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The Jakarta Post                                                                                                WO R L D                                                                                                                                      TUESDAY October 31, 2023                                                  9




UK prepares global                                                                                                      Communal observance


leaders’ gathering on AI
Leaders slam lack of knowledge, regulation
          Clara Lalanne                  tions around certain ideas, such       Dialogue
                                         as launching a new regulatory             Harris, von der Leyen, Guterres
Agence France-Presse/London              body, amid a perceived lack of         and Meloni have all confirmed
The United Kingdom’s govern-             enthusiasm.                            their attendance, but the lack
ment will welcome foreign po-                                                   of world leaders, particularly
litical leaders, tech industry fig-      Bletchley Park                         from Group of Seven countries,
ures, academics and others this             Italian Prime Minister Giorgia      has dominated discussion of the
week for a two-day summit billed         Meloni is one of the only world        summit in the UK.
as the first of its kind on artificial   leaders flying in for the confer-         Sunak’s spokesman insisted “the
intelligence (AI).                       ence, which starts on Wednesday.       right group of countries, the right
    The gathering, set to be attend-        Sunak’s spokesman told re-          businesses” would be present.
ed by Prime Minister Rishi Su-           porters this week that “getting           China will be present, but it is
nak, United States Vice President        all the right people around the        unclear at what level.
Kamala Harris, European Union            table to discuss this important is-       Beijing’s invitation has raised
chief Ursula von der Leyen and           sue” represented “an enormous          eyebrows amid heightened ten-
United Nations Secretary-Gener-          achievement in itself”.                sions with Western nations and
al António Guterres, will focus on          The summit will be held at a        accusations of technological es-                                                                                                                                                                                Reuters/Shannon Stapleton
growing fears about the implica-         deliberately symbolic location:        pionage.                                Mourners take part in a vigil on Sunday for the victims of the deadly mass shooting outside the Basilica of
tions of so-called frontier AI.          Bletchley Park, where top British         Sunak has said “there can be         Saints Peter and Paul, in Lewiston, Maine, the United States. The US Army reservist who sprayed a bowl-
    The most advanced genera-            codebreakers cracked Nazi Ger-         no serious strategy for AI without      ing alley and bar with gunfire last week in Lewiston, killing 18 people, took his own life inside a cargo
tion of AI models have prompted          many’s “Enigma” code, helping          at least trying to engage all of the    trailer parked on the lot of a recycling plant where he once worked, police said on Saturday.
concerns around everything from          to hasten the end of World War II.     world’s leading AI powers”.
job losses and cyberattacks to              It is also the home of the Na-         Although the UK sees itself as
humankind losing control of the          tional Museum of Computing,            the driving force behind interna-
systems they have designed.              home to the world’s largest collec-    tional cooperation on AI, its em-
    Sunak and other leaders have
increasingly joined the industry
                                         tion of working historic computers.
                                            From smartphones to air-
                                                                                phasis on potential disasters has
                                                                                dismayed some players in the            Blocking aid to Gaza could be ‘a crime’: ICC prosecutor
itself in arguing current knowl-         ports, AI is already ubiquitous        sector.
edge and regulation of frontier AI       in everyday life, but its progress        They would prefer to stress ex-
is likely insufficient for the chal-     has accelerated in recent years        isting AI issues, such as a lack of             Agence France-Presse                                              Israel imposed the siege and                                             UN chief António Guterres said
lenges it will pose.                     with the development of frontier       transparency in the models de-                                                                                 unleashed its massive bombing                                            the situation was “growing more
    “My vision, and our ultimate         technologies such as the ChatG-        signed by companies and their           Cairo                                                                  campaign after Hamas gunmen                                              desperate by the hour” as casual-
goal, should be to work towards          PT conversational robot.               racial or gender bias, rather than      The      International     Criminal                                    stormed across the border on Oct.                                        ty numbers increase and essential
a more international approach to            “It’s clear to me that what’s       the more alarmist fears noted by        Court’s (ICC) chief prosecutor                                         7, killing 1,400 people, mostly ci-                                      supplies of food, water, medicine
safety where we collaborate with         going to happen in this year, in       Sunak.                                  warned Sunday that blocking hu-                                        vilians, and seizing 230 hostages,                                       and shelter dwindle.
partners to ensure AI systems are        these next two, three years, in           Detractors have also noted that      manitarian aid from entering                                           according to Israeli officials.                                             Khan said his office had an
