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                                                                UNOFFICIAL TRANSLATION




                  REVISION TO THE EXPLANATION ON THE AGENDA OF
             THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS OF
             PT HANJAYA MANDALA SAMPOERNA Tbk. ON AUGUST 21, 2023


In view of:
- Law No. 40 of 2007 dated August 16, 2007, regarding Limited Liabilities Companies (the
    “Company Law”) as amended by Law Number 6 of 2023;
- OJK Regulation No. 15/POJK.04/2020 dated April 20, 2020, concerning the Planning and
    Convening of a General Meeting of Shareholders of Public Companies (“OJK 15/2020”);
- OJK Regulation No. 33/POJK.04/2014 dated December 8, 2014, concerning the Board of
    Directors and Board of Commissioners of Issuers and Public Companies (“OJK 33/2014”);
- The Articles of Association of the Company further amended as set out in the Deed of
    Statement of Meeting Resolutions on the Amendments to the Articles of Association of
    the Company No. 41 dated June 9, 2022, made before Aulia Taufani SH, Notary in
    Jakarta.

In relation to the Extraordinary General Meeting of Shareholders ("EGMS") of PT Hanjaya
Mandala Sampoerna Tbk. (the "Company") which will be convened on Monday, August 21,
2023, the Company hereby provides the revision to the explanation on the agenda of EGMS
as follows:

                                       Agenda 1
       Approval for Changes in the composition of the Company’s Board of Directors


1.1.   Background

       Pursuant to (i) Article 94 paragraph 1 of the Company Law; (ii) Article 3 of OJK 33/2014;
       and (iii) Article 15 paragraph 3 of the Company's Articles of Association, the members of
       the Board of Directors are appointed by the GMS.

1.2.   Explanation

       The appointment of members of the Board of Directors is carried out in accordance with
       the Company's Articles of Association and other related regulatory provisions.

       In connection with the above, the Company will propose to the EGMS to decide and
       approve the appointment of Johan Bink as Director of the Company who will replace
       Dina Lombardi and Gunnar Beckers as Director of the Company who will replace
       Francisca Rahardja. Thus, the composition of the Board of Directors of the Company
       shall become as follows:
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                                                         UNOFFICIAL TRANSLATION




Board of Directors
President Director            : Vasileios Gkatzelis
Director                      : Sergio Colarusso
Director                      : Sharmen Karthigasu
Director                      : Johan Bink
Director                      : Gunnar Beckers
Director                      : The Ivan Cahyadi
Director                      : Elvira Lianita

As the term of office of the incumbent members of the Board of Directors will end at the
closing of the fifth Annual General Meeting of Shareholders as of the Annual General
Meeting of Shareholders on May 18, 2020, namely at the Annual General Meeting of
Shareholders in 2025.


The following is the Curriculum Vitae of Johan Bink and Gunnar Beckers.




                                                                                      2
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                                        JOHAN BINK
SUMMARY OF QUALIFICATIONS

With over 33 years of experience in supply chain management and production planning, Johan Bink
presently serves as the Manufacturing Director for Papastratos S.A., an affiliate of Philip Morris
International (PMI) located in Athens, Greece. Johan embarked his professional journey at PMI in 1990,
undertaking diverse responsibilities in operations and engineering. Between 1994 and 2002, he worked
for Mars, an American company specializing in food products and pet foods. In 2002, he returned to PMI
and assumed the position of Manager of Maintenance & Engineering for Philip Morris Holland B.V. in
Bergen op Zoom, Netherlands. Prior to his current role in Greece, he also successfully demonstrated his
leadership skills when he was assigned to Lithuania and Russia.

