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Page 1
ANNOUNCEMENT
2 May 2025

                                            ANNOUNCEMENT OF THE MINUTES SUMMARY OF
                                            ANNUAL GENERAL MEETING OF SHAREHOLDERS
                                              PT ASURANSI TUGU PRATAMA INDONESIA Tbk

                In order to comply with the provisions of Article 49 paragraph (1) and Article 51 of the Financial Services
                Authority Regulation No. 15/POJK.04/2020 concerning the Plan and Organizing of the General Meeting of
                Shareholders of Public Company, the Board of Directors of PT Asuransi Tugu Pratama Indonesia Tbk
                (hereinafter referred to as the “Company”) hereby notifies the Shareholders, that the Company has held an
                Annual General Meeting of Shareholders (hereinafter referred to as the “Meeting”), with the detail as
                follow:

                 A.   The Meeting was held on:
                      Day / Date            : Tuesday/29 April 2025
                      Time                  : 02.31 – 04.44 pm (Western Indonesia Time)
                      Venue                 : Function Hall PT Asuransi Tugu Pratama Indonesia Tbk,
                                               Wisma Tugu I, 1st Floor, Jl. HR. Rasuna Said Kavling C8-9, Jakarta 12920.
                      Meeting Agendas       :
                                           1. Approval of the 2024 financial year Annual Report of the Company,
                                               accompanied by granting of full release and discharge (volledig
                                               acquit et de-charge) to the Board of Directors and the Board of
                                               Commissioners of the Company.
                                           2. Determination of the appropriation of the Company’s net profits for
                                               2024 financial year.
                                           3. Appointment of the Company’s Public Accountant Firm to Auditing
                                               Financial Report for 2025 financial year.
                                           4. Determination of performance rewards (Tantiem/Performance
                                               Incentive/Special Incentive) for 2024 financial year to the Board of
                                               Directors and the Board of Commissioners of the Company and
                                               remuneration for 2025 financial year for the Board of Directors, the
                                               Board of Commissioners, and Sharia Supervisory Board of the
                                               Company.
                                           5. Approval of the accountability report on the utilization of proceeds
                                               from Initial Public Offering.
                                           6. Approval of changes of the utilization of remaining proceeds from
                                               the Company's initial public offering.
                                           7. Approval of the changes in the management composition of the
                                               Company.


                B.    Members of the Board of Directors and Board of Commissioners present at the Meeting:

                      BOARD OF COMMISSIONERS
                      President Commissioner & Independent Commissioner                : Mr. Abdul Ghofar
                      Commissioner                                                     : Mr. Bagus Agung Rahadiansyah
                      Commissioner                                                     : Mr. Samuel Lie (Samuel Ramna)
                      Independent Commissioner                                         : Mr. Tajudin Noor
                      Independent Commissioner                                         : Mr. Drs. Poerwo Tjahjono, Ak., MM.




   PT Asuransi Tugu Pratama Indonesia Tbk            Head Office:                                      t. +6221 529 61777 (hunting)
   a member of PERTAMINA                             Wisma Tugu I                                      f. +6221 529 61555 • +6221 529 62555
                                                     Jl. H.R. Rasuna Said Kav. C 8-9                   e. enquiry@tugu.com • claim@tugu.com
                                                     Jakarta 12920, Indonesia                          www.tugu.com
Page 2
ANNOUNCEMENT
2 May 2025


                      BOARD OF DIRECTORS
                      President Director                                               : Mr. Tatang Nurhidayat
                      Finance & Corporate Services Director                            : Mr. Emil Hakim, S.E Ak.
                      Technical Director                                               : Mr. Sudarlin
                      Insurance Marketing Director                                     : Mr. Ery Widiatmoko
                      Compliance & Risk Management Director                            : Mr. Edi Yoga Prasetyo

                      SHARIA SUPERVISORY BOARD
                      Member                                                           : Mrs. Siti Hannah

                C.    The meeting was attended by 3,043,207,220 shares with legal voting rights or 85.5897206% of all
                      shares with legal voting rights issued by the Company.

                D.    In the Meeting the Shareholders and/or their proxies are given the opportunity to ask questions
                      and/or provide opinions regarding the Meeting agendas.

