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20250617_LPKR_Ringkasan Risalah//Risalah RUPS_31895859_lamp3.pdf

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Page 1
                                                                   THE SUMMARY MINUTES OF
                                                         ANNUAL GENERAL MEETING OF SHAREHOLDERS
                                                                  PT LIPPO KARAWACI TBK


The Board of Directors of PT Lippo Karawaci Tbk, having domicile and headquartered in Tangerang (the “Company”), hereby announces to the Shareholders
that the Company has convened the Annual General Meeting of Shareholders (the “Meeting”), with the following summary:

        Day/ Date                     :     Friday/ 13 June 2025
        Time                          :     10:15 AM - 11:21 AM Western Indonesia Time
        Venue                         :     Hotel Aryaduta Jakarta, Jl. Prajurit KKO Usman dan Harun No. 44-48, Gambir, Jakarta Pusat 10110
        Media Conferencing            :     AKSes.KSEI in Zoom webinar format

I.    Chairman of the Meeting
      The Meeting was chaired by Mr. Ketut Budi Wijaya as Commissioner of the Company, in accordance with the Circular Resolutions of the Board of
      Commissioners on 5 June 2025.

II.   Attendance of Members of the Board of Commissioners and the Board of Directors, and Committees under the Board of Commissioners
       Board of Commissioners                                               Board of Directors
       President Commissioner       :    Prof. Dr. Ir. Ginandjar            President Director     :   Marlo Budiman (*)
                                                        (*)
       (Independent)                     Kartasasmita                       Director               :   Marshal Martinus Tissadharma (*)
                                                   (**)
       Commissioner                 :    Kin Chan                           Director               :   Dominique Dion Leswara (**)
       Commissioner                 :    Anand Kumar (**)                   Director               :   Surya Tatang (**)
                                                            (*)
       Commissioner                 :    Ketut Budi Wijaya
       Audit Committee
       Member                     :     Yani Bardan (**)
       Member                     :     Rajiv Krishna (**)

       (*)
             Attend Physically; (**) Attend via media conference
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III. Attendance Quorum
     The Meeting was also attended by Shareholders and/or Proxy Holder representing 54,255,156,664 shares in the Company, constituting 76.5480% of
     the total 70,877,317,769 shares issued by the Company after deducting the Company's Treasury Stock.

IV. Submission of Questions and/or Opinions related to the Meeting Agenda
    In every discussion of the Meeting’s agenda, the Company has provided an opportunity for the Shareholders or their Proxies to be able to ask questions
    and/or opinions related to the discussion of each agenda of the Meeting.

V.   Voting Mechanism
     - Resolution on each Meeting agenda was adopted by deliberation to reach a consensus. If deliberation to reach consensus is not reached, then the
       resolution in the Meeting is conducted private;
     - Voting can be carried out (a) by electronically (e-Voting) through the eASY.KSEI application or through a system owned by the appointed Securities
       Administration Bureau, where the e-Voting guide and/or video guide has been uploaded to the Company's website since the date Invitation to the
       Meeting and (b) physically/directly in the Meeting room via a voting card given to the Securities Administration Bureau;
     - Each holder of 1 (one) share is entitled to cast 1 (one) vote;
     - Shareholders or their Proxies who did not vote or cast abstain vote are considered casting the same vote as the majority of voting result;
     - Implementation of voting is carried out after the presentation of each agenda of the Meeting;
     - For agenda that require the Meeting’s approval, resolutions will be adopted provided if it is approve more than 1/2 (one-half) of the total votes
       validly casted in the Meeting;

VI. Appointed Independent Parties and/or Capital Market Supporting Professionals
    1) Mr. Aulia Taufani, S.H. as a Public Notary;
    2) PT Sharestar Indonesia as the Securities Administration Bureau (BAE); and
    3) Mr. Jul Edy Siahaan as Public Accountant from the Accounting Public Firm Amir Abadi Jusuf, Aryanto, Mawar & Rekan.

