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Paparan Publik Tahunan 2025 Annual Public Expose 2025 PT ITSEC Asia Tbk (Perseroan / the Company) Jakarta, 23 Mei 2025
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Table of Contents
1. Ringkasan Bisnis
Executive Summary
2. Ikhtisar Bisnis
Business Overview
3. Makroekonomi & Strategi
Macroeconomics & Strategies
4. Inovasi & Keamanan OT
Innovation & OT Security
5. Ringkasan Kinerja Keuangan
Summary Financial
6. Hasil RUPS Tahunan
AGMS Results
CONFIDENTIAL | Copyright © 2025 ITSEC Asia. All rights reserved. 1
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Ringkasan Bisnis
Executive Summary
CONFIDENTIAL | Copyright © 2025 ITSEC Asia. All rights reserved. 2
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ITSEC at a Glance
Company Overview Office Locations
ITSEC’s three-stage security ecosystem (Assessment, Implementation
and Analysis) ensures complete and continuous protection of clients’ IT Indonesia, Singapore, Australia, Mauritius
infrastructure against multiplying cybersecurity threats, and compliance
with increasingly demanding government regulation.
● Founded: 2010
● Operations: Founded in Indonesia, and expanded to Singapore, Australia,
and Mauritius. Currently serves clients in 13 APAC countries.
● Full Time Staff: 331 employees as of 31 December 2024. (ITSEC Group)
● Listed on the IDX: ITSEC Asia listed on IDX since 8 August 2023.
● Industry Accreditations: verified by Badan Siber & Sandi Negara (BSSN),
accreditation by CREST, ISO 9001, ISO 14001, ISO 27001, and additionally
BizSafe3, AISP and EPPU in Singapore.
Serving 60+ Blue-Chip Clients
ITSEC is a fast-growing cybersecurity group serving blue-chip clients in 13 countries throughout APAC across wide range of Industries:
● Banking ● Telecommunications & IT
● Finance & Insurance ● Government, Energy, E-commerce, Healthcare, and Others
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VISION MISSION
To achieve a market leading position To provide state-of-the-art cybersecurity services
by becoming the most trusted brand and solutions in the fields of information
in the cybersecurity industry. technology (IT) security, operational technology
(OT) security and fraud prevention for banking,
finance, telecommunications, energy,
transportation, manufacturing, and other critical
sectors.
CONFIDENTIAL | Copyright © 2025 ITSEC Asia. All rights reserved. 4
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ITSEC Asia Milestones
2018
202 2025
2010 CYBER SECURITY OPERATION
CENTER (CSOC)
● ITSEC Asia established Cyber Security Operation
3SERVICES
IPO & NEW
● ITSEC Asia invests in Initial Public Offering (IPO)
NEW EXPANSION
A NEW BEGINNING Center (CSOC) in BSD, Tangerang, in response to the ● ITSEC Asia has launched a new subsidiary
and delivers new services in response to cyber
● ITSEC Asia was established operational needs company - PT ITSEC Cyber Academy
security tendencies.
2017 2022 2024
NEW INVESTOR EXPANSION NEW PRODUCT & NETWORK
● StoneTree, an international trading corporation ● Acquisition of ITSEC Australia Pty. Ltd. (Incorporated in ● ITSEC Asia launches a new product called IntelliBroń
based in Dubai, UAE, has joined as a major 2017) to create Service Centre of Excellence in Australia.
●ITSEC Asia has officially opened its new
investor in ITSEC Asia. representative office in Mauritius
● Acquisition of ITSEC Services Asia Pte. Ltd. (Incorporated
in 2018) to create Service Centre of Excellence in
Singapore.
● The Headquarters of ITSEC Asia relocated from RDTX
Tower to Noble House, Jakarta, Indonesia
CONFIDENTIAL | Copyright © 2025 ITSEC Asia. All rights reserved. 5
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Ikhtisar Bisnis
Business Overview
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ITSEC Asia Services & Solutions
ITSEC takes a strategic approach in providing complete cyber security solutions to its clients:
Penetration Testing & Red Teaming Audits, Risks, Assurance & Compliance
Simulated cyberattacks to identify weaknesses and improve ITSEC helps organisations to be highly focused with their
your organization's resilience. future security investments.
