20250421_ESSA_Ringkasan Risalah//Risalah RUPS_31876758_lamp3.pdf

E. Agenda / Meeting Event Points
 1. Approval and ratification of the Company's Annual Report and Financial Statements for Financial
    Year 2024; including the Board of Directors Report and the Board of Commissioners' Supervisory
    Report for the Financial Year ended 31 December 2024;
 2. Appointment of a Public Accountant and/or Independent Public Accountant Firm that will audit
    the Company's financial statements for Fiscal Year 2025 and authorize the Board of
    Commissioners of the Company to determine the honorarium and appointment requirements for
    the Independent Public Accountant;
 3. Granting authority and power to the Board of Commissioners to determine salaries and/or
    honorariums and/or other benefits for members of the Board of Commissioners and members of
    the Board of Directors of the Company for Fiscal Year 2025; and
 4. Approval of the Use of the Company's Net Profit Balance for the Financial Year ended 31
    December 2024.
 5. Changes in the composition of the Company's Board of Commissioners, as well as the dismissal
    and reappointment of the Company's Board of Directors and Board of Commissioners.

F.   Q&A Opportunities for Shareholders
     Prior to decision making, the Chairman of the Meeting provides an opportunity for shareholders
     or shareholders' proxies present to ask questions and/or provide opinions in each Meeting
     Agenda.

G. Decision-Making Mechanism
   All decisions of the Meeting are taken based on deliberation for consensus. In the event that a
   decision based on deliberation for consensus is not reached, the decision shall be taken based on
   a majority vote of the number of votes validly issued in the Meeting. The decision is taken through
   the calculation of votes submitted by shareholders through eASY.KSEI and votes given through
   the granting of power of attorney to an proxy appointed by the Company's Securities
   Administration Bureau, namely PT Datindo Entrycom and by counting votes from shareholders
   present at the Meeting.

H. Quorum of Close Results
   For the entire Agenda of the Meeting, the quorum requirement required in Article 11 paragraph
   (2) a of the Company's Articles of Association applies, namely that the Meeting can be held if
   attended by shareholders or their proxies representing more than 1/2 (one-half) part of the total
   number of shares with valid voting rights that have been issued by the Company.

I.   Voting Results for each Meeting Agenda

          Agenda                    Accept                    Reject                     Abstain
          Agenda 1              11.773.381.118            1.314.057.730                253,415,900
          Agenda 2              12.729.248.148             358.190.700                 253.415.900
          Agenda 3              12.900.647.088             186.791.760                 253.415.900
          Agenda 4              13.085.720.448              1.718.400                  253.415.900
          Agenda 5              11.773.381.118            1.314.057.730                253.415.900

J. The resolutions on the Agenda of the Meeting have been approved in essence as follows:
    First Agenda of the Meeting:
   1. Approving and ratifying the Company’s Annual Report, including the Board of Directors’ Report
       and the Board of Commissioners' Supervisory Report for the period ending on December 31,
       2024;
   2. Ratifying the Company’s Financial Statements for the Fiscal Year ending on December 31, 2024,

                                                              AGMS’ Minutes of PT ESSA Industries Indonesia Tbk.
                                                                                                   16 April 2025
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   which have been audited by the Public Accounting Firm Gani Sigiro & Handayani;
3. Granting discharge and release to the members of the Board of Directors from responsibility for
   the management of the Company and to the members of the Board of Commissioners for their
   supervisory actions, as long as all such actions are reflected in the Company’s Financial
   Statements for the Fiscal Year ending on December 31, 2024 (acquit et de charge), do not conflict
   with applicable laws and regulations, and are not criminal actions.

 Second Agenda of the Meeting:
1. Approving the appointment of the Public Accountant and the Public Accounting Firm Gani Sigiro
   & Handayani – a member firm of Grant Thornton International Limited – to audit the Company’s
   Consolidated Financial Statements for the Fiscal Year ending on December 31, 2025;
2. Granting authority to the Board of Commissioners to determine the reasonable terms of the
   appointment and to appoint a replacement Public Accounting Firm in the event that the
   appointed Public Accounting Firm, based on the provisions and regulations of the Capital
   Market, is unable to perform its duties.

