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                             ANNOUNCEMENT OF SUMMARY OF THE MINUTES OF
                              ANNUAL GENERAL MEETING OF SHAREHOLDERS OF
                                          “PT BLUE BIRD TBK”

In order to comply with provisions of Article 49 paragraph (1) and Article 51 of Financial Services Authority (OJK)’s
Regulation No. 15/POJK.04/2020 regarding the Plan and Implementation of General Meeting of Shareholders of
Listed Companies, the Board of Directors of PT BLUE BIRD Tbk (hereinafter shall be referred to the “Company”),
herewith notify to the shareholders, that the Company has conducted Annual General Meeting of Shareholders
(hereinafter shall be referred to the “Meeting”) as follows:

(A). On :
     Day/Date              : Thursday, June 19, 2025
     Time                  : 14:14 – 15.05 Western Indonesia Time (WIB)
     Place                 : Bluebird Building, 2nd Floor, Room 5 & 6, Jalan Mampang Prapatan Raya
                             Nomor 60, South Jakarta
     Agenda                : 1. Approval of the Annual Report of the Company, including Annual Reports of
                                   the Board of Directors and Supervisory Report of the Board of
                                   Commissioners, and Approval of the Consolidated Financial Statements of
                                   the Company and its Subsidiaries, for the fiscal year ended on December
                                   31, 2024, and to provide a full release and discharge of responsibility to the
                                   members of the Board of Directors and the Board of Commissioners for
                                   their management and supervisory action in the fiscal year ended on
                                   December 31, 2024 (acquit et de charge);
                              2. Determination of the use of the Company’s net profit for the fiscal year
                                   ended on December 31, 2024;
                              3. Appointment of Independent Public Accountants to audit the Company’s
                                   Financial Statements for the fiscal year ended on December 31, 2025, and
                                   to authorize the Board of Commissioners of the Company to determine the
                                   honorarium of such Independent Public Accountants;
                              4. Changes and reappointment of members of the Board of Commissioners of
                                   the Company; dan
                              5. Determination of remuneration for members of the Board of Directors and
                                   the Board of Commissioners of the Company.

(B). Members of the Board of Directors and the Board of Commissioners present in the Meeting:

     THE BOARD OF DIRECTORS
     President Director      : Adrianto Djokosoetono;
     Vice President Director : Sigit Priawan Djokosoetono;
     Director                : Irawaty Salim;

     THE BOARD OF COMMISSIONERS
     President Commissioner   : Bayu Priawan Djokosoetono;
     Commissioner             : Kresna Priawan Djokosoetono;
     Independent Commissioner : Rinaldi Firmansyah;
     Independent Commissioner : Budi Setiyadi;
     Independent Commissioner : Setyo Wasisto;
     Independent Commissioner : Alamanda Shantika;


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(C). The Meeting was attended by amounting 2,105,690,858 shares having valid voting rights or 84.1569425% of
     all shares with valid voting rights issued by the Company.

(D). In such Meeting, shareholders and/or their proxies were given opportunities to ask questions and express their
      opinions in relation to the Meeting agendas.

(E). Agenda I             : no questions and opinions
     Agenda II            : no questions and opinions
     Agenda III           : no questions and opinions
     Agenda IV            : no questions and opinions
     Agenda V             : no questions and opinions

(F). Mechanism of adopting resolutions in the Meeting is as follows:
     The Meeting resolutions were taken by deliberation to reach consensus. In case failure to reach consensus
     takes place, it will be decided by voting.

(G). The results of resolutions adopted by voting:

     Agenda I:

                         Agree                             Abstain                           Disagree

          2,065,024,985     votes      or       40,665,873       votes     or                    -
          98.0687634%% of all shares with       1.9312366% of all shares with
          voting right attended in the          voting right attended in the
          Meeting.                              Meeting.


     Resolution of Agenda I:

     Approved the Annual Report of the Company, including Annual Reports of the Board of Directors and
     Supervisory Report of the Board of Commissioners, and approved the Consolidated Financial Statements of
     the Company and its Subsidiaries, for the fiscal year ended on December 31, 2024, and provided a full release
     and discharge of the responsibility to the members of the Board of Directors and the Board of Commissioners
     for their management and supervisory action in the fiscal year ended on December 31, 2024 (acquit et de
     charge).