safe before they are released,” the      200 years, [is that] historians        the common ethical principles that      Gaza could constitute a crime.                                            Israel’s strikes have since then                                      ongoing investigation into “any
British leader said in a speech          will have a name for this period,”     the UK wants to establish are also         “Impeding relief supplies as                                        killed more than 8,000 people,                                           crimes committed on the terri-
earlier this week.                       Aldo Faisal, an AI and neurosci-       likely to come up against the in-       provided by the Geneva Conven-                                         half of them children, the Hamas-                                        tory of Palestine and any crimes
    “We will push hard to agree          ence professor, said at a briefing     terests of AI labs and tech giants,     tions may constitute a crime with-                                     controlled health ministry in the                                        committed, whether it’s by Israel
the first ever international state-      this month.                            which are predominantly Chinese         in the court jurisdiction,” Karim                                      territory said.                                                          and Palestine or whether it’s acts
ment about the nature of these              While the potential of AI rais-     and American.                           Khan told reporters in Cairo.                                             Since limited aid deliveries re-                                      committed on the territory of
risks,” he added, proposing the          es many hopes, particularly for           That could limit the likelihood         He was speaking after a visit                                       sumed through the Rafah cross-                                           Palestine or from Palestine into
creation of an international ex-         medicine, its development is           of anything meaningful emerging         to Egypt’s Rafah crossing, where                                       ing on Oct. 21, a total of 117                                           Israel”.
pert panel similar to one formed         seen as largely unchecked.             from this week’s summit.                he said trucks full of desperate-                                      trucks have entered.                                                        “This includes current events
for climate change.                         In his speech, Sunak warned AI         Hamed Haddadi, professor of          ly needed goods remained stuck                                            Prior to the siege, some 500                                          in Gaza and also current events
    London, which initiated the          did have the potential to destroy      human-centered systems at Impe-         and unable to cross into Gaza.                                         trucks carrying aid and other                                            in the West Bank,” Khan said.
gathering, has insisted it is tak-       thousands of jobs in various sec-      rial College London’s department           “I saw trucks full of goods, full                                   goods entered Gaza every day.                                               He said he was “very con-
ing the lead on AI at the behest         tors, including the arts and me-       of computing, said the time was         of humanitarian assistance stuck                                          Khan said he wanted “to un-                                           cerned also by the spike of the
of US President Joe Biden, and           dia, alongside cyber, disinforma-      right for global “dialogue” on AI.      where nobody needs them, stuck                                         derline clearly to Israel that there                                     number of reported incidents of
because the two countries have           tion and fraud threats.                   “Do we need regulation in this       in Egypt, stuck at Rafah,” he said.                                    must be discernible efforts with-                                        attack by settlers against Pales-
some of the leading companies in            He stressed the need for coun-      space? Or do we let the market             “These supplies must get to the                                     out further delay to make sure                                           tinian civilians” in the territory
the sector.                              tries to develop “a shared under-      and the business take care of it        civilians of Gaza without delay.”                                      civilians [in Gaza] receive basic                                        Israel has occupied since 1967.
    But it has reportedly been           standing of the risks that we face”,   and whatever see what happens              Rafah is the only entry point                                       food, medicines”.                                                           Khan also stressed that hos-
forced to scale back its ambi-           which is currently lacking.            next?” he said.                         through which international aid                                           On Sunday the United Nations                                          tage-taking was a breach of the
                                                                                                                        is currently able to trickle into                                      warned it feared a breakdown of                                          Geneva Conventions.
                                                                                                                        the Hamas-run Palestinian terri-                                       public order after looting at food                                          “I call for the immediate re-
                                                                                                                        tory, which is facing a near-total                                     aid centers in Gaza run by its                                           lease of all hostages taken from