                E.

                       Agenda 1               In the First Agenda of the Meeting, there was a question
                                              from 1 (one) shareholder with ownership of 4,956,000
                                              shares, and the question was answered by the
                                              Company's President Director.
                       Agenda 2               There are no questions and/or opinions.
                       Agenda 3               There are no questions and/or opinions.
                       Agenda 4               There are no questions and/or opinions.
                       Agenda 5               In the Fifth Agenda of the Meeting, there was a proposed
                                              narrative of the Meeting's decisions from the Proxy of PT
                                              Pertamina (Persero) with ownership of 2,080,000,000
                                              shares.
                       Agenda 6               In the Sixth Agenda of the Meeting, there was a proposed
                                              narrative of the Meeting's decisions from the Proxy of PT
                                              Pertamina (Persero) with ownership of 2,080,000,000
                                              shares.
                       Agenda 7               There are no questions and/or opinions.

                F.    The decision-making mechanism in the Meeting is as follows:
                      Meeting decisions are made based on deliberation for consensus. In the event of mutual
                      deliberation for consensus is not reached, the decisions are made through voting. The decision is
                      valid if it is approved by more than 1/2 (one half) of all shares with voting rights present at the
                      Meeting.




   PT Asuransi Tugu Pratama Indonesia Tbk            Head Office:                                      t. +6221 529 61777 (hunting)
   a member of PERTAMINA                             Wisma Tugu I                                      f. +6221 529 61555 • +6221 529 62555
                                                     Jl. H.R. Rasuna Said Kav. C 8-9                   e. enquiry@tugu.com • claim@tugu.com
                                                     Jakarta 12920, Indonesia                          www.tugu.com
Page 3
ANNOUNCEMENT
2 May 2025

                 G. The meeting resolutions through voting mechanism:

                      AGENDA 1:

                                   Approved                            Abstain                        Disapproved

                       3,040,199,780            votes    2,782,440        votes       or     225,000         votes        or
                       99.9011753% of the total          0.0914312% of the total             0.0073935% of the total
                       shares with legal voting rights   shares with legal voting rights     shares with legal voting rights
                       present at the Meeting            present at the Meeting              present at the Meeting


                     The Resolution of Agenda 1:

                     1. Approved the Company's Annual Report including the Board of Commissioners Supervisory
                        Report and ratified the Company's Consolidated Financial Statements for the financial
                        year ended 31 December 2024, which consists of Financial consolidated Statement, as
                        well as income and other comprehensive income statement, equity and consolidated cash
                        flow statement for the year ended on that date, and notes to the consolidated financial
                        statements, including summary of material accounting which have been audited by the
                        Public Accounting Firm Amir Abadi Jusuf, Aryanto, Mawar and Partners according to report
                        No. No.00072/2.1030/AU.1/08/1698-1/1/II/2025 dated 28 February 2025 with the
                        opinion "Fairly stated in all material respects".

                     2. Upon the approval of the Company's Annual Report including the Board of Commissioners
                        Supervisory Report and the ratification of the Company's Consolidated Financial
                        Statements for the Financial Year ended 31 December 2024, the Meeting granted full
                        release and discharge of responsibility (volledig acquit et de charge) to the Board of
                        Directors for management actions, to the Board of Commissioners for the supervisory
                        actions that have been carried out in the financial year ended 31 December 2024 as long
                        as:
                         a. These actions are reflected in the Company's Annual Report (including consolidated
                             Financial Statements) for the year ended December 2024.
                         b. These actions are not criminal acts and/or unlawful act.


                     AGENDA 2:

                                     Approved                           Abstain                       Disapproved

                       3,041,805,220            votes      707,700         votes        or   694,300         votes        or
                       99.9771853% of the total            0.0232551% of the total           0.0228147% of the total
                       shares with legal voting rights     shares with legal voting rights   shares with legal voting rights
                       present at the Meeting              present at the Meeting            present at the Meeting


                     The Resolution of Agenda 2:

                     1. Determine the Use of Income for the Year attributable to equity holders of the parent entity
                        for the Financial Year ended 31 December 2024 amounted to Rp700,854,404,000 as
                        follows:
                        a. 40% of the Income for the Year attributable to equity holders of the parent entity or
                             Rp280,341,761,573.18 as dividends to shareholders in accordance to their respective
                             shares ownership portion.



