1983 concerning Income Tax
and submitting a Certificate of Domicile to KSEI or Share Registrar (as applicable), using the format as required in the Regulation of the Directorate
General of Taxes no. 61/PJ/2009 dated 5 November 2009 and in accordance with the prevailing regulations at KSEI as stated in the Circular Letter
No. SE-001/DIR-eks/0110 dated 11 January 2010, no later than 1 December 2023 at 4 pm Western Indonesian Time. Without the Certificate of
Domicile with the agreed format, the Interim Dividend paid will be subject to Article 26 Income Tax of 20% (twenty percent).
This announcement is an official notification from the Company, and therefore, the Company does not issue a separate notification letter to the
shareholders.
Jakarta, 21 November 2023
PT Medco Energi Internasional Tbk
Board of Directors
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