VII. Meeting’s Agenda and Voting Results

      First Agenda             :    Approval of the Annual Report of the Company including the Board of Commissioners’ Supervisory Duties Report as
                                    well as Ratification of the Financial Statements of the Company for the Financial Year Ended on 31 December 2024.
                         Agree                                            Not Approve                                        Abstain
            53,962,798,014 shares (99.4611%)                       4,382,420 shares (0.0081%)                    287,976,230 shares (0.5308%)
      Total Agree             :     54.250.774.244 shares (99.9919%)
      Resolutions             :     1. Approving the Annual Report of the Company for the financial year ended on 31 December 2024 including the
                                         Supervisory Duties Report of the Board of Commissioners, as well as to ratify the Financial Statements of the
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                                   Company for the financial year ended on 31 December 2024 which had been audited by the Public Accounting Firm
                                   of "Amir Abadi Jusuf, Aryanto, Mawar & Rekan” as stated in its report dated 27 March 2025, with “unqualified
                                   opinion”;
                              2. Granting release and discharge (“volledig acquit et decharge”) to the members of BOC and Board of Directors of
                                   the Company for the management and supervision performed in the financial year 2024, provided that the
                                   management and supervision actions were reflected in the said Annual Report and Financial Statements of the
                                   Company for the financial year 2024 and they are not criminal acts or violation of the prevailing regulations.
Total questions/         :    2 (two) shareholders who submitted questions.
opinions

Second Agenda           :     Allocation of the Company’s net profit for the Financial Year Ended on 31 December 2024
                   Agree                                            Not Approve                                       Abstain
      54,002,495,964 shares (99.5343%)                       4,030,120 shares (0.0074%)                     248,630,580 shares (0.4583%)
Total Agree             :     54,251,126,544 shares (99.9926%)
Resolutions             :     1. Approve to allocate an amount of Rp1,000,000,000 (one billion Rupiah) as reserve fund
                              2. Approve that the remaining net income of the Company after deducted by the reserve fund as mentioned above,
                                   will be recorded as retained earnings of the Company
                              3. Approve to not distribute dividends for the financial year ended on 31 December 2024
Total questions/        :     None
opinions

Third Agenda             :    Appointment of Public Accounting Firm and/or Public Accountant to Perform Audit on the Company for the Financial
                              Year Ended on 31 December 2025 including any other audited Financial Statements as required by the Company.
                   Agree                                            Not Approve                                         Abstain
      54,004,155,564 shares (99.5374%)                       2,220,520 shares (0.0041%)                     248,780,580 shares (0.4585%)
Total Agree             :     54,252,936,144 shares (99.9959%)
Resolutions             : 1. Grant power and authority to the Company's Board of Commissioners to appoint a Public Accountant and/or Public
                                 Accounting Firm, to provide audit services on the Company's Financial Statements for the financial year of 2025,
                                 including appointing a Public Accountant and/or other Public Accounting Firm registered with OJK if for one reason
                                 and other matters the Public Accountant and/or the Public Accounting Firm above are unable to carry out their
                                 duties, taking into account the recommendations of the Audit Committee on their duties.
                             2. Grant authority to the Board of Directors of the Company to determine the amount of professional honorarium, sign
                                 documents, and all actions related to the appointment of the Public Accountant and/or Public Accounting Firm.
Page 4
Total questions/         :    2 (two) shareholders who submitted questions.
opinions