   PT Asuransi Tugu Pratama Indonesia Tbk            Head Office:                                t. +6221 529 61777 (hunting)
   a member of PERTAMINA                             Wisma Tugu I                                f. +6221 529 61555 • +6221 529 62555
                                                     Jl. H.R. Rasuna Said Kav. C 8-9             e. enquiry@tugu.com • claim@tugu.com
                                                     Jakarta 12920, Indonesia                    www.tugu.com
Page 4
ANNOUNCEMENT
2 May 2025

                          b.   Dividens payment to shareholders must be paid before Tantiem payment for the
                               Company’s Board of Directors and Board of Commissioners.

                          c.   60% of the Income for the Year attributable to equity holders of the parent entity or
                               Rp420,512,642,426.82 as retained earnings.

                     2. Grants the power and authority to the Board of Directors of the Company to arrange the
                        cash dividend payment distribution procedure no later than 30 days after the
                        announcement of the summary of the Company's Annual GMS.


                      AGENDA 3:

                                     Approved                            Abstain                       Disapproved

                       3,029,201,369            votes       713,200         votes        or   13,292,651        votes      or
                       99.5397668% of the total             0.0234358% of the total           0.4367974% of the total
                       shares with legal voting rights      shares with legal voting rights   shares with legal voting rights
                       present at the Meeting               present at the Meeting            present at the Meeting



                     The Resolution of Agenda 3 :

                      Grants the authority and power to the Board of Commissioners of the Company to appoint a Public
                      Accounting Firm to perform audit on the Company's Financial Statements for the financial year
                      ending on 31 December 2025 including the amount of the service fee, in accordance with applicable
                      rules and regulations, including appointing a replacement if for any reason based on the provisions of
                      the capital market in Indonesia the appointed Public Accounting Firm is unable to carry out its duties,
                      with the criteria that the Public Accounting Firm is registered in the Financial Services Authority, and
                      by coordinating beforehand to the Controlling Shareholder, in this case is PT Pertamina (Persero).



                      AGENDA 4:

                                     Approved                            Abstain                       Disapproved

                       3,041,775,120            votes       708,700         votes        or   723,400         votes        or
                       99.9529411% of the total             0.0232879% of the total           0.0237710% of the total
                       shares with legal voting rights      shares with legal voting rights   shares with legal voting rights
                       present at the Meeting               present at the Meeting            present at the Meeting



                     Resolution of Agenda 4 :

                     1. Tantiem
                        Grants the power and authority to the Company's Board of Commissioners with prior
                        approval from PT Pertamina (Persero) as the controlling shareholder to determine
                        Performance Rewards (Tantiem/Performance Incentives/Special Incentives) for members
                        of the Company's Board of Directors and Board of Commissioners for the 2024 financial
                        year.




   PT Asuransi Tugu Pratama Indonesia Tbk             Head Office:                                t. +6221 529 61777 (hunting)
   a member of PERTAMINA                              Wisma Tugu I                                f. +6221 529 61555 • +6221 529 62555
                                                      Jl. H.R. Rasuna Said Kav. C 8-9             e. enquiry@tugu.com • claim@tugu.com
                                                      Jakarta 12920, Indonesia                    www.tugu.com
Page 5
ANNOUNCEMENT
2 May 2025


                     2. Remuneration
                        Grants the power and authority to the Company's Board of Commissioners with prior
                        approval from PT Pertamina (Persero) as the controlling shareholder to determine the
                        amount of salary/honorarium, allowances and facilities for members of the Board of
                        Directors, the Board of Commissioners, and the Sharia Supervisory Board (DPS) of the
                        Company for the 2025 financial year.

                          The Company is obliged to submit report in writing to PT Pertamina (Persero) as the
                          controlling shareholder regarding the implementation of the 2024 Performance Rewards
                          (Tantiem/Performance Incentives/Special Incentives) to the Board of Directors and Board
                          of Commissioners, as well as the 2025 Remuneration determination for the Board of
                          Directors, Board of Commissioners, and the Sharia Supervisory Board (DPS) no later than
                          3 (three) months after implementation.


