20250408_PTPP_Pemanggilan RUPS_31873363_lamp2.pdf

Explanation of the Agendas:
    a. Explanation of the 1st and 4th Agenda
       These are routine agenda items in the Company’s Annual General Meeting of Shareholders (AGMS).
       This is in accordance with the provisions of Article 21 paragraph (2) of the Company’s Articles of
       Association, Law Number 40 of 2007 concerning Limited Liability Companies, and Law Number 19
       of 2003 concerning State-Owned Enterprises as partially amended by Law Number 1 of 2025
       concerning the Third Amendment to Law Number 19 of 2003 concerning State-Owned Enterprises.

    b. Explanation of the 5th Agenda
       In accordance with the provisions of Article 6 paragraph (1) of Financial Services Authority Regulation
       Number: 30/POJK/04/2015 concerning the Report on the Realization of the Use of Proceeds from
       Public Offerings, a Public Company is required to account for the realization of the use of public
       offering proceeds in every AGMS until all proceeds have been fully realized.

    c. Explanation of the 6th and 7th Agenda
       In accordance with Article 3 paragraph (2)(c) in conjunction with Article 6 paragraph (1)(d) of
       Financial Services Authority Regulation Number 17/POJK.04/2020 concerning Material Transactions
       and Changes in Business Activities, material transactions in the form of acquisitions or divestments
       of companies or operating segments with a transaction value equal to or greater than 50% of the net
       profit of the Public Company must first obtain approval from the GMS.

    d. Explanation of the 8th Agenda
       In accordance with Article 34 paragraph (1) of Financial Services Authority Regulation (POJK) No.
       35, any amendments to the Pension Fund Program that result in changes to its funding must be
       submitted for approval to the Financial Services Authority (OJK) by the Company as the Founder of
       Dana Pensiun Pembangunan Perumahan. This must first be approved by the company’s
       shareholders through a GMS or through a written statement by the Founder, particularly if the funding
       changes affect the funding for the Founder’s Participants.

    e. Explanation of the 9th Agenda
       In accordance with the provisions of the Company’s Articles of Association and Law Number 40 of
       2007 concerning Limited Liability Companies, any changes to the composition of the Company’s
       management must be approved at the GMS.

Notes:
   1. The Company will not send a separate invitation to its Shareholders, as this Summons is in
       accordance with the Company’s Articles of Association and therefore serves as the official invitation
       to the Shareholders.
    2. Shareholders who are entitled to attend/be represented and vote at the AGMS are those whose
       names are registered in the Company’s Shareholders Register (“DPS”) or in securities accounts at
       PT Kustodian Sentral Efek Indonesia (“KSEI”) as of the close of trading on the Indonesia Stock
       Exchange (“IDX”) on Thursday, March 27th, 2025 at 4:15 PM WIB.
    3. The Company recommends that Shareholders attend the AGMS by granting proxy via the KSEI
       Electronic General Meeting System (“eASY.KSEI”) using the following procedures:
        a. Shareholders must first be registered in the KSEI Securities Ownership Reference Facility
            (“AKSES KSEI”). If not yet registered, Shareholders are requested to register via the AKSES
            KSEI website at www.akses.ksei.co.id;
        b. Shareholders who are already registered as AKSES KSEI users may grant their proxies
            electronically via eASY.KSEI at www.easy.ksei.co.id;
        c. The time period to grant proxies and votes, amend the appointment of the proxy and/or change
            vote choices for the AGMS agenda items or revoke the proxy is from the date of this Meeting
            Call until Tuesday, April 29th, 2025 at 12:00 PM WIB.
    4. Shareholders who still intend to physically attend the AGMS are requested to comply with the
       following terms and conditions:
        a. Shareholders who do not attend in person may be represented by a proxy under the following
            provisions:
             1) Shareholders may grant Power of Attorney to an independent party; members of the Board
                 of Commissioners, Directors, and employees of the Company may act as proxies, however,
                 any votes cast by them will not be counted in the voting.
             2) The Power of Attorney form can be downloaded from the Company’s website at
                 https://www.ptpp.co.id/en/media-center/announcement, and once completed must be
                 submitted to the Company’s Share Registrar (“BAE”), PT BSR Indonesia, via email
                 (adm.efek@bsrindonesia.com) or by phone at 021-3118181, no later than Tuesday, April
                 29th, 2025 at 12:00 PM WIB.
        b. Shareholders or their proxies attending the meeting must bring and present a valid copy of their
           identity card to the registration officer before entering the meeting room;
        c. Shareholders in the form of a legal entity are requested to bring a full copy of their Articles of
           Association and the latest deed of appointment of the members of the Board of Commissioners
           and Directors;
        d. Shareholders under collective custody must present a Written Confirmation for the Meeting
           (“KTUR”), which can be obtained during business hours from the Securities Company or
           Custodian Bank where the Shareholder holds their securities account.

5. The materials for the AGMS agenda are available from the date of this meeting call until the day the
   AGMS is held, and can be downloaded from the Company’s website at
   https://www.ptpp.co.id/en/media-center/announcement;
6. Shareholders or their proxies are encouraged to arrive at the AGMS venue no later than 45 (forty-
   five) minutes before the meeting begins.




                                      Jakarta, April 8th 2025
                                      PT PP (Persero) Tbk
                                     The Board of Directors