As Otis toll climbs, Mexicans
                                                                                                                        siege and relentless Israeli bom-                                      agency for Palestinian refugees,                                         Israel and for their safe return to
                                                                                                                        bardment.                                                              the UNRWA.                                                               their families,” he said.




criticize government response                                                                                                                         DISCLOSURE OF INFORMATION FOR SHAREHOLDERS OF PT BANK BTPN TBK (THE “COMPANY”)
                                                                                                                                                      IN THE FRAME OF CAPITAL INCREASE WITH GRANTING PRE-EMPTIVE RIGHT II (“RIGHT ISSUE II”)

         Yussel Gonzalez                    “There is no way for you to         Taken by surprise                        INFORMATION AS STATED IN THIS DISCLOSURE OF INFORMATION IS IMPORTANT TO BE READ AND NOTICED BY THE SHAREHOLDERS OF THE
                                         feed yourself, there is no way to         The hurricane’s death toll            COMPANY IN TAKING FURTHER DECISION REGARDING THIS RIGHTS ISSUE II TRANSACTION.

Agence France-Presse/Acapulco,           drink water,” added a fisherman,       climbed Sunday as five more peo-        This Disclosure of Information is issued on 31 October 2023 (“Disclosure of Information”) in compliance with the Indonesia Financial Services Authority (“OJK”) Regulation No.
                                                                                                                        32/POJK.04/2015 on the Capital Increase of Public Listed Company by Granting Preemptive Rights as amended by POJK No. 14/POJK.04/2019 in regards to the amendments of
Mexico                                   standing next to him.                  ple were confirmed dead in Coyu-        OJK Regulation No. 32/POJK.04/2015 on the Capital Increase of Public Listed Company by Granting Preemptive Rights (“POJK HMETD”).
Acapulco was struggling Sunday                                                  ca de Benitez, north of the city.
to recover from the extraordinari-       Another setback                           Some 36 people were still
ly powerful Hurricane Otis, which           Though the city is far from its     missing, authorities said at
claimed 48 lives across southern         tourism heyday in the 1950s and        midday.
Mexico and provoked widespread           ‘60s, when it attracted Hollywood         The count of victims has been
power outages and criticism of the       stars and jet setters, its beaches     slow after the storm collapsed
government response.                     still attract visitors, or at least    telecommunications        systems,                                                                                            PT BANK BTPN TBK
   “We are going to fight for our-       they did before Otis.                  which have been gradually re-                                                                           Having domicile and headquarter in South Jakarta, Indonesia
selves,” Margarita Carmona told             Omar Flores’ small family res-      turning over the weekend.                                                                                                      Main Business Activity
AFP after chopping up fallen             taurant is miraculously still stand-      The World Meteorological Or-                                                                                        To carry out activity as commercial bank
trees along with her son-in-law          ing, though it has lost its roof and   ganization has described the hur-                                                                                                   Head Quarter
and other residents in the Puerto        the kitchen is devastated.             ricane as “one of the most rapid-                                                                                   0HQDUD%731ÀRRU&%'0HJD.XQLQJDQ
Marques neighborhood.                       Now he fears it will be months      ly intensifying tropical cyclones                                                                                 Jl. Dr. Ide Anak Agung Gde Agung, Kav 5.5 – 5.6
                                                                                                                                                                                                                 South Jakarta 12950
   They, like many in this port          before visitors return to the port.    on record”, exceeded in modern
city and tourist haunt of 780,000,          “It’s going to be another hard      times only by another Pacific                                                                                             Telephone: +62 21 30026200
                                                                                                                                                                                                       E-mail: corporate.secretary@btpn.com
grew tired of waiting for govern-        blow for all the people who work       hurricane, Patricia, in 2015.                                                                                                 Website: www.btpn.com
ment aid, which only began be-           on the beach,” he said.                   The speed with which Otis in-         THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS (“EGMS”) OF THE COMPANY WHICH IS PLANNED TO BE HELD ON THURSDAY,
ing distributed Saturday, days af-          “Just thinking about how much       tensified took the government            DATED 7 DECEMBER 2023 OF WHICH, AMONG OTHER THINGS, WILL PROPOSE THE APPROVAL FOR RIGHTS ISSUE II PLAN.
ter Category 5 Otis roared ashore        money is needed to get back on         and weather forecasters by sur-
and left local landmarks, built          your feet, where do we get it from?”   prise, leaving little time to issue      ALL INFORMATION STIPULATED IN THIS DISCLOSURE OF INFORMATION IS ONLY A PROPOSAL WHICH IS SUBJECT TO THE EGMS APPROVAL
                                                                                                                         AS WELL AS THE EFFECTIVE STATEMENT OF OJK ON THE REGISTRATION STATEMENT AND PROSPECTUS ISSUED FOR THIS RIGHTS ISSUE II.
over decades, look like they had            Otis is not the first setback for   warnings and prepare residents
been bombed out.                         Acapulco.                              for its arrival.                         THIS DISCLOSURE OF INFORMATION AND INFORMATION HEREIN IS NOT TAILORED TO BE A PUBLIC OFFERING DOCUMENT OR RECOMMENDATION
   President Andres Manuel Lo-              In 1997, the region was hit by         As aid finally began to ar-           TO PURCHASE IN ANY JURISDICTION, EITHER DIRECTLY OR INDIRECTLY, OF THE COMPANY’S SECURITIES.