Third Agenda of the Meeting:
 Approving the delegation of authority and power to the Board of Commissioners to determine
 the salary and/or honorarium and/or other allowances for the members of the Board of
 Commissioners and the Board of Directors of the Company for the Fiscal Year 2025.

 Fourth Agenda of the Meeting:
 Approve the use of the Company's retained earnings ended 31 December 2024 with the following
 details:
1. The Company booked Net Profit attributable to the parent owner of USD 45,181,479 for Fiscal
   Year 2024.
2. The Company proposes to distribute dividends from the Company's retained earnings for
   Financial Year 2024.
3. The proposed dividend is Rp. 10/share to be distributed so that the amount of dividend is
   IDR 172,269,757,000 (approximately USD 10,270,659).
4. The remaining balance of USD 34,910,820 will be retained as Retained Earnings.

 Fifth Agenda of the Meeting:
1. Approved the honorable discharge of all members of the Board of Directors and the Board of
    Commissioners of the Company effective as of the closing of this Meeting, and granted full
    release and discharge (acquit et de charge) for the management and supervisory actions carried
    out during their term, to the extent such actions are reflected in the Company’s Annual Report
    and Financial Statements.
2. Approved the reappointment of members of the Board of Directors and the Board of
    Commissioners of the Company, effective as of the closing of this Meeting, as follows:
           a. Kanishk Laroya as President Director of the Company;
           b. Isenta Hioe as Director of the Company;
           c. Mukesh Agrawal as Director of the Company;
           d. Prakash Cand Bumb as Director of the Company;
           e. Hamid Awaluddin as President Commissioner and Independent Commissioner of the
               Company;
           f. Chander Vinod Laroya as Vice President Commissioner of the Company;
           g. Arif Rachmat as Commissioner of the Company;
           h. Rahul Puri as Commissioner of the Company;
           i. Prof. Dr. Ida Bagus Rahmadi Supancana as Independent Commissioner of the
               Company.

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                                                                                                 16 April 2025
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  3. Approved the appointment of Bhavna Laroya as a new Commissioner of the Company, effective
     as of the closing of this Meeting.
  4. Approved the composition of the Board of Directors and the Board of Commissioners of the
     Company effective as of the closing of this Meeting until the closing of the Annual General
     Meeting of Shareholders for the fiscal year 2030, to be held in 2031, as follows:
     Board of Directors
     President Director: Kanishk Laroya
     Director: Isenta Hioe
     Director: Mukesh Agrawal
     Director: Prakash Chand Bumb
     Board of Commissioners
     President Commissioner & Independent Commissioner: Hamid Awaluddin
     Vice President Commissioner: Chander Vinod Laroya
     Commissioner: Arif Rachmat
     Commissioner: Rahul Puri
     Commissioner: Bhavna Laroya
     Independent Commissioner: Prof. Dr. Ida Bagus Rahmadi Supancana
  5. Granted the authority and power to the members of the Board of Directors of the Company or
     other parties authorized to represent the Company, to take all necessary actions in connection
     with the implementation of this resolution, including but not limited to restating the
     composition of the Board of Directors and the Board of Commissioners of the Company,
     preparing or requesting the preparation of all deeds, letters, and required documents, appearing
     before the relevant authorities including Notaries, submitting applications to obtain approvals
     and/or notifying or reporting this matter to the relevant authorities.

The meeting closes at 10.57 am.



                                           Jakarta, 21 April 2025
                                     PT ESSA Industries Indonesia Tbk.
                                             Board of Directors




                                                             AGMS’ Minutes of PT ESSA Industries Indonesia Tbk.
                                                                                                  16 April 2025
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