20251105_ASRM_Ringkasan Risalah//Risalah RUPS_31982833_lamp3.pdf

2. The amount of retained earnings capitalized is IDR 20,934,728,192 (twenty billion nine hundred thirty-four
   million seven hundred twenty-eight thousand one hundred ninety-two rupiah).

   Of the total amount of IDR 20,934,728,192 (twenty billion nine hundred thirty-four million seven hundred
   twenty-eight thousand one hundred ninety-two rupiah), which is divided into 60,856,768 (sixty million eight
   hundred fifty-six thousand seven hundred sixty-eight) shares, amounting to IDR 7,607,096,000 (seven
   billion six hundred seven million ninety-six thousand rupiah) will be directly recorded as Paid-in Capital,
   while the remaining IDR 13,327,632,192 (thirteen billion three hundred twenty-seven million six hundred
   thirty-two thousand one hundred ninety-two rupiah) will be recorded as Share Premium.
   The amount of Capitalization of Retained Earnings above is determined based on the market price of
   shares at the close of trading 1 (one) day before the Meeting, which is IDR 344 (three hundred and forty-
   four rupiah).
3. The Stock Dividend Distribution Ratio is 20:1 (twenty to one), namely every 20 (twenty) old shares with a
   nominal value of IDR 125 (one hundred and twenty five) rupiah per share, will receive 1 (one) new share
   with a nominal value of IDR 125 (one hundred and twenty five rupiah), rounded down.
4. Distribution of Stock Dividends will be carried out starting Friday, December 5, 2025, through KSEI for
   shares registered/administered at KSEI, and through BSR Indonesia for shares not registered at KSEI.
5. Referring to the Regulation of the Minister of Finance No. 18/PMK.03/2021 concerning the
   Implementation of Law No. 11 of 2020 concerning Job Creation in the Field of Income Tax, Value Added
   Tax and Sales Tax on Luxury Goods, as well as General Provisions and Tax Procedures in Chapter II
   Income Tax, Part Three, Paragraph 1, namely Dividends that are excluded from Income Tax Objects
   include from Articles 14 to 24 as follows:
    a. Dividends originating from within the country obtained from domestic entities or individuals, as long as
       the dividends are invested in the Republic of Indonesia for a certain period of time.
    b. Dividends originating from abroad, as long as they are invested or used to support other business
       activities in the Republic of Indonesia for a certain period of time.
   Dividends are exempt from income tax provided that at least 30% of the after-tax amount (in accordance with
   the share ownership portion) is invested or used to support other business activities in the Republic of
   Indonesia within a certain period of time.
   Therefore, shareholders who do not meet the provisions of points a and b above will be subject to tax at the
   applicable rate.

6. Granting power and authority to the Company's Board of Directors to declare the Change in Paid-in
   Capital as a result of the Distribution of Stock Dividends in a deed made before a notary, including
   reporting to the authorized agency, registering and announcing it and doing everything necessary and
   required by applicable laws and regulations.
B. The second event is as follows:
1. Accept the Board of Directors' report on the implementation carried out by the Board of Directors
   regarding the Sharia Unit Separation Work Plan.
2. Granting power and authority to the Company's Board of Directors to carry out all matters relating to the
   implementation of the Sharia Unit Separation Work Plan, stated in a deed made before a notary, including
   reporting to the authorized agency, registering and announcing, and carrying out all matters required and
   required by applicable laws and regulations.

                                         Jakarta, November 5, 2025
                                        PT Asuransi Ramayana Tbk.
                                             Board of Directors