20250517_BEEF_Ringkasan Risalah//Risalah RUPS_31886575_lamp3.pdf

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-          Member of the Board of Commissioner present at the Meeting:

            President of Commissioner                             Mr. Aldi Imam Wibowo
            Commissioner                                          Mr.Billy Sabarto

    V.         Chairman of Meeting:
               The meeting was chaired by Mr. Aldi Imam Wibowo, as President Commissioner

    VI.        Attendance of Shareholders at the Annual General Meeting of Shareholders:
               The Annual GMS, quorum provisions as stipulated in Article 12 paragraph 2 number (1) letter a of the
               Company's Articles of Association, Article 86 paragraph 1 of Law No. 40 of 2007 concerning Limited
               Liability Companies ("UUPT") and Article 41 paragraph 1 letter a POJK No. 15/POJK.04/2020 ("POJK No.
               15/2020"), based on these provisions, the Meeting may be held if it is attended by shareholders
               representing more than 1/2 (one-half) of the total number of shares with rights votes present in the
               meeting.

               In this regard, Annual GMS the Shareholders who are present or represented by their Proxies in the
               Meeting represent as many as 5,857,624,506 shares or represent 81.51% of all shares that have been
               issued by the Company with valid voting rights, and therefore the quorum requirements as stipulated in
               these provisions have been met, so that the Meeting is valid and has the right to take binding decisions
               in accordance with the agenda Meeting.

    VII.       Attendance of Shareholders at the Extraordinary General Meeting of Shareholders:
               The Extraordinary General Meeting of Shareholders, quorum provisions as stipulated in Article 12
               paragraph 2 number (1) letter a of the Company's Articles of Association, Article 86 paragraph 1 of Law
               No. 40 of 2007 concerning Limited Liability Companies ("UUPT") and Article 41 paragraph 1 letter a POJK
               No. 15/POJK.04/2020 ("POJK No. 15/2020"), based on these provisions, the Meeting may be held if it is
               attended by shareholders representing more than 1/2 (one-half) of the total number of shares with rights
               votes present in the meeting.

               Concerning this, in the Extraordinary GMS, a total of 6,142,589,015 shares or represent 85.48% of all
               shares that have been issued by the Company with valid voting rights, and therefore the quorum
               requirements as stipulated in these provisions have been met, so that the Meeting is valid and has the
               right to take binding decisions in accordance with the agenda Meeting.

    VIII.      Submission of Questions and/or Opinions at the General Meeting of Shareholders:
               Shareholders and proxies had the chance to give their input and ask questions during the meeting, but
               there were no queries or opinions presented by any of them.


    IX.        Decision Making Mechanism at the General Meeting of Shareholders:
                  a. The Resolution of the Meeting is carried out by voting, because there are several Shareholders
                       who give power of attorney to (a) attend the Meeting only but not to vote (abstain) and (b)
                       attend the Meeting and vote against it;
                  b. Voting is carried out orally by raising hands by the Shareholders or their proxies who disagree
                       and then continued with the Shareholders or their proxies who cast blank votes (abstain).
                  c. Based on the provisions of the Company's Articles of Association and Article 47 of OJK Regulation
                       No. 15, the valid voting rights of those who attend the Meeting but do not vote or abstain, are
                       considered to have issued the same vote as the majority of the Shareholders who voted.
                  d. Based on the Financial Services Authority Regulation Number 16/POJK.04/2020 dated April 20,
                       2020 concerning the Implementation of the General Meeting of Shareholders of Public Companies
                       Electronically. This meeting was held physically and electronically using the electronic facilities
                       of the general meeting of shareholders provided by PT Kustodian Sentral Efek Indonesia, namely
                       eASY.KSEI (related to the granting of power of attorney through e-Proxy and also the exercise of
                       voting rights through e-Voting).

X.       Voting Results of the Annual General Meeting of Shareholders and Meeting Resolutions:

The results of decision-making carried out by voting/voting and Meeting Decisions are as follows:

First Agenda

              Approved                    Disagree                  Abstain               Proposed Question
       5.857.624.506 voter       /   0 voter / 0%             0 voter / 0%                       Null
       100%

     Decision of Meeting:
     Approved and ratify the Annual Report regarding the Company's business and the Company's financial
     administration for the financial year 2024, as well as the Company's Financial Statements including the
     Company's Balance Sheet and Profit/Loss Calculation for the financial year ended December 31, 2024 which
     has been audited by Independent Public Accounting Firm Drs Kartoyo & Parners and approve the Board of
     Commissioners' Supervisory Report for the financial year ended December 31, 2024, and provide full
     discharge and discharge of responsibility (volledig acquit et de charge) to all members of the Board of Directors
     and the Board of Commissioners of the Company for the supervisory and management actions carried out for
     the financial year ending December 31, 2024, as long as these actions are reflected in the Annual Report,
     Financial Statements and Supervisory Report of the Board of Commissioners for the financial year 2024.