                      AGENDA 5:

                                     Approved                             Abstain                      Disapproved

                       3,042,273,520            votes        708,700         votes        or   225,000         votes        or
                       99.9693186% of the total              0.0232879% of the total           0.0073935% of the total
                       shares with legal voting rights       shares with legal voting rights   shares with legal voting rights
                       present at the Meeting                present at the Meeting            present at the Meeting



                     Resolution of Agenda 5 :
                     Approved the Accountability Report of the Realization of the Use of Proceeds from the Public Offering:

                           -    The total proceeds obtained amount to Rp684,444,530,000.00 (six hundred eighty four
                                billion four hundred forty four million five hundred thirty thousand rupiah).
                           -    The total costs incurred in the implementation of the public offering are
                                Rp25,742,358,837.00 (twenty five billion seven hundred forty two million three hundred
                                fifty eight thousand eight hundred thirty seven rupiah).
                           -    The proceeds that have been realized and allocated amount to Rp586,091,519,814.10
                                (five hundred eighty six billion ninety one million five hundred nineteen thousand eight
                                hundred fourteen point one zero rupiah).
                           -    The remaining proceeds amount to Rp72,610,651,348.90 (seventy two billion six hundred
                                ten million six hundred fifty one thousand three hundred forty eight point nine zero rupiah).




   PT Asuransi Tugu Pratama Indonesia Tbk              Head Office:                                t. +6221 529 61777 (hunting)
   a member of PERTAMINA                               Wisma Tugu I                                f. +6221 529 61555 • +6221 529 62555
                                                       Jl. H.R. Rasuna Said Kav. C 8-9             e. enquiry@tugu.com • claim@tugu.com
                                                       Jakarta 12920, Indonesia                    www.tugu.com
Page 6
ANNOUNCEMENT
2 May 2025


                      AGENDA 6:

                                     Approved                             Abstain                      Disapproved

                          3,007,607,833            votes     708,700         votes        or   34,890,687        votes      or
                          98.8302017% of the total           0.0232879% of the total           1.1465104% of the total
                          shares with legal voting rights    shares with legal voting rights   shares with legal voting rights
                          present at the Meeting             present at the Meeting            present at the Meeting



                     Resolution of Agenda 6 :
                      Approving the Change in Use of Remaining Proceeds from the Company's Initial Public Offering, as
                      follows:

                             -   The remaining proceeds amounting to Rp72,610,651,348.90 (seventy-two billion six
                                 hundred ten million six hundred fifty-one thousand three hundred forty-eight point nine zero
                                 rupiah) will be used for capital deposit in Subsidiaries after obtaining approval for waiver
                                 moratorium No. SK-315/MBU/12/2019 from the Ministry of State-Owned Enterprises.



                      AGENDA 7:

                                     Approved                             Abstain                      Disapproved

                          2,808,297,282            votes     192,959,061       votes      or   41,950,877        votes      or
                          92.2808432% of the total           6.3406481% of the total           1.3785087% of the total
                          shares with legal voting rights    shares with legal voting rights   shares with legal voting rights
                          present at the Meeting             present at the Meeting            present at the Meeting



                     Resolution of Agenda 6 :

                     1.     Honorably dismissed the following members of the Board of Directors and members of the Board
                            of Commissioners of the Company:
                                 a. Mr. Tatang Nurhidayat as President Director;
                                 b. Mr. Emil Hakim, S.E Ak. as Financial and Corporate Service Director;
                                 c. Mr. Sudarlin as Technical Director
                                 d. Mr. Bagus Agung Rahadiansyah as Commissioner.


                     2.     Appointment of members of the Board of Directors and members of the Board of Commissioners
                            of the Company as follows:
                                 a. Mr. Adi Pramana as President Director;
                                 b. Mrs. Fitri Azwar as Financial and Corporate Service Director;
                                 c. Mr. Fadlil Iswahyudi as Technical Director
                                 d. Mr. Bagus Agung Rahadiansyah as Commissioner for the second term of office.