Managed Security Services Security Solutions Integration
Providing a cost-effective outsourcing option where high Tailored security consulting solutions to assess, strategize, and
quality security solutions can be delivered at pace. optimize your organization's security posture.
Threat Hunting & Compromise Assessments
V-CISO
Proactive threat monitoring and intelligence gathering to stay
Help companies improve their cybersecurity architecture by ahead of emerging cyber threats.
providing expert advice on their critical security issues.
Information Security Analysis OT/loT Security
Offerings and provides a comprehensive analysis of an Cyber resilience for operational technology (ot) environment.
organization's' cyber security posture.
Application Security Digital Forensics & Incident Response
Provides a variety of application security services that allow Combines technical and strategic advice to ensure all
organizations to focus on the positive opportunities from aspects of a cyber attack are managed effectively.
applications.
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Our Managed Solutions
Fraud Management DevSecOps SOC
Delivered the largest Fraud Delivered DevSecOps Delivered SOC for the
Management System in for the largest bank in largest bank in South
South East Asia South East Asia East Asia
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ITSEC Competitive Advantages
Top-Tier Client Base Established Partnerships with Best-In-Class
Cybersecurity Software Providers
ITSEC has established a strong client base, serving over 60 blue-
The Company has established long-term deals with global software
chip customers across a variety of industries such as
vendors, creating scale economies with leading cybersecurity
telecommunications, media, transport, energy, government, e-
players such as Microsoft, SecureWorks, Checkmarx, Proofpoint,
commerce, banking and financial services.
Darktrace and Nextron.
End-To-End Services and Solutions Offering Cybersecurity Technology Innovation
The Company's diverse client offering, ranging from Managed The Group is involved in several technology IP development
Security Services to Risk and Compliance, Application Security, and initiatives including AI (Artificial Intelligence) tools and AI-enabled
Digital Forensic & Incident Response, ensures ITSEC’s ability to automation workflows. Management have an opportunity to develop
meet differing client needs while offering multiple growth and monetize proprietary IP to create new long-term revenue
opportunities. streams.
Continuous Improvement in Service
Distinctive Value Added Marketing
Capabilities
ITSEC's steady investment in new cybersecurity service capabilities, The Group has made significant investments in marketing to build
including Fraud Management and Critical Infrastructure Security, awareness through distinctive branding, and value-add
ensures that the Company can meet evolving client needs and has cybersecurity summits and client events. Furthermore, the Company
a growth above 25% per year. holds educational symposiums in partnership with Indonesian
Universities and institutes of higher education and runs an
internship program for Indonesian students.
Investment in Talent for Premier Client Service Experienced Leadership team
ITSEC meaningfully invests in company certifications and ITSEC's experienced management team in Indonesia, Singapore
accreditations, enhancing employee skills and qualifications, and Australia, is committed to building ITSEC Group into a leading
resulting in best-in-class service for clients and low staff churn. international player.
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Accredited & Certified
ITSEC Asia is a member of CREST and holds ISO 27001, ISO 9001 and ISO 14001 certifications
Consultant : OSCP, OSCE, OSEP, OSWE, CRT, CPSA, CRTP, CISSP, CISA, CISM, CSXF,
CSXP, CEH, GPEN, GSEC, GCIA, GCIH, GDPR
Project Management : PMP, P2P, P2AP, ITIL-F, CSM, CSPO, CITPM, ICP-ACC
SWIFT CSP Assessment and Cyber
Security Service Providers
ISO certifications and BSSN verification apply to PT ITSEC Asia Tbk, CREST, CSRO & Dubai Cyber Force certification apply to ITSEC Services Asia Pte. Ltd.
CONFIDENTIAL | Copyright © 2025 ITSEC Asia. All rights reserved. 10
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Sales, Marketing & Sustainability
Sales & Marketing
Each year, ITSEC Asia hosts the ITSEC Cybersecurity Summit, a flagship marketing
initiative designed not only to raise public awareness on cybersecurity issues but also to
position ITSEC Asia as the leading cybersecurity firm in Southeast Asia. Every marketing
activity we undertake is strategically aligned with our sales growth objectives, ensuring
consistent brand elevation alongside business expansion.