Fourth Agenda            :    Changes and/or restatement of the composition of the members of the Board of Directors and/or the Board of
                              Commissioners of the Company
                   Agree                                             Not Approve                                             Abstain
      54,005,945,094 shares (99.5407%)                        430,890 shares (0.0008%)                          248,780,680 shares (0.4585%)
Total Agree             :     54,254,725,774 shares (94.9992%)
Resolutions             :    1. Approve the resignation of Mrs. Gita Irmasari from her position as Director and provide release and discharge
                                 (volledig acquit et de charge), for management actions carried out since her appointment, respectively, as member
                                 of the Board of Directors, until the end of term of office namely until the closing of this Meeting, provided that the
                                 actions are reflected in the books, records and financial statements of the Company.
                             2. Approve the appointment of Mr. Fendi Santoso as Director of the Company, with term of office effective from the
                                 closing of this Meeting.
                             3. In relation to the above decisions, the Company intends to restate the composition of the members of the Board of
                                 Directors and Board of Commissioners of the Company, for the period from the closing of the Meeting until the
                                 closing of the Annual General Meeting of Shareholders to be held in 2028, without prejudice to the rights of the
                                 General Meeting of Shareholders to dismiss them from time to time, shall be as follows:
                                 Board of Commissioners
                                  President Commissioner              :    Prof. DR. IR. Ginandjar Kartasasmita
                                  (Independent)
                                  Independent Commissioner            :    Anangga W. Roosdiono
                                  Independent Commissioner            :    DR. Kartini Sjahrir
                                  Commissioner                        :    Anand Kumar
                                  Commissioner                        :    Kin Chan
                                  Commissioner                        :    George Raymond Zage III
                                  Commissioner                        :    Ketut Budi Wijaya
                                  Board of Directors
                                  President Director                  :    Marlo Budiman
                                  Director                            :    Marshal Martinus Tissadharma
                                  Director                            :    Surya Tatang
                                  Director                            :    Dominique Dion Leswara
                                  Director                            :    David Iman Santosa
                                  Director                            :    Fendi Santoso
Page 5
                                    4. Grant the power and authority with rights of substitution to the Board of Directors and/or Corporate Secretary of
                                       the Company to take any actions required in connection with the appointment of the members of Board of
                                       Directors and Board of Commissioners as mentioned above, including but not limited to record or to request
                                       before the Notary as well as to sign any documents for the purpose of notarizing the changes thereof, and to
                                       register the aforementioned changes of into the Company Register as deemed required by the prevailing laws and
                                       regulations.
      Total questions/          :   None
      opinions

      Fifth Agenda              :   Determination of Remuneration for the Board of Directors and/or Board of Commissioners of the Company for the
                                    Year of 2024.
                         Agree                                          Not Approve                                         Abstain
            54,005,919,894 shares (99.5406%)                     456,090 shares (0.0008%)                       248,780,680 shares (0.4585%)
      Total Agree             :     54,254,700,574 shares (99.9992%)
      Resolutions             :      1. Grant the power and authority to the Board of Commissioners of the Company or the Nomination and
                                        Remuneration Committee to determine the amount of salary, tantiem, allowances and other remuneration for
                                        members of the Board of Directors in accordance with the structure and amount of remuneration based on the
                                        Company's remuneration policy for the financial year ending on 31 December 2025.
                                     2. Grant the power and authority to the Nomination and Remuneration Committee to determine the amount of salary
                                        and other allowances for members of the Board of Commissioners in accordance with the structure and amount of
                                        remuneration based on the Company's remuneration policy for the financial year ending on 31 December 2025.
      Total questions/        :     None
      opinions

Thus, the Summary of the Minutes of this Meeting was prepared to fulfill the provisions of Article 51 and Article 52 paragraph (1) OJK Regulation No. 15/2020
and at the same time to fulfill the provisions of OJK Regulation No. 31/POJK.04/2015 concerning Disclosure of Material Information or Facts by Issuers or
Companies Public in relation with changes in members of the Board of Directors and/or members of the Board of Commissioners.

                                                                                                                                   Tangerang, 16 June 2025
                                                                                                                        Board of Directors of the Company

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Names mentioned 21 people and organisations named in the text · linked when the evidence is strong

linked org LIPPO KARAWACI TBK p.1 ×5
linked person Ketut Budi Wijaya · Commissioner p.1 ×3
linked person Marshal Martinus Tissadharma p.1 ×2
linked person Dominique Dion p.1 ×2
linked person Surya Tatang p.1 ×2
linked person Yani Bardan p.1
linked person Rajiv Krishna p.1
linked person Amir Abadi Jusuf p.2 ×2
linked person Fendi Santoso · Director p.4 ×2
linked person Anangga W. Roosdiono p.4
linked person George Raymond Zage III p.4
possible person Prof. Dr. Ir. Ginandjar p.1
possible person Marlo Budiman p.1 ×2
possible person Anand Kumar p.1 ×2
possible person Gita Irmasari p.4
possible person DR. Kartini Sjahrir p.4
unresolved person Aulia Taufani p.2
unresolved org PT Sharestar Indonesia p.2
unresolved person Jul Edy Siahaan p.2
unresolved org Mawar & Rekan p.2 ×2
unresolved person Prof. DR. IR. Ginandjar Kartasasmita p.4

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