    Agenda II:

                         Agree                             Abstain                           Disagree

          2,068,794,558     votes     or        36,896,300       votes     or                    -
          98.2477817% of all shares with        1.7522183% of all shares with
          voting right attended in the          voting right attended in the
          Meeting.                              Meeting.


     Resolution of Agenda II:

      1. Approved the determination of the use of the Company’s net profit that can be attributed to the owner
         of parent entity for the fiscal year ended on December 31, 2024, amounting Rp585,194,515,386,- as
         follows:
          - Amounting Rp300,252,000,000,- or 51.31% from the net profit of the financial year 2024, equal to
              Rp120,- per share will be distributed in the form of final dividend to all shareholders registered in



                                                                                                                 2
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          the Register of Shareholders of the Company per July, 2, 2025, and the payment will be made on
          July 11, 2025;
        - The balance amounting Rp284,942,515,386,- will be used to increase working capital and will be
          recorded as retained earnings;

  2. Granted the power and authorization to the Board of Directors of the Company to conduct the
     distribution of such cash dividend and take all necessary action. Cash dividend payment will be made
     subject to the provisions of the applicable laws and regulations.

Agenda III:

                    Agree                              Abstain                           Disagree

       1,967,238,922     votes     or      40,665,973       votes     or     97,785,963       votes     or
       93.4248688% of all shares with      1.9312414% of all shares with     4.6438898% of all shares with
       voting right attended in the        voting right attended in the      voting right attended in the
       Meeting.                            Meeting.                          Meeting.


 Resolution of Agenda III:

  1.    Approved to reappoint the Public Accounting Firm of Mirawati Sensi Idris to audit the Company's
        Consolidated Financial Statements and its Subsidiaries for the fiscal year ended on December 31, 2025.

  2.    Gave the authority to the Board of Commissioners to:
        a. appoint another Public Accounting Firm and determine the terms of its appointment if the
           previously appointed Public Accounting Firm is unable to perform or continue its duties for any
           reason whatsoever, including legal and regulatory reasons in the capital market or in the event of
           failing to reach agreement on honorarium for audit services;
        b. determine the honorarium of the appointed Public Accounting Firm and other terms in connection
           with its appointment.

 Agenda IV:

                    Agree                              Abstain                           Disagree

       1,967,238,922     votes     or      36,896,400       votes     or      101,555,536      votes     or
       93.4248688% of all shares with      1.7522230% of all shares with      4.8229082% of all shares with
       voting right attended in the        voting right attended in the       voting right attended in the
       Meeting.                            Meeting.                           Meeting.


Resolution of Agenda IV:

1. Approved the appointment of Dr. (HC) Noni Sri Ayati Purnomo, B.Eng., M.B.A., L.H.D. (HC), as Vice
   President Commissioner of the Company replacing dr. Sri Adriyani Lestari, effective as of the closing of the
   Meeting with the term of office for the remaining period of the Vice President Commissioner, namely until
   the closing of the Annual General Meeting of Shareholders of the Company in 2026.

2. Approved the change of position of dr. Sri Adriyani Lestari from previously Vice President Commissioner
   to Commissioner of the Company effective as of the closing of the Meeting, with the term of office for the
   remaining period as a member of the Board of Commissioners, namely until the closing of the Company's
   Annual General Meeting of Shareholders in 2026.

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3. Approved the reappointment of:
    - Drs. Gunawan Surjo Wibowo as Commissioner;
    - Rinaldi Firmansyah, M.B.A. as Independent Commissioner;
    - Irjen. Pol. (Purn.) Drs. Budi Setiyadi, S.H., M.Si. as Independent Commissioner;
    - Komjen. Pol. (Purn.) Drs. Setyo Wasisto, S.H. as Independent Commissioner;
    - Alamanda Shantika, S.Kom., S.Si. as Independent Commissioner;
   effective as of the closing of the Meeting until the closing of the Annual General Meeting of Shareholders
   of the Company in 2028.