ITSEC: Cyber Security Summit 2024
Brand Awareness & Partnerships
To reinforce our corporate image, we maintain active engagement with the media and are
frequently invited as expert speakers both media and other cybersecurity events (e.g.
Black Hat) to discuss the latest developments in cybersecurity and our proprietary
technology, IntelliBroń. Today, IntelliBroń is trusted by various industries to safeguard
against cyber threats, one notable example being its implementation at Atma Jaya
Hospital.
Media Interview
Environmental, Social & Governance
In support of our ESG commitments, we’ve taken concrete steps in both environmental
and social initiatives. From an environmental perspective, we have contributed a total of
87.7 kilograms of plastic bottles and other recyclable materials to waste banks. On the
social front, our recent blood donation drive successfully collected 69 bags of blood to
help patients in need. On top of that, we also held cybersecurity literacy to primary
ESG Program students and college students so they aware about cyber attack on early stage.
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Makroekonomi & Strategi
Macroeconomics & Strategies
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Macroeconomics
● Budget Frugality of Public Sector Customers,
Especially in IT Services or SOC Allocation
Public sector clients are exhibiting increased caution in budget allocation, prioritizing essential services and cost-
efficiency. This frugality directly impacts spending on IT solutions and Security Operations Center (SOC) services,
often leading to delayed procurement cycles, smaller-scale projects, and stricter compliance requirements. ITSEC
Asia must tailor its offerings to demonstrate clear ROI and align with the value-for-money expectations of
government entities.
● The Upcoming Cybersecurity Bill
The anticipated Cybersecurity Bill presents both regulatory challenges and business opportunities for ITSEC Asia.
The legislation may introduce stricter compliance standards, licensing requirements, and mandates for critical
infrastructure protection, particularly in Operational Technology Infrastructure (OTI). This could create new demand
for consulting, managed services, and regulatory readiness solutions, positioning ITSEC Asia to capture growth in
licensing support, cybersecurity audits, and policy-driven service engagements.
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Strategies
Strategic Initiatives: Products, Subsidiaries,
and Digital Transformation
To strengthen its market position, ITSEC Asia is actively pursuing
strategic initiatives, including the development of innovative - IntelliBroń,
the establishment of new subsidiaries to target niche markets - ITSEC
Cyber Academy is a key milestone aimed at upskilling the workforce,
fostering industry partnerships, and creating a talent pipeline to support
business expansion and long-term sustainability. Additionally, an internal
digital transformation to streamline operations and improve client
delivery through OT Security solution.
Continuous Expansion of our existing
business lines & regional expansion
ITSEC Asia has expanded its global footprint by establishing Office Locations:
operations in Mauritius, marking a strategic move to serve the
growing cybersecurity needs of the African region. This Indonesia, Singapore,
expansion reflects ITSEC Asia’s commitment to providing Australia, Mauritius
world-class cybersecurity services and solutions beyond the
Asia-Pacific market.
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Looking further ahead, ITSEC Asia 2025 strategic agenda includes the
advancement of ITSEC Cyber Academy, an IDR 11 Billion investment
into Indonesia’s cybersecurity talent pipeline.
This initiative aims to address the growing talent gap in APAC, offering
internationally accredited training, real-world simulations, and programs
aligned with both national frameworks and global standards.
The academy targets high-priority sectors like public institutions & SOEs, strengthening resilience across
industries. While near-term earnings are minimal, it’s a strategic move to build long-term recurring revenue
through specialized cyber defense training aligned with rising talent demand.
Building Culture of Security
ITSEC instills information security awareness across
The Goals of
an entire organization, laying a foundation on long ITSEC Cyber Academy
Cyber term cyber resilience to set you in good stead
Building a First Line of Defense
Any employee can be targeted through phishing and social engineering, raising awareness
Academy can be one of the most significant changes an organisation can make.
Building Secure Applications
Web Application Security/Secure SDLC training sets out how to integrate security throughout
the entire Software Development Lifecycle (SDLC).
On March 26, 2025, PT ITSEC Asia Tbk officially launched PT
Executive Resilience
ITSEC Cyber Academy as part of its ongoing commitment to ITSEC fosters a culture security and cyber security resilience amongst executives, one of the
most frequently targeted groups within an organisation.
enhancing Indonesia’s cybersecurity ecosystem. The academy
aims to address the increasing demand for cybersecurity talent Constant Knowledge Acquisition
across industries by providing structured training and education. Responding to the ever-changing threat landscape requires security teams to constantly
This initiative not only supports the development of future develop and acquire new knowledge over the long term.
cybersecurity leaders but also strengthens ITSEC Asia’s role as Specialist Security Training
a key enabler of national cyber resilience.