pez Obrador flew over the disas-         Hurricane Paulina, a Category 4        rive over the weekend, spurred                                                                              INFORMATION ON THE RIGHTS ISSUE II PLAN
ter area and held meetings with          storm that killed more than 200.       by an air bridge established by
                                                                                                                        ,QUHODWLRQWRWKH5LJKWV,VVXH,,SODQLQWKLV'LVFORVXUHRI,QIRUPDWLRQWKH&RPSDQ\LQWHQGVWRRႇHUDWWKHPD[LPXPRIFRPPRQVKDUHVZLWKWKHQRPLQDOYDOXHRI
officials in charge of the relief op-    Acapulco managed to recover, only      the army and navy, initial esti-        IDR 20 (twenty Rupiah) per share (“New Shares”).
eration, local media reported.           for worsening drug violence to later   mates put the storm’s damage at         7KH1HZ6KDUHVZLOOEHLVVXHGIURPWKH&RPSDQ\¶VSRUWIROLRDQGUHJLVWHUHGXQGHU,QGRQHVLD6WRFN([FKDQJH “IDX”) in accordance with the prevailing regulations, among others
   After the hurricane hit Wednes-       drive away high-income tourism.        around US$15 billion.                   IDX Rule No. I-A Attachment of the Board of Directors of IDX decree No. Kep-00101/BEI/12-2021 dated 21 December 2021 regarding the Listing of Shares and Equity Securities
                                                                                                                        other than Shares Issued by Listed Companies. The New Shares will have the same and equal rights with old shares of the Company in any aspects, including the right on dividend.
day, a feeling of abandonment               But with heavy investment,             A security force of some 17,000      The New Shares will be issued by granting the pre-emptive rights in accordance with POJK HMETD and therefore Rights Issue II will be carried out based on:
gripped residents, including Julian      and sporting events like the ten-      was deployed across the area af-        1.   Approval of the shareholders of the Company in EGMS towards the Rights Issue II plan in accordance with the prevailing articles of association of the Company and the
Matadama, a 52-year-old construc-        nis Mexican Open, the city was         ter reports that supermarkets had            applicable regulations; an
tion worker, who banded together         once again on the rise in recent       been looted.                             5HJLVWUDWLRQVWDWHPHQWRIWKH&RPSDQ\ZKLFKZLOOEHVXEPLWWHGWRWKH2-.LQUHJDUGVWRWKH5LJKWV,VVXH,,SODQGHFODUHGHႇHFWLYHE\2-.LQDFFRUGDQFHZLWKWKHDSSOLFDEOH
                                                                                                                            regulations.
with other locals to clear debris.       years. In February, the govern-           Some 273,000 homes, 600 ho-
                                                                                                                        )RUWKHDYRLGDQFHRIGRXEWWKH&RPSDQ\LVHQWLWOHGWRLVVXHSDUWLDOO\RIRUDOOPD[LPXPVKDUHVDVDSSURYHGWREHLVVXHGXSRQWKH(*06UHVROXWLRQV
   “We are in need of help,” he said.    ment announced a hotel occu-           tels and 120 hospitals were dam-
                                                                                                                        7KH5LJKWV,VVXH,,SURYLVLRQVLQFOXGLQJWKHH[HFXWLRQSULFHDQG¿QDOQXPEHURI1HZ6KDUHVZLOOEHGLVFORVHGLQWKHSURVSHFWXVZKLFKZLOOEHLVVXHGLQOLJKWRI5LJKWV,VVXH,,DQG
   But after widespread water, pow-      pancy rate of 75 percent.              aged, with a number of restau-          made available to eligible shareholders in a timely manner in accordance to the applicable regulations.
er and telecommunications outag-            Now, beaches are littered with      rants and businesses in ruins, the
                                                                                                                                                                                                  TIME ESTIMATION OF RIGHTS ISSUE II
es, they face a tough road ahead.        debris and dead animals.               government said.
                                                                                                                        As required in POJK HMETD, the Company will submit the registration statement in light of the Rights Issue II, to OJK upon the implementation of EGMS of the Company dated
                                                                                                                        7 December 2023. The Company’s EGMS will be proposed to approve the Rights Issue II plan. The Rights Issue II will be implemented after OJK states that the registration
                                                                                                                        VWDWHPHQWRI5LJKWV,VVXH,,LVHႇHFWLYH
                                                                                                                        As required by Article 8 (3) POJK No. 14/2019, the period between the date of EGMS approving the implementation of Rights Issue II until the Rights Issue II registration statement
                                                                                                                        LVGHFODUHGHႇHFWLYHE\2-.PXVWQRWH[FHHG WZHOYH PRQWKV5LJKWV,VVXH,,LVH[SHFWHGWREHLPSOHPHQWHGDQGFRPSOHWHGE\WKH¿UVWTXDUWHURI