Second Agenda

              Approved                    Disagree                  Abstain               Proposed Question
       5.857.624.506 voter       /   0 voter / 0%             0 voter / 0%                       Null
       100%

     Decision of Meeting:
     Approved the allocation of net profit for the financial year ending December 31, 2024, amounting to IDR
     103,297,742,169 (one hundred three billion two hundred ninety-seven million seven hundred forty-two
     thousand one hundred sixty-nine Rupiah) as retained earnings with the aim of strengthening the capital
     structure.

Third Agenda

              Approved                    Disagree                  Abstain               Proposed Question
       5.857.618.506 voter       /   6000 voter / 0%          0 voter / 0%                       Null
       99,999%

     Decision of Meeting:
     Approved to grant authority and power to the Board of Commissioners and the Company's Audit Committee,
     to appoint a Public Accountant and/or a Public Accounting Firm with Independent criteria and registered with
     OJK, which will audit the Company's financial statements for the financial year ending December 31, 2025, as
     well as to determine the honorarium of the Public Accountant including the terms of their appointment and
     dismissal.




 Fourth Agenda

              Approved                    Disagree                  Abstain               Proposed Question
       5.857.613.396 voter       /   11.110   voter       /   0 voter / 0%                       Null
       99,999%                       0,001%

      Decision of Meeting:
      Approved to authorize the Board of Commissioners to determine salaries and/or other allowances for members
      of the Company's Board of Directors, as well as honorarium and other allowances for members of the
      Company's Board of Commissioners for the financial year 2025, taking into account the
      input/recommendations from the Nomination and Remuneration Committee.

XI.       Voting Results of the Extraordinary General Meeting of Shareholders and Meeting Resolutions:

  1. First Agenda
                    Approved                     Disagree                  Abstain             Proposed Question
           6.142.589.015 Shares                     Nihil                    Nihil                     Nihil


      First Agenda:
               1.        Approving the distribution of Bonus Shares derived from part of the Additional Paid-in
                         Capital as of December 31, 2024, amounting to Rp63,525,784,476 (sixty-three billion five
                         hundred twenty-five million seven hundred eighty-four thousand four hundred seventy-six
                         Rupiah), to be capitalized by issuing Bonus Shares with a nominal value of Rp68 (sixty-eight
                         Rupiah) per share to the shareholders of the Company with a ratio of 100:13 (one hundred
                         to thirteen) so that each holder of 100 (one hundred) shares of the Company will receive
                         13 (thirteen) Bonus Shares.
               2.        Approving the increase in the placed and paid-up capital of the Company in relation to the
                         distribution of Bonus Shares derived from the Capitalization of Share Premium amounting
                         to Rp63,525,784,476 (sixty-three billion five hundred twenty-five million seven hundred
                         eighty-four thousand four hundred seventy-six Rupiah) or a total of 934,188,007 (nine
                         hundred thirty-four million one hundred eighty-eight thousand seven) Series B shares with
                         a nominal value of Rp68 (sixty-eight Rupiah).

               The initial and paid-up capital was 7,186,061,591 shares consisting of:
               a.        1,884,312,595 series A shares each with a nominal value of Rp100 or a total of Rp.
                         188,431,259,500.
               b.        5,301,748,996 series B shares each with a nominal value of Rp68 or a total of Rp
                         360,518,931,728.

               It becomes as follows:
               The issued and paid-up capital amounted to 8,120,249,598 shares consisting of:
               a.       1,884,312,595 Series A shares each with a nominal value of IDR 100 or a total of IDR
                        188,431,259,500.
               b.       6,235,937,003 Series B shares each with a nominal value of IDR 68 or a total of IDR
                        424,043,716,204.

               3.        Approving to grant authority and power with the right of substitution to the Board of
                         Directors of the Company to carry out the distribution of Bonus Shares including but not
                         limited to in accordance with the procedures and methods in accordance with the applicable
                         laws and regulations.




                         In connection with the distribution of Bonus Shares derived from the Capitalization of Share
                         Premium, approving to grant authority and power with the right of substitution to the Board
                         of Directors of the Company to amend the provisions of Article 4 paragraph 2 of the
                         Company’s Articles of Association, to adjust and/or change the composition of the
                         Company’s shareholders including those recorded in the database of the Online General
                         Legal Administration System at the Ministry of Law of the Republic of Indonesia, and to take
                         all actions related to the above decision including but not limited to creating, signing, and

                         submitting all documents, as well as to declare it in a separate deed before a Notary, as
                         required by and in accordance with the applicable laws and regulations, and subsequently
                         notify the changes to the Company’s Articles of Association to the relevant authorities based
                         on the applicable laws and regulations.


This is the Summary of the Minutes of the Annual General Meeting of Shareholders and the Extraordinary General
Meeting of Shareholders of PT ESTIKA TATA TIARA Tbk.


                                              Jakarta, 16 Mei 2025
                                           PT ESTIKA TATA TIARA Tbk
                                          Company’s Board of Directors