We provide specialist security training courses to help you deal with telecommunication
vulnerabilities and software development lifecycle vulnerabilities.
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Inovasi & Keamanan OT
Innovation & OT Security
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Our Proprietary Cutting-Edge Solution CONFIDENTIAL | Copyright © 2025 ITSEC Asia. All rights reserved. 17
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IntelliBroń ignites software- IntelliBroń Contribution & Forecast
led growth
ITSEC Asia is expanding beyond its enterprise base through
international and consumer channels, supported by a margin-accretive,
software-led model. Concurrently, ITSEC Asia plans to enter the B2C
space with new series of IntelliBroń that will be a mobile-focused
cybersecurity product. Early traction shows strong potential in the
underserved consumer segment.
With AI capabilities, telecom integration, and
attractive margins, ITSEC Asia is well-positioned to
scale profitably across both markets.
We project IntelliBroń to contribute 50% of
New Series* total revenue by FY27F (IDR530bn),
reinforcing its role as a major new growth
engine for ITSEC Asia.
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ITSEC Asia recognized the need for more accessible and scalable cybersecurity solutions for
Small and Medium-sized Enterprises (SMEs). This led to the creation of IntelliBroń Orion, an AI-
powered security companion designed to assist humans in defending against cyber-attacks.
IntelliBroń Orion leverages modern technology to automate many security tasks, making
cybersecurity more affordable and user-friendly for SMEs.
IntelliBroń Orion was created by an Indonesian team in ITSEC Asia's R&D
Department, curated the best available resources to create an application tailored specifically
for SMEs.
The Features of IntelliBroń Orion
Real-Time Threat Threat Hunting with
Detection an Al Companion
Unified Dashboard
for Improved Reporting Tools &
Visibility User Management
Alert Consolidation
Threat Intel
& Team Collaboration Integration
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ITSEC’s Managed Threat Intelligence Service provides proactive protection against
external threats and vulnerabilities. We partner with top cybersecurity experts, to
deliver leading threat intelligence and mitigation strategies.
The following are the key objectives of Managed Threat Intelligence:
Comprehensive Continuous Holistic Proactive Threat Strategic Growth
Risk Management Monitoring Cybersecurity Detection Enablement
Protecting your digital Identifying and Securing both internal Responding to emerging Facilitating mergers,
assets and sensitive addressing security gaps infrastructure and cyber threats, mitigating acquisitions, and growth
information, from leaked or vulnerabilities in your external attack surfaces, risks before they impact opportunities by
credentials to dark web digital environment. including subsidiaries and your organization. strengthening your
activities. supply chains. overall cybersecurity
posture.
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Government Smart Cities/ Water
Telecommunicatio Manufacturing
Buildings Transmission &
n
Wastewater
Pharmaceutical Oil and Gas Energy Transportation &
(Pipelines & (Power Plants, Logistics
Refinery) Power Substation, (Airports, Air Navigation,
HVDC, Dams) Rail, Vessel, Ports)
OT Security ITSEC offers cybersecurity services and solutions in
Operational Technology (OT), Industrial Control Systems
(ICS) systems in the following critical sectors:
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Ringkasan Kinerja Keuangan
Summary Financials
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PT ITSEC Asia Tbk Financial Summary
ITSEC Group Revenue & Nett Profit (IDR Bn) ITSEC Group Revenue & Nett Profit (IDR Bn)
2020-2025 Q1 2024 - Q1 2025
Revenue Revenue
Nett Profit Nett Profit
0 0
2020A 2021A 2022A 2023A 2024A Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
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PT ITSEC Asia Tbk Financial Summary
ITSEC Group (IDR Bn) & YoY Growth (%) ITSEC Group Profit Margin (%)
0
%
Revenu Revenue Gross Profit Operating Profit Nett Profit
e Growth Margin Margin Margin
ITSEC Group (IDR Bn) & EBITDA Margin (%) ITSEC Group (IDR Bn) & Nett Profit Margin (%)
0
0
0
%
Revenu EBITDA Revenu Net Profit
e Margin e Margin
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ITSEC Revenue (Jan-Apr 2025 vs 2024)
Jan-AprJan-Apr
2023 2025
Jan-AprJan-Apr
2024 2024
0
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CYBR Share Price Performance (YTD)
CYBR
*as of May 23, 2025
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Hasil RUPS Tahunan
AGMS Results
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Mata Acara 1 / Agenda 1
Menyetujui dan mengesahkan Laporan Tahunan termasuk Laporan Keuangan
Perseroan dan Laporan Pengawasan Dewan Komisaris Perseroan untuk Tahun buku
yang berakhir pada tanggal 31 Desember 2024, serta memberikan pelunasan dan
pembebasan tanggung jawab sepenuhnya (acquit et de charge) kepada Direksi dan
Dewan Komisaris Perseroan atas tindakan pengurusan dan pengawasan yang telah
dilakukan selama tahun buku yang berakhir pada tanggal 31 Desember 2024.