4. Approved the changes in the composition of the Board of Commissioners as follows:

    THE BOARD OF COMMISSIONERS
        - President Commissioner                 : Bayu Priawan Djokosoetono, S.E., M.B.M.;*
        - Vice President Commissioner            : DR. (HC) Noni Sri Ayati Purnomo, B.Eng., M.B.A., L.H.D. (HC);*
        - Commissioner                           : dr. Sri Adriyani Lestari;*
        - Commissioner                           : Ir. Kresna Priawan Djokosoetono, M.B.M.;*
        - Commissioner                           : Drs. Gunawan Surjo Wibowo;**
        - Independent Commissioner               : Rinaldi Firmansyah, M.B.A.;**
        - Independent Commissioner               : Irjen. Pol. (Purn.) Drs. Budi Setiyadi, S.H., M.Si.;**
        - Independent Commissioner               : Komjen. Pol. (Purn.) Drs. Setyo Wasisto, S.H.;**
        - Independent Commissioner               : Alamanda Shantika, S.Kom., S.Si.;**
     With notes:
     * Term of office until the closing of the Company's Annual General Meeting of Shareholders in 2026;
     ** Term of office until the closing of the Company's Annual General Meeting of Shareholders in 2028;

5. Granted the power of attorney and authorization to the Board of Directors of the Company with the right
   of substitution to manage until the approval and or receipt of notification by the Minister of Law of the
   Republic of Indonesia related to the appointment of member of the Board of Commissioners, changes in
   the composition of the Board of Commissioners and the reappointment of several members of the Board
   of Commissioners of the Company as mentioned above and register in the Company Register in
   accordance with applicable laws and regulations, and take all necessary actions in connection with the
   above power, without exception.

Agenda V:

                    Agree                               Abstain                           Disagree

     2,066,918,658     votes     or        36,896,300       votes     or       1,875,900       votes      or
     98.1586946% of all shares with        1.7522183% of all shares with       0.0890872% of all shares with
     voting right attended in the          voting right attended in the        voting right attended in the
     Meeting.                              Meeting.                            Meeting.


Resolution of Agenda V:

1. Determined the gross remuneration of all members of the Board of Commissioners of the Company for
   the fiscal year 2025 which is a maximum amount of Rp7,000,000,000,-, subject to tax, and authorized the
   President Commissioner to determine the distribution of such remuneration among the members of the
   Board of Commissioners.

2. Granted authorization to the Board of Commissioners of the Company, where such authority may be
   delegated to a member of the Board of Commissioners of the Company pursuant to the Resolution of the

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        Board of Commissioners Meeting, to: (i) determine the amount of remuneration for all members of the
        Board of Directors of the Company for the fiscal year 2025; and (ii) determine the distribution among
        members of the Company's Board of Directors.

(H). Schedule and Mechanism of Dividend Distribution of the Fiscal Year of 2024:
     Pursuant to the resolution of second agenda as stated above, we hereby inform that the Company will
     distribute cash dividend to all of the shareholders amounting Rp300,252,000,000,- (three hundred billion
     two hundred fifty two million Rupiah) or equal to Rp120,- (one hundred twenty Rupiah) per share. In
     accordance with that matter, the Company herewith announce the schedule and mechanism of such
     dividend distribution as follows:

    Schedule of Payment of Cash Dividend of the Fiscal Year of 2024:

       NO                                 REMARKS                                             DATE
        1    End Period of Shares Trading with Dividend Rights (Cum Dividend)
              • Regular and Negotiated Market                                             June 30, 2025
              • Cash Market                                                                July 2, 2025
        2    Beginning Period of Shares Trading without Dividend Rights (Ex
             Dividend)
              • Regular and Negotiated Market                                               July 1, 2025
              • Cash Market                                                                 July 3, 2025
        3    Date of Shareholders Register entitled for Dividend (Recording Date)           July 2, 2025
        4    Date of Payment for Cash Dividend                                             July 11, 2025