PROFESSIONAL EXPERIENCE

PHILIP MORRIS INTERNATIONAL                           ATHENS, GREECE                       2019 - present
- PAPASTRATOS
DIRECTOR MANUFACTURING
• Create Operational Strategies to guarantee required volumes being manufactured with required
    quality, guarantee flexibility in order to deliver productivity.
• Ensure all assets (factory, building, information technology, employee knowledge) are properly
    maintained and replaced as required.
• Ensure that purchasing and logistics activities are properly coordinated and that procurements are
    made in the most economic quantities, in line with the established policies and procedures.
• Direct the Quality Assurance activities to ensure that the product quality is consistent and in line with
    the established specifications.
• Control and direct implementation of the EHS programs to ensure compliance with the company’s
    Environmental, Health, Safety and Security policies. Direct the implementation of local regulations
    to ensure compliance with the national legislation.
• Ensure factory expansion, budget 500 mio USD, is delivered on time and in budget.
• Factory volume RRP: 25 bio sticks/year, headcount: 850 FTE.

PHILIP MORRIS INTERNATIONAL                       KLAIPEDA, LITHUANIA                      2015 - 2019
- PM LIETUVA
DIRECTOR MANUFACTURING
• Create Operational Strategies to guarantee required volumes being manufactured with required
   quality, guarantee flexibility in order to deliver productivity.
• Ensure all assets (factory, building, information technology, employee knowledge) are properly
   maintained and replaced as required.
• Ensure that purchasing and logistics activities are properly coordinated and that procurements are
   made in the most economic quantities, in line with the established policies and procedures.


                                                                                                              3
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•   Direct the Quality Assurance activities to ensure that the product quality is consistent and in line with
    the established specifications.
•   Control and direct implementation of the EHS programs to ensure compliance with the company’s
    Environmental, Health, Safety and Security policies. Direct the implementation of local regulations
    to ensure compliance with the national legislation.
•   Ensure the factory masterplan, total factory upgrade of 80 mio USD, is delivered on time and in
    budget.
•   Factory volume conventional cigarettes: 35 bio sticks/year, headcount: 550 FTE.

PHILIP MORRIS INTERNATIONAL                     ST. PETERSBURG, RUSSIA                        2014 - 2015
– PM RUSSIA
DIRECTOR MANUFACTURING
• Create Operational Strategies to guarantee required volumes being manufactured with required
   quality, guarantee flexibility in order to deliver productivity.
• Ensure all assets (factory, building, information technology, employee knowledge) are properly
   maintained and replaced as required.
• Ensure that purchasing and logistics activities are properly coordinated and that procurements are
   made in the most economic quantities, in line with the established policies and procedures.
• Direct the Quality Assurance activities to ensure that the product quality is consistent and in line with
   the established specifications.
• Control and direct implementation of the EHS programs to ensure compliance with the company’s
   Environmental, Health, Safety and Security policies. Direct the implementation of local regulations
   to ensure compliance with the national legislation.
• Factory volume conventional cigarettes: 60 bio sticks/year, headcount: 650 FTE.

PHILIP MORRIS INTERNATIONAL                 LAUSANNE, SWITZERLAND                      2008 - 2014
SUPPLY CHAIN                                                                           2010 - 2014
DIRECTOR TECHNICAL PROCUREMENT
• Ensure all capital equipment is procured on time and within budget for global manufacturing, total
   yearly budget 900 mio USD.
• Ensure high level of Supplier Relationship Management with the core suppliers.
• Find new equipment suppliers for the RRP expansion globally.
• Develop strategies to reduce lead times, reduce CAPEX spending and deliver productivities.

NEXT GENERATION PRODUCTS                                                                        2009 - 2010
MANAGER OPERATIONS RRP PMI

OPERATIONS TECHNICAL SERVICES                                                                   2008 - 2009
MANAGER PRODUCT TRACKING & SECURITY PMI

PHILIP MORRIS INTERNATIONAL                             NEUCHATEL,                              2004 - 2008
                                                       SWITZERLAND

OPERATIONS – TECHNICAL SERVICES                                                                 2007 - 2008
MANAGER OPERATIONS PROJECT PMI

ENGINEERING                                                                                     2004 - 2007
MANAGER MANUFACTURING AND QUALITY SUPPORT PMI



