20230703_INDR_Ringkasan Risalah//Risalah RUPS_31335977_lamp3.pdf

The Meeting adopted the following Resolutions:

1.

First Agenda of the Meeting:
Approved and ratified the Company's Annual Report for the financial year ending 31 December 2022,

including the Report of the Board of Directors and the Report of the Board of Commissioners on its
Supervisory Duties, and the Consolidated Financial Statements which were audited by Tanubrata
Sutanto Fahmi Bambang & Rekan, Registered Public Accountants, with an ungualified opinion in their
report no. 00003/3.0424/AU.1/04/0135-3/1/11/2023 dated 17 February 2023, and accordingly
discharged the members of the Board of Directors and Board of Commissioners from their
responsibility and liability (acguit et de charge) in performing their respective management and
supervision activities during the financial year 2022, to the extent such activities were included in the
Financial Statements for the financial year 2022 and such activities did not constitute criminal
offense.

Second Agenda of the Meeting:
(a) Approved the appropriation of the Company's consolidated net profit attributable to the owners

of the Company for the financial year 2022 amounting to US$ 42,537,982 and determined its

appropriation as follows:

(i) US$ 1,000 to be accounted as reserve, to fulfil the provisions of Artide 70 and 71 of the
Company Law and Articie 23 of the Articles of Association of the Company,

(ii) Rp. 157,044,409,680 eguivalent to US$ 10,451,511 based on Bank Indonesia middle
transaction rate of today i.e., Rp 15,026 egual to US$ 1 shall be distributed in the form of
cash dividends to 654,351,707 shares, or Rp. 240 per share to the Shareholders who are
entitled to it.

Kiii) Balance of US$ 32,085,471 to be accounted as retained earnings.

(b) Approved the authorization of the Board of Directors of the Company with the right of
substitution to take all necessary measures in carrying out such cash dividend distribution for
the financial year 2022 to the shareholders who are entitled to it in accordance with the
applicable laws and regulations in the Indonesian Capital Market.

Third Agenda of the Meeting:
Approved the delegation of authority to the Board of Commissioners of the Company, considering the

recommendations of the Audit Committee of the Company, to appoint Registered Public Accountants
('KAP”) to audit the Company's Financial Statements for the year 2023 and to replace the appointed
KAP for any reason if the appointed KAP is not able to carry out or complete their duties, and
authorized the Board of Directors of the Company, to determine the honorarium for the KAP so
appointed and other conditions relating to their appointment.

Fourth Agenda of the Meeting:

(a) Approved the reappointment of all members of the Company's Board of Directors and Board
of Commissioners for a period of 5 (five) years, starting from the closing of this Meeting
until the GMS to be held in 2028, without prejudice to the right of the GMS to dismiss them
at any time. Thus, the composition of the members of the Board of Directors and the Board
of Commissioners of the Company from the closing of the Meeting is as follows:

Board of Directors:
President Director : Vishnu Swaroop Baldwa
Director . : Anupam Agrawal

Board of Commissioners:

President Commissioner : Sri Prakash Lohia
Vice President Commissioner mit Lohia
Commissioner Independent : Humphrey R Djemat, SH. LLM

(b) Approved the authorization of the Board of Directors of the Company with the right of
substitution to restate the decision of this Meeting in a separate Notarial Deed regarding
the Reappointment of members of the Board of Directors and the Board of Commissioners

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of the Company, including notifying/reporting to the Ministry of Law and Human Rights of
the Republic of Indonesia. Submit and sign all applications and other documents. To carry
out all other actions that may be reguired in accordance with the applicable laws and
regulations.

(c) Approved the authorization of Indorama Holdings B.V., as the principal shareholder of the
Company to determine the remuneration of the members of the Board of Commissioners
and authorized the Company's Board of Commissioners to determine the remuneration of
the members of the Company's Board of Directors.

Schedule an: for di of cash dividend

Schedule of distribution of cash dividend

No ACTIVITIES DATE
1 j Trading of the Company's shares with dividend rights (cwm dividend)
# Regular and Negotiation Market 10 July 2023
« Cash Market 12 July 2023
2 | Trading of the Company's Shares without dividend right (ex dividend)
« Regular and Negotiation Market 11 July 2023
« Cash Market 13 July 2023
3 | Date of Register of Shareholders eligible for dividends (recording date) 12 July 2023
4 | Date of payment of cash dividend 25 July 2023

Procedure of distribution of cash dividend

1. The cash dividends will be distributed to the Shareholders whose names are registered in the Register
of Shareholders of the Company as on 12 July 2023 (recording date).

2. For Shareholders whose shares are included in Collective Custody with PT. Kustodian Sentral Efek
Indonesia ("KSEI"), the cash dividend shall be distributed through KSEI to the securities account of
the Securities Companies and/or the Custodian Banks.

3. For Shareholders whose shares are not inciuded in collective custody in KSEI, the cash dividend will
be transferred to the bank account of the respective Shareholders after receiving complete bank
account information from the relevant Shareholders.

4. The aforesaid cash dividend is subject to deduction of tax applicable under the prevailing Indonesian
tax regulations. The amount of tax will be borne by the relevant Shareholders and the same will be
deducted from the amount of cash dividend the relevant Shareholder is entitled to.

5. Shareholders who are Foreign Tax Payers and who intend to use the tax deduction rates based on
Agreements for Avoidance of Double Taxation, shall be obliged to fulfill the reguirements of the
Regulation of Director General of Taxes (“DGP”) no. PER-25/PJ/2018 dated 21 November 2018 and
submit a digital copy (saft copy) of the document of proof of DGT / SKD receipt that has been
uploaded to the DGP's website to KSEI or the BAE in accordance with KSEI's provisions and
regulations regarding the deadline for submission of the said document. In the absence of the
aforesaid document, the cash dividend payment will be subject to deduction of income tax of 20Y6 as
per Article 26

Purwakarta, 3 July 2023
Board of Directors

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