Approved and ratified the Annual Report, including the Company’s Financial Statements and
the Board of Commissioners’ Supervisory Report for the fiscal year ending on December 31,
2024, and granted full discharge and release from responsibility (acquit et de charge) to the
Board of Directors and the Board of Commissioners for the management and supervisory
actions carried out during the fiscal year ending on December 31, 2024.
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Mata Acara 2 / Agenda 2
Menyetujui penggunaan keuntungan bersih Perseroan untuk Tahun Buku yang berakhir pada
tanggal 31 Desember 2024 sebagai berikut:
Approved the use of the Company’s net profit for the fiscal year ending on December 31, 2024, as follows:
● Sebesar Rp759.939,646,- (tujuh ratus lima puluh sembilan juta sembilan ratus tiga puluh
sembilan ribu enam ratus empat puluh enam Rupiah) akan dibukukan sebagai dana cadangan
guna memenuhi ketentuan Anggaran Dasar Perseroan dan Undang-Undang Nomor 40 Tahun
2007 tentang Perseroan Terbatas;
An amount of Rp759,939,646 (seven hundred fifty-nine million nine hundred thirty-nine thousand six
hundred forty-six Rupiah) shall be allocated as reserve funds in accordance with the provisions of the
Company’s Articles of Association and Law Number 40 of 2007 concerning Limited Liability Companies.
● Tidak ada pembagian dividen Perseroan untuk Tahun Buku yang berakhir pada tanggal 31
Desember 2024;
No dividends will be distributed for the fiscal year ending on December 31, 2024.
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Mata Acara 3 / Agenda 3
Menyetujui pemberian Kuasa kepada Dewan Komisaris Perseroan untuk menunjuk
Kantor Akuntan Publik untuk mengaudit atas buku-buku Perseroan untuk Tahun Buku
yang akan berakhir pada tanggal 31 Desember 2025 sekaligus memberikan kuasa
kepada Direksi Perseroan untuk menetapkan honorarium dan persyaratan-persyaratan
lain sehubungan dengan penunjukan Kantor Akuntan Publik tersebut.
Approved the granting of authority to the Company’s Board of Commissioners to appoint a
Public Accounting Firm to audit the Company’s books for the fiscal year ending on December
31, 2025, and simultaneously authorized the Company’s Board of Directors to determine the
honorarium and other terms related to the appointment of the Public Accounting Firm.
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Mata Acara 4 / Agenda 4
Laporan realisasi penggunaan dana Hasil Penawaran Umum Perdana dan Waran Seri I per 31 Desember 2024
telah disampaikan oleh Perseroan kepada Otoritas Jasa Keuangan melalui Surat Nomor
075/ADM/ITSECASIA/I/2025 tanggal 15 Januari 2025.
The report on the realization of the use of proceeds from the Initial Public Offering and Series I Warrants as of December 31,
2024, has been submitted by the Company to the Financial Services Authority through Letter Number
075/ADM/ITSECASIA/I/2025 dated January 15, 2025.