                                                                                                                4
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PHILIP MORRIS HOLLAND B.V.              BERGEN OP ZOOM,       2002 - 2004
                                         NETHERLANDS
MANAGER MAINTENANCE & ENGINEERING


MARS B.V.                      VEGHEL, NORTH BRABANT          1994 - 2002
INDUSTRIAL ENGINEERING MANAGER                                1999 - 2002


MAINTENANCE MANAGER                                           1997 - 1999

PRODUCTION MANAGER CHOCOLATE, PEANUT, RAWS                    1994 - 1997


PHILIP MORRIS HOLLAND B.V.            BERGEN OP ZOOM,         1990 – 1994
                                       NETHERLANDS
SUPERVISOR ETNA-PLANT                                         1993 - 1994

SUPERVISOR QUALITY ASSURANCE PRIMARY                          1990 - 1993

EDUCATION

HOGESCHOOL WEST-BRABANT                  BREDA, NETHERLANDS    1985-1990
(currently known as Avans University of Applied Sciences)
Higher Technical School, Chemical Engineering
Process technology and Process control

HOGESCHOOL WEST-BRABANT                  BREDA, NETHERLANDS    1992-1993
(currently known as Avans University of Applied Sciences)
Business Administration for Engineers

NEWMAN COLLEGE                             PERTH               1980-1985

LANGUAGE
Dutch – mother tongue
English – fluent
German – proficient
French – proficient




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                                GUNNAR BECKERS
SUMMARY OF QUALIFICATIONS

Gunnar Beckers, a seasoned marketing professional, brings over two decades of experience in cultivating
thriving brands and formulating impactful marketing strategies across Europe, Latin America, and Asia.
He has successfully contributed to renowned global brands like Marlboro and L&M. Presently, Gunnar
holds the position of Global Head Consumer Experience CC at Philip Morris International (PMI) in
Lausanne, Switzerland. Gunnar became a part of PMI in 2005, assuming the role of Brand Executive for
Marlboro in Germany.

He possesses a wealth of knowledge in crafting global brands by leveraging profound consumer insights,
implementing best practices in marketing, devising strategic positioning, leading cross-functional teams,
and utilizing data to design comprehensive omni-channel implementation strategies that resonate
throughout the consumer journey.

PROFESSIONAL EXPERIENCE

PHILIP MORRIS INTERNATIONAL LAUSANNE, SWITZERLAND                                  2019 - present
GLOBAL HEAD CONSUMER EXPERIENCE CC
• Develop global campaign toolbox delivering consistent brand engagement based on consolidated
   consumer needs and pain points.
• Collaborate with stakeholders in the Philip Morris headquarter, agencies and across markets
   designing omni-channel engagement plans for consumers and trade partners.
• Manage developments in a fully project-based organization applying agile methodology partnering
   with markets in cross functional teams.

PHILIP MORRIS INDONESIA                         JAKARTA, INDONESIA                          2016 – 2019
PT HM SAMPOERNA TBK.                                                                        2017 – 2019
PT PHILIP MORRIS INDONESIA                                                                  2016 - 2017

DIRECTOR INTERNATIONAL BRANDS
• Manage brand development and portfolio transformation addressing consumer preferences and
   market opportunities to ensure long term growth potential while growing volume by 12% in a
   declining market.
• Leading the team in development of omni-channel deployment strategies and executions engaging
   internally, external stakeholders and consumers.
• Leading transformation process of the organization, implementing new processes and organizational
   set up, to increase flexibility and speed.
• Redesigned digital strategy driving consumer relevance through personalized content across
   touchpoints while connecting online and offline activations.

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•   Reallocated budget into more efficient and relevant channels matching micro moments along the
    consumer journey.

PHILIP MORRIS BRAZIL                             CURITIBA, BRAZIL                         2013 - 2016
MANAGER MARKETING, MARLBORO
• Created long term strategy, innovation pipeline and new budget management system.
• Implemented comprehensive marketing plans engaging all stakeholders and grew market share by
   1.8%, stabilizing volume in a declining market.
• Reorganized brand team structure, setting clear accountabilities and actively guided implementation
   of new organizational set up of marketing team.
• Revamped and streamlined Marlboro portfolio within 18 months, reducing number of SKUs by 30%,
   while maintaining volume growth.
• Lead multi-functional teams for portfolio initiatives within Marlboro brand architecture.