   Tata Cara Pembagian Dividen Tunai:
    1. Cash dividend will be distributed to shareholders whose names registered in the Company’s
        Register of Shareholders (“DPS”) or recording date on July 2, 2025 and/or the share owners of the
        Company on the sub securities account in Indonesian Central Securities Depository (“KSEI”) on the
        closing of trading dated July 2, 2025.
    2. For shareholders whose shares included in the collective deposit in KSEI, the payment of cash
        dividend will be made through KSEI and will be distributed on July 11, 2025 to the customers fund
        account (RDN) on securities companies and/or custodian banks where the shareholders opened
        their securities account. While for shareholders whose shares are not included in the collective
        deposit in KSEI, the payment of cash dividend will be transferred to the shareholders’ accounts.
    3. Payment of cash dividend will be subject the prevailing laws and regulations.
    4. In accordance with the applicable tax laws and regulations, the cash dividend will be excluded from
        the tax object received by the shareholders of the domestic corporate taxpayer (“Domestic
        Corporate Taxpayer”) and the Company does not deduct Income Tax on cash dividend paid to
        such Domestic Corporate Taxpayer. Cash dividend received by shareholders who are domestic
        individual taxpayers (“Domestic Individual Taxpayer”) will be excluded from the tax object as long
        as the dividend are invested in the territory of the Republic of Indonesia. For Domestic Individual
        Taxpayer that does not meet the investment provisions as mentioned above, the dividend
        received by them will be subject to income tax ("PPh") in accordance with the provisions of the
        applicable laws and regulations, and the PPh must be paid by such Domestic Individual Taxpayer
        in accordance with the provisions of Government Regulation No. 9 of 2021 concerning Tax
        Treatment to Support the Ease of Doing Business.
    5. Shareholders of the Company can obtain confirmation of dividend payments through securities
        companies and/ or custodian banks where shareholders of the Company opened their securities
        account, then the shareholders of the Company must be responsible for reporting such dividend


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     receipts in tax reporting for the tax year concerned in accordance with the applicable tax laws and
     regulations.
6.   For shareholders being Foreign Taxpayers which tax deduction will use tariffs in accordance with
     the Approval of Double Taxation Avoidance (“P3B”) are required to fulfill requirement from the
     Directorate General of Taxes Regulation Number PER-25/PJ/2018 concerning the Guidelines for
     the Application of Approval of Double Taxation Avoidance and submit proof of record document
     or receipt of DGT/SKD which has been uploaded to the website of Directorate General of Tax to
     KSEI or BAE, within the deadline in accordance with KSEI rules and regulations. In the absence of
     such documents, the cash dividend paid will be subject to PPh of Article 26 amounting 20%.
7.   For shareholders being Foreign Taxpayer having their shares in the collective deposit in KSEI, proof
     of tax deduction on dividend can be collected in the securities companies and/or custodian banks
     where the shareholders opened their securities account and for shareholders having share
     certificates, can collect in BAE.


                                      Jakarta, June 23, 2025
                                        PT BLUE BIRD Tbk
                                      The Board of Directors




                                                                                                       6

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Names mentioned 16 people and organisations named in the text · linked when the evidence is strong

linked org BLUE BIRD TBK p.1 ×8
linked person Adrianto Djokosoetono p.1
linked person Sigit Priawan Djokosoetono · President Director p.1 ×2
linked person Bayu Priawan Djokosoetono p.1 ×2
linked person Rinaldi Firmansyah · Commissioner p.1 ×4
linked person Setyo Wasisto · Commissioner p.1 ×7
linked person Alamanda Shantika · Commissioner p.1 ×5
linked person Noni Sri Ayati Purnomo p.3 ×2
linked person dr. Sri Adriyani Lestari p.3 ×5
linked person Drs. Gunawan Surjo Wibowo · Commissioner p.4 ×3
possible person Budi Setiyadi · Commissioner p.1 ×7
unresolved org Financial Services Authority p.1
unresolved person Ir. Kresna Priawan Djokosoetono p.4 ×3
unresolved org Minister of Law p.4
unresolved org Directorate General of Taxes Regulation Number PER- p.6
unresolved org Directorate General of Tax p.6

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