Jumlah dana bersih yang dihasilkan pada Penawaran Umum Perdana pada tanggal 8 Agustus 2023 adalah
sebesar Rp.92.189.930.696,- (sembilan puluh dua milyar seratus delapan puluh sembilan juta sembilan ratus
tiga puluh ribu enam ratus sembilan puluh enam Rupiah). Sesuai dengan Rencana Penggunaan Dana yang
kemudian telah diubah melalui Rapat Umum Pemegang Saham Tahunan yang dilaksanakan pada tahun 2024,
maka realisasi penggunaan dana hasil Penawaran Umum Perdana Perseroan per 31 Desember 2024 adalah
sebagai berikut:
The total net proceeds generated from the Initial Public Offering on August 8, 2023, amounted to Rp92,189,930,696 (ninety-
two billion one hundred eighty-nine million nine hundred thirty thousand six hundred ninety-six Rupiah). In accordance with
the Fund Utilization Plan, which was subsequently amended through the Annual General Meeting of Shareholders held in
2024, the realization of the use of proceeds from the Company’s Initial Public Offering as of December 31, 2024, is as follows:
CONFIDENTIAL | Copyright © 2025 ITSEC Asia. All rights reserved. 31
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1. Rp80.205.239.706,- (delapan puluh miliar dua ratus lima juta dua ratus tiga puluh sembilan ribu
tujuh ratus enam Rupiah) atau sebesar 87% (delapan puluh tujuh persen) telah digunakan sebagai
modal kerja; dan
Rp80,205,239,706 (eighty billion two hundred five million two hundred thirty-nine thousand seven hundred six
Rupiah), or 87% (eighty-seven percent), has been used as working capital; and
2. Rp11.984.690.990,- (sebelas miliar sembilan ratus delapan puluh empat juta enam ratus sembilan
puluh ribu sembilan ratus sembilan puluh Rupiah) atau sebesar 13% (tiga belas persen) telah
digunakan untuk pengembangan usaha.
Rp11,984,690,990 (eleven billion nine hundred eighty-four million six hundred ninety thousand nine hundred
ninety Rupiah), or 13% (thirteen percent), has been used for business development.
Dengan demikian dana hasil Penawaran Umum Perdana Perseroan telah habis direalisasikan seluruhnya
pada Tahun Buku 2024.
Thus, the proceeds from the Company’s Initial Public Offering have been fully realized in the 2024 fiscal year.
CONFIDENTIAL | Copyright © 2025 ITSEC Asia. All rights reserved. 32
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Sedangkan jumlah Waran Seri I yang diterbitkan pada tanggal 8 Agustus 2023 adalah sebanyak
504.353.234 (lima ratus empat juta tiga ratus lima puluh tiga ribu dua ratus tiga puluh empat) lembar.
Jumlah Waran Seri I yang telah dikonversi menjadi saham per 31 Desember 2024 adalah sebanyak
14.166 (empat belas ribu seratus enam puluh enam) lembar atau sebesar Rp.5.666.400,- (lima juta
enam ratus enam puluh enam ribu empat ratus Rupiah).
Dari jumlah dana hasil konversi Waran Seri I tersebut, per 31 Desember 2024 belum ada dana yang
digunakan dan dana akan digunakan pada Tahun Buku 2025. Total Waran Seri I yang belum
dikonversikan adalah sejumlah 504.339.068 (lima ratus empat juta tiga ratus tiga puluh sembilan ribu
enam puluh delapan) lembar.
The total number of Series I Warrants issued on August 8, 2023, was 504,353,234 (five hundred four million
three hundred fifty-three thousand two hundred thirty-four) warrants. As of December 31, 2024, a total of 14,166
(fourteen thousand one hundred sixty-six) warrants have been converted into shares, amounting to
Rp5,666,400 (five million six hundred sixty-six thousand four hundred Rupiah).
As of December 31, 2024, none of the proceeds from the Series I Warrant conversions have been used, and
the funds will be utilized in the 2025 fiscal year. The remaining unconverted Series I Warrants total
504,339,068 (five hundred four million three hundred thirty-nine thousand sixty-eight) warrants.
