20230925_CNTX_Ringkasan Risalah//Risalah RUPS_31422680_lamp5.pdf

     The number of shares whose holders/owners or their proxies were present or represented at the
     Meetings are 51,559,200 (fifty-one million five hundred fifty-nine thousand and two hundred) series A
     shares and 130,000,000 (one hundred and thirty million) series B shares or 90.78% (ninety point seven
     eight percent) of all of the issued shares of the Company.

D. Giving the opportunity to ask questions and/or give opinions related to the agenda items of the
   Meetings
     At each end of the discussion of each of the agenda item of the Meetings, the Chairman of the
     Meetings provided an opportunity to the shareholders or their legal proxies who attended the Meetings
     to ask questions and/or give comments.

E.   The number of shareholders who asked questions and/or gave opinions related to the agenda items
     of the Meetings
     There was no shareholder or proxy of shareholder who raised questions and responses in all agenda
     items of the Meetings.

F.   Meetings decision-making mechanism
     In accordance with paragraph 23.8 of Article 23 of the Company’s Articles of Association which is
     also set out in the Procedural Rules for the Meetings distributed to the shareholders and their proxies
     attending the Meetings, the adoption of resolutions were done by deliberation to reach consensus. In
     case consensus is not reached, the resolutions shall be adopted by voting based on the affirmative
     votes of more than 1/2 (half) of the total number of votes legally cast in the AGM for all of the
     resolutions of the AGM, whereas for the EGM, resolutions shall be adopted by voting based on the
     affirmative votes of more than 2/3 (two third) of the total number of votes legally cast in the EGM.

G. Results of voting for the resolutions of the Meetings
     Because there are no shareholders or proxies of shareholders who do not approve or cast a blank vote
     for the proposed resolutions in all the agenda items of the Meetings, no voting was conducted.

H. Resolutions of the Meeting
     Resolutions of the AGM
     First agenda item:
     1.   The Annual Report of Company was approved and the Financial Statements of the Company and
          the Report on the Supervisory Duties of the Board of Commissioners of the Company, all for the
          accounting year ended on 31 March 2023 were ratified.
     2.   Full acquittal and discharge were given to the members of the Board of Directors of Company for
          all their managerial actions and the performance of their authorities and to the members of the
          Board of Commissioners of the Company for their performance of the supervisory actions during
          the accounting year ended on 31 March 2023, to the extent such actions are reflected in the
          approved Annual Report of the Company and in the ratified Financial Statements of the Company.
     Second agenda item:
     It was determined that for the accounting year ended on 31 March 2023 there is no distribution of
     dividends to the shareholders of the Company.
     Third agenda item:
     With reasons to avoid the possibility of the Company shall hold a General Meeting of Shareholders to
     designate a firm of public accountant who differ from firm of public accountants who have been
     directly designated in the AGM, which is caused by changes in the firm of public accountants for
     unforseen reason, the Board of Commissioners of the Company was authorized by the AGM:
     1. to designate a Firm of Public Accountants who is registered with the Financial Services Authority
          (OJK) to audit the books of the Company ending on 31 March 2024, provided that such firm of
          public accountants must be independent and having a good reputation; and