   PT Asuransi Tugu Pratama Indonesia Tbk              Head Office:                                t. +6221 529 61777 (hunting)
   a member of PERTAMINA                               Wisma Tugu I                                f. +6221 529 61555 • +6221 529 62555
                                                       Jl. H.R. Rasuna Said Kav. C 8-9             e. enquiry@tugu.com • claim@tugu.com
                                                       Jakarta 12920, Indonesia                    www.tugu.com
Page 7
ANNOUNCEMENT
2 May 2025

                     3.   Dismissal and appointment of members of the Board of Directors and members of the Board of
                          Commissioners of the Company as referred to in numbers 1 and 2 above for 1 (one) term of
                          office starting from the closing of the Meeting by considering the applicable laws and regulations
                          without reducing the right of the GMS to dismiss members of the Board of Directors and Board of
                          Commissioners at any time before their term of office ends.

                    Therefore, the composition of the members of the Board of Commissioners, Board of Directors and
                    Sharia Supervisory Board is as follows:
                          BOARD OF COMMISSIONERS
                          President Commissioner/Independent Commissioner               : Mr. Abdul Ghofar
                          Commissioner                                                  : Mr. Bagus Agung Rahadiansyah
                          Commissioner                                                  : Mr. Samuel Lie (Samuel Ramna)
                          Independent Commissioner                                      : Mr. Drs. Poerwo Tjahjono, Ak.,MM.
                          Independent Commissioner                                      : Mr. Tajudin Noor

                          BOARD OF DIRECTORS
                          President Director                                            : Mr. Adi Pramana
                          Financial & Corporate Service Director                        : Mrs. Fitri Azwar
                          Insurance Marketing Director                                  : Mr. Ery Widiatmoko
                          Technical Director                                            : Mr. Fadlil Ishwayudi
                          Compliance & Risk Management Director                         : Mr. Edi Yoga Prasetyo

                          SHARIA SUPERVISORY BOARD
                          Chairman                                                      : Mr. Muhammad Maksum
                          Member                                                        : Mrs. Siti Hannah



                                                            Jakarta, 2 May 2025

                                               PT ASURANSI TUGU PRATAMA INDONESIA Tbk
                                                        The Board of Directors




   PT Asuransi Tugu Pratama Indonesia Tbk             Head Office:                                      t. +6221 529 61777 (hunting)
   a member of PERTAMINA                              Wisma Tugu I                                      f. +6221 529 61555 • +6221 529 62555
                                                      Jl. H.R. Rasuna Said Kav. C 8-9                   e. enquiry@tugu.com • claim@tugu.com
                                                      Jakarta 12920, Indonesia                          www.tugu.com

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Names mentioned 26 people and organisations named in the text · linked when the evidence is strong

linked person Bagus Agung Rahadiansyah · Commissioner p.1 ×8
linked person Drs. Poerwo Tjahjono p.1 ×6
linked person Tatang Nurhidayat · President Director p.2 ×2
linked person Emil Hakim p.2 ×4
linked person Amir Abadi Jusuf p.3
linked person Adi Pramana · President Director p.6 ×2
linked person Fitri Azwar p.6 ×2
linked person Fadlil Iswahyudi p.6
possible person Abdul Ghofar p.1 ×3
possible person Samuel Lie p.1 ×3
possible org PT Pertamina (Persero) p.2 ×6
possible person Sudarlin p.6
unresolved org Financial Services Authority p.1 ×2
unresolved person Tajudin Noor Independent p.1 ×3
unresolved org Tatang Nurhidayat Finance p.2
unresolved org Sudarlin Insurance Marketing p.2
unresolved person Ery Widiatmoko Compliance p.2 ×3
unresolved person Edi Yoga Prasetyo SHARIA SUPERVISORY p.2 ×4
unresolved person Siti Hannah C. p.2 ×2
unresolved org Ministry of State-Owned Enterprises. p.6
unresolved org Adi Pramana Financial p.7
unresolved org Fitri Azwar Insurance Marketing p.7
unresolved person Ery Widiatmoko Technical p.7
unresolved person Fadlil Ishwayudi Compliance p.7
unresolved person Muhammad Maksum p.7

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