                                                                                                                                                                            GENERAL ESTIMATION OF USE OF PROCEEDS OF RIGHTS ISSUE II
                                                                                                                        The Company planned to utilize all fund received from Rights Issue II (after being deducted by emission fees), as follows The Company planned to utilize all fund received from
                                                                                                                        5LJKWV,VVXH,, DIWHUEHLQJGHGXFWHGE\HPLVVLRQIHHV IRU¿QDQFLQJ&RPSDQ\¶VSURMHFWVIRUWKHIXUWKHUJURZWK
                                                                                                                        ,ISDUWRUDOORIWKHSURFHHGVREWDLQHGIURPWKLV5LJKWV,VVXH,,ZLOOEHXVHGIRUWUDQVDFWLRQVZKLFKDUH0DWHULDO7UDQVDFWLRQ$ႈOLDWHG3DUW\7UDQVDFWLRQDQGRU&RQÀLFWRI,QWHUHVW
                                                                                                                        7UDQVDFWLRQXQGHUWKHDSSOLFDEOHODZVDQGUHJXODWLRQVLQ,QGRQHVLDWKH&RPSDQ\ZLOOFRPSO\ZLWKVXFKDSSOLFDEOHODZVDQGUHJXODWLRQVRQ0DWHULDO7UDQVDFWLRQV$ႈOLDWHG3DUW\
                                                                                                                        7UDQVDFWLRQVDQGRU&RQÀLFWRI,QWHUHVW7UDQVDFWLRQVDVUHOHYDQW
                                                                                                                        7KHGHWDLOHGDQG¿QDOLQIRUPDWLRQLQUHODWLRQWRWKHXVHRISURFHHGVZLOOEHGLVFORVHGLQWKHSURVSHFWXVZKLFKZLOOEHSXEOLVKHGIRUWKHSXUSRVHRI5LJKWV,VVXH,,DQGSURYLGHGWRWKH
                                                                                                                        shareholders whom are accordingly eligible and pursuant with applicable regulations.

                                                                                                                                              IMPACT OF RIGHTS ISSUE II TOWARDS THE COMPANY’S FINANCIAL PERFORMANCE AND SHAREHOLDERS
                                                                                                                        %\LQFUHDVLQJFDSLWDOZLWK5LJKWV,VVXH,,WKH&RPSDQ\ZLOOKDYHDGGLWLRQDOIXQGLQJWRFDUU\RXWWKH¿QDQFLQJ&RPSDQ\¶VSURMHFWVIRUWKHIXUWKHUJURZWK
                                                                                                                        ,QWKHHYHQWZKHQVKDUHKROGHUVRIWKH&RPSDQ\RSWVQRWWRH[HUFLVHLWVULJKWVWRSXUFKDVH1HZ6KDUHVRႇHUUHGE\5LJKWV,VVXH,,WKHQWKHVKDUHKROGHUVRIWKH&RPSDQ\PD\
                                                                                                                        H[SHULHQFHSHUFHQWDJHGLOXWLRQXSWRPD[LPXPRI WZHQW\HLJKWSHUFHQW 

                                                                                                                                                                                                         ADDITIONAL INFORMATION
                                                                                                                        ,I WKLV 'LVFORVXUH RI ,QIRUPDWLRQ LV FRQVLGHUHG XQFOHDU RU LI WKH VKDUHKROGHUV RI WKH &RPSDQ\ H[SHFW WR JHW PRUH DGGLWLRQDO LQIRUPDWLRQ LQ UHODWLRQ WR WKLV 5LJKWV ,VVXH ,, WKH
                                                                                                                        shareholders may contact:

                                                                                                                                                                                                                 PT BANK BTPN Tbk

                                                                                                                                                                                                                    Head Quarter
                                                                                                                                                                                                   Menara BTPN, 29 Floor, CBD Mega Kuningan
                                                                                                                                                                                                  Jl. Dr. Ide Anak Agung Gde Agung, Kav 5.5 – 5.6
                                                                                                                                                                                                                 South Jakarta 12950
                                                                                                  AFP/Rodrigo Oropeza                                                                                     Telephone: +62 21 30026200
                                                                                                                                                                                                       E-mail: corporate.secretary@btpn.com
Hard-hit: Damages caused by the passage of Hurricane Otis are seen on Saturday in Acapulco, Guer-                                                                                                             Website: www.btpn.com
rero State, Mexico.

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