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Mata Acara 5 / Agenda 5
1. Pemberhentian dengan hormat Tuan JOSEPH EDI HUT LUMBAN GAOL, selaku Presiden
Direktur Perseroan, dan yang bersangkutan telah menerima pemberhentian tersebut, serta
memberikan pembebasan tanggung jawab, Acquit et de charge selama menjalankan tugasnya
selaku Presiden Direktur Perseroan;
The honorable dismissal of Mr. JOSEPH EDI HUT LUMBAN GAOL as President Director of the Company,
which he has accepted, along with granting him discharge and release from responsibility (acquit et de
charge) for his duties while serving as President Director of the Company;
2. Pemberhentian dengan hormat Tuan PATRICK RUDOLF DANNACHER, selaku Presiden
Komisaris Perseroan, dan yang bersangkutan telah menerima pemberhentian tersebut, serta
memberikan pembebasan tanggung jawab, Acquit et de charge selama menjalankan tugasnya
selaku Komisaris Perseroan;
The honorable dismissal of Mr. PATRICK RUDOLF DANNACHER as President Commissioner of the
Company, which he has accepted, along with granting him discharge and release from responsibility (acquit
et de charge) for his duties while serving as Commissioner of the Company;
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3. Pemberhentian dengan hormat Tuan RICHARDUS EKO INDRAJIT, selaku Komisaris Independen
Perseroan, dan yang bersangkutan telah menerima pemberhentian tersebut, serta memberikan
pembebasan tanggung jawab, Acquit et de charge selama menjalankan tugasnya selaku Komisaris
Perseroan;
The honorable dismissal of Mr. RICHARDUS EKO INDRAJIT as Independent Commissioner of the Company,
which he has accepted, along with granting him discharge and release from responsibility (acquit et de charge)
for his duties while serving as Commissioner of the Company;
4. Pemberhentian dengan hormat Tuan YULIUS C RUSLI, selaku Komisaris Perseroan, dan yang
bersangkutan telah menerima pemberhentian tersebut, serta memberikan pembebasan tanggung
jawab, Aqcuit et de charge selama menjalankan tugasnya selaku Komisaris Perseroan;
The honorable dismissal of Mr. YULIUS C RUSLI as Commissioner of the Company, which he has accepted, along
with granting him discharge and release from responsibility (acquit et de charge) for his duties while serving as
Commissioner of the Company;
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5. Pemberhentian dengan hormat Tuan RICO RIZAL BUDIDARMO, selaku Komisaris Perseroan,
dan yang bersangkutan telah menerima pemberhentian tersebut, serta memberikan pembebasan
tanggung jawab, Acquit et de charge selama menjalankan tugasnya selaku Komisaris Perseroan;
The honorable dismissal of Mr. RICO RIZAL BUDIDARMO as Commissioner of the Company, which he has
accepted, along with granting him discharge and release from responsibility (acquit et de charge) for his
duties while serving as Commissioner of the Company;
6. Pengangkatan Tuan PATRICK RUDOLF DANNACHER selaku Presiden Direktur Perseroan
terhitung efektif sejak penutupan rapat ini;
The appointment of Mr. PATRICK RUDOLF DANNACHER as President Director of the Company, effective
as of the closing of this meeting;
7. Pengangkatan Tuan RICHARDUS EKO INDRAJIT selaku Presiden Komisaris Perseroan terhitung
efektif sejak penutupan rapat ini;
The appointment of Mr. RICHARDUS EKO INDRAJIT as President Commissioner of the Company, effective
as of the closing of this meeting.
CONFIDENTIAL | Copyright © 2025 ITSEC Asia. All rights reserved. 36
Page 38
8. Pengangkatan kembali seluruh anggota Direksi & anggota Dewan Komisaris Perseroan untuk masa
jabatan terhitung efektif sejak penutupan rapat ini, sehingga susunan Pengurus Perseroan menjadi
sebagai berikut:
The reappointment of all members of the Board of Directors and the Board of Commissioners of the Company for
the term of office effective as of the closing of this meeting, resulting in the Company’s management structure as
follows:
Dewan Komisaris
Presiden Komisaris / President Commissioner : Richardus Eko Indrajit
Komisaris Independen / Independent Commissioner : Agustinus Nicholas L. Tobing
Komisaris / Commissioner : Andri Hutama Putra
Direksi
Presiden Direktur / President Director : Patrick Rudolf Dannacher
Wakil Presiden Direktur / Vice President Director : Marek Bialoglowy
Direktur / Director : Eko Prasudi Widianto
Direktur / Director : Bima Kurniawan
Direktur / Director : Bambang Susilo
Direktur / Director : Doni Mora
CONFIDENTIAL | Copyright © 2025 ITSEC Asia. All rights reserved. 37
Page 39
Mata Acara 6 / Agenda 6
1. Menyetujui memberikan wewenang dan kuasa kepada Dewan Komisaris Perseroan dalam
menetapkan gaji dan/atau honorarium dan/atau remunerasi dan/atau tunjangan lainnya bagi
masing-masing anggota Direksi Perseroan dan Dewan Komisaris untuk tahun buku 2025
dengan tetap mempertimbangkan rekomendasi dari Komite Nominasi dan Remunerasi serta
peraturan dan perundangan yang berlaku, dan pembagiannya ditetapkan oleh Dewan
Komisaris Perseroan melalui Rapat Dewan Komisaris.
