20231115_TOBA_Pemanggilan RUPS_31519535_lamp2.pdf

   Number 16/POJK.04/2020 regarding the Implementation of the Electronic General Meeting of
   Shareholders of Public Companies (“POJK 16”), and the Article of Association of the Company.
   Thus, the Shareholders’ participation in the Meeting can be conducted by choosing one of the
   following mechanisms:
   a. Attend the meeting physically; or
   b. Attend the Meeting electronically through the eASY.KSEI Application; or
   c. Attend by authorizing the proxy either through the Electronic Power of Attorney or with the
         Conventional Power of Attorney as referred to in point 4 below.

3. The Shareholder who are eligible to attend or be represented in the Meeting, whether physically or
   electronically, are the Company’s Shareholders - whose shares are in KSEI’s collective custody
   (scriptless) or Shareholders whose shares are not in Kustodian Sentral Efek Indonesia (“KSEI”)
   collective custody (script) - whose names are registered in the Register of Shareholders of the
   Company on November 14, 2023 until 16:00 pm (recording date) (“the Shareholders”).

4. The Company’s Shareholders which will attend the Meeting by granting power of authority
   mechanism, the Company provide the granting power of authority mechanism as follows:
    a. Electronic Power of Attorney.
       The Shareholders may provide electronic power of attorney (“e-Proxy”) to the Securities
       Administration Bureau (“BAE”) PT Datindo Entrycom, through the Electronic General Meeting
       System KSEI (eASY.KSEI) facility, using the link https://akses.ksei.co.id at the latest 1 (one)
       working day before the Meeting is held: December 6, 2023 at 12.00 WIB. Guidelines for
       registration, usage, and further explanation in regards to eASY.KSEI may be accessed in
       eASY.KSEI Application.
    b. Conventional Power of Attorney.
       The Shareholders may grant power of attorney to an Independent Party appointed by the
       Company, BAE, or other party appointed by the Shareholders, with due observance to the
       following provisions:
          i). Form of Power of Attorney can be downloaded in the Company’s website using the link
              www.tbsenergi.com and the original Power of Attorney must be sent to the office of the
              Company, addressed at Treasury Tower Lantai 33, District 8 SCBD Lot. 28 Jl. Jend.
              Sudirman Kav.52-53, South Jakarta 12190 or to BAE: PT Datindo Entrycom, Jalan
              Hayam Wuruk Number 28, Jakarta 10120. The scanned copy of the Power of Attorney
              must be received by electronic mail corsec@tbsenergi.com, at the latest 1 (one) working
              day before the Meeting is held: December 6, 2023 at 12.00 WIB, without prejudice the
              Company’s policy, attached with supporting document as mentioned in point iii) and iv)
              below.
         ii). Shareholders can also provide their power of attorney at the venue for the Meeting by
              bringing and submitting a copy of their valid identification to the registration officer.
        iii). For individual Shareholders, the granting of power of attorney must include a photocopy
              of the valid identity copy of the Shareholder and the attorney.
       iv). For shareholders in the form of legal entities, the granting of power of attorney must
              include a photocopy of the latest articles of association, photocopy of the latest deed of
              appointment of members of the Board of Directors and Board of Commissioners, proof of
              approval/reporting from/to Minister of Law and Human Rights of Republic of Indonesia
              regarding the articles of association and appointment of members of the Board of
              Directors and Board of Commissioners, as well as a valid copy of identity of the
              authorized representative of the grantor and the attorney.
         v). If the Power of Attorney for Shareholders is signed:
                - within the territory of the Republic of Indonesia, the Power of Attorney must be
                   affixed with 1 (one) IDR10,000 stamp duty and the Grantor's signature must be
                   dated on the stamp;
                - outside the territory of Indonesia, the Power of Attorney must be legalized by the
                   local Notary and by the Embassy of the Republic of Indonesia or the closest
                   consular to the place where the power of attorney was signed or apostille by the
                   competent authority in the local country.
       vi). Members of the Board of Directors, the Board of Commissioners and employees of the

               Company may act as proxies in the Meeting, however, the votes they cast as proxies in
               the Meeting are not counted in voting. In the event that the Power of Attorney is done
               electronically, members of the Board of Directors, the Board of Commissioners and
               employees of the Company cannot act as proxies.