2.   to determine the honorarium of such Firm of Public Accountants and other terms of their
     designation.
Fourth agenda item:
1. It was approved to re-appoint:
    - Mr. Toshiyuki Takahashi as the President Director of the Company;
    - Mr. Muljadi Budiman as the Vice President Director of the Company;
    - Mr. Tomoaki Nakajima as a Director of the Company;
    - Mr. Teh Hock Soon as a Director of the Company;
    - Mr. Suhardi Budiman as the President Commissioner of the Company;
    - Mr. Kazuhiko Shiomura as a Commissioner of the Company; and
    - Mr. Satryo Soemantri Brodjonegoro as the Independent Commissioner of the Company,
    -all for the term of offices effective as of the closing of the AGM.
2. It was approved to appoint Mr. Masamitsu Kamada as a Director of the Company, effective as of
    the closing of the AGM.
3. It was confirmed that the compositions of the Board of Directors and the Board of
    Commissioners of the Company for the term of offices effective as of the closing of the AGM
    until the closing of the fourth subsequent Annual General Meeting of Shareholders of the
    Company following the AGM are as follows:
    Board of Directors:
    -President Director                : Mr. Toshiyuki Takahashi;
    -Vice President Director           : Mr. Muljadi Budiman;
    -Director                          : Mr. Tomoaki Nakajima;
    -Director                          : Mr. Teh Hock Soon; and
    -Director                          : Mr. Masamitsu Kamada,
    Board of Commissioners:
    -President Commissioner            : Mr. Suhardi Budiman;
    -Commissioner                      : Mr. Kazuhiko Shiomura; and
    -Independent Commissioner          : Mr. Satryo Soemantri Brodjonegoro,
    -provided that a General Meeting of Shareholders of the Company is entitled to discharge each
    member of the Board of Directors and/or the Board of Commissioners of the Company at anytime
    for any reasons in accordance with the prevailing rules and regulations.
4.   In connection with the composition of the Board of Directors and the Board of Commissioners of
     the Company referred to above, power of attorney was conferred on the Board of Directors of the
     Company and/or Mr. Wawan Sunaryawan, SH, either jointly as well as individually to state part
     or all resolutions adopted in the fourth agenda of the AGM in the Indonesian and/or English
     language in a notarial deed in front of a Notary and to notify such compositions of the Board of
     Directors and the Board of Commissioners of the Company as resolved in the fourth agenda of
     the AGM to the Minister of Laws and Human Rights of the Republic of Indonesia and to make
     any amendments and/or additions to such notarial deed, if required by the competent authorities
     and to perform any and all other actions necessary for the said purposes.
     -This power of attorney is granted with the following provisions:
     a. this power is granted with the right to delegate this power to other party;
     b. this power shall be effective as of the closing of the AGM; and
     c. the AGM agrees to ratify all acts performed by the attorney by virtue of this power of
          attorney.
Fifth agenda item:
1.   The Board of Commissioners of the Company was authorized to determine the salaries and
     allowances for the members of the Board of Directors of the Company for the accounting year
     ending on 31 March 2024.
2.   It was determined that the remuneration for the members of the Board of Commissioners of the
     Company in the aggregate amount of Rp12,000,000.00 (twelve million Rupiah) gross per annum,

         effective as of 1 April 2023 and the Board of Commissioners of the Company was authorized to
         determine the allocation thereof.
    EGM
    1. Subject to the approval of the Minister of Law and Human Rights of the Republic of Indonesia
       (“MOL”), the removal of yarn spinning business activities in the provisions concerning the
       Purposes and Objectives and Business Activities of the Company was approved, and therefore
       Article 3 of the Company's Articles of Association is amended, which in its entirety then becomes
       as follows:
                                Objectives and Purposes and Business Activities
                                                     Article 3
       3.1. The objectives and purposes of the Company are to be engaged in the field of industries
              weaving and cloth refinement.
       3.2. To achieve the abovementioned objectives and purposes, the Company may perform the
              following business activities:
              (a) to engage in the industry of weaving thread into cloth using a loom or other loom
                   (Indonesian Standard Classification of Business Fields: 13121);
              (b) to engage in the industry of clothes refinement, including bleaching, dyeing and other
                   finishing of cloth (Indonesian Standard Classification of Business Field: 13132); and
              (c) to market and sell the products referred to in letters (a) and (b) above, both domestic
                   and export.
    2.   Power of attorney was conferred on the Board of Directors of the Company or Mr. Wawan
         Sunaryawan, SH to state the amendments to the provisions of the Company’s Articles of
         Association as resolved in item 1 above, to make any amendments and or additions as deemed
         necessary by the Board of Directors, and to restate other provisions in the Company’s Articles of
         Association which are not amended in a deed in front of a notary and to do all required actions for
         the purpose of application for obtaining approval on the amendments to Article 3 of the
         Company’s Articles of Association to MOL and to make any amendments and or additions
         thereto, if required by the competent authorities.
         -This power of attorney is granted with the following conditions:
         1. this power is granted with the right to delegate this power to other persons;
         2. this power shall be effective as of the closing of the EGM; and
         3. the EGM agrees to ratify all acts performed by the attorney by virtue of this power of
              attorney.
Thus, this Minutes of the Meeting is made in accordance with the provision of paragraph (1) Article 51 of
FSA Reg. 15/2020.
In compliance with the provisions of paragraph (4) and (5) of Article 68 of Law No. 40 Year 2007
regarding Limited Liability Companies, it is herewith also announced that the Statements of Financial
Position, the Statements of Comprehensive Income and Statements Cash Flows of the Company for the
period ended on 31 March 2023 which was ratified in the first agenda item of the Meeting is the same as
that was published in the daily newspapers Media Indonesia and Kontan on 28 July 2023.

                                      Jakarta, 25 September 2023
                                   Board of Directors of the Company