Approved to grant authority and power to the Company’s Board of Commissioners to determine the
salary and/or honorarium and/or remuneration and/or other allowances for each member of the
Board of Directors and the Board of Commissioners for the 2025 fiscal year, taking into account
recommendations from the Nomination and Remuneration Committee as well as applicable laws and
regulations, with the allocation to be decided by the Board of Commissioners through a Board of
Commissioners Meeting.
CONFIDENTIAL | Copyright © 2025 ITSEC Asia. All rights reserved. 38
Page 40
2. Memberi kuasa kepada Direksi Perseroan untuk menyatakan keputusan ini dalam suatu Akta
Notaris, dan untuk itu dikuasakan menghadap Notaris, menandatangani akta, dokumen atau
surat-surat, serta melakukan segala sesuatu yang diperlukan untuk tercapainya maksud
tersebut di atas tanpa ada yang dikecualikan sekaligus memberitahukan perubahan ini
kepada instansi yang berwenang.
Authorized the Company’s Board of Directors to declare this decision in a Notarial Deed, with full
authority to appear before a Notary, sign deeds, documents, or letters, and to do all necessary
actions to achieve the above purpose without exception, and to notify the relevant authorities of this
change.
CONFIDENTIAL | Copyright © 2025 ITSEC Asia. All rights reserved. 39
Page 41
In an era of increasing cyber threats,
safeguarding your business against malicious
actors is no longer optional – it's a necessity.
CONFIDENTIAL | Copyright © 2025 ITSEC Asia. All rights reserved. 40
Page 42
Thank You
INDONESIA SINGAPORE AUSTRALIA DUBAI MAURITIUS
Noble House, Level 11. 112 Robinson Road, #11-04 Level 18, 390 St Kilda Road Office 13, Floor M, Palm Jumeirah The Catalyst Building, Ground
Jakarta 12950, Indonesia Singapore 068902 Melbourne Victoria 3004 Golden Mile Building 4, Dubai, Floor, Lot 40, Silicon Avenue
UAE Ebene, Mauritius
contact@itsec.asia contact@itsec.sg info@itsec.com.au info@itsec-cyber.ae contact@itsecasia.com
+62 (21) 29783050 +65 3159 1145 +61 403 185 051 +971 4 558 7217 +65 3159 1145
41 41
Names mentioned 20 people and organisations named in the text · linked when the evidence is strong
unresolved
org
Siber & Sandi Negara
p.4
unresolved
org
PT ITSEC Cyber Academy
p.6
unresolved
org
ITSEC Australia Pty. Ltd.
p.6
unresolved
org
ITSEC Services Asia Pte. Ltd.
p.6 ×2
unresolved
org
Brand Awareness & Partners
p.12
unresolved
org
PT Executive Resilience ITSEC Cyber Academy
p.16
unresolved
org
Financial Services Authority
p.32
unresolved
person
JOSEPH EDI HUT LUMBAN GAOL
· President Director
p.35 ×2
unresolved
person
YULIUS C RUSLI
· Komisaris
p.36 ×3
unresolved
person
RICO RIZAL BUDIDARMO
· Komisaris
p.37 ×3
unresolved
—
Pengangkatan Tuan PATRICK RUDOLF DANNACHER
· Presiden Direktur
p.37 ×10
unresolved
—
Pengangkatan Tuan RICHARDUS EKO INDRAJIT
· Presiden Komisaris
p.37 ×11
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