 5. For Shareholders who choose to attend the Meeting electronically through the eASY.KSEI
    Application, the following provisions will be applied:
     a. Shareholders can confirm their electronic attendance and cast their vote through the
         eASY.KSEI Application from the date of the Meeting’s Invitation the date of the Meeting:
         December 7, 2023 at the closing of the electronic registration of the Meeting by the Company.
     b. In the event that the Shareholders and/or their authorized Proxies fail to carry out or are late in
         conducting the electronic registration process as referred to in number 5, they will be considered
         not present in the Meeting and will not be counted as a quorum for the attendance of the
         Meeting.

 6. For Shareholders or their proxies who choose to attend the Meeting physically, then prior to
    attending the Meeting room, the Shareholders or their proxies attending the Meeting are required to
    register with the registration officers and submit:
    a. for Individual Shareholder, a copy of his/her Identity Card (Kartu Tanda Penduduk) or other form
        of identification;
    b. for Shareholders, which are Legal Entities, please include the documents referred to in point 4.b.
        iv) above.

 7. Shareholders or their proxies who have been registered in the eASY.KSEI Application can view the
    ongoing Meeting via Webinar Zoom through link https://akses.ksei.co.id by accessing eASY.KSEI
    menu in “Tayangan RUPS” submenu, with the following provisions:
    a. Shareholders or their proxies have been registered in the eASY.KSEI Application;
    b. Tayangan RUPS has the maximum capacity of 500 participants, so that the attendance of each
        participant will be determined based on the first come first served method;
    c. Shareholders or their proxies who have been registered in the eASY.KSEI Application but do
        not have the opportunity to view the ongoing Meeting via Webinar Zoom Tayangan RUPS are
        considered valid to be present electronically and their share ownership and voting choices will
        be counted as a quorum for the attendance of the Meeting;
    d. Shareholders or their proxies are advised to use Mozilla Firefox browser to get the best
        performance and appearance in using the eASY.KSEI Application and/or Tayangan RUPS, in
        accordance with the recommendations from KSEI.

 8. In the event after the date of this Invitation there are operational technical changes to the eASY.KSEI
    application or changes to KSEI regulations, guidelines and/or explanations related to holding
    electronic Meetings via eASY.KSEI application, then these changes apply to the implementation of
    the Meeting, and all arrangements in this note is related to the electronic holding of the Meeting via
    the eASY.KSEI application which is considered to be adjusted to these changes.

 9. Meeting materials are available from the date of the Meeting’s Invitation and can be downloaded in
    the Company's website www.tbsenergi.com. The Company does not provide the hardcopy of
    Meeting’s materials to the Shareholders at the time of the Meeting.

10. Any questions related to the Meeting’s Agenda can be submitted through electronic mail
    corsec@tbsenergi.com or conveyed in the Meeting. As long as these questions are relevant, they
    will be read out during the discussion of the Meeting agenda.

11. The Shareholders or the Attorney who will attend the Meeting physically are expected to be present
    at the venue 30 (thirty) minutes prior to the commencement of the Meeting.

12. Other matters that have not been regulated in this Invitation to the Meeting will be determined and
    regulated later in the Meeting Rules which will be available on the eASY.KSEI Application and the
    Company's website www.tbsenergi.com.



                                      Jakarta, November 15, 2023
                                        The Board of Directors
                                       PT TBS Energi Utama Tbk
                         Address: Treasury Tower level 33, District 8 SCBD Lot.28
                    Jl. Jend. Sudirman Kav.52-53, Jakarta Selatan 12190, Indonesia
                           Phone. (+6221) 5020 0353, Fax. (+6221) 5020 0352
                      E-mail: corsec@tbsenergi.com, website: www.tbsenergi.com