PMI GLOBAL SERVICES                                 NEW YORK, NY                          2010 – 2013
REGIONAL HEADQUARTER OF PMI FOR LATIN AMERICA & CANADA
(MARKETING MANAGER, L&M/ CHESTERFIELD AND CONSUMER ENGAGEMENT)
• Consolidated regional portfolio and grew footprint of international brands from 7 to 12 markets,
   resulting in a volume increase of 10% in 3 years in declining industries.
• Developed and implemented strategy workshops within the region for multiple markets, aligning
   regional strategy with international developments.
• Actively guided portfolio strategy and deployment plans for all markets in the region.
• Created new organizational structure for deployment area within the affiliates and formed teams from
   org-design to implementation.
• Received award for developing and implementing regional tool for idea generation, engaging over
   10,000 employees in the region.

PHILIP MORRIS GMBH                           MUNICH, GERMANY                          2005 – 2010
BRAND MANAGER, L&M                                                                    2009 - 2010
• Manage marketing in Germany of L&M, the 3rd largest brand in the cigarette market, growing
   volume by 13% in 18 months.
• Designed and implemented insight driven marketing solutions, including a new campaign, packaging
   improvements, PR, promotions, and events.
• Developed L&M marketing team and managed collaboration with internal and external partners.
• Created innovation pipeline including an unseen packaging concept involving local artists from
   different categories.

BRAND SUPERVISOR                                                                            2006 - 2008
EAST GERMAN AND INTERNATIONAL PORTFOLIOS
• Developed brand strategies for f6 (local brand), Chesterfield and other tobacco products comprising
   brand portfolios with an aggregate turnover of approximately €1 billion.
• Created and implemented marketing programs for local Eastern German market leader leveraging
   brand identity and consumer insights.
• Established pricing scenarios and raised profitability of existing variants, and identified consumer
   needs to develop and manage new variants, from packaging design, through launch and in market.

BRAND EXECUTIVE, MARLBORO                                                                  2005 - 2006




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•   Created below-the-line strategy and developed and implemented promotion concepts compromised
    of new campaigns, promotions, CRM programs.
•   Handled all aspects of Marlboro racing sponsorship for the German market.
•   Plan and administer individual brand marketing budgets of up to € 17 million.

E.&J. GALLO WINERY GMBH                       SCHWALBACH, GERMANY                        2003 - 2004
PROJECT MANAGER
• Designed and implemented sales promotions including tastings, on-packs and price-offs in
   collaboration with sales team to drive volume growth.
• Put in place test market for first time ever consumer events for E.&J. Gallo in Germany.
• Procured all of company’s promotional material for Central and Eastern Europe sales region.

EDUCATION

UNIVERSITY OF FRANKFURT                 FRANKFURT, GERMANY                            2002 - 2004
Diplom Kaufmann (i.e., German advanced degree comparable to a Master’s degree in Business
Administration)
Grade Magna Cum Laude

UNIVERSITY OF LUNEBURG                     LUNEBURG, GERMANY                             2000 - 2002
Bachelor’s degree in Business Administration
Grade Magna Cum Laude

BETRIEBSWIRT HAMBURGER                      HAMBURG, GERMANY                              1997-2000
MODELL, MARKETING
(3-year apprenticeship combining training and education in business administration)
  • Reemtsma Cigarettenfabriken GmbH
  • Hamburg School of Business Administration

CERTIFICATION
• Acquired Certificate of ‘Digital Marketing Strategies: Data, Automation, AI & Analytics program’
  with Kellogg Executive Education
• Acquired Certificate of ‘Digital Marketing: Costumer Engagement, Social Media, Planning and
  Analytics’ with Colombia Business School

LANGUAGE
German – fluent
English – fluent
Portuguese – basic




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